A Step-by-Step-Guide on how to buy OST (OST)
Step 1 – Signup to CEX.io In the beginning you'll need to buy units of the bigger coins. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Follow the Link below to register and receive Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Transmit Your Ethereum (ETH) or Bitcoin (BTC) to an Exchange Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Exchange now. Every exchange has a deposit form that is alike. OST (OST) is obtainable on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Exchange? (Just follow this guide) Make sure you've chosen the exact coin you would like to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etc. If you are dealing with a decentralized exchange, like Airswap or DDEX could be different (Just follow our guide).
Step 3 – Locate OST (OST) Once your deposit has been verified, you'll instantly have access to your funds and you can initiate invest and trading. To buy OST (OST) on Binance, you'll want to go to the ”Exchange” tab and click on “Basic”. In order to locate OST (OST), you'll need to insert the short name of the asset (OST) into the search-box, which is marked in the graphic. Make sure you have selected the right grouping, we've marked this also. Click on “OST/BTC” to go on.
Step 4 – Acquisition of OST (OST) As soon as you've found OST (OST), you will be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). Next we are going to make our Limit Order. The field with the “Price” tag will be automatically filled with the latest valuation OST (OST) was traded for. You can change this to your preferred price. The ”Amount” field is the volumen of OST you like to purchase. The field with the “Total” tag is the total price in Bitcoin that you'll pay for the whole volumen of OST. If you're satisfied, make a mouse click on “Buy OST”. Your plan will be filled as soon as a Seller trades their OST for the price you offered.
Step 5 – Withdraw (OST) OST Unless you are frequently trading, never keep your crypto on an Crypto Exchange for an extended time frame. In order to withdraw your (OST) OST, go to the tab called “Funds” and mouse click on “Withdraw”. (OST) OST can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find (OST) OST by using the given drop-down box. Drop in the amount of (OST) OST you would like to withdraw. Take into account the presented fees/minimums. Also make sure you have filled your precise withdraw address. When you are satisfied, make a mouse click on “Submit”. You could be asked for phone/email verification ahead of a take off.