How to Buy OKB (OKB) in Cyprus

A Step-by-Step-Guide on how to buy OKB (OKB) in Cyprus

Step 1 – Join Coinbase and get 10$ for free

You'll first need to buy one of the bigger currencies. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Follow the Link below to register and getting your first 10 Dollar.

Step 2 – Send Your Ethereum or Bitcoin to an Crypto Trader

Your Bitcoin or Ethereum will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is alike. OKB (OKB) is obtainable on Binance, so we're going to use that as an example. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this guide)

Make sure you've chosen the correct coin you want to deposit.

Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, and so forth. If you're using a decentralized exchange, like Airswap or DDEX could be unlike (Follow our how-to).

Step 3 – Locate OKB (OKB)

Once your deposit has been affirmed, you will now have access to your funds and you can commence buying and trading. To purchase (OKB) OKB on Binance, you will want to go to the tab which is calledExchangeand then mouse click onBasic”.

To discover OKB (OKB), you will need to insert the short name of the asset (OKB) into the search box, which is marked in the picture. Make sure you have choosen the right pairing, we've marked this also. Click onOKB/BTCto continue.

Step 4 – Purchasing OKB (OKB)

Once you have discovered OKB (OKB), you'll be given a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). For now we are going to make our Limit Order.

ThePricefield will be automatically filled with the most up-to-date valuation (OKB) OKB was traded for. This can be changed to your desired rate. The field with theAmounttag is the volumen of OKB you like to buy. The field with theTotaltag is the total price in BTC that you'll pay for the whole amount of OKB.

When you're glad, make a mouse click onBuy OKB”. Your order will be filled as soon as a Vender trades their OKB for the price you submitted.

Step 5 – Withdraw OKB (OKB)

Unless you are trading, never keep your coins on an Exchange for an extended period of time. To take off your OKB (OKB), go to the tab calledFundsand click onWithdraw”. OKB (OKB) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find OKB (OKB) by using the given drop-down box. Put into the volumen of OKB (OKB) you would wish to take off. Take into account the demonstrated fees/minimums. Also make sure you have filled your precise withdraw address.

If you are satisfied, clickSubmit”. You could be asked for verfication via email/phone before a withdrawal.

Kudos! You've successfully bought and stored OKB (OKB) in Cyprus.

That's it!

Take offs from Cryptocurrency Exchange can durate between 1 – 30 minutes (depending on network usage). Once you have confirmed your take off using Ethplorer.io or Etherscan.io and the OKB (OKB) is stored within your wallet, you are all done.