How to Buy OKB (OKB) in Cayman Islands

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

Step 1 – Join Coinbase and get 10$ for free

You'll first need to buy units of the top-tier currencies. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Click below to register and receive your welcome 10 Dollar.

Step 2 – Transmit Your Bitcoin (BTC) or Ethereum (ETH) to an Cryptocurrency Exchange

Your Bitcoin or Ethereum has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. OKB (OKB) is obtainable on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Follow these easy steps)

Make sure you have selected the right coin you would like to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etc. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be different (Just follow our guide).

Step 3 – Locate (OKB) OKB

Once your deposit has been approved, you will immediately have access to your funds and you can launch purchasing and trading. To invest in (OKB) OKB on Binance, you will want to hover over the “Exchange” tab and then mouse click on “Basic”.

In order to locate OKB (OKB), you will need to put the short name of the asset (OKB) into the search box, which is highlighted in the picture. Be certain of having selected the proper pairing, we have highlighted this too. Click on “OKB/BTC” to advance.

Step 4 – Buying (OKB) OKB

Once you have found (OKB) OKB, you'll be presented with a Price Chart (in the Center of the image) and some Order Books (Leftside of the picture). Next we are making our Limit Order.

The “Price” field will be filled with the recent tariff OKB (OKB) was sold for. You can change this to your desired price. The “Amount” field is the amount of OKB you want to purchase. The “Total” field is the total price in BTC that you will pay for the complete volumen of OKB.

If you're happy, click on “Buy OKB”. Your plan will be filled when a Seller trades their OKB for the price you submitted.

Step 5 – Withdraw (OKB) OKB

Unless you are trading, never keep your crypto coins on an Crypto Trader for an extensive time frame. In order to withdraw your OKB (OKB), go to the tab called “Funds” and click on “Withdraw”. (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 amount of (OKB) OKB you would wish to withdraw. Take into account the demonstrated minimus/fees. Also make sure you have filled your correct withdraw address.

When you are glad, click on “Submit”. You could be asked for verfication via email/phone before a withdrawal.

Congratulations! You have successfully bought and stored OKB (OKB) in Cayman Islands.

That's it!

Take offs from Crypto Trader can take anywhere from 1 – 30 minutes (rely on usage of the network). Once you've proved your withdrawal with Ethplorer.io or Etherscan.io and the (OKB) OKB is stored in your wallet, you're finished.