How to Buy Openbit (OPN)

A Step-by-Step-Guide on how to buy Openbit (OPN)

Step 1 – Signup to eToro

You will first need to purchase one of the bigger currencies. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Click below to register and getting yEthereum (ETH) or Bitcoin (BTC).

Binance Signup
Step 2 – Transfer Your Ethereum or Bitcoin to an Crypto Trader

Your Bitcoin or Ethereum has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. Openbit (OPN) is obtainable on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Crypto Exchange? (Just follow this how-to)

Make sure you have chosen the correct coin you would like to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so forth. If you're using a decentralized exchange, such as Airswap or DDEX could be different (Just follow these easy steps).

Step 3 – Find (OPN) Openbit

Once your deposit has been affirmed, you'll instantly have access to your finances and you can start buying and trading. To buy Openbit (OPN) on Binance, you will want to go to the “Exchange” tab and click on “Basic”.

To find Openbit (OPN), you will need to insert the shortname of the coin (OPN) into the search box, which is highlighted in the graphic. Make sure you have selected the proper pairing, we have highlighted this also. Click on “OPN/BTC” to advance.

Binance How To Buy 1 Openbit (OPN)
Step 4 – Buy Openbit (OPN)

After you have spotted Openbit (OPN), you will be given a Price Chart (in the Center of the picture) and some Order Books (on the Left of the image). For now we're going to create our own Limit Order.

The field with the “Price” tag will be automatically filled with the up-to-date rate Openbit (OPN) was traded for. You can change this to your favoured price. The field with the “Amount” tag is the volumen of OPN you want to purchase. The field with the “Total” tag is the whole price in Bitcoin that you will pay for the whole quantity of OPN.

When you are happy, click on “Buy OPN”. Your plan will be filled when a Vendor trades their OPN for the price you introduced.

Step 5 – Withdraw Openbit (OPN)

Unless you are frequently trading, best advise is not to keep crypto coins on an Crypto Exchange for an extensive period of time. In order to withdraw your (OPN) Openbit, hover over the tab called “Funds” and mouse click on “Withdraw”. (OPN) Openbit can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Openbit (OPN) by using the provided drop-down box. Drop in the amount of Openbit (OPN) you would wish to take off. Don't forget the demonstrated minimus/fees. Also make sure you have entered your correct withdraw address.

If you're satisfied, click “Submit”. You could be requested for verfication via phone/email before a withdrawal.

Congrats! You have successfully purchased and safed (OPN) Openbit.

That's it!

Withdrawals from Crypto Trader can durate between 1 – 30 minutes (depending on usage of the network). As soon as you've proved your withdrawal using Etherscan.io or Ethplorer.io and the Openbit (OPN) is safe in your wallet, you are done.