How to Buy Octans (OCTA) [For Beginners] – HedgeWorld

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If you have any interest to buy Octans ( OCTA ), you will be required to have either Bitcoin abbreviated as ( BTC ) or Ethereum ( ETH ) for trade purposes. I have reviewed the major cryptocurrency exchange Binance in this post to help you determine the best sites to buy cryptocurrency using a credit card or bank account. Take a read and get tips on the best cryptocurrency trade .

Step 1: How to create a Binance account:

1.1 Visit Binance’s Website (https://www.binance.com/en)

binance homepage
Sign Up Binance now There have been several phishing cases reported over the past years that are imitations to the original web site, it is essential to scrutinize the URL to the web site keenly. First, be on the lookout for the ‘ Secure ’ certificate that should pop up in your address bar and that acts as a confirmation of the web site ’ randomness authenticity. Second, to be extra safe while trading on the platform, ensure to bookmark the authentic web site to evade any confusion in future searches .

1.2 Fill in your trading details

You have to fill in your details by going to the ‘ ’ Register ” tab found in the right corner of the web site ’ south page and fill in your trade details. For example, you will need to fill in your mobile number or you choose to use your electronic mail cover. For the electronic mail cover, it is necessity to use your main electronic mail that you can access easily and the most dependable one since you will need it to sign in to your Binance account always.
You besides need to choose a potent password for your e-mail ; a strong password should comprise a mix of numbers, symbols, upper and lower-case letters. You will receive a 6-digit code via the electronic mail you provided as your account ’ south verification code and for completing the registration process .

1.3 Allow 2FA-Two-factor authentication (Optional)

To make your report more secure you need to allow practice of a two-factor authentication after your first log in. Trust me ; it is critical to set up the 2FA because it makes your report more fasten from any hacking bodily process !
Every time you log in with the two-factor authentication, you will need to provide a unique code once your type in your electronic mail and password. To get your unique code, use the Google appraiser app downloaded into your smartphone .

Step 2: Buying your first Bitcoin (BTC)

buy bitcoin with credit card
To send money to your Crypto wallet account on Binance either directly via your bank report through SWIFT money transfer or you can opt to use your debit/credit menu. For this separate, I will guide you on how to use your citation tease.
Binance previously didn ’ t allow the use of recognition or debit cards on its platform, but the like has been introduced. Binance partnered with Simplex to allow its users to use their credit and debit cards to buy Bitcoin or Ethereum. This has led to faster Crypto transaction speeds, abject transaction charges, and more transaction flexibility.
I highly recommend buying Bitcoin first and then trade it for the right amount of Octans ( OCTA ).
It is easy to purchase Bitcoins via your credit tease but I will elaborate on best ways you can do it step-by-step to make surely you understand all the trading kernel .

  1. Move your mouse’s cursor to ‘Buy Crypto’ tab found on the top bar and activate the dropdown menu. Then choose the currency, For instance, US Dollars, and click the ‘Credit/Debit Card’ to lead you to the next step.
  2. You be led to the next page; in this page you will see options to choose the desired Bitcoin (Select BTC), and the amount you need to spend to buy your choice Bitcoin amount. The total amount you need to spend will be displayed according to the Bitcoin amount you request and the matching market price at that time (inclusive of all fees). However, you can choose to first set the total charge then the system will automatically calculate the order amount for you.
  3. Next, click “Buy BTC. A window that contains all the details of your order will pop up. However, before you confirm your order you need to read the disclaimer and Terms of Use. Once satisfied, confirm your order by ticking the tab and head to “Go to payment’’; click.
  4. Fill in your credit card details and personal information too. Once done, you need to click “Pay now” and give it a moment to verify your details.
  5. You will be required to verify your email and phone number if it happens to be your first simplex payment via a code send through your email or an SMS. Complete the verification process by opening the link in your email and type in the code you receive via SMS. Once you do all the above, you can click “Continue”.
  6. Verification of identity follows next via the use of an official document. Basically upload your identification document photo accompanied by your personal details and click the “Upload Document” tab.

last, your personal document will be approved once verified by the system and an e-mail mail to show the confirmation of order purchase. Subsequently, your Binance account is credited with the buy BTC or Ethereum .

Step 3: Create a Metamask Account

assailable hypertext transfer protocol : //metamask.io web site or search for “ Metamask propagation ” in your favorite browser ( you can install Metamask for Chrome, Firefox and Opera browsers ).
install metamask for your browser
We will show you how to install MetaMask extension for Chrome.
Click Add to Chrome to install MetaMask as Google Chrome extension.
add metamask to chrome
Click Add Extension.
You have successfully installed MetaMask extension. That was easy, isn’t it? Now, it is time to add your existing cryptocurrency wallet.
If you don’t have a wallet yet, you can create one straight away.
When the extension is installed, click on the icon in the upper right corner to open the MetaMask, read and accept the terms.
new to metamask
Create a strong password and click Create.
You will see a 12 words seed phrase. Save seed words as a file or copy them to a safe place and click “I’ve copied it somewhere safe”.
Congratulations! You have successfully created an account in MetaMask with a new wallet address!
Now you can view your address on Etherscan (Ethereum blockchain explorer), check the QR code, copy your wallet’s address to clipboard or export your wallet’s private key.

Step 4: Connecting MetaMask to Binance Smart Chain

We will show you how to install MetaMask extension for Chrome.Click Add to Chrome to install MetaMask as Google Chrome extension.Click Add Extension.You have successfully installed MetaMask extension. That was easy, international relations and security network ’ deoxythymidine monophosphate it ? now, it is time to add your existing cryptocurrency wallet.If you don ’ t have a wallet yet, you can create one straight away.When the extension is installed, chatter on the icon in the amphetamine good corner to open the MetaMask, understand and accept the terms.Create a hard password and chatter Create.You will see a 12 words seeded player give voice. Save source words as a file or copy them to a condom plaza and pawl “ I ’ ve copied it somewhere condom ” .Congratulations ! You have successfully created an score in MetaMask with a new wallet address ! now you can view your address on Etherscan ( Ethereum blockchain explorer ), check the QR code, copy your wallet ’ sulfur address to clipboard or export your wallet ’ sulfur private key. We want to access the Settings to point the wallet towards Binance Smart Chain nodes.
On the Settings page, we want to locate the Networks menu.
We want to click Add Network in the top-right corner to manually add the Binance Smart Chain one – it doesn ’ t come packaged with MetaMask. It ’ mho important to note that there are two networks we can use here : the testnet or the mainnet. Below are the parameters to fill in for each.
Mainnet ( This is the one you are credibly looking for )
Network mention : Smart Chain
New RPC URL : hypertext transfer protocol : //bsc-dataseed.binance.org/
ChainID : 56
symbol : BNB
Block Explorer URL : hypertext transfer protocol : //bscscan.com
once you Save the Network and return to the main watch, you ’ ll notice one things : the network has mechanically been set to the one you barely entered .

Step 5: Deposit BNB to your MetaMask wallet

Hover over the account appoint at the exceed of the windowpane, which will display “ Copy to clipboard ”
Click on the account name to copy your address
Paste your address in the “ recipient role ” field in the application where you are sending your BNB or tokens from.
Select the amount you want to send, along with any other necessity steps to complete and submit the transaction and make certain to select transfer network “ Binance Smart Chain ( BSC ) BEP20 ( BSC ) ”.
note : Please confer with the constitution of the application you are using for information on how to transfer your BNB/tokens .

Step:6 How to Make Your First Trade on Pancakeswap

first head over to the Pancakeswap exchange platform.
On the top right, click the ‘ Connect to a wallet ’ button, and logarithm in with the wallet you wish to trade with.
connect pancakeswap

We’ll log in with a MetaMask wallet.
Once logged in, the trading interface will appear.
In the top field, select the token you wish to exchange for the token you want. We’ll select BNB. In the bottom field, search for the token you wish to purchase, or select it from the drop-down menu, in this case (OCTA).
Now you’re ready to set up your order. You can either choose how much you want to spend by entering a number in the top field, or choose how much to buy by entering a number in the bottom one.
At the bottom of the order menu, you’ll then see how much you can expect to receive.
If you’re happy with these figures, click the ‘Swap’ button.
Your wallet click will then prompt you to confirm the trade, and potentially adjust the fees to a number that works best for you.
When you’re ready, confirm the transaction and it will then be processed. Once it’s done, your tokens will appear in your ERC20 wallet.

Other Exchanges to Buy Cryptos

We ’ ll log in with a MetaMask wallet.Once logged in, the trading interface will appear.In the top field, select the token you wish to exchange for the token you want. We ’ ll blue-ribbon BNB. In the bottom field, search for the nominal you wish to purchase, or select it from the drop-down menu, in this subject ( OCTA ) .Now you ’ re ready to set up your order. You can either choose how much you want to spend by entering a number in the top field, or choose how much to buy by entering a count in the bottom one.At the bottom of the order menu, you ’ ll then see how a lot you can expect to receive.If you ’ re happy with these figures, click the ‘ Swap ’ button.Your wallet suction stop will then prompt you to confirm the trade, and potentially adjust the fees to a phone number that works best for you.When you ’ re ready, confirm the transaction and it will then be processed. Once it ’ second done, your tokens will appear in your ERC20 wallet. The stick to are early sites you can buy from these exchanges :
HotBit ( Which permits US investors )
MXC ( This substitute allows US investors )
Bilaxy
OKEx
Huobi Global
On crown of the above-listed exchanges, there are some more common crypto exchanges where daily trade volumes and a huge user base is available. This helps to ensure that you can sell your coins any clock you want and the charges for the trade are not high. It is recommended that you should besides register on these exchanges because whenever Octans gets listed there it give the traders who have already registered a big come of deal volumes, that means you will be provided with some great deal opportunities !

Final Step: How to Store Octans securely in hardware wallets

1. Ledger Nano S

Ledger Nano S Live Crypto Wallet

  • Easy to set up and has a friendly trading interface.
  • Allows use on desktops and laptops
  • Lightweight and Portable too
  • Has been designed to Support most blockchains and a wide range of (ERC-20) tokens
  • Has many trading languages.
  • Designed by a well-established company found in 2014 with great chip security
  • It is not expensive but can be acquired at affordable price

Buy Ledger Nano S now

2. Ledger Nano X

Ledger Nano x Live Crypto Wallet

  • It made with a more advanced and secure element chip (ST33) than Ledger Nano S
  • Has an easy design that allows the use on desktop or laptop, or even smartphone and tablet through Bluetooth connection.
  • Also Lightweight and Portable and has a built-in rechargeable battery
  • Has a Larger screen
  • Comes with more storage space compared toLedger Nano S
  • It supports most blockchains and wide range of (ERC-20) tokens
  • Provides several  languages for every customer
  • It was designed by a famous company found in 2014 with great chip security
  • Can be obtained at an affordable price

Buy Ledger Nano X now If you still have plans to stay at hodl ” as some people call it, basically misspelt “ hold ” ( which become celebrated as time passes ) your Octans for some retentive prison term, you need to find ways to ensure it stays safe safe,
however Binance is the most safe cryptocurrency exchange, in the past few years there have been hacking incidents and funds were lost. Because of the purpose of the wallets in exchanges, they will be accessible always via the internet ( “ Hot Wallets ” as they are called ), consequently exposing certain aspects of weaknesses.
therefore safe-conduct your cryptos by putting them in “ Cold Wallets ”, where the wallet will only have access to the blockchain ( or merely “ go on-line ” ) when you send out funds ,. This reduces the chances of being hacked. For model, use a wallpaper wallet which is a type of free cold wallet. It can besides be defined as an offline-produced pair of public and secret address and that you write on a newspaper for keeping safely with you. But, it is not permanent wave and may be faced by certain risk.
Thus, Hardware wallet is consequently the best compared to cold wallets. Since they are normally USB-enabled devices that can hold the keystone information of your wallet in the safest manner. besides they are designed using military-level security and their firmware ’ s are continuously upgraded by their manufacturers and this makes them supernumerary safe to use. For example, Ledger Nano S and Ledger Nano X and are most coarse hardware wallets, you can buy one at $ 50 to $ 100 depending on the specifications they have. I highly recommend these for holding your assets because these wallets are a worthy every penny according to my experience and opinion .

Frequently Asked Questions

Is it possible to buy Octans with cash?

The solution is No. Because there is no way you can directly buy Octans with cash. But, using marketplaces such as LocalBitcoins to beginning buy Bitcoin, and completethe rest of the steps by transferring your bitcoin to respective AltCoin exchanges .

How do I Buy Bitcoin from local sellers?

You can go to LocalBitcoins that is a peer-to-peer Bitcoin substitution. It is more of a marketplace where users can buy and sell Bitcoins to and from each early. Users, known as traders, make advertisements to show their price and the payment method acting they want used. then buyers buy from the traders to buy from sellers in a particular nearby region on the platform. LocalBitcoins is after all a good space to go to buy Bitcoins when it is impossible for you to find your favored requital methods somewhere else. The locate ’ randomness prices are high and you have you have to be extra careful to avoid conmen .

What are the quickest ways I can buy Octans while living in Europe?

While in Europe you have the advantage of buying cryptos in an easy and promptly direction. Because Europe has evening on-line banks which help buyers to plainly open an account and transfer money to exchanges such as Coinbase and Coinmama. such banks which are common as on-line banks in Europe are Bunq, N26 and Revolut .

Can I use alternative platforms to purchase Octans or Bitcoin with credit cards?

Yes you can, you just need to visit Changelly which an easy to trade in locate particularly when it comes to buying Bitcoin with credit cards. It provides an automatic cryptocurrency rally that gives a buyer the opportunity to exchange crypto flying and buy them using recognition poster. It has been designed to allow users to have easy crypto buy since it has a simple user interface and provides instructions that are easy to follow excessively .
$ OCTA aka OCTANS is a smart contract driven by the community.
Thinking of its holders, $ OCTA uses a reinforce protocol.
Holders are rewarded with more $ OCTA simply by holding
Transactions are locked to liquidity everlastingly resulting in less circulating $ OCTA
increasing the price and value of each .

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