How to buy and sell Origin Token (OGN) coins

To purchase or sell Origin Token (OGN), create a Coinbase account, add a payment option, select OGN under "Buy/Sell," input the desired amount, and complete the transaction.

Nov 29, 2024 at 10:55 am

How to Buy and Sell Origin Token (OGN) Coins

Origin Token (OGN) is a decentralized, ERC-20 token that powers the Origin Protocol, a peer-to-peer marketplace for buying and selling goods and services. OGN can be used to pay for transaction fees on the Origin Protocol, as well as to participate in the governance of the network.

Step 1: Create a Coinbase Account

The first step to buying or selling OGN is to create a Coinbase account. Coinbase is a popular cryptocurrency exchange that allows users to buy, sell, and store a variety of cryptocurrencies, including OGN.

To create a Coinbase account, visit the Coinbase website and click on the "Sign Up" button. You will need to provide your name, email address, and a password. Once you have created your account, you will need to verify your identity by providing a government-issued ID.

Step 2: Add a Payment Method

Once you have verified your Coinbase account, you will need to add a payment method. You can add a credit card, debit card, or bank account to your Coinbase account.

To add a payment method, click on the "Payment Methods" tab in your Coinbase account. Then, click on the "Add a Payment Method" button. You will be prompted to enter your payment information.

Step 3: Buy OGN

Once you have added a payment method to your Coinbase account, you can buy OGN. To buy OGN, click on the "Buy/Sell" tab in your Coinbase account. Then, select OGN from the list of cryptocurrencies. Enter the amount of OGN you want to buy, and then click on the "Buy OGN" button.

Coinbase will then process your order and add the OGN to your Coinbase wallet.

Step 4: Sell OGN

If you want to sell OGN, you can do so through Coinbase. To sell OGN, click on the "Buy/Sell" tab in your Coinbase account. Then, select OGN from the list of cryptocurrencies. Enter the amount of OGN you want to sell, and then click on the "Sell OGN" button.

Coinbase will then process your order and send the proceeds to your Coinbase wallet.

Step 5: Store Your OGN

Once you have bought OGN, you will need to store it in a safe place. You can store your OGN in a hardware wallet, a software wallet, or on a cryptocurrency exchange.

If you choose to store your OGN in a hardware wallet, you will need to purchase a hardware wallet from a reputable manufacturer. Hardware wallets are physical devices that store your cryptocurrency offline, making them more secure than software wallets or cryptocurrency exchanges.

If you choose to store your OGN in a software wallet, you will need to download a software wallet from a reputable provider. Software wallets are digital wallets that store your cryptocurrency on your computer or mobile device. Software wallets are less secure than hardware wallets, but they are more convenient to use.

If you choose to store your OGN on a cryptocurrency exchange, you will need to select a reputable cryptocurrency exchange. Cryptocurrency exchanges are online platforms that allow users to buy, sell, and store cryptocurrencies. Cryptocurrency exchanges are less secure than hardware wallets or software wallets, but they are more convenient to use.