Buy Ocean Protocol: A Comprehensive Guide on How to Buy OCEAN- Best Exchanges & Brokers

Ocean Protocol, a decentralized data exchange network, has gained significant attention since its launch. Its innovative framework enables secure data sharing while maintaining privacy, making it a popular choice among investors. We’ll show you simple, fast, and secure ways to buy and store Ocean Protocol (OCEAN). To keep things short, we think that Coinbase is the best option to buy OCEAN. Why Coinbase?

The following table explains why Coinbase is the best choice for buying Ocean Protocol.

Buy OCEAN on Coinbase

Coinbase is a regulated crypto exchange with licenses across multiple jurisdictions. This means Coinbase meets strict security standards and is supervised by financial authorities. Even BlackRock, the world’s largest asset manager, entrusts Coinbase with the custody of Bitcoin for its Bitcoin ETFs. This underscores the extremely high level of security Coinbase provides.

While you have the flexibility to use external wallets, Coinbase provides a highly secure environment for storing your OCEAN tokens. Unlike some platforms that impose delays on withdrawals, Coinbase processes them immediately, giving you quick access to your funds.

Cost-effectiveness is another advantage. Coinbase’s fees are competitive, with a trading fee of 0.15%, significantly lower than the industry average. For comparison, some other platforms charge up to 1.5% for similar transactions.

Coinbase prioritizes user security with features like two-factor authentication (2FA), adding an extra layer of protection to your account. They also offer customer support, typically responding within 24 hours. (We can personally vouch for their support team’s efficiency and helpfulness.)

The platform is designed with user-friendliness in mind. Its intuitive interface caters to both beginners and experienced traders. With dedicated apps for Android and iOS, you can manage your OCEAN holdings and execute trades conveniently from anywhere.

How to Buy Ocean Protocol (OCEAN) on Coinbase

Step 1: Sign Up for Coinbase

Before you can start buying OCEAN, you need to create an account on Coinbase. Visit Coinbase.com and click “Get Started.” Enter your name, email, and a password, then click “Create Account.”

Step 2: Verify Your Identity

Coinbase requires you to verify your identity to comply with regulations. Upload a government-issued ID and provide personal details like your address and date of birth. This process typically takes a few minutes.

Step 3: Add a Payment Method

To buy OCEAN, you need to link a payment method. Coinbase supports:

• Bank Account: Lower fees and higher transaction limits.
• Credit or Debit Card: Faster purchases, though fees may be higher.
• PayPal: Available for deposits and withdrawals in certain regions.

Step 4: Buy Ocean Protocol (OCEAN)

Once your account is set up and your payment method is linked, you’re ready to buy OCEAN!

1. On the Coinbase dashboard, go to the “Buy/Sell” section.
2. Select Ocean Protocol (OCEAN) from the available cryptocurrencies.
3. Enter the amount of OCEAN you wish to purchase, either in your local currency (e.g., USD, EUR) or in OCEAN tokens.
4. Choose your payment method (bank account, credit card, or PayPal).
5. Review the transaction details, including any fees, and click “Buy Now” to complete the purchase.

Step 5: Store Your OCEAN Tokens Securely

After purchasing OCEAN, it will be stored in your Coinbase wallet. For added security, consider transferring your tokens to a personal wallet, such as a hardware wallet from Ledger or Trezor.

Benefits of Buying Ocean Protocol (OCEAN) on Coinbase:

• User-Friendly Interface: Coinbase is known for its intuitive design, making it easy for beginners.
• High Security: Coinbase employs industry-leading security measures, including two-factor authentication (2FA) and insured funds.
• Multiple Payment Options: Coinbase supports various payment methods, including bank transfers, credit cards, and PayPal.

Buy OCEAN on Binance

Ocean Protocol, a decentralized data exchange network, has gained popularity due to its ability to enable secure data sharing while maintaining privacy. In this guide, we’ll show you how to buy Ocean Protocol (OCEAN) safely and quickly on Binance, one of the world’s largest and most trusted cryptocurrency exchanges.

Step 1: Register on Binance

Before buying OCEAN, you need to create an account on Binance. The registration process is quick and secure.

Unlike some other exchanges, Binance offers an optional identity verification process. Completing verification will allow you to increase your daily withdrawal limit to 100 BTC. Without verification, the daily limit is 2 BTC, and you can still access most features.

Step 2: Buy OCEAN with a Credit Card

To buy Ocean Protocol (OCEAN) via credit card on Binance, follow these steps:

1. Go to the “Buy Crypto” Section: In the top menu, click on “Buy Crypto” and select “Credit/Debit Card.”
2. Select Your Payment Currency: Choose Ocean Protocol (OCEAN) as your cryptocurrency and select your payment currency (EUR, USD, etc.).
3. Enter Your Personal Information: Provide your details as required.
4. Verify Your Email and Phone Number: You will need to confirm your email and phone number by entering a verification code.
5. Proceed to Payment: After verification, enter your credit card details to complete the purchase.
6. Upload ID for Verification (if required): Some users may be asked to upload identity documents for security reasons.

Important Notes Before and After Your Purchase

• OCEAN Price Fluctuation: The displayed price of OCEAN is based on real-time market rates and may change slightly before purchase completion.
• Transaction Fees: Binance applies a small transaction fee for credit card purchases, which is displayed before confirming the purchase.
• Transaction Limits: The daily and monthly purchase limits depend on your account verification level.
• Track Payment Status: Once your transaction is completed, you can track your deposit history in your Binance account.

Step 3: Trade Other Cryptocurrencies for OCEAN

If you already own other cryptocurrencies such as Ethereum (ETH), Binance Coin (BNB), or Tether (USDT), you can deposit them into your Binance account and trade them for OCEAN.

1. Deposit Your Cryptocurrency: If you have crypto on another exchange or wallet, transfer it to your Binance account. To do this, go to “Wallet” → “Fiat and Spot” → “Deposit” and select your cryptocurrency.
2. Find Your Deposit Address: Copy your unique deposit address and use it to transfer funds from your external wallet or exchange.
3. Exchange Crypto for OCEAN: Once your funds arrive in your Binance account, go to “Markets,” search for “OCEAN,” and select the trading pair (e.g., OCEAN/USDT). Place a market or limit order to buy OCEAN.

Step 4: Securely Store Your OCEAN Tokens

Once you purchase OCEAN, you can either keep it in your Binance wallet or transfer it to a personal wallet for added security. Popular wallet options include:

• Trust Wallet: A secure mobile wallet integrated with Binance.
• Ledger or Trezor: Hardware wallets for maximum security.
• MetaMask: A browser extension wallet that supports ERC-20 tokens like OCEAN.

Benefits of Buying Ocean Protocol (OCEAN) on Binance:

• User-Friendly Interface: Binance is designed for both beginners and experienced traders.
• High Security: Binance employs advanced security measures, including two-factor authentication (2FA) and cold storage for funds.
• Multiple Payment Options: Binance supports credit/debit cards, bank transfers, and crypto deposits.
• Low Trading Fees: Binance offers some of the lowest trading fees in the industry, making it a cost-effective option.

Buy OCEAN on Kraken

Kraken is a regulated crypto custodian with licenses across various jurisdictions globally. The exchange adheres to stringent security standards and is overseen by financial authorities, ensuring the safety of your assets. The platform is trusted by institutional investors, including major financial entities, for cryptocurrency custody, demonstrating its high level of security.

Ocean Protocol, a decentralized data exchange network, is gaining popularity for its ability to enable secure data sharing while maintaining privacy. If you’re looking to invest in OCEAN, Kraken is one of the most secure and trusted platforms to buy and store Ocean Protocol tokens.

While Kraken allows you to use external wallets, it also provides a highly secure environment for storing your OCEAN tokens. Unlike some exchanges, Kraken processes withdrawals swiftly, giving you quick access to your funds whenever you need them.

When it comes to cost-effectiveness, Kraken’s fees are highly competitive. The platform uses a tiered fee structure, with trading fees as low as 0.16% for makers and 0.26% for takers, which is notably lower than many competitors in the market.

Security is a top priority at Kraken, with features like two-factor authentication (2FA) and advanced encryption to protect your account. Additionally, Kraken provides fast and responsive customer support, ensuring you get assistance whenever needed.

Kraken is designed to be user-friendly, making it suitable for both beginners and experienced traders. With a clean interface and mobile apps for Android and iOS, you can manage your Ocean Protocol portfolio and execute trades easily from anywhere.

How to Buy Ocean Protocol (OCEAN) on Kraken

Step 1: Sign Up for Kraken

To start buying OCEAN, you need to create an account on Kraken. Visit Kraken.com and click on “Create Account.” Enter your name, email, and create a secure password, then click “Create Account.”

Step 2: Verify Your Identity

Kraken requires identity verification to comply with financial regulations. You will need to upload a government-issued ID and provide personal details such as your address and date of birth. This verification process is necessary for security purposes and typically takes only a few minutes.

Step 3: Add a Payment Method

To buy Ocean Protocol (OCEAN), you must link a payment method. Kraken supports multiple options, including:

• Bank Account: Ideal for lower fees and higher transaction limits.
• Credit or Debit Card: Offers fast transactions but may have slightly higher fees.
• Wire Transfers: Best for large purchases, available in select countries.

Step 4: Buy Ocean Protocol (OCEAN)

Once your account is set up and your payment method is linked, you’re ready to buy OCEAN!

• On the Kraken dashboard, go to the “Buy Crypto” section.
• Select Ocean Protocol (OCEAN) from the list of available cryptocurrencies.
• Enter the amount of OCEAN tokens you wish to purchase, either in your local currency (e.g., USD, EUR) or in OCEAN.
• Choose your preferred payment method (bank account, debit card, wire transfer).
• Review the transaction details, including any fees, and click “Buy Now” to complete the purchase.

Step 5: Store Your OCEAN Tokens Securely

After purchasing Ocean Protocol (OCEAN), your tokens will be stored in your Kraken wallet. However, for enhanced security, it’s recommended to transfer your OCEAN tokens to a personal wallet, such as:

• Trust Wallet: A secure mobile wallet that supports OCEAN tokens.
• Ledger or Trezor: Hardware wallets offering maximum security.
• MetaMask: A browser extension wallet compatible with ERC-20 tokens like OCEAN.

Benefits of Buying Ocean Protocol (OCEAN) on Kraken:

• User-Friendly Interface: Kraken is known for its clean and easy-to-navigate design, making it simple for beginners.
• High Security: Kraken employs industry-leading security measures such as two-factor authentication (2FA) and insurance for funds held in its vault.
• Competitive Fees: Kraken offers low, transparent trading fees, making it a cost-effective option for both small and large transactions.
• Multiple Payment Methods: Kraken supports bank transfers, credit cards, and wire transfers to cater to different user needs.

Buy OCEAN on Kriptomat

About Kriptomat

In contrast to the established broker eToro, Kriptomat is a relatively young crypto exchange, but no less trustworthy. On Kriptomat, you can buy over 30 cryptocurrencies, including Ocean Protocol (OCEAN), directly using Euro, USD, and other fiat currencies. You can also send them directly to an external wallet for safekeeping. However, it is important to note that trading on Kriptomat is currently restricted to Europe, meaning investors from countries like the USA cannot use the platform.

Kriptomat prioritizes a user-friendly and modern interface that allows anyone to buy and trade cryptocurrencies with ease. For this reason, we highly recommend Kriptomat, especially for beginners. In terms of security and legitimacy, Kriptomat holds two licenses from the Estonian government, making it a reliable and regulated platform.

Another significant advantage of Kriptomat is its transparent low fees. Unlike other exchanges and brokers, Kriptomat does not apply a price premium to your purchase. The price you pay matches the spot price of Ocean Protocol. Kriptomat only charges a nominal fee per transaction, which is always displayed transparently during the order confirmation process.

Set up an Ocean Protocol (OCEAN) account on Kriptomat

Before you can buy Ocean Protocol on Kriptomat, you need to create an account. Kriptomat strictly adheres to EU regulations, requiring full identity verification before you can trade.

To begin, visit the official website kriptomat.io and click on the orange “Register” button. A pop-up window will appear, prompting you to enter your first and last name, email address, and a secure password for your account.

After registering, Kriptomat will send you a verification email with a confirmation link. Click on the link to verify your account. Once this is done, you can log in using your credentials. However, you will still need to complete additional verification steps before purchasing OCEAN.

Next, you must verify your phone number by entering the verification code sent via SMS. Additionally, due to strict EU regulations, you must provide full identity verification. To start this process, click on the prompt displayed in your account dashboard.

A pop-up will appear, requiring you to enter your address details (street, house number, city, country). You will also need to upload a photo or scan of your passport or national ID card. Kriptomat provides a seamless and efficient solution for this step—you can continue the verification process on your smartphone.

Simply click on the link sent to your phone via SMS, and you will be able to take and upload a picture of your ID (both front and back) directly from your device. The final step requires you to submit a selfie for identity verification. Allow Kriptomat to access your camera and take a live selfie for authentication.

If you plan to buy OCEAN using a SEPA bank transfer, you must add a bank account to your Kriptomat profile. Once linked, you can deposit money via SEPA and use your balance to purchase Ocean Protocol. If you opt for Neteller, Skrill, or a credit card, no additional steps are required. Once your registration is complete, your account will have no additional verification levels, as Kriptomat ensures full compliance from the beginning.

Buy Ocean Protocol (OCEAN) on Kriptomat

Buying Ocean Protocol on Kriptomat is simple and intuitive. Follow these steps:

1. Navigate to the “Buy/Sell” section (Step 1), then click on the “Buy” tab (Step 2).
2. In the available cryptocurrency list, select Ocean Protocol (OCEAN).
3. Choose your preferred payment method:

• SEPA Bank Transfer: Requires linking a bank account for deposits.
• Credit or Debit Card: Allows instant purchases without additional verification.
• Neteller or Skrill: Digital wallet options for instant transactions.

Once you’ve selected your payment method, enter the amount of OCEAN tokens you wish to purchase (Step 4). Before completing the transaction, Kriptomat will display a summary of the purchase, including the transaction fees. Click “Buy Ocean Protocol” to proceed.

After reviewing the final order details, click “Confirm Transaction” to complete the purchase.

Once the purchase is confirmed, Kriptomat will redirect you to your “My Wallet” section. Within seconds, your OCEAN tokens will appear in your account balance. You can now store them on Kriptomat or transfer them to an external wallet for added security.

Benefits of Buying Ocean Protocol (OCEAN) on Kriptomat

• Beginner-Friendly Interface: Kriptomat’s intuitive design makes it ideal for first-time buyers.
• Regulated & Secure: The platform is licensed by the Estonian government, ensuring compliance with European regulations.
• No Hidden Fees: Kriptomat offers transparent pricing with no hidden premiums on the purchase price.
• Multiple Payment Methods: SEPA transfers, credit cards, Neteller, and Skrill are supported for flexibility.

Buy OCEAN at Anycoin

Anycoin is a popular cryptocurrency exchange platform that offers a simple and secure way to buy and sell Ocean Protocol (OCEAN) and other cryptocurrencies. It caters to both beginners and experienced traders, providing an intuitive interface and various features to make crypto trading easier and more secure.

Key Features of Anycoin:

1. User-Friendly Interface: Anycoin offers a straightforward and clean platform, making it easy for new users to start trading and for experienced traders to access advanced features.
2. Wide Selection of Cryptocurrencies: Anycoin supports a range of cryptocurrencies, including Ocean Protocol (OCEAN), Bitcoin (BTC), Ethereum (ETH), and more, allowing you to diversify your portfolio easily.
3. High Security Standards: Security is a priority for Anycoin, with features like two-factor authentication (2FA) and SSL encryption to protect user accounts and transactions, ensuring that your OCEAN tokens are safe.
4. Low Fees: Anycoin aims to provide competitive fees for trading and transactions, making it an attractive option for minimizing costs when purchasing digital assets.
5. Multiple Payment Methods: Users can purchase Ocean Protocol (OCEAN) using various payment methods, including bank transfers, credit cards, and sometimes PayPal, depending on their location.
6. Fast Transactions: Anycoin processes transactions quickly, allowing users to purchase OCEAN tokens without long delays. This quick access to funds is a major benefit for traders looking to act fast in the market.
7. Support for Wallets: While Anycoin provides its own wallet for storing crypto assets, it is recommended to use a personal wallet for added security. This can include hardware wallets or other secure storage solutions.
8. Dedicated Customer Support: Anycoin offers customer support to assist with any issues or inquiries that might arise during your experience on the platform.
9. Mobile Apps: Anycoin has apps available for both Android and iOS devices, allowing users to manage their portfolios and execute trades conveniently on the go.

How to Buy Ocean Protocol (OCEAN) on Anycoin:

1. Create an Account: Start by visiting the Anycoin website and clicking on “Sign Up.” Enter your name, email address, and create a password. You will receive a verification email to confirm your account.
2. Verify Your Identity: Anycoin requires you to complete a verification process to comply with regulatory requirements. This may involve submitting a government-issued ID and personal information.
3. Link a Payment Method: To buy OCEAN, link a payment method to your account. Anycoin supports various payment options such as bank transfers, credit cards, and PayPal.
4. Make Your Purchase: Once your account is verified and your payment method is linked, go to the “Buy” section, select Ocean Protocol (OCEAN), and enter the amount you wish to purchase. Review the transaction details and fees, then complete your purchase.
5. Store Your OCEAN Securely: After buying OCEAN, it will be stored in your Anycoin wallet. However, for extra security, it is recommended to transfer your tokens to a personal wallet, such as a hardware wallet (e.g., Ledger or Trezor) or a software wallet like MetaMask.

Benefits of Using Anycoin for Ocean Protocol (OCEAN) Purchases:

• Simple and Easy to Use: With its user-friendly interface, Anycoin makes cryptocurrency trading accessible to everyone, including beginners.
• Secure Platform: Advanced security measures, including 2FA and SSL encryption, help ensure your funds are protected.
• Variety of Cryptocurrencies: You can easily buy Ocean Protocol (OCEAN) and other major cryptocurrencies on Anycoin.
• Competitive Fees: Anycoin offers low transaction fees, making it a cost-effective platform for crypto trading.
• Quick Transactions: The platform processes transactions quickly, providing fast access to your purchased assets.

Buy OCEAN at ByBit

Bybit is a popular cryptocurrency exchange platform that specializes in trading digital assets such as Ocean Protocol (OCEAN), Bitcoin (BTC), Ethereum (ETH), and other cryptocurrencies. Known for its advanced features and high liquidity, Bybit is primarily used by more experienced traders, especially those interested in spot trading, margin trading, and derivatives.

Key Features of Bybit:

1. Advanced Trading Tools: Bybit provides professional trading tools, including spot trading, margin trading, and derivatives trading (futures contracts). The platform also offers advanced charting features and technical analysis tools to help traders make informed decisions.
2. High Liquidity: Bybit is known for its deep liquidity, ensuring that traders can execute large trades without significant slippage. This makes it a reliable platform for both short-term and long-term trading.
3. Leverage Trading: One of Bybit’s standout features is leverage trading, allowing users to amplify their positions. While this increases profit potential, it also comes with higher risks, so leverage should be used carefully.
4. User-Friendly Interface: Despite offering advanced trading options, Bybit maintains a clean and intuitive user interface, making it accessible for both beginner and experienced traders.
5. Security Features: Bybit prioritizes security with features such as two-factor authentication (2FA), cold storage for crypto assets, and an insurance fund to cover any potential losses during extreme market conditions.
6. Mobile App: Bybit offers mobile apps for both Android and iOS, enabling users to trade and manage their crypto assets on the go with full access to all platform features.
7. Fast Transactions: Bybit provides one of the fastest order execution speeds in the industry, ensuring that trades are completed efficiently in volatile markets.
8. Referral Program: Users can earn rewards by inviting others to trade on Bybit through its referral program.
9. 24/7 Customer Support: Bybit offers round-the-clock support through live chat, email, and other communication channels to assist users with any issues.

How to Buy Ocean Protocol (OCEAN) on Bybit:

1. Create an Account: Visit the Bybit website and click “Sign Up.” Enter your email address and create a secure password. You will receive a verification email to activate your account.
2. Verify Your Identity: Bybit may require you to complete a KYC (Know Your Customer) verification process. This typically involves uploading a government-issued ID and some personal details.
3. Deposit Funds: Before purchasing OCEAN, you need to fund your Bybit account. Bybit supports deposits in several cryptocurrencies, including USDT (Tether), BTC, and ETH. You can deposit these digital assets directly into your Bybit wallet.
4. Buy Ocean Protocol (OCEAN): Once your account is funded, follow these steps:
   • Go to the “Spot” trading section.
   • Select Ocean Protocol (OCEAN) as the cryptocurrency you wish to buy.
   • Choose your preferred trading pair (e.g., OCEAN/USDT).
   • Enter the amount you want to buy and review the transaction details.
   • Click “Confirm” to finalize the purchase.
5. Store Your Ocean Protocol (OCEAN) Securely: After purchasing OCEAN, you can keep it in your Bybit wallet. However, for added security, consider transferring it to a personal wallet, such as:
   • Ledger or Trezor: Hardware wallets for long-term storage.
   • MetaMask: A software wallet compatible with OCEAN.
   • Trust Wallet: A mobile wallet for easy access to your funds.

Benefits of Using Bybit for Ocean Protocol (OCEAN) Purchases:

• Advanced Trading Options: Bybit is ideal for traders looking for spot trading, margin trading, and derivatives.
• High Liquidity & Fast Execution: Bybit ensures quick order fulfillment and minimal slippage.
• Secure Platform: Strong security measures, including 2FA and cold storage, help protect user assets.
• Mobile Trading: The Bybit mobile app allows users to trade and manage their portfolios from anywhere.
• Competitive Fees: Bybit offers low trading fees, making it a cost-effective choice for traders.
• 24/7 Support: Bybit provides round-the-clock assistance to resolve any issues quickly.

Best OCEAN wallet: Atomic

When using a desktop wallet for Ocean Protocol (OCEAN), we highly recommend using the Atomic Wallet. This multi-asset wallet provides a secure and user-friendly way to store, send, and receive OCEAN tokens. Below, we will walk you through the process of downloading, setting up, and using the Atomic Wallet.

First, visit the official Atomic Wallet website (click here!). You will land on a page where you can download the wallet. Scroll down and click on the “Download” button.

Now, choose the appropriate wallet version for your operating system. If you are using Windows, click on “Windows Installer.” If you prefer using a mobile device, download the app for Android or iOS accordingly.

Once the file is downloaded, click on the setup file and select a directory where the wallet should be installed. Click “Install.” The installation should take no longer than 2 minutes. Once complete, click “Close.”

Setting Up Your Atomic Wallet

Now that Atomic Wallet is installed, open the wallet by double-clicking the Atomic Wallet icon on your desktop.

When launching Atomic Wallet for the first time, you will be asked to create a new wallet or restore an existing one. Click on “Create New Wallet” to generate a new wallet.

Next, Atomic Wallet will generate a 12-word recovery seed. This seed is your key to recovering your OCEAN tokens if you ever lose access to your wallet. It is extremely important to write this down on paper and store it in a safe place. Do not store it digitally to prevent hacking risks.

After noting down your seed phrase, the wallet will ask you to enter it again for confirmation. This ensures that you have stored it correctly.

Next, set a strong password for additional security. The password should be a combination of letters, numbers, and special characters. You will need this password every time you open the wallet.

Receiving OCEAN Tokens

Once your Atomic Wallet is set up, you will be taken to the wallet interface. To receive Ocean Protocol (OCEAN), navigate to the “Receive” section.

Copy the generated OCEAN Receiving Address and use it to receive OCEAN tokens from an exchange like Binance, Kraken, or Anycoin. Simply enter this address on the exchange as the “Receiving Address” when withdrawing OCEAN tokens.

Sending OCEAN Tokens

To send Ocean Protocol (OCEAN) to another wallet, go to the “Send” section, enter the recipient’s wallet address, specify the amount, and confirm the transaction.

Benefits of Using Atomic Wallet for OCEAN:

• User-Friendly Interface: Ideal for both beginners and experienced crypto users.
• Multi-Asset Support: Store not only OCEAN but also Bitcoin, Ethereum, and 300+ other cryptocurrencies.
• High Security: Private keys are stored locally on your device, ensuring full control over your funds.
• Non-Custodial Wallet: No third parties have access to your funds.
• Mobile & Desktop Support: Available on Windows, macOS, Linux, iOS, and Android.

If you have any questions, feel free to reach out to us in the comments below. We’re happy to help!