Finder may earn compensation from partners, but editorial opinions are our own. Advertiser Disclosure

How to buy Ocean Protocol (OCEAN) in the US

A beginner's guide to buying and selling OCEAN in the US.

Ocean Protocol
OCEAN- USD
DEFI
$0.92
+ $0.01 ( + 1.14%)

How to buy Ocean Protocol

Look for an exchange that supports both fiat and cryptocurrency to simplify buying Ocean Protocol.

  1. Open an account on an exchange that supports OCEAN.
    Jump to our table to compare popular options — just remember that most exchanges require an email address, phone number and proof of ID to register.
  2. Deposit funds into your account.
    Fund your account with a bank transfer, pay with a credit or debit card or deposit cryptocurrency from a crypto wallet to buy Ocean Protocol.
  3. Buy Ocean Protocol.
    Complete your Ocean Protocol purchase and then find the best wallet to store OCEAN.
Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

What is Ocean Protocol?

Ocean Protocol is designed to allow anyone to devise their very own decentralized data marketplaces, where users can freely exchange their data with consumers, all while keeping an accurate tab of where their information is being transmitted (in real-time), who has previously gained access to the info and much more. Thanks to its unique operational setup, the Ocean Protocol is looking to make data more freely available for the masses, potentially preventing the creation of data monopolies – much like what Facebook, Twitter and Google have done in recent times. In this regard, the OCEAN token is used primarily as means of exchange within the ecosystem. For example, data providers are able to acquire the cryptocurrency every time their information is sold to someone or whenever third-party clients employ the information to run their AI algorithms.

Ocean Protocol (OCEAN) is the 192nd largest cryptocurrency in the world by market cap, valued at $393,417,432. The current price of Ocean Protocol is $0.901745, which is -0.012% lower than yesterday. Prices have ranged between $0.955147 and $0.898302 over the past 24 hours. All prices are listed in US dollars and accurate as of October 22, 2021 10:10 UTC.

Where to buy Ocean Protocol

Find an exchange to buy, sell and trade OCEAN by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the provider.

Name Product Deposit methods Fiat Currencies Cryptocurrencies
Gate.io Cryptocurrency Exchange
Cryptocurrency
USD, EUR, GBP, HKD, SGD, AUD, CHF, MXN

302
cryptocurrencies

Finder exclusive: New users get $90 worth of Gate.IO points and an airdrop of $5 in random tokens if trade volume exceeds $100 in their first week. T&Cs apply.
A feature-rich exchange with over 700 tokens including derivatives, yield farming and lending products.
loading

Compare up to 4 providers

Is it a good time to buy Ocean Protocol?

The technical analysis gauge for Ocean Protocol displays real-time ratings for the timeframes you select. This is not a recommendation to buy, sell or trade. It represents a technical analysis of Ocean Protocol based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators based on the performance of Ocean Protocol: moving averages, oscillators and pivots. Finder is not responsible for how OCEAN performs.


Ocean Protocol at a glance

Information last updated October 22, 2021 10:10 UTC.
Coin symbol OCEAN
Coin Marketcap US$393,417,432
Total OCEAN supply 613,099,141
Circulating OCEAN 434,026,837
Current price US$0.901745
All time high date August 11, 2019
Notable team members Bruce Pon, Trent McConaghy
Partnerships Daimler South East Asia, dexFreight, MOBI, Roche Diagnostics, Zühlke
Industry Decentralized data exchange
Token uses Utility token
Network Ethereum

Ocean Protocol price performance over time

Historical prices compared with the price of US$0.901745.

1 hour -0.88%
24 hours -0.01%
7 days -1.31%
14 days -1.27%
30 days 10.41%
60 days 10.08%
200 days 51.60%
1 year -6.55%

How to sell Ocean Protocol

You can cash out your OCEAN with the same exchange you bought it through:

  1. Sign in to the exchange you have OCEAN on.
    If you store your Ocean Protocol in a digital wallet, compare crypto exchanges to sell it on.
  2. Place a sell order.
    Choose the amount of OCEAN you'd like to sell.
  3. Complete your transaction.
    Confirm the sell price and fees and close your sale of Ocean Protocol.

What to consider when buying Ocean Protocol

Below are the aspects you should consider before investing in OCEAN:
  • Unique operational model: Though Ocean provides users with direct access to a wide array of data, the information being exchanged across the platform’s various marketplaces is not stored on the protocol itself. Instead, the original data owner retains complete control of their info and is basically free to share it with any third-party user once he/she has fulfilled certain conditions (i.e. made the required payment, etc.).
  • The Ocean Data Platform: This is one of the core components of the Ocean ecosystem. Using this platform, owners are able to facilitate a wide range of data access-related activities (i.e. who gets to view, use the information). Not only that, the platform also comes replete with a number of useful tools (smart contracts, SDKs) that individuals can make use of in order to set up their personal marketplaces.
  • Successful use cases: The Ocean Protocol has been used quite successfully in various mainstream settings in recent times. For example, back in 2019, sgCarMart integrated Ocean Protocol into its existing marketplace for buying and selling used cars. Thanks to this integration, buyers are now able to gain access to a wide range of accurate, verifiable data on their second-hand car purchases – for example, detailed reports on prior mechanical issues, historical ownership data, etc. Not only that, in 2020, Ocean concluded a proof-of-concept with German automotive giant Daimler, essentially showcasing a variety of different ways that the company could use its protocol to share its data as well as supply chain info in a highly secure manner.

Disclaimer: Cryptocurrencies, including Ocean Protocol, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of OCEAN is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the Ocean Protocol or any other cryptocurrency discussed.


More guides on Finder

  • How to stake Tron

    Find out how to stake your TRX tokens and how Tron’s delegated proof-of-stake consensus mechanism works.

  • How to make NFTs

    Find out all you need to create your own NFTs – the new application of blockchain technology that enables digital ownership of assets.

  • How to buy Illuvium (ILV) in the US

    This guide will show you step-by-step instructions on how to buy the Illuvium (ILV) token as well as a list of exchanges you can trade it on.

  • Socios.com review and guide

    Socios.com is a sporting app that uses blockchain technology to bring fans closer to their preferred football clubs

  • How to stake and earn Tezos (XTZ)

    Find out how to leverage XTZ token holdings to earn interest. Stake in the Tezos blockchain or provide liquidity to a DeFi protocol.

  • How to buy dYdX (DYDX) in the US

    This guide will show you step-by-step instructions on how to buy the dYdX (DYDX) token as well as a list of exchanges you can trade it on.

  • Columbus-5 Terra upgrade: LUNA’s deflationary moment explained

    On September 30, Terra mainnet upgrade Columbus-5 is set to bring a new wave of functionality and investment to Terra and Cosmos.

  • How to buy Monsta Infinite (MONI) in the US

    This guide will show you step-by-step instructions on how to buy the Monsta Infinite (MONI) token as well as a list of exchanges you can trade it on.

  • SuperRare Review and Guide

    True to its name, SuperRare is an NFT marketplace that focuses on crypto art tokenized on the Ethereum blockchain. The result is part marketplace and part social network for the artistic side of the NFT community.

  • What is Rarible? Review and guide

    Buy and sell unique digital assets on the largest NFT marketplace in the crypto space.

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and finder.com Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site