How & where to buy Ocean Protocol (OCEAN) online

Private data is dominated by big companies who hoard it for their own use. Ocean Protocol flips control back to individuals, letting them buy and sell their own data as they see fit. Find out how and where to buy OCEAN coins now.
Updated: May 11, 2023

Trade global markets with our top-rated broker, Interactive Brokers.

Interactive Brokers (U.K.) Limited is authorised and regulated by the Financial Conduct Authority. FCA Register Entry Number 208159. Products are only covered by the UK FSCS in limited circumstances.
Visit site

The Ocean Protocol has its own cryptocurrency, and this guide introduces you to that OCEAN token. Learn how it helps the data marketplace run smoothly and why the coin has value.

What are the best exchanges to buy OCEAN on?

Copy link to section

The brokers below are some of the best places to get Ocean Protocol coins now. Our team of experts has reviewed all of the platforms out there and picked out these ones as top of the class. If you want to learn more about the protocol first, scroll down to keep reading.

Sort by:

Min. Deposit
$ 5
Best offer
User Score
Combines a user-friendly platform and low fees
Largest digital asset exchange in the Netherlands
Trade over 50 digital assets and pay a maximum trading fee of 0.25%
Start Trading
Payment Methods:
Credit Card, Debit Card
Full Regulations:
Min. Deposit
Best offer
User Score
Sign Up Bonuses
App Available
Supports Multiple Altcoins
Start Trading
Payment Methods:
AdvCash, American Express, Apple Pay, Bank Transfer, Banxa, Credit Card, Debit Card, Discover, Mastercard, Payeer, Perfect Money, SEPA, Simplex, WebMoney, neteller, , , , , skrill
Full Regulations:
Min. Deposit
$ 1
Best offer
User Score
Trade with up to 5X leverage for spot trading
Buy cryptocurrency with your credit card via our partner
Client funds held in dedicated multi-signature cold wallets
Start Trading
Payment Methods:
Full Regulations:

How to buy OCEAN online – a step-by-step guide

Copy link to section

Step 1. Find an exchange

Copy link to section

Exchanges are usually the easiest place to get small-cap cryptocurrencies. Often you can only swap them with another crypto – usually Bitcoin – and exchanges offer the widest variety of pairs to choose from. Here are some of the best ones around.

  • Binance: With Binance you can trade more than 100 cryptocurrencies. Binance has more trading volume than any other exchange and so is a great place for most crypto trading. Sign up for Binance >
  • BitMEX: The BitMEX exchange lets you trade with Bitcoin and has its own integrated wallet to store your new coins. There are lots of trading options including leverage and futures as well. Join BitMEX now >

Step 2. Sign up and fund your account

Copy link to section

Before you can start trading you need to set up an account. Usually all this takes is a few contact details and a form of photo ID, but the exact demands vary depending on who you use.

How you can fund an account varies too, most leading exchanges accept fiat currency (like GBP or EUR) but others will only let you deposit cryptocurrency. As always the best one to use is Bitcoin, as almost everywhere accepts it. 

Step 3. Purchase

Copy link to section

This step is as simple as looking for its ticker symbol on the exchange – OCEAN – and picking out the OCEAN/BTC pair. Choose how many coins you want and execute the trade.

Step 4. (Optional) Get a suitable wallet

Copy link to section

To store your coins securely, it’s best to use a wallet. You don’t have to do this, but wallets are safer than leaving them in your exchange account. There are different options depending on the level of security you want, ranging from apps on your phone to offline ‘cold storage’ wallets. Here are a couple of the best ones:

  • Guarda Wallet: This is a hybrid wallet that lets you access your coins through your desktop, web browser, or a mobile app. It’s integrated with the Ledger Nano S hardware wallet as well. Get Guarda Wallet now >
  • Ledger Nano S: Speaking of which…the Nano S is a wallet that keeps coins completely offline, and protected even if you connect it to an infected computer. Get the Ledger Nano S today >

How to trade Ocean Protocol – a step-by-step guide

Copy link to section

Step 1. Find a broker

Copy link to section

To trade crypto you want a broker that charges low fees. Otherwise, making lots of trades can get very expensive. There are lots of other things to look out for as well, but fees are the most important.

As for which one to choose, not many offer OCEAN trading for now. If and when that changes, think about using eToro or Plus500.

Step 2. Deposit money

Copy link to section

You need to set up an account and fund it before you can trade. Brokers only accept deposits in fiat currency and sometimes charge for deposits and withdrawals. Keep an eye on the fee structure before you sign up.

Step 3. Decide how you’d like to trade

Copy link to section

Most crypto traders use CFDs. It’s not the only way to trade but it is the most popular and learning about contracts for difference is a great place to start. In short, CFDs are a way to speculate on the price of a coin without owning it.

Step 4. Start trading 

Copy link to section

If you’re new to trading, think about starting with a beginner’s account. This is a way of trading without putting your own money at risk and any broker worth using offers it as an option.

When you come to actually trading, you have to decide how you think a coin is going to perform. From there you can either go long (buy) or short (sell). 

Beyond that there are some more advanced trading strategies once you have more experience. One of these involves using leverage, a way of making big trades while only putting up a small amount as a deposit. You can win big if it works, but your losses can escalate quickly if the market moves against you.

Still undecided?

Copy link to section

If you still want to find out a bit more about the Ocean Protocol, don’t worry. Here are some pros and cons to think about, followed by a few final questions that can help you decide if the coin is for you.


Copy link to section
  • Data privacy is a hot button issue and a place to share it securely could have value
  • Earn rewards for contributing to the platform
  • A great place to access data sets that would otherwise be hard to find


Copy link to section

Last but by no means least, here are three more questions to think about before you invest in Ocean Protocol.

1. Is it a good time to buy Ocean Protocol?

Copy link to section

If you want to use its marketplace or expect it to go up in value over time, then yes. In that case you want to find an exchange and so you can start staking or storing them right away.

For short term traders there are some other things to think about. Does the current price represent good value? Have you used tools and charts to spy an opportunity? Are there any recent developments that make you think the price is about to change? We can help with that last one, and our latest market analysis is the best place to start:

2. What problem does Ocean Protocol solve, and what are the coin’s investment prospects?

Copy link to section

Ocean Protocol solves two problems: it lets individuals decide how much their private data is worth and profit if they choose to sell it, and it makes vast data sets available to buy on the open market, instead of being dominated by a handful of big tech monoliths.

It’s prospects could be good if data privacy continues to be an important issue. With the internet dominated by a handful of players, more people could turn to the blockchain to avoid them. In that case, Ocean Protocol is well placed to benefit. Particularly as there aren’t many competitors out there.

As always with cryptocurrency, you should do your research before investing. The best place to do that is right here, where you can get the latest news and analysis at your fingertips.

Ocean Protocol price continued its bullish momentum on Monday as the cryptocurrency rally gained steam. The token soared to a high of $0.5090, its highest point since February. It has soared by over 110% from the lowest level this year, giving it a market cap of over $216 million. Most importantly,
The total value of all cryptocurrencies has exceeded the $1 trillion threshold Wednesday, according to the TradingView data.  Fundamental analysis: Bitcoin leads the way  In less than a week, the market capitalization of the crypto market soared by over 35% to $1.048 trillion. Bitcoin&rsqu

3. Do you want to hold Ocean Protocol for the long term?

Copy link to section

If you think it’s prospects are good, then yes you want to hold it for a while. Likewise if you want to use the marketplace to make money from data you own, or stake coins as collateral on other data sets, buy and hold it so you have the option. Here are some last things to consider before you buy.

Considerations for a long term investment strategy

Long term investors who are bullish about a coin’s prospects should think about getting some straight away. An exchange platform is the best place to buy Ocean Protocol coins in the UK, and you want to think about getting a wallet to store your coins as well.

Considerations for a short term trading strategy

The best strategy for short term traders is finding a broker that charges low fees. Making lots of trades can be expensive if you have to pay a chunk in fees every time. Once you have a broker, brush up on technical indicators and analyses to help you trade.

Get started with OCEAN

Sources & references
Risk disclaimer
James Knight
Editor of Education
James is the Editor of Education for Invezz, where he covers topics from across the financial world, from the stock market, to cryptocurrency, to macroeconomic markets.... read more.