How to Buy Coil (COIL)

A Step-by-Step-Guide on how to buy Coil (COIL)

Step 1 – Signup to CEX.io

In the beginning you'll need to buy units of the bigger coins. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Follow the Link below to register and to get BTC (Bitcoin) or ETH (Ethereum).

Binance Signup
Step 2 – Transmit Your BTC (Bitcoin) or ETH (Ethereum) to an Exchange

Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Exchange now. All exchanges have a deposit form that is alike. Coil (COIL) is available on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Exchange? (Follow these easy steps)

Make sure you have selected the exact coin you want to deposit.

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so forth. In the case you're using a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our guide).

Step 3 – Find (COIL) Coil

Once your deposit has been confirmed, you will directly have access to your finances and you can start buying and trading. To invest in (COIL) Coil on Binance, you will want to hover over the tab which is called “Exchange” and click on “Basic”.

In order to find (COIL) Coil, you will need to insert the cointype (COIL) into the search-box, which is highlighted in the image. Make sure you have selected the correct grouping, we've highlighted this too. Click on “COIL/BTC” to continue.

Binance Hot To Buy Coil (COIL)
Binance How to Buy (COIL) Coil
Step 4 – Buy (COIL) Coil

Once you've found (COIL) Coil, you'll be presented with a Price Chart (in the Center of the picture) and some Order Books (on the Left of the picture). For now we are going to make our own Limit Order.

The field with the “Price” tag will be filled automatically with the latest valuation (COIL) Coil was sold for. You can change this to your favoured rate. The ”Amount” field is the quantity of COIL you want to purchase. The field with the “Total” tag is the whole price in BTC that you will pay for the whole quantity of COIL.

When you are happy, make a mouse click on “Buy COIL”. Your plan will be filled when a Vendor trades their COIL for the price you gave.

Step 5 – Withdraw Coil (COIL)

Unless you're trading, best advise is not to keep your crypto on an Exchange for an extensive period of time. In order to take off your Coil (COIL), go to the tab called “Funds” and click on “Withdraw”. Coil (COIL) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Coil (COIL) by using the given drop-down box. Enter the volumen of Coil (COIL) you would wish to take off. Take into account the demonstrated fees/minimums. Also make sure you have filled your precise withdraw address.

If you're satisfied, click “Submit”. You could be requested for verfication via email/phone before a take off.

Binance Withdraw

Kudos! You've successfully bought and safed (COIL) Coil.

That's it!

Take offs from Crypto Exchange can take anywhere from 1 – 30 minutes (depending on network usage). As soon as you have proved your withdrawal with Ethplorer.io or Etherscan.io and the (COIL) Coil is stored in your wallet, you are done.