How to Buy ColossusXT (COLX)

A Step-by-Step-Guide on how to buy ColossusXT (COLX)

Step 1 – Signup to Kraken

You'll first need to purchase units of the major coins. Exchanges normally accept either Bitcoin or Ethereum in exchange for alternative Coins. Click below to register and receive Ethereum (ETH) or Bitcoin (BTC).

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

Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Exchange now. All exchanges have a deposit form that is alike. ColossusXT (COLX) is accessible on Binance, so we're going to use that as an illustration. Not sure on how to send Coinbase funds to an Exchange? (Just follow this manual)

Make sure you've chosen the exact coin you would like to deposit.

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etc. In the case you're using a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our how-to).

Step 3 – Find ColossusXT (COLX)

Once your deposit has been affirmed, you'll directly have access to your assets and you can commence invest and trading. To invest in ColossusXT (COLX) on Binance, you'll want to go to the tab which is called “Exchange” and then mouse click on “Basic”.

In order to locate ColossusXT (COLX), you'll need to put the short name of the asset (COLX) into the search box, which is marked in the picture. Make sure you have selected the proper pairing, we have marked this too. Click on “COLX/BTC” to progress.

Binance Hot To Buy ColossusXT (COLX)
Binance How to Buy (COLX) ColossusXT
Step 4 – Purchasing ColossusXT (COLX)

As soon as you have located ColossusXT (COLX), you will be given a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). For now we're going to create our Limit Order.

The ”Price” field will be filled automatically with the most recent tariff ColossusXT (COLX) was sold for. You can change this to your desired price. The field with the “Amount” tag is the quantity of COLX you wish to purchase. The ”Total” field is the total price in BTC that you'll settle for the complete quantity of COLX.

When you are glad, make a mouse click on “Buy COLX”. Your plan will be filled as soon as a Vendor trades their COLX for the price you introduced.

Step 5 – Withdraw ColossusXT (COLX)

Unless you're regularly trading, never keep your crypto coins on an Cryptocurrency Exchange for an longer time period. To take off your ColossusXT (COLX), hover over the tab called “Funds” and click on “Withdraw”. ColossusXT (COLX) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find ColossusXT (COLX) by using the given drop-down box. Put into the amount of ColossusXT (COLX) you'd like to take off. Take into account the demonstrated minimus/fees. Also make sure you have entered your correct withdraw address.

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

Binance Withdraw

Kudos! You've successfully purchased and stored ColossusXT (COLX).

That's it!

Withdrawals from Exchange can durate anywhere from 1 – 30 minutes (depending on network usage). Once you have confirmed your withdrawal with Etherscan.io or Ethplorer.io and the (COLX) ColossusXT is safe within your wallet, you're finished.

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