How to Buy Icolcoin (ICOL)

Step 1 – Join Kraken

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

Step 2 – Transfer Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Trader

Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. Icolcoin (ICOL) is accessible on Binance, so we're going to use that as an sample. Unsure on how to send funds from Coinbase to an Crypto Trader? (Follow these easy steps)

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

Bitcoin must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so on. In the case you are working with a decentralized exchange, like Airswap or DDEX could be different (Just follow our manual).

Step 3 – Locate Icolcoin (ICOL)

Once your deposit has been approved, you'll immediately have access to your assets and you can start buying and trading. To buy Icolcoin (ICOL) on Binance, you'll want to hover over the tab which is called “Exchange” and then mouse click on “Basic”.

In order to spot Icolcoin (ICOL), you will need to insert the cointype (ICOL) into the search box, which is marked in the graphic. Be certain of having choosen the proper pairing, we've highlighted this too. Click on “ICOL/BTC” to progress.

Step 4 – Buy Icolcoin (ICOL)

After you've spotted Icolcoin (ICOL), you will be presented with a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the image). And now we're creating our own Limit Order.

The ”Price” field will be automatically filled with the most latest price Icolcoin (ICOL) was sold for. This can be changed to your favoured rate. The field with the “Amount” tag is the amount of ICOL you want to buy. The ”Total” field is the whole price in Bitcoin that you will settle for the complete volumen of ICOL.

When you're happy, click on “Buy ICOL”. Your plan will be filled when a Vendor sells their ICOL for the price you gave.

Step 5 – Withdraw Icolcoin (ICOL)

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

Find Icolcoin (ICOL) by using the given drop-down box. Enter the volumen of Icolcoin (ICOL) you'd like to withdraw. Take into account the displayed fees/minimums. Also make sure you have entered your correct withdraw address.

If you are happy, make a mouse click on “Submit”. You could be requested for verfication via email/phone ahead of a take off.