How to Buy INLOCK (ILK)

A Step-by-Step-Guide on how to buy INLOCK (ILK)

Step 1 – Join Coinbase and recieve 10$ for free

You'll first need to buy units of the top-tier currencies. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Click the button below for registration and receive your first 10$.

Coinbase Free Bitcoin

Binance Signup
Step 2 – Transmit Your Bitcoin or Ethereum to an Cryptocurrency Exchange

Your Ethereum or Bitcoin has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. INLOCK (ILK) is available on Binance, so we're going to use that as an example. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this manual)

Make sure you've selected the correct coin you wish to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etc. If you're working with a decentralized exchange, like Airswap or DDEX could be different (Follow our guide).

Step 3 – Locate (ILK) INLOCK

As soon as your deposit has been confirmed, you will now have access to your funds and you can begin buying and trading. To purchase (ILK) INLOCK on Binance, you will want to go to the ”Exchange” tab and after that click on “Basic”.

To spot (ILK) INLOCK, you will need to insert the cointype (ILK) into the search box, which is highlighted in the picture. Be certain of having choosen the correct grouping, we've highlighted this too. Click on “ILK/BTC” to progress.

Binance Hot To Buy INLOCK (ILK)
Binance How to Buy (ILK) INLOCK
Step 4 – Purchase (ILK) INLOCK

Once you've located (ILK) INLOCK, you'll be given a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). Next we're creating our own Limit Order.

The ”Price” field will be filled with the latest price (ILK) INLOCK was traded for. You can change this to your preferred price. The ”Amount” field is the volumen of ILK you like to purchase. The ”Total” field is the whole price in BTC that you'll pay for the whole volumen of ILK.

When you're happy, click on “Buy ILK”. Your order will be filled when a Vender trades their ILK for the price you offered.

Step 5 – Withdraw (ILK) INLOCK

Unless you are trading, best advise is not to keep coins on an Cryptocurrency Exchange for an extended time period. To take off your (ILK) INLOCK, go to the tab called “Funds” and mouse click on “Withdraw”. (ILK) INLOCK can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (ILK) INLOCK by using the provided drop-down box. Enter the volumen of (ILK) INLOCK you'd like to take off. Don't forget the demonstrated fees/minimums. Also make sure you have filled your right withdraw address.

When you are satisfied, click on “Submit”. You may be asked for verfication via email/phone before a withdrawal.

Binance Withdraw

Congrats! You've successfully bought and stored (ILK) INLOCK.

That's it!

Take offs from Exchange can durate anywhere from 1 – 30 minutes (depending on usage of the network). Once you've proved your take off using Etherscan.io or Ethplorer.io and the (ILK) INLOCK is stored inside your wallet, you are finished.