How to Buy Unit Protocol (COL)

A Step-by-Step-Guide on how to buy Unit Protocol (COL)

Step 1 – Signup to Kraken

You will first need to purchase one of the top-tier coins. Exchanges usually accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Click below to register and getting Funds.

Binance Signup
Step 2 – Send Your Ethereum or Bitcoin 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. Unit Protocol (COL) is accessible on Binance, so we're going to use that as an illustration. Unsure on how to send funds from Coinbase to an Exchange? (Follow these easy steps)

Make sure you have chosen the correct coin you want to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etcetera. If you are working with a decentralized exchange, like Airswap or DDEX could be unlike (Follow our guide).

Step 3 – Find Unit Protocol (COL)

As soon as your deposit has been verified, you will directly have access to your finances and you can launch buying and trading. To invest in Unit Protocol (COL) on Binance, you will want to hover over the tab which is called “Exchange” and after that mouse click on “Basic”.

To locate Unit Protocol (COL), you will need to put the cointype (COL) into the search-box, which is marked in the image. Make sure you have choosen the correct pairing, we have marked this also. Click on “COL/BTC” to continue.

Binance Hot To Buy Unit Protocol (COL)
Binance How to Buy (COL) Unit Protocol
Step 4 – Purchase Unit Protocol (COL)

Once you've located Unit Protocol (COL), you will be given a Price Chart (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 filled automatically with the recent price Unit Protocol (COL) was sold for. You can change this to your desired price. The field with the “Amount” tag is the quantity of COL you want to buy. The field with the “Total” tag is the aggregated price in BTC that you'll pay for the whole quantity of COL.

If you are satisfied, click on “Buy COL”. Your order will be filled as soon as a Vendor sells their COL for the price you introduced.

Step 5 – Withdraw Unit Protocol (COL)

Unless you are frequently trading, never keep your coins on an Crypto Trader for an extensive time period. To take off your Unit Protocol (COL), hover over the tab called “Funds” and click on “Withdraw”. Unit Protocol (COL) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Unit Protocol (COL) by using the provided drop-down box. Drop in the amount of Unit Protocol (COL) you'd wish to take off. Don't forget the presented minimus/fees. Also make sure you have entered your precise withdraw address.

If you are satisfied, make a mouse click on “Submit”. You could be asked for verfication via phone/email before a take off.

Binance Withdraw

Kudos! You've successfully purchased and safed Unit Protocol (COL).

That's it!

Withdrawals from Crypto Exchange can durate between 1 – 30 minutes (depending on usage of the network). As soon as you've confirmed your withdrawal using Ethplorer.io or Etherscan.io and the (COL) Unit Protocol is stored within your wallet, you are all done.