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.

Step 2 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Cryptocurrency Exchange

Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. Unit Protocol (COL) is accessible on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Crypto Trader? (Just follow this manual)

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

Bitcoin must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, et cetera. If you are working with a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our manual).

Step 3 – Find Unit Protocol (COL)

Once your deposit has been confirmed, you'll now have access to your funds and you can launch purchasing and trading. To purchase Unit Protocol (COL) on Binance, you'll want to hover over the tab which is called “Exchange” and then click on “Basic”.

To discover Unit Protocol (COL), you will need to insert the short name of the asset (COL) into the search box, which is marked in the picture. Be certain of having selected the proper pairing, we've marked this too. Click on “COL/BTC” to proceed.

Step 4 – Purchasing Unit Protocol (COL)

As soon as you have spotted Unit Protocol (COL), you will be given a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). Next we are going to make our own Limit Order.

The field with the “Price” tag will be automatically filled with the most recent price Unit Protocol (COL) was traded for. You can change this to your favoured rate. The field with the “Amount” tag is the amount of COL you wish to buy. The field with the “Total” tag is the whole price in Bitcoin that you'll settle for the complete volumen of COL.

When you are glad, click on “Buy COL”. Your order will be filled as soon as a Seller trades their COL for the price you submitted.

Step 5 – Withdraw Unit Protocol (COL)

Unless you're regularly trading, you should never keepyour crypto coins on an Exchange for an extensive time frame. To take off your Unit Protocol (COL), go to the ”Funds” tab and mouse click on “Withdraw”. Unit Protocol (COL) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Unit Protocol (COL) by using the provided drop-down box. Enter the quantity of Unit Protocol (COL) you would like to take off. Don't forget the shown fees/minimums. Also make sure you have entered your precise withdraw address.

If you are happy, click on “Submit”. You may be requested for phone/email verification ahead of a withdrawal.