A Step-by-Step-Guide on how to buy Unit Protocol (COL)
Step 1 – Join Coinbase and recieve 10$ for free You will first need to buy one of the bigger coins. Exchanges normally accept either Bitcoin or Ethereum in exchange for alternative Coins. Click below for registration and getting your welcome $10.
Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Exchange Your Bitcoin or Ethereum has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. Unit Protocol (COL) is available on Binance, so we're going to use that as an illustration. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this how-to) Make sure you have selected the right coin you would like to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, et cetera. If you are dealing with a decentralized exchange, like Airswap or DDEX could be different (Just follow our manual).
Step 3 – Locate (COL) Unit Protocol As soon as your deposit has been approved, you will now have access to your finances and you can commence purchasing and trading. To buy (COL) Unit Protocol on Binance, you will want to hover over the tab which is called “Exchange” and then click on “Basic”. To spot (COL) Unit Protocol, you will need to put the shortname of the coin (COL) into the search box, which is highlighted in the image. Be certain of having selected the proper grouping, we have highlighted this also. Click on “COL/BTC” to go on.
Step 4 – Purchasing Unit Protocol (COL) As soon as you've discovered Unit Protocol (COL), you will be given a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). For now we are creating our own Limit Order. The field with the “Price” tag will be automatically filled with the up-to-date tariff Unit Protocol (COL) was sold for. You can change this to your desired price. The ”Amount” field is the volumen of COL you wish to buy. The field with the “Total” tag is the aggregated price in BTC that you'll settle for the whole volumen of COL. If you are happy, make a mouse click on “Buy COL”. Your order will be filled when a Vendor trades their COL for the price you gave.
Step 5 – Withdraw Unit Protocol (COL) Unless you're frequently trading, best advise is not to keep coins on an Crypto Exchange for an longer period of time. To withdraw your Unit Protocol (COL), go to the tab called “Funds” and mouse click on “Withdraw”. Unit Protocol (COL) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Unit Protocol (COL) by using the given drop-down box. Enter the quantity of Unit Protocol (COL) you'd wish to withdraw. Take into account the displayed minimus/fees. Also make sure you have filled your right withdraw address. When you're satisfied, click “Submit”. You could be requested for verfication via phone/email before a withdrawal.