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How to Buy Coil (COIL)

A Step-by-Step-Guide on how to buy Coil (COIL)

Step 1 – Join CEX.io

In the beginning you'll need to purchase one of the top-tier coins. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Click below for registration and receive your Ethereum (ETH) or Bitcoin (BTC).

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

Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is alike. Coil (COIL) is obtainable on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow these easy steps)

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

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etc. If you are working with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our how-to).

Step 3 – Locate Coil (COIL)

As soon as your deposit has been affirmed, you'll instantly have access to your finances and you can commence purchasing and trading. To purchase Coil (COIL) on Binance, you'll want to hover over the ”Exchange” tab and then click on “Basic”.

To find Coil (COIL), you'll need to put the shortname of the coin (COIL) into the search box, which is highlighted in the graphic. Make sure you have choosen the proper pairing, we've highlighted this too. Click on “COIL/BTC” to continue.

{How to buy Coin on Binance 1|Binance How To Buy 1} Coil (COIL)
Step 4 – Acquisition of Coil (COIL)

After you've discovered Coil (COIL), you will be given a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). For now we are going to make our own Limit Order.

The ”Price” field will be filled with the latest price Coil (COIL) was sold for. You can change this to your favoured price. The field with the “Amount” tag is the quantity of COIL you wish to purchase. The ”Total” field is the whole price in BTC that you will settle for the complete quantity of COIL.

When you're happy, make a mouse click on “Buy COIL”. Your plan will be filled when a Seller sells their COIL for the price you introduced.

Step 5 – Withdraw Coil (COIL)

Unless you're trading, best advise is not to keep coins on an Crypto Trader for an extensive time period. In order to withdraw your Coil (COIL), go to the tab called “Funds” and mouse click on “Withdraw”. Coil (COIL) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Coil (COIL) by using the given drop-down box. Enter the volumen of Coil (COIL) you would like to withdraw. Take into account the presented fees/minimums. Also make sure you have filled your right withdraw address.

If you're glad, make a mouse click on “Submit”. You could be requested for verfication via phone/email before a take off.

Kudos! You've successfully bought and stored Coil (COIL).

That's it!

Take offs from Cryptocurrency Exchange can durate between 1 – 30 minutes (rely on usage of the network). Once you have confirmed your withdrawal using Etherscan.io or Ethplorer.io and the Coil (COIL) is safe inside your wallet, you are done.

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