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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 – Transmit Your ETH (Ethereum) or BTC (Bitcoin) to an Exchange

Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is identical. Coil (COIL) is available on Binance, so we're going to use that as an example. Unsure on how to send Coinbase funds to an Exchange? (Follow this guide)

Make sure you have chosen the correct coin you would like to deposit.

Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, etc. In the case 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)

Once your deposit has been confirmed, you will now have access to your assets and you can begin invest and trading. To invest in Coil (COIL) on Binance, you will want to go to the tab which is called “Exchange” and then click on “Basic”.

In order to spot Coil (COIL), you'll need to put the shortname of the coin (COIL) into the search-box, which is highlighted in the graphic. Be certain of having choosen the proper pairing, we've marked this also. Click on “COIL/BTC” to advance.

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

After you've spotted Coil (COIL), you will be presented with a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). For now we're creating our own Limit Order.

The ”Price” field will be filled automatically with the most recent tariff Coil (COIL) was sold for. This can be changed to your favoured price. The ”Amount” field is the volumen of COIL you wish to buy. The field with the “Total” tag is the total price in Bitcoin that you will settle for the complete quantity of COIL.

If you are satisfied, click on “Buy COIL”. Your plan will be filled as soon as a Vendor trades their COIL for the price you gave.

Step 5 – Withdraw Coil (COIL)

Unless you're regularly trading, best advise is not to keep your crypto coins on an Exchange for an extended period of time. To take off your Coil (COIL), hover over the tab called “Funds” and mouse click on “Withdraw”. Coil (COIL) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find Coil (COIL) by using the provided drop-down box. Enter the volumen of Coil (COIL) you'd like to take off. Take into account the demonstrated fees/minimums. Also make sure you have entered your precise withdraw address.

If you are satisfied, click on “Submit”. You could be asked for phone/email verification ahead of a take off.

Kudos! You've successfully purchased and safed Coil (COIL).

That's it!

Take offs from Exchange can durate between 1 – 30 minutes (rely on usage of the network). As soon as you've confirmed your take off using Etherscan.io or Ethplorer.io and the Coil (COIL) is stored inside your wallet, you're done.

Some other Guides on How to buy different Altcoins

How to Buy Nimfex Token
How to Buy Magi
How to Buy Altcoins
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