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How to Buy Unit Protocol (COL)

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

Step 1 – Join CEX.io

You will first need to purchase one of the top-tier currencies. Exchanges commonly accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Follow the Link below to register and receive your Bitcoin or Ethereum.

Binance Signup
Step 2 – Transfer Your Ethereum or Bitcoin to an Crypto Trader

Your BTC (Bitcoin) or ETH (Ethereum) will need 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 sample. Unsure on how to send Coinbase funds to an Crypto Trader? (Just follow these easy steps)

Make sure you've chosen the precise coin you wish to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etc. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our guide).

Step 3 – Locate Unit Protocol (COL)

Once your deposit has been verified, you'll instantly have access to your assets and you can initiate purchasing and trading. To invest in Unit Protocol (COL) on Binance, you'll want to go to the tab which is called “Exchange” and then mouse click on “Basic”.

To spot Unit Protocol (COL), you will need to insert the cointype (COL) into the search box, which is marked in the image. Be certain of having selected the right pairing, we have highlighted this also. Click on “COL/BTC” to progress.

{How to buy Coin on Binance 1|Binance How To Buy 1} Unit Protocol (COL)
Step 4 – Acquisition of Unit Protocol (COL)

After you've located Unit Protocol (COL), you'll be presented with a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). And now we are going to create our own Limit Order.

The field with the “Price” tag will be filled automatically with the most up-to-date price Unit Protocol (COL) was sold for. This can be changed to your preferred price. The ”Amount” field is the volumen of COL you want to purchase. The ”Total” field is the total price in BTC that you will pay for the whole quantity of COL.

When you're satisfied, make a mouse click on “Buy COL”. Your plan will be filled as soon as a Vender sells their COL for the price you introduced.

Step 5 – Withdraw Unit Protocol (COL)

Unless you are frequently trading, you should never keepyour coins on an Crypto Exchange for an extended time frame. To take off your Unit Protocol (COL), hover over the tab called “Funds” and mouse 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 given drop-down box. Drop in the volumen of Unit Protocol (COL) you would wish to withdraw. Take into account the demonstrated fees/minimums. Also make sure you have entered your correct withdraw address.

If you are happy, make a mouse click on “Submit”. You may be requested for verfication via phone/email before a withdrawal.

Kudos! You have successfully bought and stored Unit Protocol (COL).

That's it!

Withdrawals from Crypto Trader can take between 1 – 30 minutes (depending on network usage). Once you've confirmed your take off with Ethplorer.io or Etherscan.io and the Unit Protocol (COL) is stored within your wallet, you're done.

Some other Guides on How to buy different Altcoins

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How to Buy Altcoins
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