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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 – Send Your Funds to an Crypto Trader

Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is alike. Unit Protocol (COL) is accessible on Binance, so we will use that as an sample. Unsure on how to send funds from Coinbase to an Crypto Trader? (Just follow this manual)

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

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so forth. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow these easy steps).

Step 3 – Find Unit Protocol (COL)

As soon as your deposit has been approved, you'll now have access to your funds and you can start purchasing and trading. To invest in Unit Protocol (COL) on Binance, you'll want to hover over the tab which is called “Exchange” and after that mouse click on “Basic”.

To locate Unit Protocol (COL), you'll need to insert the short name of the asset (COL) into the search-box, which is highlighted in the picture. Be certain of having choosen the correct grouping, we have highlighted this too. Click on “COL/BTC” to continue.

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

As soon as you've spotted Unit Protocol (COL), you'll be given a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). And now we are making our own Limit Order.

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

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

Step 5 – Withdraw Unit Protocol (COL)

Unless you are regularly trading, never keep your coins on an Crypto Exchange for an extensive period of time. To withdraw your Unit Protocol (COL), go to the ”Funds” tab and click on “Withdraw”. Unit Protocol (COL) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find Unit Protocol (COL) by using the provided drop-down box. Drop in the quantity of Unit Protocol (COL) you would like to withdraw. Don't forget the presented fees/minimums. Also make sure you have filled your correct withdraw address.

When you are happy, click “Submit”. You may be requested for verfication via email/phone ahead of a take off.

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

That's it!

Take offs from Crypto Exchange can take between 1 – 30 minutes (rely on usage of the network). Once you have confirmed your take off with Ethplorer.io or Etherscan.io and the Unit Protocol (COL) is safe in your wallet, you are all done.

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