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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

In the beginning you'll need to buy units of the bigger currencies. Exchanges normally accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Click the button below for registration and getting your Bitcoin or Ethereum.

Binance Signup
Step 2 – Transmit Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Trader

Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is similar. Unit Protocol (COL) is obtainable on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Crypto Trader? (Follow this manual)

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

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so on. In the case you are using a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our guide).

Step 3 – Find Unit Protocol (COL)

As soon as your deposit has been verified, you will directly have access to your funds and you can start purchasing and trading. To purchase Unit Protocol (COL) on Binance, you will want to go to the tab which is called “Exchange” and after that mouse click on “Basic”.

To locate Unit Protocol (COL), you will need to insert the short name of the asset (COL) into the search-box, which is highlighted in the graphic. Be certain of having choosen the right pairing, we've highlighted this also. Click on “COL/BTC” to continue.

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

After you have found (COL) Unit Protocol, you will be presented with a Price Chart (in the Center of the image) and some Order Books (on the Left of the image). For now we're making our own Limit Order.

The field with the “Price” tag will be automatically filled with the most up-to-date valuation (COL) Unit Protocol was traded for. This can be changed to your preferred price. The ”Amount” field is the amount of COL you wish to purchase. The field with the “Total” tag is the aggregated price in Bitcoin that you will settle for the complete amount of COL.

When you are glad, click on “Buy COL”. Your order will be filled when a Seller sells their COL for the price you submitted.

Step 5 – Withdraw (COL) Unit Protocol

Unless you're regularly trading, never keep your crypto on an Crypto Trader for an extended time frame. In order to take off your (COL) Unit Protocol, go to the tab called “Funds” and click on “Withdraw”. (COL) Unit Protocol can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (COL) Unit Protocol by using the provided drop-down box. Drop in the amount of (COL) Unit Protocol you would like to take off. Don't forget the shown fees/minimums. Also make sure you have entered your right withdraw address.

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

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

That's it!

Take offs from Exchange can take between 1 – 30 minutes (rely on network usage). As soon as you've confirmed your take off with Ethplorer.io or Etherscan.io and the (COL) Unit Protocol is safe inside your wallet, you're all done.