How to Buy ColossusXT (COLX)

A Step-by-Step-Guide on how to buy ColossusXT (COLX)

Step 1 – Signup to Coinbase and get 10$ for free

In the beginning you'll need to purchase one of the bigger coins. Exchanges normally accept either Ethereum or Bitcoin in exchange for alternative Coins. Click below to register and receive your first $10.

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

Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. ColossusXT (COLX) is accessible on Binance, so we will use that as an illustration. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this guide)

Make sure you've chosen the exact coin you want to deposit.

BTC must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so forth. If you're dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our manual).

Step 3 – Find ColossusXT (COLX)

As soon as your deposit has been confirmed, you'll instantly have access to your finances and you can start invest and trading. To buy ColossusXT (COLX) on Binance, you will want to hover over the “Exchange” tab and click on “Basic”.

To discover (COLX) ColossusXT, you'll need to put the cointype (COLX) into the search box, which is marked in the image. Be certain of having choosen the correct grouping, we have marked this too. Click on “COLX/BTC” to continue.

Binance How To Buy 1 ColossusXT (COLX)
Step 4 – Purchase ColossusXT (COLX)

As soon as you've spotted ColossusXT (COLX), you'll be presented with a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the image). For now we're going to create our Limit Order.

The “Price” field will be automatically filled with the up-to-date valuation (COLX) ColossusXT was sold for. This can be changed to your preferred price. The “Amount” field is the amount of COLX you like to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you'll pay for the complete volumen of COLX.

If you are glad, click on “Buy COLX”. Your order will be filled when a Vendor trades their COLX for the price you submitted.

Step 5 – Withdraw ColossusXT (COLX)

Unless you are frequently trading, you should never keepyour crypto on an Cryptocurrency Exchange for an extensive period of time. To withdraw your ColossusXT (COLX), hover over the “Funds” tab and click on “Withdraw”. ColossusXT (COLX) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find ColossusXT (COLX) by using the provided drop-down box. Enter the volumen of (COLX) ColossusXT you'd wish to withdraw. Take into account the displayed fees/minimums. Also make sure you have filled your right withdraw address.

When you are satisfied, click “Submit”. You could be requested for phone/email verification before a withdrawal.

Congratulations! You have successfully purchased and safed (COLX) ColossusXT.

That's it!

Withdrawals from Crypto Trader can durate anywhere from 1 – 30 minutes (depending on usage of the network). As soon as you've proved your take off with Ethplorer.io or Etherscan.io and the ColossusXT (COLX) is safe in your wallet, you are all done.