How to Buy ILCOIN (ILC)

A Step-by-Step-Guide on how to buy ILCOIN (ILC)

Step 1 – Join eToro

You will first need to buy one of the bigger currencies. Exchanges normally accept either Bitcoin or Ethereum in exchange for Altcoins. Follow the Link below to register and to get yEthereum (ETH) or Bitcoin (BTC).

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

Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is identical. ILCOIN (ILC) is available on Binance, so we're going to use that as an illustration. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this how-to)

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

BTC must be sent to a BTC deposit address, ETH to an Ethereum deposit address, etc. In the case you are using a decentralized exchange, like Airswap or DDEX could be different (Just follow our manual).

Step 3 – Find ILCOIN (ILC)

Once your deposit has been confirmed, you'll immediately have access to your finances and you can start purchasing and trading. To purchase (ILC) ILCOIN on Binance, you will want to go to the tab which is called “Exchange” and then mouse click on “Basic”.

In order to spot ILCOIN (ILC), you'll need to put the short name of the asset (ILC) into the search-box, which is marked in the picture. Make sure you have selected the proper grouping, we have marked this also. Click on “ILC/BTC” to proceed.

How to buy Coin on Binance 1 ILCOIN (ILC)
Step 4 – Buying (ILC) ILCOIN

As soon as you have spotted (ILC) ILCOIN, you'll be given a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). Next we are going to make our own Limit Order.

The field with the “Price” tag will be filled automatically with the most latest valuation ILCOIN (ILC) was sold for. This can be changed to your preferred rate. The field with the “Amount” tag is the quantity of ILC you want to purchase. The “Total” field is the whole price in BTC that you will settle for the complete quantity of ILC.

If you are happy, click on “Buy ILC”. Your order will be filled as soon as a Vender sells their ILC for the price you introduced.

Step 5 – Withdraw (ILC) ILCOIN

Unless you're frequently trading, best advise is not to keep your coins on an Exchange for an longer period of time. In order to withdraw your ILCOIN (ILC), hover over the tab called “Funds” and click on “Withdraw”. ILCOIN (ILC) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate ILCOIN (ILC) by using the given drop-down box. Drop in the quantity of ILCOIN (ILC) you would wish to withdraw. Don't forget the presented minimus/fees. Also make sure you have entered your precise withdraw address.

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

Kudos! You have successfully purchased and safed ILCOIN (ILC).

That's it!

Take offs from Crypto Exchange can durate anywhere from 1 – 30 minutes (rely on usage of the network). As soon as you've confirmed your withdrawal using Ethplorer.io or Etherscan.io and the ILCOIN (ILC) is stored within your wallet, you're finished.