How to Buy INLOCK (ILK)

A Step-by-Step-Guide on how to buy INLOCK (ILK)

Step 1 – Join Coinbase and get 10$ for free

You will first need to purchase units of the major currencies. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Follow the Link below for registration and getting your first 10$.

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

Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Exchange now. Every exchange has a deposit form that is identical. INLOCK (ILK) is obtainable on Binance, so we will use that as an sample. Unsure on how to send Coinbase funds to an Exchange? (Just follow this guide)

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

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etcetera. In the case you are working with a decentralized exchange, like Airswap or DDEX could be opposed (Follow our manual).

Step 3 – Find INLOCK (ILK)

Once your deposit has been verified, you'll immediately have access to your funds and you can start invest and trading. To purchase INLOCK (ILK) on Binance, you'll want to hover over the tab which is called “Exchange” and then mouse click on “Basic”.

In order to discover (ILK) INLOCK, you will need to put the cointype (ILK) into the search-box, which is highlighted in the image. Make sure you have choosen the correct grouping, we've highlighted this also. Click on “ILK/BTC” to proceed.

How to buy Coin on Binance 1 INLOCK (ILK)
Step 4 – Buy INLOCK (ILK)

After you have discovered (ILK) INLOCK, you will be presented with a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the picture). And now we're making our own Limit Order.

The field with the “Price” tag will be filled with the recent price (ILK) INLOCK was sold for. You can change this to your preferred price. The field with the “Amount” tag is the quantity of ILK you wish to buy. The field with the “Total” tag is the aggregated price in BTC that you will pay for the whole amount of ILK.

When you are glad, click on “Buy ILK”. Your plan will be filled when a Vender trades their ILK for the price you introduced.

Step 5 – Withdraw INLOCK (ILK)

Unless you are trading, best advise is not to keep your coins on an Crypto Exchange for an extended time period. In order to take off your INLOCK (ILK), hover over the tab called “Funds” and mouse click on “Withdraw”. (ILK) INLOCK can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate INLOCK (ILK) by using the provided drop-down box. Drop in the quantity of INLOCK (ILK) you'd like to withdraw. Don't forget the displayed fees/minimums. Also make sure you have entered your correct withdraw address.

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

Kudos! You have successfully purchased and stored (ILK) INLOCK.

That's it!

Take offs from Crypto Exchange can durate anywhere from 1 – 30 minutes (rely on network usage). Once you've proved your take off with Etherscan.io or Ethplorer.io and the INLOCK (ILK) is safe within your wallet, you are all done.