How to Buy ILCOIN (ILC) in Austria

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

Step 1 – Signup to Coinmama

You'll first need to purchase units of the major currencies. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Click below to register and to get your ETH (Ethereum) or BTC (Bitcoin).

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

Your Bitcoin or Ethereum will need to be sent over to an Exchange now. Every exchange has a deposit form that is similar. ILCOIN (ILC) is obtainable on Binance, so we're going to use that as an illustration. Unsure on how to send funds from Coinbase to an Exchange? (Follow these easy steps)

Make sure you've selected the correct coin you wish to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, et cetera. In the case you're working with a decentralized exchange, like Airswap or DDEX could be divergent (Follow our guide).

Step 3 – Locate {ILCOIN (ILC)|(ILC) ILCOIN}

As soon as your deposit has been confirmed, you'll instantly have access to your assets and you can launch buying and trading. To buy {ILCOIN (ILC)|(ILC) ILCOIN} on Binance, you'll want to go to the ”Exchange” tab and then mouse click on “Basic”.

In order to discover {ILCOIN (ILC)|(ILC) ILCOIN}, you'll need to put the shortname of the coin (ILC) into the search-box, which is marked in the picture. Make sure you have selected the proper pairing, we have marked this also. Click on “ILC/BTC” to proceed.

{How to buy Coin on Binance 1|Binance How To Buy 1} ILCOIN (ILC)
Step 4 – Buying {ILCOIN (ILC)|(ILC) ILCOIN}

After you have discovered {ILCOIN (ILC)|(ILC) ILCOIN}, you'll be given a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). For now we're creating our Limit Order.

The ”Price” field will be filled with the latest rate {ILCOIN (ILC)|(ILC) ILCOIN} was traded for. This can be changed to your favoured price. The field with the “Amount” tag is the volumen of ILC you wish to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you will settle for the complete volumen of ILC.

If you are happy, make a mouse click on “Buy ILC”. Your order will be filled when a Vender trades their ILC for the price you introduced.

Step 5 – Withdraw {ILCOIN (ILC)|(ILC) ILCOIN}

Unless you are frequently trading, best advise is not to keep your crypto coins on an Exchange for an extensive time frame. In order to withdraw your {ILCOIN (ILC)|(ILC) ILCOIN}, go to the ”Funds” tab and mouse click on “Withdraw”. {ILCOIN (ILC)|(ILC) ILCOIN} can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find {ILCOIN (ILC)|(ILC) ILCOIN} by using the provided drop-down box. Put into the volumen of {ILCOIN (ILC)|(ILC) ILCOIN} you'd like to withdraw. Don't forget the displayed fees/minimums. Also make sure you have filled your correct withdraw address.

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

Kudos! You've successfully purchased and safed ILCOIN (ILC) in Austria.

That's it!

Take offs from Crypto Exchange can take anywhere from 1 – 30 minutes (depending on usage of the network). Once you have proved your withdrawal using Etherscan.io or Ethplorer.io and the {ILCOIN (ILC)|(ILC) ILCOIN} is stored inside your wallet, you're finished.

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