Step 1. Register an account with CoinCola. You’ll get a secure web wallet to store and manage your bitcoin. If you have already registered a CoinCola account, skip to the next step.
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Step 2. Visit the CoinCola “OTC” page. From here, you’ll be able to view a list of advertisements from CoinCola sellers. Click on the search icon to filter advertisements by your preferred currency, location, and payment method. A list of advertisements matching your requirements will then be displayed.
Step 3. Choose an offer from the list of advertisements. We recommend choosing a trader with a high ‘Trust’ score and a large number of previous trades. Click on the ‘BUY BTC’ button to view more information about the advertisement.
Step 4. After clicking the ‘Buy BTC’ button, you’ll be able to view the terms of trade, as set out by the trader. Read the terms of trade carefully before submitting a trade request. If the terms of the trade are not to your liking, go back to the previous page and choose another advertisement.
Step 5. To start the trade, type in the amount of bitcoin you want to buy, or enter how much money you want to buy. Click on the ‘Buy Now’ button and be ready to send payment to the seller as the payment method of your chat negotiation. If you don’t pay before the allotted time, the trade will be automatically canceled.
Once you have made the payment, mark the payment as paid. Once the trader has verified that your payment has been received, your bitcoin will be released from the trade escrow and they will be instantly available in your CoinCola Wallet.