What are the steps required to open an account on CoinLock and start using the platform?

A step-by-step guide on setting up your account on CoinLock

Step 1: Create an account on https://idon.coinlock.com. Please use a unique and strong password and store this in a password manager. Please read this article about keeping your IDON related accounts and wallets secure carefully.

Step 2: You will be asked to verify your email address. Click the link in the email you have received.

Step 3: After you log in to the platform, you will be prompted to select two security questions which will be used in case you get locked out of your account and your password needs to be reset.

Step 4: It is highly recommended to activate the 2FA code for more secure access to your account. You can do this on the Preferences page.

Step 5: Click the link to complete your ID Verification. In the first step you will have to provide your residence address and mobile phone number. In the second step you will be redirected to the photo identification service from validation.com. Here you will be prompted to take photos of your ID, your face and a utility bill. It may take up to 48hrs to complete the review process.

Step 6: Select to deposit IDON. Send IDON (and only IDON) from your personal wallet to the address that is shown. You can either copy / paste the wallet address, or scan the QR code with your mobile device (if you have a mobile wallet).

Step 7: Select to deposit ETH. Send ETH (and only ETH) from your personal wallet to the address that is shown. You can either copy / paste the wallet address, or scan the QR code with your mobile device (if you have a mobile wallet). ETH will be required to buy IDON, to buy membership upgrades, to withdraw IDON, etc.

Step 8: Purchase a CoinLock Membership with either USD or ETH. For the purchase with USD you have the option to pay via Zelle or wire transfer. The membership fee depends on the amount you want to trade on your account. For example, if you want to buy or sell $5000 in IDON, you need to buy a membership for that amount. It will cost 3% of $5000 if paid in ETH, or 4% of $5000 if paid in USD.

Now you are all set to use the CoinLock platform to buy, sell, protect, leverage and send IDON.

Next Steps

  1. Check out the support page on the Coinlock Platform for more information about functions on the platform.
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