The invention discloses a movable double-shaft cantilever type thin film coil feeding mechanism. The movable double-shaft cantilever type thin film coil feeding mechanism comprises a base, a movable box body, a first coil feeding shaft and a second coil feeding shaft. The movable box body is connected with the base in a reciprocating linear moving mode; the first coil feeding shaft is installed on the movable box body, the shaft line of the first coil feeding shaft is parallel to a motion path, relative to the base, of the movable box body, and the first coil feeding shaft is used for placing a thin film coil; the second coil feeding shaft is installed on the movable box body, the shaft line of the second coil feeding shaft is parallel to a motion path, relative to the base, of the movable box body, and the second coil feeding shaft is used for placing the thin film coil; and the first coil feeding shaft and the second coil feeding shaft are correspondingly located at the two sides of the movable box body. The invention further discloses a coil feeding method corresponding to the movable double-shaft cantilever type thin film coil feeding mechanism. According to the coil feeding technology capable of placing alternately, coil material feeding is convenient, and the coil feeding device which can not only reduce labor strength, but also improve labor efficiency is used for production.