A Step-by-Step-Guide on how to buy CanonChain (CZR)
Step 1 – Signup to Coinbase and get 10$ for free You'll first need to buy units of the top-tier currencies. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Click below to register and getting your first $10.
Step 2 – Transfer Your ETH (Ethereum) or BTC (Bitcoin) to an Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Exchange now. Every exchange has a deposit form that is similar. CanonChain (CZR) is accessible 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 exact coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, et cetera. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our manual).
Step 3 – Find CanonChain (CZR) Once your deposit has been affirmed, you'll directly have access to your assets and you can launch purchasing and trading. To purchase CanonChain (CZR) on Binance, you'll want to go to the tab which is called “Exchange” and then mouse click on “Basic”. To discover CanonChain (CZR), you'll need to insert the shortname of the coin (CZR) into the search box, which is marked in the picture. Make sure you have choosen the proper pairing, we've marked this too. Click on “CZR/BTC” to continue.
Step 4 – Acquisition of CanonChain (CZR) After you have located CanonChain (CZR), you will be presented with a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the image). And now we are creating our Limit Order. The field with the “Price” tag will be automatically filled with the most latest tariff CanonChain (CZR) was traded for. You can change this to your favoured rate. The field with the “Amount” tag is the volumen of CZR you wish to buy. The ”Total” field is the total price in BTC that you'll pay for the whole volumen of CZR. If you're happy, make a mouse click on “Buy CZR”. Your plan will be filled as soon as a Vendor trades their CZR for the price you gave.
Step 5 – Withdraw CanonChain (CZR) Unless you're regularly trading, never keep your crypto on an Cryptocurrency Exchange for an extended time period. In order to withdraw your CanonChain (CZR), hover over the ”Funds” tab and mouse click on “Withdraw”. CanonChain (CZR) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate CanonChain (CZR) by using the provided drop-down box. Enter the amount of CanonChain (CZR) you would like to withdraw. Take into account the presented minimus/fees. Also make sure you have filled your correct withdraw address. When you're glad, make a mouse click on “Submit”. You could be asked for verfication via phone/email ahead of a withdrawal.