A Step-by-Step-Guide on how to buy CanonChain (CZR)
Step 1 – Signup to Kraken You will first need to buy units of the bigger currencies. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Click below for registration and getting BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Send Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Trader Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is similar. CanonChain (CZR) is accessible on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Crypto Trader? (Follow these easy steps) Make sure you have selected the right coin you wish to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etcetera. If you're working with a decentralized exchange, like Airswap or DDEX could be divergent (Follow our manual).
Step 3 – Locate CanonChain (CZR) Once your deposit has been approved, you will immediately have access to your funds and you can initiate buying and trading. To purchase CanonChain (CZR) on Binance, you will want to go to the tab which is called “Exchange” and then mouse click on “Basic”. To spot CanonChain (CZR), you will need to insert the shortname of the coin (CZR) into the search-box, which is marked in the picture. Make sure you have selected the correct pairing, we have marked this also. Click on “CZR/BTC” to go on.
Step 4 – Acquisition of CanonChain (CZR) As soon as you've spotted CanonChain (CZR), you'll be presented with a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). Next we're making our own Limit Order. The ”Price” field will be automatically filled with the most up-to-date price CanonChain (CZR) was sold for. This can be changed to your desired price. The ”Amount” field is the amount of CZR you want to buy. The field with the “Total” tag is the total price in Bitcoin that you will pay for the whole quantity of CZR. When you are glad, click on “Buy CZR”. Your plan will be filled as soon as a Vendor trades their CZR for the price you offered.
Step 5 – Withdraw CanonChain (CZR) Unless you're frequently trading, best advise is not to keep your coins on an Exchange for an extensive time period. In order to take off your CanonChain (CZR), go to the tab called “Funds” and mouse click on “Withdraw”. CanonChain (CZR) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find CanonChain (CZR) by using the given drop-down box. Drop in the amount of CanonChain (CZR) you would wish to take off. Take into account the demonstrated 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 email/phone ahead of a withdrawal.