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 – Transmit Your Funds to an Cryptocurrency Exchange

Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is identical. CanonChain (CZR) is available on Binance, so we will use that as an sample. Not sure on how to send funds from Coinbase to an Exchange? (Follow this manual)

Make sure you've chosen the precise coin you would like to deposit.

Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, etcetera. If you are dealing with a decentralized exchange, like Airswap or DDEX could be different (Follow our guide).

Step 3 – Locate CanonChain (CZR)

As soon as your deposit has been verified, you'll instantly have access to your assets and you can begin purchasing and trading. To purchase CanonChain (CZR) on Binance, you'll want to hover over the ”Exchange” tab and after that mouse click on “Basic”.

To locate CanonChain (CZR), you'll need to put the short name of the asset (CZR) into the search box, which is marked in the image. Make sure you have choosen the proper grouping, we have highlighted this too. Click on “CZR/BTC” to advance.

Step 4 – Purchase CanonChain (CZR)

After you've discovered CanonChain (CZR), you'll be presented with a Price Chart (in the Center of the image) and a few Order Books (on the Left of the picture). For now we are making our own Limit Order.

The field with the “Price” tag will be filled automatically with the most recent valuation CanonChain (CZR) was traded for. You can change this to your favoured rate. The field with the “Amount” tag is the quantity of CZR you like to purchase. The field with the “Total” tag is the total price in BTC that you'll pay for the complete amount of CZR.

When you're glad, click on “Buy CZR”. Your order will be filled as soon as a Vender trades their CZR for the price you offered.

Step 5 – Withdraw CanonChain (CZR)

Unless you're frequently trading, best advise is not to keep crypto coins on an Crypto Exchange for an longer time frame. To take off your CanonChain (CZR), hover over the ”Funds” tab and mouse click on “Withdraw”. CanonChain (CZR) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate CanonChain (CZR) by using the given drop-down box. Enter the volumen of CanonChain (CZR) you'd like to withdraw. Don't forget the demonstrated fees/minimums. Also make sure you have filled your correct withdraw address.

If you're glad, make a mouse click on “Submit”. You may be asked for phone/email verification ahead of a take off.