How to Buy Chaincoin (CHC)

Step 1 – Join Kraken

You will first need to purchase one of the bigger currencies. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Click the button below for registration and to get ETH (Ethereum) or BTC (Bitcoin).

Step 2 – Transfer Your ETH (Ethereum) or BTC (Bitcoin) to an Cryptocurrency Exchange

Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is identical. Chaincoin (CHC) is accessible on Binance, so we're going to use that as an sample. Not sure on how to send Coinbase funds to an Crypto Trader? (Just follow this how-to)

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

BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etc. In the case you are working with a decentralized exchange, like Airswap or DDEX could be different (Follow our how-to).

Step 3 – Locate Chaincoin (CHC)

As soon as your deposit has been approved, you'll now have access to your funds and you can initiate invest and trading. To buy Chaincoin (CHC) on Binance, you will want to go to the tab which is called “Exchange” and after that mouse click on “Basic”.

To discover Chaincoin (CHC), you'll need to insert the cointype (CHC) into the search box, which is highlighted in the graphic. Be certain of having selected the correct grouping, we've marked this too. Click on “CHC/BTC” to proceed.

Step 4 – Buying Chaincoin (CHC)

Once you have spotted Chaincoin (CHC), you'll be presented with a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). And now we're making our own Limit Order.

The field with the “Price” tag will be automatically filled with the most up-to-date price Chaincoin (CHC) was sold for. This can be changed to your desired rate. The field with the “Amount” tag is the amount of CHC you want to purchase. The ”Total” field is the aggregated price in Bitcoin that you'll pay for the whole amount of CHC.

If you are glad, make a mouse click on “Buy CHC”. Your order will be filled as soon as a Seller trades their CHC for the price you offered.

Step 5 – Withdraw Chaincoin (CHC)

Unless you are frequently trading, you should never keepyour coins on an Crypto Exchange for an extended time period. To withdraw your Chaincoin (CHC), hover over the tab called “Funds” and click on “Withdraw”. Chaincoin (CHC) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find Chaincoin (CHC) by using the provided drop-down box. Enter the quantity of Chaincoin (CHC) you would like to withdraw. Don't forget the shown fees/minimums. Also make sure you have entered your right withdraw address.

When you're satisfied, click “Submit”. You may be requested for email/phone verification ahead of a withdrawal.