How to Buy Chaincoin (CHC)

A Step-by-Step-Guide on 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).

Binance Signup
Step 2 – Transmit Your Ethereum (ETH) or Bitcoin (BTC) to an Cryptocurrency Exchange

Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is alike. Chaincoin (CHC) is available on Binance, so we're going to use that as an illustration. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this how-to)

Make sure you have chosen the right coin you would like to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, et cetera. In the case you're working with a decentralized exchange, like Airswap or DDEX could be different (Follow these easy steps).

Step 3 – Find Chaincoin (CHC)

As soon as your deposit has been confirmed, you'll directly have access to your funds and you can commence buying and trading. To purchase Chaincoin (CHC) on Binance, you'll want to go to the ”Exchange” tab and then mouse click on “Basic”.

To locate Chaincoin (CHC), you'll need to put the shortname of the coin (CHC) into the search box, which is highlighted in the graphic. Make sure you have selected the right pairing, we have highlighted this too. Click on “CHC/BTC” to go on.

Binance Hot To Buy Chaincoin (CHC)
Binance How to Buy (CHC) Chaincoin
Step 4 – Acquisition of Chaincoin (CHC)

As soon as you have spotted Chaincoin (CHC), you will be given a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). For now we are going to make our Limit Order.

The field with the “Price” tag will be automatically filled with the recent price Chaincoin (CHC) was traded for. You can change this to your preferred price. The ”Amount” field is the quantity of CHC you like to buy. The ”Total” field is the whole price in Bitcoin that you will pay for the whole quantity of CHC.

When you're glad, make a mouse click on “Buy CHC”. Your plan will be filled as soon as a Vendor sells their CHC for the price you gave.

Step 5 – Withdraw Chaincoin (CHC)

Unless you're regularly trading, never keep your coins on an Exchange for an extended period of time. To withdraw your Chaincoin (CHC), go to the tab called “Funds” and click on “Withdraw”. Chaincoin (CHC) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Chaincoin (CHC) by using the given drop-down box. Drop in the quantity of Chaincoin (CHC) you'd wish to withdraw. Don't forget the demonstrated minimus/fees. Also make sure you have entered your precise withdraw address.

When you're satisfied, make a mouse click on “Submit”. You may be requested for email/phone verification before a take off.

Binance Withdraw

Congrats! You have successfully purchased and safed Chaincoin (CHC).

That's it!

Take offs from Crypto Exchange can take anywhere from 1 – 30 minutes (rely on usage of the network). As soon as you've confirmed your withdrawal with Ethplorer.io or Etherscan.io and the (CHC) Chaincoin is stored within your wallet, you're done.

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