How to Buy ChallengeDAC (CHL)

A Step-by-Step-Guide on how to buy ChallengeDAC (CHL)

Step 1 – Signup to Coinbase and get 10$ for free

You will first need to buy one of the top-tier currencies. Exchanges normally accept either Bitcoin or Ethereum in exchange for Altcoins. Follow the Link below for registration and to get your welcome 10$.

Coinbase Free Bitcoin

Binance Signup
Step 2 – Transfer Your Funds to an Crypto Exchange

Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. ChallengeDAC (CHL) is available on Binance, so we're going to use that as an illustration. Not sure on how to send Coinbase funds to an Crypto Exchange? (Just follow this guide)

Make sure you have selected the correct coin you would like to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, et cetera. If you're using a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our guide).

Step 3 – Locate (CHL) ChallengeDAC

As soon as your deposit has been approved, you will immediately have access to your finances and you can initiate purchasing and trading. To purchase (CHL) ChallengeDAC on Binance, you will want to go to the tab which is called “Exchange” and then click on “Basic”.

To discover (CHL) ChallengeDAC, you will need to insert the shortname of the coin (CHL) into the search box, which is highlighted in the graphic. Be certain of having selected the correct pairing, we have highlighted this also. Click on “CHL/BTC” to advance.

Binance Hot To Buy ChallengeDAC (CHL)
Binance How to Buy (CHL) ChallengeDAC
Step 4 – Purchase ChallengeDAC (CHL)

Once you've discovered ChallengeDAC (CHL), you'll be presented with a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). For now we're making our own Limit Order.

The ”Price” field will be filled with the recent valuation ChallengeDAC (CHL) was traded for. You can change this to your desired rate. The ”Amount” field is the volumen of CHL you like to purchase. The field with the “Total” tag is the whole price in Bitcoin that you will settle for the complete volumen of CHL.

When you are happy, click on “Buy CHL”. Your order will be filled when a Seller trades their CHL for the price you submitted.

Step 5 – Withdraw ChallengeDAC (CHL)

Unless you're trading, best advise is not to keep crypto on an Cryptocurrency Exchange for an extensive time period. To take off your ChallengeDAC (CHL), go to the tab called “Funds” and click on “Withdraw”. ChallengeDAC (CHL) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find ChallengeDAC (CHL) by using the given drop-down box. Put into the quantity of ChallengeDAC (CHL) you'd wish to take off. Don't forget the displayed fees/minimums. Also make sure you have entered your right withdraw address.

When you're satisfied, make a mouse click on “Submit”. You could be asked for verfication via email/phone before a withdrawal.

Binance Withdraw

Congrats! You have successfully purchased and safed ChallengeDAC (CHL).

That's it!

Take offs from Exchange can durate anywhere from 1 – 30 minutes (depending on usage of the network). Once you've proved your take off with Etherscan.io or Ethplorer.io and the ChallengeDAC (CHL) is safe inside your wallet, you're all done.