How to Buy ChallengeDAC (CHL)

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

Step 1 – Join CEX.io

You will first need to buy one of the bigger coins. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Click the button below to register and getting Ethereum (ETH) or Bitcoin (BTC).

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

Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. ChallengeDAC (CHL) is obtainable on Binance, so we will use that as an illustration. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this how-to)

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

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, et cetera. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our manual).

Step 3 – Locate ChallengeDAC (CHL)

Once your deposit has been confirmed, you will directly have access to your finances and you can commence invest and trading. To buy ChallengeDAC (CHL) on Binance, you will want to hover over the ”Exchange” tab and after that click on “Basic”.

To locate ChallengeDAC (CHL), you will need to put the shortname of the coin (CHL) into the search-box, which is highlighted in the image. Make sure you have selected the right pairing, we have highlighted this also. Click on “CHL/BTC” to proceed.

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

Once you have located ChallengeDAC (CHL), you will be given a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). Next we are making our Limit Order.

The field with the “Price” tag will be filled automatically with the most up-to-date tariff ChallengeDAC (CHL) was traded for. This can be changed to your desired rate. The ”Amount” field is the amount of CHL you wish to buy. The ”Total” field is the whole price in Bitcoin that you'll pay for the whole amount of CHL.

If you are glad, click on “Buy CHL”. Your plan will be filled as soon as a Vendor trades their CHL for the price you introduced.

Step 5 – Withdraw ChallengeDAC (CHL)

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

Find ChallengeDAC (CHL) by using the provided drop-down box. Enter the volumen of ChallengeDAC (CHL) you would wish to withdraw. Don't forget the shown fees/minimums. Also make sure you have filled your correct withdraw address.

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

Binance Withdraw

Congratulations! You have successfully bought and stored ChallengeDAC (CHL).

That's it!

Withdrawals from Exchange can durate anywhere from 1 – 30 minutes (rely on network usage). Once you have confirmed your take off using Etherscan.io or Ethplorer.io and the ChallengeDAC (CHL) is safe within your wallet, you're done.