A Step-by-Step-Guide on how to buy Chess Coin (CHESS)
Step 1 – Signup to Kraken You'll first need to buy one of the top-tier currencies. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Follow the Link below to register and getting Ethereum or Bitcoin.
Step 2 – Transmit Your Bitcoin or Ethereum to an Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Exchange now. Every exchange has a deposit form that is similar. Chess Coin (CHESS) is accessible on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Exchange? (Follow this how-to) Make sure you have selected the right coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etcetera. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our manual).
Step 3 – Locate Chess Coin (CHESS) Once your deposit has been confirmed, you will now have access to your finances and you can start buying and trading. To invest in Chess Coin (CHESS) on Binance, you will want to go to the tab which is called “Exchange” and then mouse click on “Basic”. In order to spot Chess Coin (CHESS), you will need to insert the short name of the asset (CHESS) into the search box, which is highlighted in the image. Make sure you have selected the right pairing, we've highlighted this also. Click on “CHESS/BTC” to advance.
Step 4 – Acquisition of Chess Coin (CHESS) Once you have located Chess Coin (CHESS), you will be presented with a Price Chart (in the Center of the image) and some Order Books (on the Left of the image). And now we're creating our own Limit Order. The ”Price” field will be filled automatically with the most up-to-date price Chess Coin (CHESS) was traded for. You can change this to your favoured rate. The field with the “Amount” tag is the volumen of CHESS you want to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you'll pay for the complete volumen of CHESS. If you are glad, click on “Buy CHESS”. Your plan will be filled when a Vender sells their CHESS for the price you offered.
Step 5 – Withdraw Chess Coin (CHESS) Unless you're frequently trading, you should never keepyour crypto on an Exchange for an extended period of time. In order to take off your Chess Coin (CHESS), go to the ”Funds” tab and click on “Withdraw”. Chess Coin (CHESS) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Chess Coin (CHESS) by using the provided drop-down box. Drop in the volumen of Chess Coin (CHESS) you would like to take off. Don't forget the displayed minimus/fees. Also make sure you have filled your right withdraw address. If you're satisfied, click on “Submit”. You may be requested for verfication via phone/email ahead of a withdrawal.