A Step-by-Step-Guide on how to buy ChessCoin (CHESS)
Step 1 – Signup to Kraken You will first need to buy units of the major coins. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Click the button below for registration and receive Funds.
Step 2 – Send Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Exchange Your Bitcoin or Ethereum has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. ChessCoin (CHESS) is available on Binance, so we're going to use that as an sample. Not sure on how to send Coinbase funds to an Crypto Exchange? (Just follow this guide) Make sure you have selected the precise coin you would like to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so on. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our how-to).
Step 3 – Locate ChessCoin (CHESS) As soon as your deposit has been confirmed, you'll instantly have access to your finances and you can initiate buying and trading. To purchase ChessCoin (CHESS) on Binance, you'll want to hover over the ”Exchange” tab and after that click on “Basic”. To spot ChessCoin (CHESS), you'll need to put the short name of the asset (CHESS) into the search box, which is highlighted in the graphic. Make sure you have choosen the correct grouping, we have highlighted this also. Click on “CHESS/BTC” to go on.
Step 4 – Buy ChessCoin (CHESS) As soon as you've spotted ChessCoin (CHESS), you'll be given a Price Chart (in the Center of the picture) and some Order Books (on the Left of the picture). For now we are going to create our Limit Order. The ”Price” field will be filled automatically with the up-to-date price ChessCoin (CHESS) was traded for. This can be changed to your preferred price. The field with the “Amount” tag is the amount of CHESS you want to purchase. The ”Total” field is the aggregated price in BTC that you will settle for the complete amount of CHESS. When you're happy, click on “Buy CHESS”. Your plan will be filled as soon as a Vender trades their CHESS for the price you introduced.
Step 5 – Withdraw ChessCoin (CHESS) Unless you're trading, best advise is not to keep coins on an Crypto Exchange for an extended time period. To take off your ChessCoin (CHESS), go to the ”Funds” tab and click on “Withdraw”. ChessCoin (CHESS) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find ChessCoin (CHESS) by using the given drop-down box. Drop in the volumen of ChessCoin (CHESS) you'd wish to take off. Take into account the presented fees/minimums. Also make sure you have entered your correct withdraw address. If you're glad, make a mouse click on “Submit”. You may be asked for phone/email verification ahead of a take off.