How to Buy Chiliz (CHZ)

A Step-by-Step-Guide on how to buy Chiliz (CHZ)

Step 1 – Join Kraken

You will first need to buy one of the major currencies. Exchanges usually accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Click the button below for registration and receive ETH (Ethereum) or BTC (Bitcoin).

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

Your Bitcoin or Ethereum has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is identical. Chiliz (CHZ) is accessible on Binance, so we will use that as an illustration. Not sure on how to send funds from Coinbase to an Exchange? (Follow these easy steps)

Make sure you've chosen the correct coin you wish to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, et cetera. If you are working with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our how-to).

Step 3 – Locate Chiliz (CHZ)

Once your deposit has been approved, you will instantly have access to your finances and you can begin buying and trading. To invest in Chiliz (CHZ) on Binance, you will want to hover over the tab which is called “Exchange” and then click on “Basic”.

To spot Chiliz (CHZ), you'll need to put the short name of the asset (CHZ) into the search-box, which is marked in the picture. Make sure you have selected the right pairing, we've highlighted this too. Click on “CHZ/BTC” to continue.

Binance Hot To Buy Chiliz (CHZ)
Binance How to Buy (CHZ) Chiliz
Step 4 – Purchasing Chiliz (CHZ)

Once you've located Chiliz (CHZ), you'll be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the image). For now we are going to create our own Limit Order.

The ”Price” field will be automatically filled with the most recent rate Chiliz (CHZ) was traded for. You can change this to your preferred price. The ”Amount” field is the quantity of CHZ you want to purchase. The ”Total” field is the total price in BTC that you will settle for the whole volumen of CHZ.

When you are glad, make a mouse click on “Buy CHZ”. Your order will be filled as soon as a Vendor sells their CHZ for the price you introduced.

Step 5 – Withdraw Chiliz (CHZ)

Unless you are frequently trading, you should never keepyour crypto coins on an Crypto Exchange for an extended time period. In order to withdraw your Chiliz (CHZ), hover over the ”Funds” tab and mouse click on “Withdraw”. Chiliz (CHZ) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Chiliz (CHZ) by using the provided drop-down box. Drop in the quantity of Chiliz (CHZ) you'd wish to withdraw. Take into account the shown minimus/fees. Also make sure you have entered your correct withdraw address.

When you are happy, click “Submit”. You could be requested for email/phone verification before a withdrawal.

Binance Withdraw

Congratulations! You have successfully purchased and stored Chiliz (CHZ).

That's it!

Withdrawals from Exchange can durate anywhere from 1 – 30 minutes (depending on network usage). As soon as you have proved your withdrawal with Ethplorer.io or Etherscan.io and the (CHZ) Chiliz is safe inside your wallet, you're finished.
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