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).
Step 2 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Trader Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is identical. Chiliz (CHZ) is accessible on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Exchange? (Follow this how-to) Make sure you've chosen the precise coin you wish to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, and so on. If you're working with a decentralized exchange, such as Airswap or DDEX could be different (Follow our guide).
Step 3 – Locate Chiliz (CHZ) Once your deposit has been verified, you will instantly have access to your funds and you can start purchasing and trading. To buy Chiliz (CHZ) on Binance, you will want to go to the tab which is called “Exchange” and after that click on “Basic”. In order to find Chiliz (CHZ), you will need to insert the cointype (CHZ) into the search box, which is marked in the picture. Make sure you have selected the right pairing, we have marked this too. Click on “CHZ/BTC” to advance.
Step 4 – Buy Chiliz (CHZ) After you have located Chiliz (CHZ), you'll be given a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the image). And now we are going to create our own Limit Order. The field with the “Price” tag will be filled with the most recent price Chiliz (CHZ) was sold for. This can be changed to your desired rate. The ”Amount” field is the volumen of CHZ you want to purchase. The field with the “Total” tag is the whole price in BTC that you will pay for the whole quantity of CHZ. When you are glad, make a mouse click on “Buy CHZ”. Your order will be filled when a Vendor sells their CHZ for the price you introduced.
Step 5 – Withdraw Chiliz (CHZ) Unless you are regularly trading, never keep your crypto on an Exchange for an longer time period. To take off your Chiliz (CHZ), go to the ”Funds” tab and click on “Withdraw”. Chiliz (CHZ) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Chiliz (CHZ) by using the provided drop-down box. Put into the quantity of Chiliz (CHZ) you would like to withdraw. Don't forget the shown fees/minimums. Also make sure you have filled your right withdraw address. If you are satisfied, click “Submit”. You could be requested for email/phone verification ahead of a take off.
Kudos! You've successfully purchased and safed Chiliz (CHZ).That's it! Take offs from Crypto Exchange can take between 1 – 30 minutes (rely on network usage). Once you've proved your withdrawal using Etherscan.io or Ethplorer.io and the (CHZ) Chiliz is safe inside your wallet, you are all done.
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