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 – Send Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Exchange Your Bitcoin or Ethereum will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. Chiliz (CHZ) is obtainable on Binance, so we're going to use that as an illustration. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this how-to) Make sure you have chosen the correct coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so on. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our manual).
Step 3 – Locate Chiliz (CHZ) Once your deposit has been confirmed, you'll immediately have access to your assets and you can initiate invest and trading. To purchase Chiliz (CHZ) on Binance, you'll want to go to the ”Exchange” tab and click on “Basic”. To locate Chiliz (CHZ), you'll need to insert the shortname of the coin (CHZ) into the search-box, which is highlighted in the image. Make sure you have choosen the right pairing, we have highlighted this too. Click on “CHZ/BTC” to proceed.
Step 4 – Purchase Chiliz (CHZ) As soon as you have discovered Chiliz (CHZ), you will be given a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). For now we're going to make our own Limit Order. The ”Price” field will be filled automatically with the latest valuation Chiliz (CHZ) was traded for. You can change this to your preferred price. The field with the “Amount” tag is the amount of CHZ you like to purchase. The field with the “Total” tag is the total price in BTC that you'll settle for the complete amount of CHZ. When you are glad, make a mouse click on “Buy CHZ”. Your plan will be filled when a Seller trades their CHZ for the price you gave.
Step 5 – Withdraw Chiliz (CHZ) Unless you're regularly trading, best advise is not to keep your crypto on an Exchange for an extended time period. In order 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 example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Chiliz (CHZ) by using the given drop-down box. Drop in the quantity of Chiliz (CHZ) you'd wish to take off. Don't forget the demonstrated fees/minimums. Also make sure you have entered your right withdraw address. When you're satisfied, click on “Submit”. You may be asked for email/phone verification ahead of a withdrawal.