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 – Transmit Your BTC (Bitcoin) or ETH (Ethereum) to an Exchange Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is alike. Chiliz (CHZ) is available on Binance, so we're going to use that as an example. Unsure on how to send Coinbase funds to an Crypto Exchange? (Just follow this how-to) Make sure you've chosen the right coin you wish to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, et cetera. In the case you are using a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our manual).
Step 3 – Locate Chiliz (CHZ) As soon as your deposit has been verified, you'll now have access to your assets and you can launch invest and trading. To buy Chiliz (CHZ) on Binance, you will want to hover over the tab which is called “Exchange” and then mouse click on “Basic”. In order to spot Chiliz (CHZ), you will need to put the cointype (CHZ) into the search-box, which is marked in the image. Make sure you have choosen the right grouping, we've marked this also. Click on “CHZ/BTC” to progress.
Step 4 – Buy Chiliz (CHZ) Once you've located Chiliz (CHZ), you'll be given a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). Next we are going to create our own Limit Order. The ”Price” field will be automatically filled with the most latest valuation Chiliz (CHZ) was traded for. You can change this to your favoured price. The field with the “Amount” tag is the quantity of CHZ you want to purchase. The ”Total” field is the whole price in BTC that you'll pay for the complete quantity of CHZ. If you're satisfied, make a mouse click on “Buy CHZ”. Your order will be filled when a Seller trades their CHZ for the price you submitted.
Step 5 – Withdraw Chiliz (CHZ) Unless you are regularly trading, you should never keepyour crypto coins on an Exchange for an extensive time period. In order to take off your Chiliz (CHZ), go to the ”Funds” tab and click on “Withdraw”. Chiliz (CHZ) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Chiliz (CHZ) by using the given drop-down box. Enter the quantity of Chiliz (CHZ) you'd wish to take off. Take into account the displayed fees/minimums. Also make sure you have entered your precise withdraw address. If you are happy, make a mouse click on “Submit”. You could be asked for verfication via email/phone before a take off.