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 Bitcoin or Ethereum to an Cryptocurrency Exchange Your Ethereum or Bitcoin will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. Chiliz (CHZ) is accessible on Binance, so we will use that as an illustration. Unsure on how to send Coinbase funds to an Crypto Exchange? (Follow these easy steps) Make sure you have selected the correct coin you want to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, etcetera. In the case you are dealing with a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our manual).
Step 3 – Find Chiliz (CHZ) As soon as your deposit has been verified, you'll directly have access to your finances and you can initiate buying and trading. To invest in Chiliz (CHZ) on Binance, you will want to go to the tab which is called “Exchange” and after that mouse click on “Basic”. In order to find Chiliz (CHZ), you'll need to put the short name of the asset (CHZ) into the search-box, which is marked in the graphic. Make sure you have selected the proper pairing, we've highlighted this too. Click on “CHZ/BTC” to go on.
Step 4 – Buying Chiliz (CHZ) As soon as you have discovered Chiliz (CHZ), you'll be given a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the picture). For now we are making our own Limit Order. The ”Price” field will be automatically filled with the most up-to-date valuation Chiliz (CHZ) was sold for. This can be changed to your desired price. The ”Amount” field is the amount of CHZ you like to purchase. The ”Total” field is the whole price in Bitcoin that you will settle for the whole quantity of CHZ. When you're happy, click on “Buy CHZ”. Your plan will be filled as soon as a Vender sells their CHZ for the price you submitted.
Step 5 – Withdraw Chiliz (CHZ) Unless you're regularly trading, you should never keepyour coins on an Exchange for an extended time period. In order to take off your Chiliz (CHZ), hover over the ”Funds” tab and mouse click on “Withdraw”. Chiliz (CHZ) can be securely stored using a Wallet, for instance 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. Don't forget the displayed fees/minimums. Also make sure you have filled your right withdraw address. When you're satisfied, make a mouse click on “Submit”. You could be requested for email/phone verification before a withdrawal.