A Step-by-Step-Guide on how to buy Chromia (CHR)
Step 1 – Signup to Kraken In the beginning you'll need to buy units of the bigger currencies. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Click below for registration and receive BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Send Your Bitcoin or Ethereum to an Crypto Trader Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is alike. Chromia (CHR) is obtainable on Binance, so we're going to use that as an sample. Unsure on how to send Coinbase funds to an Crypto Trader? (Follow this manual) Make sure you've selected the correct coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so on. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Follow these easy steps).
Step 3 – Find Chromia (CHR) As soon as your deposit has been approved, you will immediately have access to your finances and you can begin purchasing and trading. To purchase Chromia (CHR) on Binance, you will want to hover over the ”Exchange” tab and mouse click on “Basic”. In order to find Chromia (CHR), you will need to put the shortname of the coin (CHR) into the search-box, which is marked in the picture. Be certain of having choosen the right pairing, we have marked this too. Click on “CHR/BTC” to proceed.
Step 4 – Purchasing Chromia (CHR) As soon as you've discovered Chromia (CHR), you will be presented with a Price Chart (in the Center of the image) and some Order Books (on the Left of the image). For now we're making our own Limit Order. The ”Price” field will be filled automatically with the latest price Chromia (CHR) was traded for. This can be changed to your desired rate. The field with the “Amount” tag is the quantity of CHR you like to purchase. The ”Total” field is the aggregated price in Bitcoin that you'll pay for the complete quantity of CHR. If you're happy, make a mouse click on “Buy CHR”. Your order will be filled as soon as a Seller sells their CHR for the price you offered.
Step 5 – Withdraw Chromia (CHR) Unless you are frequently trading, you should never keepyour crypto coins on an Crypto Exchange for an longer time frame. In order to take off your Chromia (CHR), go to the tab called “Funds” and click on “Withdraw”. Chromia (CHR) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Chromia (CHR) by using the provided drop-down box. Drop in the amount of Chromia (CHR) you'd wish to take off. Take into account the presented fees/minimums. Also make sure you have filled your precise withdraw address. When you are glad, click “Submit”. You could be asked for email/phone verification ahead of a take off.