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 – Transmit Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Exchange

Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Exchange now. All exchanges have a deposit form that is similar. Chromia (CHR) is accessible on Binance, so we're going to use that as an illustration. Not sure on how to send Coinbase funds to an Crypto Trader? (Just follow this how-to)

Make sure you have selected the right coin you want to deposit.

Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, etcetera. In the case you're using a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our manual).

Step 3 – Find Chromia (CHR)

As soon as your deposit has been affirmed, you will directly have access to your finances and you can launch buying and trading. To buy Chromia (CHR) on Binance, you will want to go to the ”Exchange” tab and after that click on “Basic”.

In order to find Chromia (CHR), you'll need to put the shortname of the coin (CHR) into the search-box, which is highlighted in the graphic. Make sure you have selected the right grouping, we've marked this too. Click on “CHR/BTC” to progress.

Step 4 – Acquisition of Chromia (CHR)

As soon as you have found Chromia (CHR), you will be presented with a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the image). Next we're going to create our own Limit Order.

The field with the “Price” tag will be automatically filled with the most recent price Chromia (CHR) was traded for. You can change this to your preferred price. The field with the “Amount” tag is the volumen of CHR you like to purchase. The field with the “Total” tag is the total price in BTC that you will settle for the whole quantity of CHR.

When you're happy, make a mouse click on “Buy CHR”. Your order will be filled when a Vender trades their CHR for the price you introduced.

Step 5 – Withdraw Chromia (CHR)

Unless you're regularly trading, best advise is not to keep coins on an Exchange for an extensive time period. To withdraw your Chromia (CHR), go to the ”Funds” tab and mouse click on “Withdraw”. Chromia (CHR) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find Chromia (CHR) by using the given drop-down box. Drop in the volumen of Chromia (CHR) you would like to take off. Take into account the presented fees/minimums. Also make sure you have filled your precise withdraw address.

If you are happy, make a mouse click on “Submit”. You may be asked for verfication via phone/email before a withdrawal.