A Step-by-Step-Guide on how to buy CanonChain (CZR)
Step 1 – Signup to CEX.io In the beginning you'll need to purchase one of the major currencies. Exchanges usually accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Click the button below to register and getting your Ethereum or Bitcoin.
Step 2 – Send Your Bitcoin or Ethereum to an Cryptocurrency Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. CanonChain (CZR) is available on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this how-to) Make sure you've selected the precise coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so forth. In the case you are working with a decentralized exchange, like Airswap or DDEX could be opposed (Follow these easy steps).
Step 3 – Locate CanonChain (CZR) Once your deposit has been verified, you will now have access to your finances and you can start purchasing and trading. To invest in CanonChain (CZR) on Binance, you will want to go to the ”Exchange” tab and mouse click on “Basic”. In order to locate CanonChain (CZR), you will need to put the cointype (CZR) into the search-box, which is highlighted in the image. Be certain of having selected the right pairing, we've highlighted this also. Click on “CZR/BTC” to progress.
Step 4 – Purchasing CanonChain (CZR) As soon as you've found CanonChain (CZR), you will be presented with a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). Next we are going to make our Limit Order. The ”Price” field will be automatically filled with the recent price CanonChain (CZR) was traded for. This can be changed to your preferred rate. The field with the “Amount” tag is the quantity of CZR you like to purchase. The ”Total” field is the total price in BTC that you will pay for the complete quantity of CZR. If you're glad, make a mouse click on “Buy CZR”. Your order will be filled when a Vender trades their CZR for the price you submitted.
Step 5 – Withdraw CanonChain (CZR) Unless you are regularly trading, best advise is not to keep coins on an Cryptocurrency Exchange for an extensive time period. To take off your CanonChain (CZR), go to the tab called “Funds” and click on “Withdraw”. CanonChain (CZR) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate CanonChain (CZR) by using the provided drop-down box. Enter the amount of CanonChain (CZR) you'd like to take off. Take into account the shown fees/minimums. Also make sure you have entered your correct withdraw address. If you are happy, click on “Submit”. You may be requested for verfication via email/phone before a withdrawal.