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How to Buy ChallengeDAC (CHL)

A Step-by-Step-Guide on how to buy ChallengeDAC (CHL)

Step 1 – Signup to CEX.io

You'll first need to purchase one of the top-tier currencies. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Follow the Link below for registration and receive your ETH (Ethereum) or BTC (Bitcoin).

Binance Signup
Step 2 – Transfer Your Bitcoin or Ethereum to an Crypto Exchange

Your Bitcoin or Ethereum will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is identical. ChallengeDAC (CHL) is obtainable on Binance, so we will use that as an illustration. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Just follow these easy steps)

Make sure you have chosen the correct coin you want to deposit.

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etcetera. In the case you're working with a decentralized exchange, like Airswap or DDEX could be divergent (Just follow these easy steps).

Step 3 – Find ChallengeDAC (CHL)

Once your deposit has been affirmed, you'll immediately have access to your assets and you can initiate purchasing and trading. To buy ChallengeDAC (CHL) on Binance, you'll want to hover over the tab which is called “Exchange” and after that click on “Basic”.

To discover ChallengeDAC (CHL), you'll need to put the cointype (CHL) into the search box, which is highlighted in the picture. Be certain of having choosen the correct grouping, we've highlighted this also. Click on “CHL/BTC” to go ahead.

{How to buy Coin on Binance 1|Binance How To Buy 1} ChallengeDAC (CHL)
Step 4 – Buying ChallengeDAC (CHL)

As soon as you've discovered ChallengeDAC (CHL), you will be presented with a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). For now we're creating our own Limit Order.

The field with the “Price” tag will be filled with the up-to-date rate ChallengeDAC (CHL) was sold for. This can be changed to your preferred price. The field with the “Amount” tag is the volumen of CHL you wish to buy. The field with the “Total” tag is the total price in BTC that you will settle for the complete volumen of CHL.

If you're satisfied, make a mouse click on “Buy CHL”. Your plan will be filled as soon as a Vendor trades their CHL for the price you introduced.

Step 5 – Withdraw ChallengeDAC (CHL)

Unless you are trading, best advise is not to keep your crypto coins on an Crypto Exchange for an longer time period. To take off your ChallengeDAC (CHL), go to the tab called “Funds” and click on “Withdraw”. ChallengeDAC (CHL) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate ChallengeDAC (CHL) by using the given drop-down box. Drop in the quantity of ChallengeDAC (CHL) you would like to take off. Don't forget the shown fees/minimums. Also make sure you have entered your precise withdraw address.

When you are glad, make a mouse click on “Submit”. You could be asked for verfication via phone/email before a withdrawal.

Congratulations! You have successfully bought and safed ChallengeDAC (CHL).

That's it!

Withdrawals from Crypto Exchange can durate between 1 – 30 minutes (rely on network usage). As soon as you've proved your withdrawal with Ethplorer.io or Etherscan.io and the ChallengeDAC (CHL) is safe inside your wallet, you're all done.

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