Skip to content Skip to footer

How to Buy ChallengeDAC (CHL)

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

Step 1 – Signup to CEX.io

You will first need to purchase units of the top-tier coins. Exchanges normally accept either Ethereum or Bitcoin in exchange for alternative Coins. Click below for registration and receive your Ethereum or Bitcoin.

Binance Signup
Step 2 – Send Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Exchange

Your Ethereum or Bitcoin will need to be sent over to an Crypto Exchange now. Every exchange has 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 Coinbase funds to an Crypto Exchange? (Just follow this how-to)

Make sure you've chosen the right coin you wish to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, et cetera. If you are working with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our guide).

Step 3 – Find (CHL) ChallengeDAC

As soon as your deposit has been affirmed, you will now have access to your assets and you can start invest and trading. To purchase (CHL) ChallengeDAC on Binance, you will want to hover over the tab which is called “Exchange” and then click on “Basic”.

To find (CHL) ChallengeDAC, you will need to insert the short name of the asset (CHL) into the search-box, which is highlighted in the image. Make sure you have selected the proper pairing, we have highlighted this too. Click on “CHL/BTC” to go on.

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

As soon as you have discovered (CHL) ChallengeDAC, you will be presented with a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). Next we're going to create our Limit Order.

The field with the “Price” tag will be filled with the most up-to-date tariff (CHL) ChallengeDAC was traded for. You can change this to your preferred price. The ”Amount” field is the quantity of CHL you like to buy. The ”Total” field is the whole price in Bitcoin that you will settle for the whole quantity of CHL.

When you are satisfied, click on “Buy CHL”. Your order will be filled as soon as a Vender trades their CHL for the price you introduced.

Step 5 – Withdraw (CHL) ChallengeDAC

Unless you're trading, you should never keepyour crypto on an Crypto Trader for an extensive time period. In order to withdraw your (CHL) ChallengeDAC, go to the tab called “Funds” and click on “Withdraw”. (CHL) ChallengeDAC can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find (CHL) ChallengeDAC by using the given drop-down box. Enter the quantity of (CHL) ChallengeDAC you'd wish to withdraw. Take into account the displayed minimus/fees. Also make sure you have entered your precise withdraw address.

When you're satisfied, make a mouse click on “Submit”. You could be requested for email/phone verification before a withdrawal.

Kudos! You have successfully bought and stored ChallengeDAC (CHL).

That's it!

Withdrawals from Exchange can take anywhere from 1 – 30 minutes (rely on network usage). As soon as you have confirmed your withdrawal with Etherscan.io or Ethplorer.io and the ChallengeDAC (CHL) is safe in your wallet, you are finished.

Some other Guides on How to buy different Altcoins

How to Buy BZH TOKEN
How to Buy PWR Coin
How to Buy Altcoins