A Step-by-Step-Guide on how to buy ChanCoin (CHAN)
Step 1 – Signup to Coinbase – Get Free $10 In the beginning you'll need to purchase one of the major currencies. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Follow the Link below for registration and getting your welcome 10$.
Step 2 – Transfer Your Funds to an Cryptocurrency Exchange Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. ChanCoin (CHAN) is accessible on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this manual) Make sure you have chosen the right coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etcetera. If you are dealing with a decentralized exchange, like Airswap or DDEX could be divergent (Follow our manual).
Step 3 – Find (CHAN) ChanCoin As soon as your deposit has been approved, you will instantly have access to your assets and you can start purchasing and trading. To invest in (CHAN) ChanCoin on Binance, you will want to hover over the ”Exchange” tab and then mouse click on “Basic”. In order to discover (CHAN) ChanCoin, you will need to insert the shortname of the coin (CHAN) into the search box, which is highlighted in the image. Be certain of having choosen the correct grouping, we've highlighted this too. Click on “CHAN/BTC” to proceed.
Step 4 – Purchase ChanCoin (CHAN) After you have located ChanCoin (CHAN), you will be presented with a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). And now we are making our Limit Order. The ”Price” field will be automatically filled with the most up-to-date valuation ChanCoin (CHAN) was traded for. You can change this to your favoured price. The ”Amount” field is the volumen of CHAN you wish to purchase. The ”Total” field is the aggregated price in Bitcoin that you'll settle for the whole volumen of CHAN. If you are satisfied, make a mouse click on “Buy CHAN”. Your plan will be filled as soon as a Vender sells their CHAN for the price you gave.
Step 5 – Withdraw (CHAN) ChanCoin Unless you're frequently trading, never keep your crypto on an Crypto Exchange for an extended period of time. In order to withdraw your (CHAN) ChanCoin, go to the tab called “Funds” and mouse click on “Withdraw”. (CHAN) ChanCoin can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find (CHAN) ChanCoin by using the given drop-down box. Drop in the volumen of (CHAN) ChanCoin you would wish to withdraw. Take into account the demonstrated minimus/fees. Also make sure you have filled your right withdraw address. When you're satisfied, click “Submit”. You could be requested for verfication via phone/email ahead of a take off.