A Step-by-Step-Guide on how to buy ChessCoin (CHESS)
Step 1 – Join CEX.io You'll first need to purchase units of the bigger currencies. Exchanges normally accept either Ethereum or Bitcoin in exchange for Altcoins. Click below to register and getting your Ethereum or Bitcoin.
Step 2 – Transmit Your Bitcoin (BTC) or Ethereum (ETH) to an Exchange Your Bitcoin or Ethereum will need to be sent over to an Exchange now. All exchanges have a deposit form that is alike. ChessCoin (CHESS) is available on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Exchange? (Follow this guide) Make sure you have chosen the right coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so on. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow these easy steps).
Step 3 – Locate ChessCoin (CHESS) As soon as your deposit has been affirmed, you'll instantly have access to your assets and you can commence invest and trading. To buy ChessCoin (CHESS) on Binance, you'll want to hover over the tab which is called “Exchange” and then click on “Basic”. In order to find ChessCoin (CHESS), you'll need to put the cointype (CHESS) into the search box, which is highlighted in the picture. Make sure you have choosen the right grouping, we have highlighted this also. Click on “CHESS/BTC” to go on.
Step 4 – Acquisition of ChessCoin (CHESS) Once you have spotted ChessCoin (CHESS), you'll be given a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). And now we're going to make our Limit Order. The field with the “Price” tag will be filled with the most up-to-date price ChessCoin (CHESS) was sold for. This can be changed to your desired price. The field with the “Amount” tag is the volumen of CHESS you want to purchase. The ”Total” field is the total price in Bitcoin that you will pay for the whole volumen of CHESS. When you are happy, make a mouse click on “Buy CHESS”. Your plan will be filled when a Vender sells their CHESS for the price you offered.
Step 5 – Withdraw ChessCoin (CHESS) Unless you're frequently trading, never keep your coins on an Crypto Exchange for an extended time period. To take off your ChessCoin (CHESS), hover over the tab called “Funds” and mouse click on “Withdraw”. ChessCoin (CHESS) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find ChessCoin (CHESS) by using the provided drop-down box. Drop in the volumen of ChessCoin (CHESS) you'd wish to take off. Don't forget the shown minimus/fees. Also make sure you have entered your right withdraw address. If you're glad, click “Submit”. You could be asked for verfication via email/phone before a take off.