A Step-by-Step-Guide on how to buy ChessCoin (CHESS)
Step 1 – Signup to CEX.io You will first need to purchase one of the top-tier coins. Exchanges usually accept either Bitcoin or Ethereum in exchange for Altcoins. Follow the Link below to register and to get your Bitcoin or Ethereum.
Step 2 – Send Your Funds to an Crypto Exchange Your Ethereum or Bitcoin will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. ChessCoin (CHESS) is available on Binance, so we will use that as an sample. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Follow this how-to) Make sure you have selected the right coin you wish to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, et cetera. If you are working with a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our manual).
Step 3 – Find (CHESS) ChessCoin As soon as your deposit has been verified, you'll instantly have access to your assets and you can commence purchasing and trading. To purchase (CHESS) ChessCoin on Binance, you'll want to go to the tab which is called “Exchange” and after that mouse click on “Basic”. To discover (CHESS) ChessCoin, you'll need to insert the cointype (CHESS) into the search-box, which is marked in the image. Make sure you have choosen the right grouping, we've marked this also. Click on “CHESS/BTC” to proceed.
Step 4 – Purchasing ChessCoin (CHESS) After you have found ChessCoin (CHESS), you will be presented with a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). For now we're going to create our Limit Order. The ”Price” field will be filled automatically with the latest price ChessCoin (CHESS) was traded for. You can change this to your preferred price. The ”Amount” field is the quantity of CHESS you want to purchase. The ”Total” field is the aggregated price in Bitcoin that you will settle for the complete quantity of CHESS. If you are satisfied, click on “Buy CHESS”. Your plan will be filled as soon as a Vender sells their CHESS for the price you gave.
Step 5 – Withdraw ChessCoin (CHESS) Unless you're regularly trading, best advise is not to keep crypto coins on an Exchange for an extensive time frame. In order to take off your ChessCoin (CHESS), hover over the ”Funds” tab and click on “Withdraw”. ChessCoin (CHESS) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate ChessCoin (CHESS) by using the given drop-down box. Put into the volumen of ChessCoin (CHESS) you would like to take off. Take into account the displayed minimus/fees. Also make sure you have entered your right withdraw address. If you're happy, click on “Submit”. You may be asked for email/phone verification before a take off.