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 – Send Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Exchange Your Ethereum or Bitcoin will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is alike. ChessCoin (CHESS) is accessible on Binance, so we will use that as an illustration. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this guide) Make sure you have selected the precise coin you want to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etcetera. If you're working with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our guide).
Step 3 – Find ChessCoin (CHESS) As soon as your deposit has been affirmed, you will directly have access to your assets and you can initiate buying and trading. To purchase ChessCoin (CHESS) on Binance, you will want to hover over the ”Exchange” tab and then mouse click on “Basic”. To discover ChessCoin (CHESS), you will need to put the shortname of the coin (CHESS) into the search box, which is highlighted in the picture. Be certain of having choosen the proper grouping, we have marked this also. Click on “CHESS/BTC” to proceed.
Step 4 – Buying ChessCoin (CHESS) Once you've discovered ChessCoin (CHESS), you'll be given a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). For now we are making our own Limit Order. The ”Price” field will be automatically filled with the most recent valuation ChessCoin (CHESS) was traded for. This can be changed to your favoured price. The field with the “Amount” tag is the amount of CHESS you like to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you will pay for the complete volumen of CHESS. If you are satisfied, make a mouse click on “Buy CHESS”. Your order will be filled when a Vendor trades their CHESS for the price you introduced.
Step 5 – Withdraw ChessCoin (CHESS) Unless you are regularly trading, you should never keepyour crypto on an Exchange for an extended time period. In order to take off your ChessCoin (CHESS), hover over the tab called “Funds” and click on “Withdraw”. ChessCoin (CHESS) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find ChessCoin (CHESS) by using the given drop-down box. Enter the volumen of ChessCoin (CHESS) you would like to take off. Don't forget the presented minimus/fees. Also make sure you have filled your precise withdraw address. If you are satisfied, click “Submit”. You could be requested for verfication via phone/email ahead of a withdrawal.