A Step-by-Step-Guide on how to buy Chiliz (CHZ)
Step 1 – Signup to CEX.io In the beginning you'll need to purchase one of the major currencies. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Click the button below for registration and receive your Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transmit Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Exchange Your Bitcoin or Ethereum has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. Chiliz (CHZ) is accessible on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this manual) Make sure you have selected the correct coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etcetera. In the case you are using a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our guide).
Step 3 – Locate Chiliz (CHZ) As soon as your deposit has been approved, you'll now have access to your assets and you can begin invest and trading. To purchase Chiliz (CHZ) on Binance, you'll want to go to the ”Exchange” tab and click on “Basic”. To find Chiliz (CHZ), you'll need to insert the short name of the asset (CHZ) into the search-box, which is highlighted in the graphic. Be certain of having selected the right pairing, we've highlighted this too. Click on “CHZ/BTC” to go ahead.
Step 4 – Purchase Chiliz (CHZ) As soon as you have discovered Chiliz (CHZ), you'll be given a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the image). And now we are making our Limit Order. The field with the “Price” tag will be filled with the most up-to-date price Chiliz (CHZ) was sold for. You can change this to your desired price. The ”Amount” field is the volumen of CHZ you wish to buy. The ”Total” field is the whole price in Bitcoin that you'll settle for the whole volumen of CHZ. When you are satisfied, click on “Buy CHZ”. Your order will be filled when a Seller sells their CHZ for the price you introduced.
Step 5 – Withdraw Chiliz (CHZ) Unless you are trading, best advise is not to keep your crypto coins on an Crypto Exchange for an longer time frame. In order to withdraw your Chiliz (CHZ), go to the tab called “Funds” and click on “Withdraw”. Chiliz (CHZ) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Chiliz (CHZ) by using the given drop-down box. Enter the quantity of Chiliz (CHZ) you would wish to withdraw. Don't forget the presented fees/minimums. Also make sure you have entered your right withdraw address. When you are satisfied, click “Submit”. You may be asked for verfication via email/phone before a take off.