A Step-by-Step-Guide on how to buy Chonk (CHONK)
Step 1 – Signup to Coinbase and get 10$ for free In the beginning you'll need to buy units of the top-tier coins. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Follow the Link below for registration and getting your first $10.
Step 2 – Send Your Ethereum or Bitcoin to an Crypto Exchange Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. Chonk (CHONK) is obtainable on Binance, so we're going to use that as an illustration. Not sure on how to send Coinbase funds to an Crypto Exchange? (Follow this guide) Make sure you've chosen the precise coin you would like to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etcetera. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be different (Follow these easy steps).
Step 3 – Find (CHONK) Chonk As soon as your deposit has been approved, you'll directly have access to your finances and you can commence buying and trading. To invest in (CHONK) Chonk on Binance, you'll want to hover over the ”Exchange” tab and then mouse click on “Basic”. In order to spot (CHONK) Chonk, you'll need to put the short name of the asset (CHONK) into the search box, which is marked in the picture. Make sure you have choosen the correct grouping, we have marked this also. Click on “CHONK/BTC” to progress.
Step 4 – Acquisition of (CHONK) Chonk Once you have spotted (CHONK) Chonk, you'll be given a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). For now we are going to make our own Limit Order. The field with the “Price” tag will be filled with the recent rate (CHONK) Chonk was sold for. This can be changed to your preferred rate. The ”Amount” field is the volumen of CHONK you like to purchase. The ”Total” field is the whole price in Bitcoin that you'll settle for the complete volumen of CHONK. If you are happy, click on “Buy CHONK”. Your plan will be filled as soon as a Seller sells their CHONK for the price you introduced.
Step 5 – Withdraw (CHONK) Chonk Unless you are regularly trading, best advise is not to keep your coins on an Crypto Exchange for an extended time period. In order to withdraw your (CHONK) Chonk, hover over the tab called “Funds” and click on “Withdraw”. (CHONK) Chonk can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find (CHONK) Chonk by using the given drop-down box. Drop in the volumen of (CHONK) Chonk you would like to withdraw. Take into account the displayed fees/minimums. Also make sure you have entered your precise withdraw address. When you are glad, make a mouse click on “Submit”. You could be requested for email/phone verification before a take off.