A Step-by-Step-Guide on how to buy Chromia (CHR)
Step 1 – Signup to CEX.io You'll first need to purchase units of the bigger currencies. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Click the button below for registration and receive your Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Transmit Your Bitcoin (BTC) or Ethereum (ETH) to an Cryptocurrency Exchange Your Ethereum or Bitcoin will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is alike. Chromia (CHR) is obtainable on Binance, so we're going to use that as an example. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this how-to) Make sure you've selected the correct coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etcetera. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be different (Follow our how-to).
Step 3 – Find Chromia (CHR) As soon as your deposit has been affirmed, you will immediately have access to your funds and you can initiate buying and trading. To purchase Chromia (CHR) on Binance, you will want to hover over the ”Exchange” tab and after that click on “Basic”. To locate Chromia (CHR), you will need to put the short name of the asset (CHR) into the search-box, which is highlighted in the graphic. Make sure you have choosen the proper grouping, we have highlighted this too. Click on “CHR/BTC” to continue.
Step 4 – Acquisition of (CHR) Chromia After you've found (CHR) Chromia, you'll be given a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the image). And now we're creating our Limit Order. The ”Price” field will be filled automatically with the most recent price (CHR) Chromia was traded for. This can be changed to your favoured rate. The ”Amount” field is the volumen of CHR you wish to purchase. The field with the “Total” tag is the aggregated price in BTC that you'll settle for the whole volumen of CHR. If you are happy, make a mouse click on “Buy CHR”. Your order will be filled as soon as a Vendor trades their CHR for the price you submitted.
Step 5 – Withdraw Chromia (CHR) Unless you're regularly trading, you should never keepyour coins on an Cryptocurrency Exchange for an longer time frame. To take off your Chromia (CHR), hover over the tab called “Funds” and click on “Withdraw”. Chromia (CHR) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Chromia (CHR) by using the provided drop-down box. Enter the quantity of Chromia (CHR) you would like to take off. Don't forget the shown fees/minimums. Also make sure you have entered your precise withdraw address. If you're satisfied, click on “Submit”. You may be requested for email/phone verification ahead of a withdrawal.