A Step-by-Step-Guide on how to buy ChanCoin (CHAN) in Anguilla
Step 1 – Signup to Coinmama You'll first need to buy units of the bigger currencies. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click the button below for registration and getting your Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transfer Your Funds to an Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is alike. ChanCoin (CHAN) is accessible on Binance, so we will use that as an sample. Unsure on how to send funds from Coinbase to an Exchange? (Follow this manual) Make sure you've selected the right coin you wish to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so on. If you're using a decentralized exchange, like Airswap or DDEX could be divergent (Follow these easy steps).
Step 3 – Find ChanCoin (CHAN) As soon as your deposit has been affirmed, you'll now have access to your assets and you can commence buying and trading. To invest in ChanCoin (CHAN) on Binance, you will want to go to the ”Exchange” tab and then mouse click on “Basic”. In order to spot ChanCoin (CHAN), you'll need to put the cointype (CHAN) into the search-box, which is marked in the graphic. Make sure you have choosen the correct grouping, we've marked this also. Click on “CHAN/BTC” to go on.
Step 4 – Acquisition of ChanCoin (CHAN) After you have discovered ChanCoin (CHAN), you'll be presented with a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). For now we are going to create our own Limit Order. The field with the “Price” tag will be automatically filled with the most up-to-date tariff ChanCoin (CHAN) was sold for. You can change this to your desired price. The ”Amount” field is the volumen of CHAN you like to buy. The ”Total” field is the aggregated price in Bitcoin that you'll pay for the whole volumen of CHAN. When you are happy, click on “Buy CHAN”. Your order will be filled when a Vender trades their CHAN for the price you submitted.
Step 5 – Withdraw ChanCoin (CHAN) Unless you are frequently trading, never keep your crypto coins on an Crypto Exchange for an extensive period of time. To take off your ChanCoin (CHAN), hover over the ”Funds” tab and click on “Withdraw”. ChanCoin (CHAN) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find ChanCoin (CHAN) by using the provided drop-down box. Put into the quantity of ChanCoin (CHAN) you'd like to take off. Take into account the displayed minimus/fees. Also make sure you have entered your precise withdraw address. When you are satisfied, click “Submit”. You could be requested for phone/email verification before a withdrawal.
Kudos! You've successfully bought and stored ChanCoin (CHAN) in Anguilla.That's it! Take offs from Crypto Trader can durate between 1 – 30 minutes (rely on usage of the network). As soon as you have confirmed your withdrawal with Etherscan.io or Ethplorer.io and the ChanCoin (CHAN) is safe in your wallet, you are all done.
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