A Step-by-Step-Guide on how to buy ChessCoin (CHESS) in Anguilla
Step 1 – Signup to Coinmama You will first need to buy units of the top-tier coins. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Click below for registration and receive your ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Transmit Your Bitcoin (BTC) or Ethereum (ETH) to an Cryptocurrency Exchange Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is similar. ChessCoin (CHESS) is accessible on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Exchange? (Just follow these easy steps) Make sure you have chosen the exact coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an Ethereum deposit address, etc. In the case you are using a decentralized exchange, like Airswap or DDEX could be divergent (Follow these easy steps).
Step 3 – Find ChessCoin (CHESS) Once your deposit has been confirmed, you'll directly have access to your funds and you can initiate invest and trading. To invest in ChessCoin (CHESS) on Binance, you'll want to hover over the tab which is called “Exchange” and after that mouse click on “Basic”. In order to spot ChessCoin (CHESS), you will need to insert the shortname of the coin (CHESS) into the search box, which is marked in the graphic. Make sure you have selected the proper grouping, we've highlighted this too. Click on “CHESS/BTC” to advance.
Step 4 – Buy ChessCoin (CHESS) As soon as you have spotted ChessCoin (CHESS), you will be given a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). Next we are creating our own Limit Order. The field with the “Price” tag will be filled with the most latest rate ChessCoin (CHESS) was traded for. This can be changed to your preferred price. The ”Amount” field is the quantity of CHESS you wish to buy. The ”Total” field is the whole price in Bitcoin that you'll settle for the whole amount of CHESS. If you are glad, click on “Buy CHESS”. Your order will be filled as soon as a Vendor trades their CHESS for the price you introduced.
Step 5 – Withdraw ChessCoin (CHESS) Unless you're frequently trading, you should never keepyour crypto coins on an Cryptocurrency Exchange for an longer time period. In order to withdraw your ChessCoin (CHESS), go to the ”Funds” tab and mouse click on “Withdraw”. ChessCoin (CHESS) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find ChessCoin (CHESS) by using the provided drop-down box. Put into the quantity of ChessCoin (CHESS) you'd wish to take off. Don't forget the shown fees/minimums. Also make sure you have filled your precise withdraw address. If you are satisfied, click “Submit”. You may be requested for email/phone verification ahead of a take off.
Kudos! You've successfully bought and safed ChessCoin (CHESS) in Anguilla.That's it! Take offs from Cryptocurrency Exchange can durate between 1 – 30 minutes (depending on network usage). As soon as you've confirmed your take off with Etherscan.io or Ethplorer.io and the ChessCoin (CHESS) is safe within your wallet, you're all done.
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