How to Buy ChallengeDAC (CHL)

A Step-by-Step-Guide on how to buy ChallengeDAC (CHL)

Step 1 – Join eToro

You'll first need to purchase one of the top-tier coins. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Follow the Link below for registration and getting yBTC (Bitcoin) or ETH (Ethereum).

Binance Signup
Step 2 – Transmit Your Ethereum or Bitcoin to an Exchange

Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. ChallengeDAC (CHL) is available on Binance, so we're going to use that as an illustration. Unsure on how to send funds from Coinbase to an Crypto Trader? (Just follow these easy steps)

Make sure you have selected the correct coin you would like to deposit.

BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so on. In the case you are using a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our how-to).

Step 3 – Locate (CHL) ChallengeDAC

Once your deposit has been approved, you will instantly have access to your assets and you can launch buying and trading. To invest in (CHL) ChallengeDAC on Binance, you'll want to hover over the tab which is called “Exchange” and after that click on “Basic”.

In order to locate (CHL) ChallengeDAC, you will need to insert the shortname of the coin (CHL) into the search box, which is marked in the picture. Be certain of having selected the proper pairing, we've marked this also. Click on “CHL/BTC” to proceed.

How to buy Coin on Binance 1 ChallengeDAC (CHL)
Step 4 – Acquisition of ChallengeDAC (CHL)

Once you've spotted ChallengeDAC (CHL), you'll be given a Price Chart (in the Center of the image) and some Order Books (Leftside of the picture). And now we are making our Limit Order.

The field with the “Price” tag will be filled with the most latest rate ChallengeDAC (CHL) was traded for. This can be changed to your favoured price. The “Amount” field is the volumen of CHL you want to purchase. The field with the “Total” tag is the whole price in Bitcoin that you'll settle for the complete volumen of CHL.

When you are satisfied, make a mouse click on “Buy CHL”. Your order will be filled when a Vendor trades their CHL for the price you introduced.

Step 5 – Withdraw ChallengeDAC (CHL)

Unless you're regularly trading, never keep your crypto on an Cryptocurrency Exchange for an extensive time frame. In order to take off your (CHL) ChallengeDAC, hover over the tab called “Funds” and click on “Withdraw”. ChallengeDAC (CHL) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate ChallengeDAC (CHL) by using the given drop-down box. Put into the quantity of ChallengeDAC (CHL) you would like to take off. Don't forget the displayed fees/minimums. Also make sure you have filled your precise withdraw address.

When you're glad, click on “Submit”. You could be asked for email/phone verification before a withdrawal.

Kudos! You've successfully bought and safed ChallengeDAC (CHL).

That's it!

Take offs from Exchange can durate anywhere from 1 – 30 minutes (rely on network usage). Once you've confirmed your withdrawal with Etherscan.io or Ethplorer.io and the ChallengeDAC (CHL) is stored inside your wallet, you are all done.