A Step-by-Step-Guide on how to buy CryptoFranc (XCHF)
Step 1 – Signup to Coinbase and receive 10$ in Bitcoin In the beginning you'll need to buy units of the top-tier currencies. Exchanges usually accept either Ethereum or Bitcoin in exchange for Altcoins. Click the button below to register and receive Bitcoin or Ethereum.
Step 2 – Transfer Your Bitcoin or Ethereum to an Crypto Exchange Your Bitcoin or Ethereum will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is identical. CryptoFranc (XCHF) is accessible on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Exchange? (Just follow this how-to) Make sure you've selected the correct coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, et cetera. In the case you are using a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our manual).
Step 3 – Locate (XCHF) CryptoFranc As soon as your deposit has been confirmed, you will now have access to your assets and you can launch purchasing and trading. To buy CryptoFranc (XCHF) on Binance, you'll want to hover over the tab which is called “Exchange” and after that click on “Basic”. To discover (XCHF) CryptoFranc, you will need to insert the cointype (XCHF) into the search box, which is marked in the picture. Be certain of having selected the correct grouping, we have highlighted this too. Click on “XCHF/BTC” to progress.
Step 4 – Buying (XCHF) CryptoFranc After you've located CryptoFranc (XCHF), you'll be presented with a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). Next we are going to make our own Limit Order. The field with the “Price” tag will be automatically filled with the most recent rate CryptoFranc (XCHF) was sold for. You can change this to your preferred rate. The field with the “Amount” tag is the quantity of XCHF you like to purchase. The field with the “Total” tag is the total price in Bitcoin that you will settle for the whole quantity of XCHF. When you're glad, make a mouse click on “Buy XCHF”. Your order will be filled as soon as a Seller trades their XCHF for the price you introduced.
Step 5 – Withdraw (XCHF) CryptoFranc Unless you're regularly trading, never keep your coins on an Cryptocurrency Exchange for an longer time frame. To withdraw your (XCHF) CryptoFranc, hover over the “Funds” tab and mouse click on “Withdraw”. CryptoFranc (XCHF) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find CryptoFranc (XCHF) by using the provided drop-down box. Enter the quantity of CryptoFranc (XCHF) you'd like to withdraw. Take into account the presented minimus/fees. Also make sure you have entered your precise withdraw address. When you are glad, make a mouse click on “Submit”. You may be requested for verfication via email/phone ahead of a withdrawal.