ChronoBank - How to buy TIME with Changelly
In this article of the ‘How-To’ series, we’ll talk about how to buy ChronoBank TIME using exchange service Changelly.
What is Changelly? Changelly is an instant cryptocurrency exchange providing the best crypto-to-crypto rates on the market. Using Changelly is a good option for people who new to the crypto world and not very familiar with how exchanges work. Yes, you do need to pay commission for the service but it’s very reasonable and the whole exchange process is made quite simple and easy to complete.
How it works? Changelly’s robot is integrated into the largest cryptocurrency trading platforms, such as Poloniex and Bittrex. In milliseconds, the robot makes bids and asks on the platforms, then selects and suggests the best available rate that shows up on the homepage. To learn more about the process, see this article.
Step 1: Go to https://changelly.com and choose trading pair. In our example, we are exchanging 1 ETH to TIME. So we’ve selected ETH from the left dropdown menu and TIME from the right one. Next, we’ve entered 1 as the ETH amount we would like to change.
You can use other pairs. For example BTC/TIME or LTC/TIME. At the moment, Changelly offers 70+ different crypto currencies.
Step 2: Provide a receiver address
Provide address of your wallet (we recommend to use ChronoMint) where TIME will be transferred to.
We recommend to always double check the first and last few characters of the inserted address to ensure your crypto is sent to the correct wallet.
Step 3: Confirm the information to processed to making a payment step.
Step 4: Send funds to Changelly
Send amount of crypto currency that you would like to exchange to the address provided.
In our example, we need to send 1 ETH.
Login to your crypto wallet and send required amount to the address provided.
Step 5: Wait for payment confirmation, exchanging and sending TIME to your wallet
After you’ve send the payment, you just need to wait for the confirmation. Once the funds received, Changelly will automatically exchange it to the desired crypto currency and will send it to the wallet that you’ve provided in the step 2.
Step 6: Check your wallet balance
Login to your wallet to check that the funds.
In this example, we’ve used ChronoWallet. You can see that funds arrived successfully and the whole process took 12 minutes.
In previous “how-to” articles, we’ve talked about:
Website https://chronobank.io/ Twitter https://twitter.com/ChronobankNews Facebook https://www.facebook.com/ChronoBank.io/ Telegram https://telegram.me/chronobank Slack https://chronobank.herokuapp.com