How to Buy CHP Tokens on KuCoin with MyEtherWallet

A Guide: How to Buy CHP Tokens (on KuCoin)

Find out how to buy CHP and transfer tokens from an exchange and into your CoinPoker wallet. We will be using KuCoin in this example and MyEtherWallet as an ERC-20 client.

If you’re new this is a great way to avoid common mistakes and learn about how crypto transfers work. So, let’s get started!

STEP 1: Go to KuCoin and log in

That is, if you have an account. If you’re completely new to KuCoin, you can register an account and follow these easy instructions on how to get started.

How to buy CHP on kucoin step 1

STEP 2: Search for CHP tokens

Once you’re logged in, search through the many tokens available for CHP, and once you find it go ahead and click on the “Buy” button.

How to buy CHP on kucoin step 2
Enter “CHP” into the search box
Buy CHP on Kucoin step 3
Click the “Buy” button.

You are on your way to buy CHP!

STEP 3: Use the Buy/Sell box to purchase CHP

You’ll see a lot of graphs and figures, but on the bottom right corner there will be a widget that is secured by two factor authentication (2FA). Once you enter your code, you will be able to purchase tokens.

Buy CHP on KuCoin Exchange step 3
Enter your 2FA code here.
guide to buying CHP on kucoin step 3
Choose how much CHP you would like to purchase and click the “Buy” button. Et voila.

STEP 4: Go to your account to transfer the tokens to your ERC-20 wallet

Buy CHP tokens on KuCoin exchange step 3
Click the “$” to go to your account and get your withdrawal ready.
Buy CHP tokens on KuCoin exchange step 4
Search for “CHP” once again to find your new tokens.
Buy CHP tokens on KuCoin exchange step 4
Do 10 push ups then select “Withdraw”.

STEP 5: Withdraw funds to your ERC-20 wallet

Be very careful when entering your e-wallet address, and make sure you carefully view your email confirmation data before clicking “Confirm” as all transfers on blockchain are irreversible.

Buy CHP tokens on KuCoin exchange step 5
Enter your e-wallet address (the wallet verified on your CoinPoker account) and other requested info. After hitting “Confirm” you will receive a confirmation email.
Buy CHP tokens on KuCoin exchange step 5
Check your inbox for a confirmation email, carefully review the data, and click “Confirm” to authorize the transaction

STEP 6: Check if your transfer is complete before freaking out

Don’t log into an empty e-wallet and panic. You can always check Etherscan to see if your transfer went through. You can find a link to the transaction details (similar to a digital receipt) by heading to the Withdrawal tab in KuCoin.

Buy CHP tokens on KuCoin exchange step 6
Find the most recent transaction made to your e-wallet and click “view transaction”.
Buy CHP tokens on KuCoin exchange step 6
Check the status to confirm if the funds should be there, and note that the contract address listed here is NOT the address you will be using later on*.
*Smart contract addresses are not designed for transactions, and we are unable to control them in the same way a regular wallet can. As a result, the tokens transferred to the smart contract address are permanently lost. Moreover, contracts cannot be edited after deployment for security reasons, otherwise it would be impossible to trust that a contract does what is expected.

STEP 7: Go to your ERC-20 wallet client (we will be using MyEtherWallet in the next steps)

BEWARE! There are plenty of phishing sites out there that mimic MyEtherWallet (a.k.a. MEW) to trick users into revealing sensitive data. Find out how to spot this and other common crypto scams easily.

Buy CHP tokens on KuCoin exchange beware of crypto scams
Watch out for these common characteristics of MEW phishing sites.

STEP 8: Add CHP tokens to your MEW wallet info

Go to the “View Wallet Info” and select the “View w/ Address Only” option to check out your funds. You will not see your CHP tokens immediately and again: do no panic! You need to add the token first, which we’ll show you how to do here:

Buy CHP tokens on KuCoin exchange step 8
View the wallet info using your address, and make sure you have 41 Gwei selected as your gas price. Paying less than this will result in extremely slow processing times!
Buy CHP tokens on KuCoin exchange step 8
Scroll down until you see the “Token Balances” widget, click “Add Custom Token” and enter the data as seen above. Token Contract Address: 0xf3db7560e820834658b590c96234c333cd3d5e5e

STEP 9: Transfer CHP from your verified e-wallet to your CoinPoker bankroll

Go to the “Send Ether & Tokens” tab and access your wallet using one of the recommended methods. You can of course use the non-recommended options but note that these are less secure (find out more).

Buy CHP tokens on KuCoin exchange step 9
Select an option, non-recommended access options are done at your own risk.
Buy CHP tokens on KuCoin exchange step 9
This is a nice, safe option. Let’s do this one.

Buy CHP tokens on KuCoin exchange step 9
Enter the amount of CHP you want to send, and make sure your select the CHP option. Be careful when entering the address and gas limit, which you can always check in CoinPoker under the ”Deposit” tab.

Buy CHP tokens on KuCoin exchange step 9
Easy peasy. Just copy the wallet address to avoid human error.

Buy CHP tokens on KuCoin exchange step 9
Double check the data (transfers are irreversible) and confirm whenever you’re ready.

Now that you’ve learned how to buy CHP you are ready to begin!

STEP 10: Hit the tables and enjoy!

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