Step by step guide to buying chia
Monkeyzoo are not financial advisors, this guide is for assistance only and we hold no responsibility.
You can follow this easy to follow video made by one of our good friends Digital Spaceport
Or you can follow this rather long winded but simple step by step guide
First you will need a coinbase account, we will not go into detail with how to do this but have supplied you with a youtube video that explains the process well. Google is your friend.
When you have a coinbase account you can follow this guide bellow which will show you how to purchase some Stellar Lumens (XLM) on Coinbase, then transfer those coins to CoinEx, you will swap those (XLM) coins for Chia (XCH) and send them to your Chia Gui wallet ready to buy Chia NFT's.
Step 1
Head over to https://www.coinex.com/ and sign up for a CoinEx account.
Step 3
From the drop down bar select XLM stellar lumens.
Step 5
Click on confirm.
Step 7
Head back over to COINBASE and click on trade.
Step 9
Buy the amount of XLM that equates to the amount of Chia you would like to purchase.
Step 11
You will need to add in the wallet address and Tag/Memo from your CoinEx wallet.
Step 13
Once you have copied your CoinEx wallet address and tag/Memo into the fields, either click on send all or type in the required amount you wish to send to CoinEx.
Step 15
Confirm the details are correct and click send now.
Step 17
You will then see confirmation that the transaction is happening.
Step 19
Once your XLM has arrived you need to swap the XLM for XCH (Chia) by clicking on the swap tab.
Step 21
Now click on the max button.
Step 23
Click on confirm.
Step 25
If you need to bind your mobile number then click on bind mobile. If not skip to Step 29.
Step 27
Pick your country code, enter your mobile number (without the zero on the front) and click send code. Enter the code sent to you via text message and click next.
Step 29
Now open your Chia Gui (guide on how to download here) click on tokens then recieve to find your personal XCH wallet address. Copy this address and head back to CoinEx.
Step 31
You will be sent a verification code to your mobile, enter that here.
Step 33
In your email click on Reconfirm.
Step 35
Once the Status turns to sent your Chia will be on its way to your personal wallet in the Chia Gui.
Step 2
When you have your CoinEx account, click on the assets tab and select deposit.
Step 4
Click got it.
Step 6
This will then create you an address and tag to send XLM to.
Step 8
Find XLM and click on buy.
Step 10
After a small wait you will then have your XLM in your XLM wallet. Head back to trade and XLM then click on wallet.
Step 12
Back to COINEX you need to copy and paste the Address and Tag/Memo into the COINBASE wallet you are sending XLM from.
Step 14
You can click on continue.
Step 16
If you have set up 2FA then complete this now.
Step 18
You can then go back to CoinEx and see your XLM has arrived. This may take a few minutes.
Step 20
On the swap tab change the from dropdown to XLM and the to dropdown to XCH.
Step 22
Now you can click on swap.
Step 24
Head back to your assets and withdraw tab, you may need to bind your mobile number to your account at this stage.
Step 26
Click on send code and input the code sent to your email address.
Step 28
Success, you have now bound your mobile number to your CoinEx account.
Step 30
Paste your personal XCH address into the withdraw address box and click withdraw.
Step 32
You will then see this screen which is waiting for you to confirm that it's definitely you asking for this transfer by sending you an email.
Step 34
The withdrawal will now be processing.
Step 36
Success, you now have Chia in your personal wallet ready to purchase those MonkeyZoo NFTs.
This may seem like a long process, but with a bit of practice and understanding it becomes much quicker and easier. In the future there will be easier ways to purchase Chia, but for now as it is a relatively new Crypto currency it's a bit more difficult.