If you have paid any attention to the gaming space and blockchain in the past few months at all, you probably have heard about Chain Games. In my opinion, Chain Games is the most promising blockchain gaming project out there right now. In this step-by-step tutorial, I am going to show you where to buy CHAIN Games Crypto and also how to buy CHAIN Games Crypto.
Table of Contents
- What is Chain Games?
- Step 1 – Creating a Binance Account
- Step 2 – Creating a Gate.io Account
- Step 3 – Buy USDT on Binance
- Step 4 – Copy Gate.io Wallet Address
- Step 5 – Transfer USDT from Binance to Gate.io
- Step 6 – Buy CHAIN Games Crypto on Gate.io
- Where to store CHAIN Games Token
- The Best Way to stay Up-to-Date with my Content
What is Chain Games?
Chain Games is is a blockchain technology that combines smart contract-based contests with modern, state-of-the-art gameplay. They try to transition the blockchain gaming industry into the modern gaming era. Chain Games offers a competitive multiplayer platform to allow participants in eSports tournaments to earn cash and crypto prizes.
They already have projects going with triple-A games like Madden 21, Call of Duty: Warzone and they are currently working on a project with Fortnite.
The company also has a bunch of events in the pipeline.
As always, I first tell you our Game-Plan.
We are going to deposit some USD on Binance, one of the most secure and most popular exchanges. Then we are going to buy some USDT, which is a stable coin that isn’t subject to market volatility. The USDT holds the value of the USD.
Next, we are going to create an account over at Gate.io, yet another exchange. We are lucky because CHAIN has just been listed on Gate.io a couple of days ago, which means you don’t need to deal with any high Ethereum fees on Uniswap.
Once we are signed up, we are going to transfer our USDT from Binance to Gate.io and we can buy CHAIN Games Crypto Token at Gate.io.
You might ask, why not buy USDT directly at Gate.io? Because I use Binance for several years and I trust Binance with my Credit Card details. Simple as that. So, let me show you how to buy CHAIN Games Crypto in the steps below.
Step 1 – Creating a Binance Account
First up, we need to create a Binance account. As I mentioned above, I’ve been using Binance for the past several years and never had any issues with them. Binance is the place where I like to do most of my trades.
Binance also is a great place to trade because of the cheap trading fees and the stable BNB token they provide. If you sign up with Binance using my link, you get Discounts on all your Trades on Binance, and you help out my blog, it’s a Win-Win.
Just follow through their registration process and make sure to enable 2-Factor Authentication for security.
Step 2 – Creating a Gate.io Account
Next, go ahead and sign up with Gate.io, yet another exchange that lists CHAIN Games Token. We have been using Gate.io to buy HYVE and several other Cryptocurrencies before and had always had a good experience with it.
If you use my referral link to sign up with Gate.io, you also get Discounted Trades.
Gate.io requires you to do a little verification, which requires you to enable 2-Factor Authentication and enter your legal name, birth date, and address. Easy.
Once you have done all of that, we are ready to rock n’ roll! Don’t forget to note down your Fund Password while signing up, you’ll need it later.
Step 2.5 OPTIONAL: Only for Binance.us
I have heard several reports that if you are on Binance.us, the TRC20 transport protocol we use in a later step is not available for Binance.us users. That means you would be subject to way higher fees while transferring the USDT from Binance to Gate.
Therefore, only for Binance.us users, I recommend buying USDT directly on Gate.io! Everyone else can continue with the steps below. Once you have bought USDT on Gate.io, you can continue with Step 6.
Step 3 – Buy USDT on Binance
Next up, we need to deposit USD on Binance and change them for USDT. It’s super easy, don’t worry.
Over at Binance, click on Buy Crypto and select Credit/Debit Card (or Bank Deposit, whatever you like better!)
Once you are there, follow through the steps below:
1 – Change Coin from BTC to USDT
2 – Enter the amount of USD you want to deposit
3 – Click on Buy USDT to buy USDT. You see the amount of USDT you’ll receive below your deposit value
4 – Optional: Change deposit currency
The amount of USD to USDT is subject to a minor fee, still way less than if you would use something like BTC or ETH to trade. Good, onwards!
Step 4 – Copy Gate.io Wallet Address
Now head over to Gate.io and navigate to Account Setting -> Deposit/Withdrawal from the top navigation bar.
Once there, type USDT into the search field and click on Deposit right next to USDT Tether.
Now the step below is crucial, make absolutely sure you select Tron/TRC20 as your transport protocol! This ensures the lowest fees and compatibility with Binance! Click on Copy to copy your wallet address.
Good job, let’s head back to Binance.
Step 5 – Transfer USDT from Binance to Gate.io
Now we need to transfer USDT from Binance to Gate.io using our Gate.io wallet address.
Over at Binance click on Wallet -> Fiat and Spot from the top navigation bar.
Type USDT into the search bar and click on Withdraw next to it.
Once again, follow the detailed steps below:
1 – Enter your Gate.io wallet address that you have copied earlier
2 – Select Tron (TRX) as your transport network <– CRUCIAL!
3 – Select the amount of USDT you want to transfer to Gate.io
4 – Click on Submit
5 – Enter your 2-Factor Authentication and your E-Mail code
You’ll see a preview of what you’ll receive over at Gate.io underlined in the screenshot below. The TRC20 fee is 1$, compared to 20+$ for Ethereum, quite a bargain.
Just hold up a little bit longer, we are almost there!
Step 6 – Buy CHAIN Games Crypto on Gate.io
Finally, buying time! Now I’m going to show you where to buy CHAIN Games Crypto on Gate.io.
Over at Gate.io, navigate to Trade -> Spot Trading -> Standard from the top navigation bar. Don’t be scared of what you see, I got you.
Once you are there, follow the steps below:
1 – Type CHAIN into the search bar on the upper left
2 – Select the CHAIN_USDT trading pair
3 – Enter the amount of USDT you want to exchange for your CHAIN token
4 – Click on the green Buy (USDT -> CHAIN) button to place the order
5 – Enter your Fund password (Or your 2FA OTP, whatever Gate.io prompts you for)
That’s it! You are now a proud owner of CHAIN token.
Where to store CHAIN Games Token
Well, a couple of options there. My preferred way to store tokens is using a Ledger Nano S. You can check if you can store your token on the Ledger by checking this link for compatibility. As of writing this article, CHAIN is not supported yet.
Gladly, there is an easy way on how to store CHAIN Games Crypto right now, the official Chain Games Wallet. Just head over to their website, open a wallet account, and transfer your funds to the wallet.
Surely a great way to store CHAIN.
I hope following this guide on how to buy CHAIN Games Crypto was easy enough for you. Your feedback in the comments comes highly appreciated, and also let me know what you think about Chain Games.
I am very much looking forward to see where this project is going in the future!