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How to Buy Elastos (ELA)

A Step-by-Step-Guide on how to buy Elastos (ELA)

Step 1 – Signup to CEX.io

You'll first need to buy one of the bigger currencies. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Follow the Link below to register and getting your Bitcoin (BTC) or Ethereum (ETH).

Binance Signup
Step 2 – Transmit Your Funds to an Crypto Exchange

Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Exchange now. Every exchange has a deposit form that is similar. Elastos (ELA) is available on Binance, so we're going to use that as an sample. Not sure on how to send funds from Coinbase to an Exchange? (Follow this guide)

Make sure you've selected the right coin you want to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so on. If you're dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Follow these easy steps).

Step 3 – Find Elastos (ELA)

As soon as your deposit has been confirmed, you will directly have access to your funds and you can start buying and trading. To purchase Elastos (ELA) on Binance, you will want to go to the ”Exchange” tab and after that click on “Basic”.

To find Elastos (ELA), you will need to insert the cointype (ELA) into the search-box, which is marked in the graphic. Make sure you have choosen the right grouping, we have highlighted this also. Click on “ELA/BTC” to go ahead.

{How to buy Coin on Binance 1|Binance How To Buy 1} Elastos (ELA)
Step 4 – Purchase Elastos (ELA)

Once you have located Elastos (ELA), you'll be given a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the image). And now we are making our own Limit Order.

The field with the “Price” tag will be filled with the most latest valuation Elastos (ELA) was traded for. You can change this to your preferred rate. The ”Amount” field is the volumen of ELA you want to buy. The ”Total” field is the whole price in Bitcoin that you'll settle for the whole volumen of ELA.

When you're happy, make a mouse click on “Buy ELA”. Your order will be filled as soon as a Vendor trades their ELA for the price you offered.

Step 5 – Withdraw Elastos (ELA)

Unless you are frequently trading, best advise is not to keep crypto on an Exchange for an extensive time period. In order to withdraw your Elastos (ELA), go to the ”Funds” tab and mouse click on “Withdraw”. Elastos (ELA) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Elastos (ELA) by using the provided drop-down box. Drop in the volumen of Elastos (ELA) you would like to withdraw. Take into account the demonstrated fees/minimums. Also make sure you have entered your correct withdraw address.

If you are glad, click “Submit”. You may be requested for verfication via email/phone ahead of a withdrawal.

Congratulations! You've successfully purchased and safed Elastos (ELA).

That's it!

Take offs from Cryptocurrency Exchange can take between 1 – 30 minutes (rely on network usage). Once you have proved your take off with Etherscan.io or Ethplorer.io and the Elastos (ELA) is stored within your wallet, you are all done.

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