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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 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Exchange

Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Exchange now. All exchanges have a deposit form that is identical. Elastos (ELA) is accessible on Binance, so we will use that as an illustration. Unsure on how to send funds from Coinbase to an Crypto Trader? (Just follow this guide)

Make sure you have selected the right coin you wish to deposit.

BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so forth. If you are dealing with a decentralized exchange, like Airswap or DDEX could be different (Just follow our how-to).

Step 3 – Locate Elastos (ELA)

As soon as your deposit has been verified, you will instantly have access to your finances and you can begin invest and trading. To invest in Elastos (ELA) on Binance, you'll want to go to the ”Exchange” tab and after that click on “Basic”.

In order to spot Elastos (ELA), you will need to put the cointype (ELA) into the search box, which is marked in the graphic. Be certain of having choosen the right grouping, we have highlighted this too. Click on “ELA/BTC” to continue.

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

As soon as you've discovered Elastos (ELA), you will be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). And now we are creating our own Limit Order.

The ”Price” field will be automatically filled with the most up-to-date valuation Elastos (ELA) was traded for. This can be changed to your desired rate. The ”Amount” field is the volumen of ELA you wish to buy. The field with the “Total” tag is the whole price in BTC that you will settle for the whole amount of ELA.

When you are happy, click on “Buy ELA”. Your order will be filled when a Vender trades their ELA for the price you introduced.

Step 5 – Withdraw Elastos (ELA)

Unless you're regularly trading, best advise is not to keep crypto coins on an Crypto Exchange for an longer period of time. To take off your Elastos (ELA), hover over the tab called “Funds” and mouse click on “Withdraw”. Elastos (ELA) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find Elastos (ELA) by using the given drop-down box. Drop in the volumen of Elastos (ELA) you would wish to take off. Don't forget the presented minimus/fees. Also make sure you have entered your correct withdraw address.

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

Kudos! You've successfully bought and stored Elastos (ELA).

That's it!

Take offs from Crypto Trader can take anywhere from 1 – 30 minutes (depending on network usage). As soon as you have confirmed your take off with Ethplorer.io or Etherscan.io and the Elastos (ELA) is stored in your wallet, you are all done.

Some other Guides on How to buy different Altcoins

How to Buy FREE coin
How to Buy CoinEx Token
How to Buy Altcoins
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