A Step-by-Step-Guide on how to buy Elastos (ELA)
Step 1 – Signup to CEX.io In the beginning you'll need to purchase one of the top-tier coins. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Click below to register and receive your Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Send Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Exchange Your Ethereum or Bitcoin has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is identical. Elastos (ELA) is accessible on Binance, so we're going to use that as an illustration. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this how-to) Make sure you have selected the correct coin you would like to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so forth. In the case you are using a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our guide).
Step 3 – Locate Elastos (ELA) As soon as your deposit has been approved, you will directly have access to your assets and you can start invest and trading. To buy Elastos (ELA) on Binance, you will want to go to the ”Exchange” tab and mouse click on “Basic”. In order to discover 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 correct pairing, we've marked this too. Click on “ELA/BTC” to continue.
Step 4 – Buy (ELA) Elastos As soon as you've discovered (ELA) Elastos, you will be given a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). For now we are going to create our own Limit Order. The ”Price” field will be filled with the most recent valuation (ELA) Elastos was traded for. This can be changed to your desired price. The field with the “Amount” tag is the quantity of ELA you wish to purchase. The ”Total” field is the aggregated price in Bitcoin that you will settle for the whole quantity of ELA. If you are glad, click on “Buy ELA”. Your plan will be filled as soon as a Vender trades their ELA for the price you gave.
Step 5 – Withdraw (ELA) Elastos Unless you're frequently trading, never keep your crypto on an Exchange for an extended period of time. To withdraw your (ELA) Elastos, hover over the ”Funds” tab and click on “Withdraw”. (ELA) Elastos can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find (ELA) Elastos by using the given drop-down box. Enter the quantity of (ELA) Elastos you'd like to withdraw. Don't forget the presented fees/minimums. Also make sure you have filled your correct withdraw address. If you're satisfied, make a mouse click on “Submit”. You may be asked for phone/email verification before a take off.