A Step-by-Step-Guide on how to buy Elastos (ELA)
Step 1 – Signup to Coinbase and recieve 10$ for free You'll first need to buy units of the bigger coins. Exchanges commonly accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Click below for registration and receive your first 10$.
Step 2 – Transfer Your Ethereum or Bitcoin to an Crypto Exchange Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. Elastos (ELA) is obtainable on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Crypto Exchange? (Just follow this how-to) Make sure you have selected the exact coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so on. If you are dealing with a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our guide).
Step 3 – Find (ELA) Elastos Once your deposit has been affirmed, you'll now have access to your finances and you can start invest and trading. To buy (ELA) Elastos on Binance, you'll want to go to the ”Exchange” tab and then mouse click on “Basic”. To find (ELA) Elastos, you'll need to put the short name of the asset (ELA) into the search box, which is marked in the image. Be certain of having selected the proper pairing, we've marked this too. Click on “ELA/BTC” to progress.
Step 4 – Purchasing (ELA) Elastos Once you've spotted (ELA) Elastos, you'll be given a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). For now we're making our Limit Order. The field with the “Price” tag will be filled automatically with the recent tariff (ELA) Elastos was sold for. You can change this to your desired rate. The ”Amount” field is the volumen of ELA you wish to purchase. The ”Total” field is the whole price in Bitcoin that you'll pay for the whole volumen of ELA. If you're satisfied, click on “Buy ELA”. Your order will be filled when a Vender sells their ELA for the price you offered.
Step 5 – Withdraw Elastos (ELA) Unless you're frequently trading, never keep your coins on an Exchange for an longer time frame. In order to take off your Elastos (ELA), go to the ”Funds” tab and mouse click on “Withdraw”. Elastos (ELA) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Elastos (ELA) by using the provided drop-down box. Enter the volumen of Elastos (ELA) you'd wish to take off. Don't forget the presented minimus/fees. Also make sure you have filled your precise withdraw address. When you're glad, click on “Submit”. You could be asked for verfication via phone/email before a withdrawal.