A Step-by-Step-Guide on how to buy Eltcoin (ELTCOIN)
Step 1 – Join Coinbase and get 10$ for free You'll first need to buy units of the top-tier coins. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Click the button below to register and getting your first 10$.
Step 2 – Transmit Your Ethereum or Bitcoin to an Crypto Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. Eltcoin (ELTCOIN) is obtainable on Binance, so we will use that as an illustration. Unsure on how to send Coinbase funds to an Crypto Exchange? (Follow these easy steps) Make sure you've selected the precise coin you want to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so forth. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be different (Follow our guide).
Step 3 – Find (ELTCOIN) Eltcoin Once your deposit has been approved, you'll now have access to your assets and you can initiate buying and trading. To invest in (ELTCOIN) Eltcoin on Binance, you'll want to hover over the ”Exchange” tab and after that click on “Basic”. To spot (ELTCOIN) Eltcoin, you'll need to insert the shortname of the coin (ELTCOIN) into the search-box, which is marked in the graphic. Make sure you have selected the proper pairing, we've marked this also. Click on “ELTCOIN/BTC” to go on.
Step 4 – Purchase Eltcoin (ELTCOIN) As soon as you have located Eltcoin (ELTCOIN), you will be given a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). Next we are making our own Limit Order. The ”Price” field will be filled automatically with the most recent price Eltcoin (ELTCOIN) was traded for. You can change this to your favoured price. The ”Amount” field is the amount of ELTCOIN you wish to purchase. The ”Total” field is the aggregated price in BTC that you will settle for the whole amount of ELTCOIN. When you're satisfied, click on “Buy ELTCOIN”. Your plan will be filled when a Vendor trades their ELTCOIN for the price you gave.
Step 5 – Withdraw Eltcoin (ELTCOIN) Unless you're trading, best advise is not to keep crypto on an Crypto Exchange for an extended period of time. In order to take off your Eltcoin (ELTCOIN), hover over the ”Funds” tab and mouse click on “Withdraw”. Eltcoin (ELTCOIN) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Eltcoin (ELTCOIN) by using the provided drop-down box. Enter the amount of Eltcoin (ELTCOIN) you'd like to take off. Take into account the displayed fees/minimums. Also make sure you have entered your right withdraw address. When you're satisfied, click “Submit”. You could be asked for phone/email verification before a withdrawal.