A Step-by-Step-Guide on how to buy Elysian (ELY)
Step 1 – Signup to Coinbase and get 10$ for free In the beginning you'll need to buy units of the major coins. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Click the button below for registration and receive your welcome $10.
Step 2 – Transmit Your Bitcoin or Ethereum to an Cryptocurrency Exchange Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. Elysian (ELY) is available on Binance, so we will use that as an illustration. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow these easy steps) Make sure you've chosen the right coin you would like to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so on. If you're using a decentralized exchange, like Airswap or DDEX could be different (Follow these easy steps).
Step 3 – Locate Elysian (ELY) Once your deposit has been verified, you will directly have access to your funds and you can begin purchasing and trading. To purchase Elysian (ELY) on Binance, you will want to hover over the tab which is called “Exchange” and after that mouse click on “Basic”. In order to locate Elysian (ELY), you will need to put the cointype (ELY) into the search-box, which is highlighted in the image. Be certain of having selected the proper grouping, we've highlighted this too. Click on “ELY/BTC” to continue.
Step 4 – Buy Elysian (ELY) As soon as you've discovered Elysian (ELY), you'll be presented with a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the image). For now we're going to create our Limit Order. The ”Price” field will be filled automatically with the latest valuation Elysian (ELY) was traded for. You can change this to your preferred rate. The field with the “Amount” tag is the volumen of ELY you wish to buy. The field with the “Total” tag is the total price in Bitcoin that you'll pay for the complete volumen of ELY. If you are satisfied, click on “Buy ELY”. Your order will be filled as soon as a Seller trades their ELY for the price you introduced.
Step 5 – Withdraw (ELY) Elysian Unless you're trading, best advise is not to keep coins on an Crypto Exchange for an extended period of time. To withdraw your (ELY) Elysian, hover over the tab called “Funds” and click on “Withdraw”. (ELY) Elysian can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find (ELY) Elysian by using the given drop-down box. Enter the amount of (ELY) Elysian you'd wish to withdraw. Take into account the shown minimus/fees. Also make sure you have entered your right withdraw address. If you're glad, click on “Submit”. You could be requested for phone/email verification before a take off.