A Step-by-Step-Guide on how to buy elf (ELF)
Step 1 – Join Kraken You'll first need to purchase one of the top-tier coins. Exchanges normally accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Click the button below for registration and getting BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Transfer Your Ethereum or Bitcoin to an Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Exchange now. Every exchange has a deposit form that is identical. elf (ELF) is available on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Exchange? (Follow this how-to) Make sure you have selected the exact coin you want to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so on. If you are using a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our guide).
Step 3 – Locate elf (ELF) As soon as your deposit has been confirmed, you will directly have access to your assets and you can commence purchasing and trading. To purchase elf (ELF) on Binance, you will want to go to the ”Exchange” tab and then mouse click on “Basic”. To locate elf (ELF), you will need to put the shortname of the coin (ELF) into the search-box, which is marked in the image. Make sure you have choosen the correct pairing, we have marked this also. Click on “ELF/BTC” to progress.
Step 4 – Acquisition of elf (ELF) As soon as you have discovered elf (ELF), you will be given a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the image). For now we are creating our own Limit Order. The ”Price” field will be automatically filled with the most up-to-date price elf (ELF) was traded for. This can be changed to your preferred price. The field with the “Amount” tag is the quantity of ELF you want to buy. The ”Total” field is the whole price in BTC that you will settle for the whole quantity of ELF. When you are glad, make a mouse click on “Buy ELF”. Your order will be filled when a Seller trades their ELF for the price you introduced.
Step 5 – Withdraw elf (ELF) Unless you are regularly trading, you should never keepyour crypto on an Cryptocurrency Exchange for an extended time frame. To withdraw your elf (ELF), hover over the ”Funds” tab and mouse click on “Withdraw”. elf (ELF) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find elf (ELF) by using the given drop-down box. Enter the amount of elf (ELF) you would wish to withdraw. Don't forget the shown minimus/fees. Also make sure you have filled your correct withdraw address. When you are glad, click “Submit”. You may be asked for verfication via phone/email before a withdrawal.