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 – Send Your Ethereum or Bitcoin to an Exchange Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Exchange now. All exchanges have a deposit form that is alike. elf (ELF) is accessible on Binance, so we will use that as an sample. Unsure on how to send Coinbase funds to an Crypto Exchange? (Just follow this how-to) Make sure you've selected the exact coin you wish to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, and so forth. If you are dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our how-to).
Step 3 – Find elf (ELF) Once your deposit has been affirmed, you will instantly have access to your assets and you can begin buying and trading. To purchase elf (ELF) on Binance, you'll want to go to the tab which is called “Exchange” and after that click on “Basic”. In order to spot elf (ELF), you'll need to put the short name of the asset (ELF) into the search-box, which is marked in the picture. Make sure you have choosen the right pairing, we have marked this too. Click on “ELF/BTC” to advance.
Step 4 – Purchasing elf (ELF) After you've located elf (ELF), you'll be given a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). And now we are creating our own Limit Order. The ”Price” field will be filled automatically with the most up-to-date valuation elf (ELF) was sold for. This can be changed to your preferred rate. The ”Amount” field is the volumen of ELF you wish to buy. The field with the “Total” tag is the aggregated price in BTC that you will pay for the complete amount of ELF. If you are glad, make a mouse click on “Buy ELF”. Your plan will be filled when a Vendor sells their ELF for the price you gave.
Step 5 – Withdraw elf (ELF) Unless you are frequently trading, best advise is not to keep coins on an Crypto Exchange for an longer time frame. In order to take off your elf (ELF), go to the ”Funds” tab and click on “Withdraw”. elf (ELF) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate elf (ELF) by using the provided drop-down box. Enter the volumen of elf (ELF) you would wish to withdraw. Take into account the presented minimus/fees. Also make sure you have filled your precise withdraw address. When you are happy, make a mouse click on “Submit”. You could be requested for email/phone verification ahead of a withdrawal.