How to Buy Elamachain (ELAMA)

A Step-by-Step-Guide on how to buy Elamachain (ELAMA)

Step 1 – Join Kraken

In the beginning you'll need to purchase one of the major coins. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Click below to register and getting Ethereum (ETH) or Bitcoin (BTC).

Binance Signup
Step 2 – Transfer Your ETH (Ethereum) or BTC (Bitcoin) to an Cryptocurrency Exchange

Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Exchange now. All exchanges have a deposit form that is similar. Elamachain (ELAMA) is available on Binance, so we're going to use that as an illustration. Not sure on how to send Coinbase funds to an Crypto Exchange? (Follow this how-to)

Make sure you have chosen the correct coin you wish to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, and so forth. In the case you're using a decentralized exchange, like Airswap or DDEX could be different (Just follow our how-to).

Step 3 – Find Elamachain (ELAMA)

Once your deposit has been verified, you will now have access to your finances and you can initiate purchasing and trading. To invest in Elamachain (ELAMA) on Binance, you will want to go to the tab which is called “Exchange” and after that mouse click on “Basic”.

In order to locate Elamachain (ELAMA), you'll need to put the short name of the asset (ELAMA) into the search box, which is highlighted in the picture. Be certain of having selected the proper grouping, we've marked this also. Click on “ELAMA/BTC” to continue.

Binance Hot To Buy Elamachain (ELAMA)
Binance How to Buy (ELAMA) Elamachain
Step 4 – Purchase Elamachain (ELAMA)

As soon as you've located Elamachain (ELAMA), you will be given a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). For now we're making our own Limit Order.

The ”Price” field will be automatically filled with the most latest valuation Elamachain (ELAMA) was sold for. You can change this to your preferred rate. The field with the “Amount” tag is the amount of ELAMA you want to buy. The ”Total” field is the aggregated price in Bitcoin that you will settle for the complete volumen of ELAMA.

If you're happy, make a mouse click on “Buy ELAMA”. Your plan will be filled as soon as a Vender trades their ELAMA for the price you submitted.

Step 5 – Withdraw Elamachain (ELAMA)

Unless you're frequently trading, best advise is not to keep your crypto coins on an Crypto Trader for an extended time frame. In order to take off your Elamachain (ELAMA), hover over the ”Funds” tab and mouse click on “Withdraw”. Elamachain (ELAMA) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Elamachain (ELAMA) by using the given drop-down box. Drop in the amount of Elamachain (ELAMA) you'd like to take off. Take into account the displayed fees/minimums. Also make sure you have filled your precise withdraw address.

When you are happy, make a mouse click on “Submit”. You may be requested for phone/email verification before a take off.

Binance Withdraw

Kudos! You have successfully purchased and stored Elamachain (ELAMA).

That's it!

Withdrawals from Cryptocurrency Exchange can durate anywhere from 1 – 30 minutes (depending on network usage). As soon as you've proved your take off using Ethplorer.io or Etherscan.io and the (ELAMA) Elamachain is stored inside your wallet, you're finished.

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