How to Buy Elastos (ELA)

A Step-by-Step-Guide on how to buy Elastos (ELA)

Step 1 – Join Kraken

You'll first need to purchase units of the bigger coins. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Click below for registration and to get Bitcoin (BTC) or Ethereum (ETH).

Binance Signup
Step 2 – Transmit Your Ethereum or Bitcoin to an Crypto Trader

Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Exchange now. All exchanges have a deposit form that is similar. Elastos (ELA) is accessible on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Crypto Trader? (Follow these easy steps)

Make sure you've chosen the precise coin you would like to deposit.

BTC must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, et cetera. In the case you are dealing with a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our how-to).

Step 3 – Locate Elastos (ELA)

As soon as your deposit has been approved, you will instantly have access to your finances and you can begin invest and trading. To buy Elastos (ELA) on Binance, you will want to hover over the ”Exchange” tab and then click on “Basic”.

To discover Elastos (ELA), you'll need to insert the short name of the asset (ELA) into the search box, which is highlighted in the image. Make sure you have choosen the correct pairing, we've marked this also. Click on “ELA/BTC” to proceed.

Binance Hot To Buy Elastos (ELA)
Binance How to Buy (ELA) Elastos
Step 4 – Purchasing Elastos (ELA)

As soon as you have spotted Elastos (ELA), you will be given a Price Chart (in the Center of the image) and some Order Books (on the Left of the image). And now we're creating our own Limit Order.

The ”Price” field will be automatically filled with the most latest tariff Elastos (ELA) was sold for. This can be changed to your preferred price. The ”Amount” field is the quantity of ELA you want to buy. The field with the “Total” tag is the whole price in Bitcoin that you'll settle for the whole volumen of ELA.

If you're happy, click on “Buy ELA”. Your order will be filled as soon as a Vendor sells their ELA for the price you submitted.

Step 5 – Withdraw Elastos (ELA)

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

Locate Elastos (ELA) by using the given drop-down box. Put into the quantity of Elastos (ELA) you'd wish to take off. Take into account the demonstrated fees/minimums. Also make sure you have entered your right withdraw address.

If you're happy, make a mouse click on “Submit”. You could be asked for email/phone verification before a withdrawal.

Binance Withdraw

Kudos! You have successfully purchased and safed Elastos (ELA).

That's it!

Take offs from Cryptocurrency Exchange can take anywhere from 1 – 30 minutes (rely on network usage). As soon as you've proved your withdrawal with Etherscan.io or Ethplorer.io and the (ELA) Elastos is safe within your wallet, you are finished.

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