How to Buy Elastos (ELA)

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

Step 1 – Join Coinbase and recieve 10$ for free

You'll first need to purchase one of the bigger currencies. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Follow the Link below to register and getting your first $10.

Coinbase Free Bitcoin

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

Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. Elastos (ELA) is obtainable on Binance, so we're going to use that as an sample. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this how-to)

Make sure you have chosen the precise 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 working with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow these easy steps).

Step 3 – Find (ELA) Elastos

As soon as your deposit has been verified, you'll directly have access to your finances and you can start purchasing and trading. To invest in (ELA) Elastos on Binance, you'll want to hover over the ”Exchange” tab and after that click on “Basic”.

In order to find (ELA) Elastos, 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 selected the right pairing, we've highlighted this also. Click on “ELA/BTC” to go ahead.

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

After you've discovered Elastos (ELA), you'll be presented with a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). For now we're going to make our Limit Order.

The field with the “Price” tag will be filled automatically with the most up-to-date tariff Elastos (ELA) was sold for. You can change this to your preferred rate. The ”Amount” field is the amount of ELA you wish to purchase. The field with the “Total” tag is the total price in Bitcoin that you'll settle for the whole amount of ELA.

When you're happy, make a mouse click on “Buy ELA”. Your plan will be filled when a Seller trades their ELA for the price you offered.

Step 5 – Withdraw (ELA) Elastos

Unless you're frequently trading, best advise is not to keep crypto on an Cryptocurrency Exchange for an longer time period. To take off your (ELA) Elastos, go to the tab called “Funds” and mouse click on “Withdraw”. (ELA) Elastos can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

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

If you're satisfied, click on “Submit”. You could be requested for verfication via email/phone before a take off.

Binance Withdraw

Congratulations! You've successfully purchased and stored Elastos (ELA).

That's it!

Withdrawals from Crypto Trader can take anywhere from 1 – 30 minutes (depending on network usage). As soon as you've confirmed your take off with Etherscan.io or Ethplorer.io and the Elastos (ELA) is stored inside your wallet, you are finished.