How to Buy Elastos (ELA)

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

Step 1 – Join CEX.io

In the beginning you'll need to buy one of the major currencies. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Follow the Link below to register and getting Funds.

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

Your Bitcoin or Ethereum has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is alike. Elastos (ELA) is available on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Crypto Exchange? (Just follow this guide)

Make sure you've selected the correct coin you wish to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etc. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow these easy steps).

Step 3 – Locate (ELA) Elastos

As soon as your deposit has been verified, you'll now have access to your funds and you can commence purchasing and trading. To invest in (ELA) Elastos on Binance, you'll want to go to the ”Exchange” tab and then click on “Basic”.

To discover (ELA) Elastos, you'll need to put the short name of the asset (ELA) into the search-box, which is highlighted in the graphic. Be certain of having selected the proper pairing, we've highlighted this too. Click on “ELA/BTC” to continue.

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

As soon as you've spotted (ELA) Elastos, you'll be presented with a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). For now we're making our Limit Order.

The field with the “Price” tag will be filled automatically with the up-to-date rate (ELA) Elastos was sold for. This can be changed to your desired rate. The ”Amount” field is the volumen of ELA you like to purchase. The ”Total” field is the total price in Bitcoin that you'll settle for the complete volumen of ELA.

If you're glad, click on “Buy ELA”. Your order will be filled when a Seller trades their ELA for the price you submitted.

Step 5 – Withdraw (ELA) Elastos

Unless you're frequently trading, best advise is not to keep coins on an Exchange for an extensive time period. In order to take off your (ELA) Elastos, go to the ”Funds” tab and click on “Withdraw”. (ELA) Elastos can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

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

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

Binance Withdraw

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

That's it!

Withdrawals from Cryptocurrency Exchange can durate between 1 – 30 minutes (depending on network usage). Once you've proved your withdrawal with Etherscan.io or Ethplorer.io and the (ELA) Elastos is safe inside your wallet, you are all done.