A Step-by-Step-Guide on how to buy Electron (ELT)
Step 1 – Signup to Kraken You will first need to purchase one of the major coins. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Click below to register and to get Bitcoin or Ethereum.
Step 2 – Transmit Your ETH (Ethereum) or BTC (Bitcoin) to an Cryptocurrency Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Exchange now. Every exchange has a deposit form that is alike. Electron (ELT) is obtainable on Binance, so we're going to use that as an sample. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this guide) Make sure you have chosen the right coin you wish to deposit. BTC must be sent to a BTC deposit address, ETH to an Ethereum deposit address, and so forth. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Follow our how-to).
Step 3 – Locate Electron (ELT) As soon as your deposit has been confirmed, you will immediately have access to your finances and you can launch invest and trading. To buy Electron (ELT) on Binance, you'll want to go to the ”Exchange” tab and after that mouse click on “Basic”. In order to discover Electron (ELT), you'll need to insert the cointype (ELT) into the search box, which is highlighted in the picture. Make sure you have choosen the proper pairing, we have marked this also. Click on “ELT/BTC” to progress.
Step 4 – Buy Electron (ELT) Once you have located Electron (ELT), you will be presented with a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). For now we are going to make our own Limit Order. The ”Price” field will be automatically filled with the most latest tariff Electron (ELT) was sold for. You can change this to your favoured price. The field with the “Amount” tag is the volumen of ELT you want to buy. The ”Total” field is the whole price in BTC that you will pay for the complete volumen of ELT. If you're happy, click on “Buy ELT”. Your order will be filled when a Vender trades their ELT for the price you submitted.
Step 5 – Withdraw Electron (ELT) Unless you're frequently trading, you should never keepyour coins on an Crypto Exchange for an extended period of time. To take off your Electron (ELT), hover over the ”Funds” tab and click on “Withdraw”. Electron (ELT) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Electron (ELT) by using the given drop-down box. Drop in the amount of Electron (ELT) you would like to withdraw. Take into account the displayed minimus/fees. Also make sure you have filled your right withdraw address. If you are glad, make a mouse click on “Submit”. You may be requested for phone/email verification ahead of a take off.