A Step-by-Step-Guide on how to buy Ellaism (ELLA)
Step 1 – Join Kraken You'll first need to buy units of the bigger currencies. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click below to register and to get Bitcoin or Ethereum.
Step 2 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Trader Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. Ellaism (ELLA) is available on Binance, so we're going to use that as an illustration. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this guide) Make sure you have chosen the correct 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 working with a decentralized exchange, such as Airswap or DDEX could be different (Just follow our manual).
Step 3 – Find Ellaism (ELLA) Once your deposit has been affirmed, you will now have access to your finances and you can initiate purchasing and trading. To purchase Ellaism (ELLA) on Binance, you'll want to go to the ”Exchange” tab and after that mouse click on “Basic”. In order to discover Ellaism (ELLA), you'll need to put the cointype (ELLA) into the search box, which is highlighted in the graphic. Be certain of having choosen the proper grouping, we have highlighted this also. Click on “ELLA/BTC” to go on.
Step 4 – Purchasing Ellaism (ELLA) As soon as you have found Ellaism (ELLA), you'll be presented with a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). For now we are making our own Limit Order. The field with the “Price” tag will be filled with the most recent tariff Ellaism (ELLA) was sold for. You can change this to your favoured price. The ”Amount” field is the amount of ELLA you want to purchase. The field with the “Total” tag is the total price in BTC that you'll pay for the complete amount of ELLA. If you are glad, click on “Buy ELLA”. Your plan will be filled when a Seller sells their ELLA for the price you offered.
Step 5 – Withdraw Ellaism (ELLA) Unless you are frequently trading, you should never keepyour coins on an Crypto Exchange for an extended period of time. In order to withdraw your Ellaism (ELLA), hover over the ”Funds” tab and click on “Withdraw”. Ellaism (ELLA) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Ellaism (ELLA) by using the given drop-down box. Drop in the quantity of Ellaism (ELLA) you would wish to take off. Take into account the shown fees/minimums. Also make sure you have filled your correct withdraw address. If you're happy, click “Submit”. You may be asked for verfication via email/phone before a take off.
Congrats! You've successfully bought and safed Ellaism (ELLA).That's it! Take offs from Exchange can take anywhere from 1 – 30 minutes (rely on network usage). As soon as you've confirmed your take off using Ethplorer.io or Etherscan.io and the (ELLA) Ellaism is safe in your wallet, you're all done.
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