How to Buy Ellaism (ELLA)

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.

Binance Signup
Step 2 – Send Your Funds to an Crypto Trader

Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is identical. Ellaism (ELLA) is available on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Follow this manual)

Make sure you have selected the right coin you want to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etcetera. If you're working with a decentralized exchange, like Airswap or DDEX could be divergent (Follow our how-to).

Step 3 – Locate Ellaism (ELLA)

Once your deposit has been confirmed, you'll instantly have access to your funds and you can commence purchasing and trading. To invest in Ellaism (ELLA) on Binance, you'll want to hover over the ”Exchange” tab and then mouse click on “Basic”.

In order to locate Ellaism (ELLA), you will need to put the cointype (ELLA) into the search-box, which is highlighted in the graphic. Be certain of having choosen the right pairing, we've highlighted this too. Click on “ELLA/BTC” to progress.

Binance Hot To Buy Ellaism (ELLA)
Binance How to Buy (ELLA) Ellaism
Step 4 – Acquisition of Ellaism (ELLA)

After you have spotted Ellaism (ELLA), you'll be presented with a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). And now we are creating our own Limit Order.

The field with the “Price” tag will be filled with the most recent price Ellaism (ELLA) was sold for. This can be changed to your favoured rate. The ”Amount” field is the quantity of ELLA you want to purchase. The ”Total” field is the whole price in BTC that you will pay for the whole volumen of ELLA.

If you are satisfied, make a mouse click on “Buy ELLA”. Your plan will be filled as soon as a Vender sells their ELLA for the price you introduced.

Step 5 – Withdraw Ellaism (ELLA)

Unless you are frequently trading, you should never keepyour coins on an Cryptocurrency Exchange for an longer period of time. To withdraw your Ellaism (ELLA), hover over the tab called “Funds” and mouse click on “Withdraw”. Ellaism (ELLA) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Ellaism (ELLA) by using the provided drop-down box. Enter the volumen of Ellaism (ELLA) you would wish to take off. Don't forget the demonstrated fees/minimums. Also make sure you have filled your precise withdraw address.

If you are happy, make a mouse click on “Submit”. You could be requested for email/phone verification before a take off.

Binance Withdraw

Congratulations! You've successfully purchased and safed Ellaism (ELLA).

That's it!

Take offs from Exchange can durate anywhere from 1 – 30 minutes (rely on usage of the network). Once you've proved your withdrawal using Etherscan.io or Ethplorer.io and the (ELLA) Ellaism is stored within your wallet, you're done.

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