How to Buy Elrond (EGLD)

Step 1 – Join Kraken

In the beginning you'll need to buy one of the major coins. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Click below to register and getting Bitcoin or Ethereum.

Step 2 – Transmit Your Bitcoin or Ethereum to an Crypto Trader

Your Ethereum or Bitcoin has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. Elrond (EGLD) is obtainable on Binance, so we will use that as an example. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Follow this how-to)

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

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, and so forth. In the case you are using a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our manual).

Step 3 – Find Elrond (EGLD)

Once your deposit has been confirmed, you'll directly have access to your assets and you can initiate buying and trading. To buy Elrond (EGLD) on Binance, you'll want to hover over the ”Exchange” tab and after that click on “Basic”.

In order to discover Elrond (EGLD), you'll need to insert the short name of the asset (EGLD) into the search-box, which is highlighted in the image. Make sure you have choosen the correct grouping, we've marked this also. Click on “EGLD/BTC” to advance.

Step 4 – Buying Elrond (EGLD)

After you've located Elrond (EGLD), you will be presented with a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). For now we're going to create our own Limit Order.

The ”Price” field will be filled with the most latest price Elrond (EGLD) was sold for. You can change this to your desired price. The ”Amount” field is the amount of EGLD you wish to buy. The ”Total” field is the whole price in BTC that you'll pay for the complete amount of EGLD.

When you are satisfied, click on “Buy EGLD”. Your order will be filled as soon as a Vender trades their EGLD for the price you gave.

Step 5 – Withdraw Elrond (EGLD)

Unless you are regularly trading, you should never keepyour crypto coins on an Crypto Exchange for an extended period of time. To take off your Elrond (EGLD), hover over the tab called “Funds” and mouse click on “Withdraw”. Elrond (EGLD) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find Elrond (EGLD) by using the given drop-down box. Put into the volumen of Elrond (EGLD) you'd like to withdraw. Take into account the shown minimus/fees. Also make sure you have entered your right withdraw address.

If you're glad, click on “Submit”. You could be asked for email/phone verification ahead of a withdrawal.