How to Buy Elrond (EGLD)

A Step-by-Step-Guide on 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.

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

Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. Elrond (EGLD) is accessible on Binance, so we're going to use that as an example. Unsure on how to send Coinbase funds to an Crypto Trader? (Just follow this guide)

Make sure you've chosen the correct coin you would like to deposit.

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, et cetera. In the case you're using a decentralized exchange, like Airswap or DDEX could be opposed (Follow our how-to).

Step 3 – Find Elrond (EGLD)

As soon as your deposit has been approved, you will directly have access to your finances and you can start invest and trading. To buy Elrond (EGLD) on Binance, you'll want to hover over the ”Exchange” tab and after that mouse click on “Basic”.

In order to discover Elrond (EGLD), you'll need to insert the cointype (EGLD) into the search-box, which is marked in the picture. Be certain of having selected the correct grouping, we have highlighted this also. Click on “EGLD/BTC” to proceed.

Binance Hot To Buy Elrond (EGLD)
Binance How to Buy (EGLD) Elrond
Step 4 – Purchase Elrond (EGLD)

After you've found Elrond (EGLD), you will be given a Price Chart (in the Center of the picture) and some Order Books (Leftside of the image). Next we're making our own Limit Order.

The field with the “Price” tag will be automatically filled with the most latest rate Elrond (EGLD) was sold for. This can be changed to your desired rate. The ”Amount” field is the quantity of EGLD you like to buy. The field with the “Total” tag is the whole price in Bitcoin that you will settle for the complete volumen of EGLD.

If you're happy, make a mouse click on “Buy EGLD”. Your order will be filled as soon as a Vendor sells their EGLD for the price you introduced.

Step 5 – Withdraw Elrond (EGLD)

Unless you are regularly trading, never keep your crypto coins on an Cryptocurrency Exchange for an longer time period. In order to withdraw your Elrond (EGLD), hover over the tab called “Funds” and click on “Withdraw”. Elrond (EGLD) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Elrond (EGLD) by using the given drop-down box. Enter the amount of Elrond (EGLD) you'd wish to take off. Take into account the shown fees/minimums. Also make sure you have entered your precise withdraw address.

When you're satisfied, make a mouse click on “Submit”. You could be requested for email/phone verification ahead of a withdrawal.

Binance Withdraw

Kudos! You have successfully purchased and stored Elrond (EGLD).

That's it!

Withdrawals from Crypto Trader can take anywhere from 1 – 30 minutes (rely on network usage). Once you have proved your take off with Ethplorer.io or Etherscan.io and the (EGLD) Elrond is stored within your wallet, you're all done.

Some other Guides on How to buy Coins

How to Buy Fixed Trade Coin
How to Buy Smartup
How to Buy Coins
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