A Step-by-Step-Guide on how to buy Eltcoin (ELTCOIN)
Step 1 – Signup to Kraken In the beginning you'll need to buy units of the top-tier currencies. Exchanges normally accept either Ethereum or Bitcoin in exchange for alternative Coins. Click below to register and receive BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Send Your Funds to an Crypto Trader Your Ethereum or Bitcoin has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is identical. Eltcoin (ELTCOIN) is obtainable on Binance, so we're going to use that as an example. Not sure on how to send funds from Coinbase to an Crypto Trader? (Just follow this how-to) Make sure you have selected the correct coin you would like to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so forth. If you're working with a decentralized exchange, such as Airswap or DDEX could be different (Just follow our guide).
Step 3 – Find Eltcoin (ELTCOIN) As soon as your deposit has been affirmed, you will instantly have access to your assets and you can commence invest and trading. To purchase Eltcoin (ELTCOIN) on Binance, you will want to go to the tab which is called “Exchange” and then mouse click on “Basic”. To locate Eltcoin (ELTCOIN), you will need to put the shortname of the coin (ELTCOIN) into the search-box, which is marked in the image. Be certain of having selected the right pairing, we have marked this also. Click on “ELTCOIN/BTC” to advance.
Step 4 – Purchasing Eltcoin (ELTCOIN) After you have located Eltcoin (ELTCOIN), you'll be presented with a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). Next we are making our own Limit Order. The ”Price” field will be filled with the most up-to-date tariff Eltcoin (ELTCOIN) was sold for. This can be changed to your favoured price. The ”Amount” field is the volumen of ELTCOIN you wish to buy. The ”Total” field is the whole price in Bitcoin that you'll settle for the whole volumen of ELTCOIN. If you are glad, click on “Buy ELTCOIN”. Your order will be filled when a Vender sells their ELTCOIN for the price you submitted.
Step 5 – Withdraw Eltcoin (ELTCOIN) Unless you're frequently trading, never keep your coins on an Crypto Trader for an extended time period. In order to withdraw your Eltcoin (ELTCOIN), hover over the ”Funds” tab and click on “Withdraw”. Eltcoin (ELTCOIN) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Eltcoin (ELTCOIN) by using the given drop-down box. Put into the amount of Eltcoin (ELTCOIN) you'd like to withdraw. Take into account the displayed minimus/fees. Also make sure you have filled your right withdraw address. If you're happy, click on “Submit”. You could be requested for phone/email verification before a take off.