How to Buy Elamachain (ELAMA)

A Step-by-Step-Guide on how to buy Elamachain (ELAMA)

Step 1 – Signup to Coinbase and receive 10$ in Bitcoin

In the beginning you'll need to buy units of the top-tier coins. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Follow the Link below to register and to get ETH (Ethereum) or BTC (Bitcoin).

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

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

Make sure you have chosen the correct coin you want to deposit.

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

Step 3 – Find (ELAMA) Elamachain

As soon as your deposit has been confirmed, you'll immediately have access to your funds and you can commence invest and trading. To invest in Elamachain (ELAMA) on Binance, you'll want to go to the “Exchange” tab and click on “Basic”.

In order to find Elamachain (ELAMA), you'll need to put the short name of the asset (ELAMA) into the search box, which is highlighted in the graphic. Make sure you have choosen the correct grouping, we have marked this also. Click on “ELAMA/BTC” to advance.

How to buy Coin on Binance 1 Elamachain (ELAMA)
Step 4 – Buying Elamachain (ELAMA)

After you've found Elamachain (ELAMA), you'll be presented with a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). Next we're making our Limit Order.

The “Price” field will be automatically filled with the recent rate (ELAMA) Elamachain was sold for. This can be changed to your preferred price. The field with the “Amount” tag is the quantity of ELAMA you want to buy. The field with the “Total” tag is the total price in BTC that you will settle for the whole volumen of ELAMA.

If you are glad, click on “Buy ELAMA”. Your plan will be filled as soon as a Seller sells their ELAMA for the price you submitted.

Step 5 – Withdraw Elamachain (ELAMA)

Unless you are frequently trading, never keep your crypto on an Crypto Trader for an longer time period. To take off your Elamachain (ELAMA), hover over the “Funds” tab and mouse click on “Withdraw”. Elamachain (ELAMA) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find (ELAMA) Elamachain by using the provided drop-down box. Drop in the quantity of Elamachain (ELAMA) you would wish to take off. Take into account the shown minimus/fees. Also make sure you have filled your correct withdraw address.

When you're happy, make a mouse click on “Submit”. You may be requested for verfication via email/phone ahead of a withdrawal.

Congrats! You have successfully purchased and stored Elamachain (ELAMA).

That's it!

Withdrawals from Exchange can take anywhere from 1 – 30 minutes (depending on usage of the network). As soon as you have confirmed your take off using Etherscan.io or Ethplorer.io and the Elamachain (ELAMA) is stored within your wallet, you're done.