How to Buy Elastos (ELA)

A Step-by-Step-Guide on how to buy Elastos (ELA)

Step 1 – Join Coinbase – Get Free $10

You'll first need to buy units of the major coins. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Follow the Link below for registration and receive your welcome 10 Dollar.

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

Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is similar. Elastos (ELA) is accessible on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Crypto Exchange? (Follow these easy steps)

Make sure you've selected the right coin you wish to deposit.

BTC must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, et cetera. In the case you're working with a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our how-to).

Step 3 – Locate (ELA) Elastos

Once your deposit has been verified, you'll immediately have access to your funds and you can launch buying and trading. To invest in (ELA) Elastos on Binance, you'll want to go to the tab which is called “Exchange” and after that click on “Basic”.

In order to discover (ELA) Elastos, you will need to put the shortname of the coin (ELA) into the search-box, which is marked in the picture. Be certain of having selected the right grouping, we've highlighted this too. Click on “ELA/BTC” to progress.

How to buy Coin on Binance 1 Elastos (ELA)
Step 4 – Buying Elastos (ELA)

After you have found Elastos (ELA), you will be presented with a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the image). Next we're going to create our Limit Order.

The “Price” field will be filled automatically with the recent tariff (ELA) Elastos was traded for. This can be changed to your desired price. The field with the “Amount” tag is the volumen of ELA you want to purchase. The “Total” field is the aggregated price in BTC that you will pay for the whole volumen of ELA.

When you are satisfied, make a mouse click on “Buy ELA”. Your plan will be filled when a Vendor trades their ELA for the price you submitted.

Step 5 – Withdraw Elastos (ELA)

Unless you are frequently trading, best advise is not to keep your coins on an Crypto Trader for an extensive period of time. In order to take off your Elastos (ELA), hover over the tab called “Funds” and mouse click on “Withdraw”. (ELA) Elastos can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (ELA) Elastos by using the provided drop-down box. Enter the amount of Elastos (ELA) you'd wish to withdraw. Don't forget the displayed fees/minimums. Also make sure you have entered your correct withdraw address.

If you're satisfied, click “Submit”. You could be requested for phone/email verification before a withdrawal.

Congratulations! You have successfully bought and safed (ELA) Elastos.

That's it!

Withdrawals from Cryptocurrency Exchange can take anywhere from 1 – 30 minutes (rely on network usage). Once you've confirmed your take off with Ethplorer.io or Etherscan.io and the (ELA) Elastos is safe inside your wallet, you're finished.