A Step-by-Step-Guide on how to buy Electrify.Asia (ELEC)
Step 1 – Join Coinbase and get 10$ for free In the beginning you'll need to purchase units of the bigger currencies. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Click below for registration and to get your first $10.
Step 2 – Transmit Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Exchange Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Exchange now. All exchanges have a deposit form that is alike. Electrify.Asia (ELEC) is available on Binance, so we're going to use that as an sample. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this manual) Make sure you've selected the precise coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so forth. If you're working with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow these easy steps).
Step 3 – Locate Electrify.Asia (ELEC) As soon as your deposit has been verified, you'll directly have access to your assets and you can launch purchasing and trading. To buy Electrify.Asia (ELEC) on Binance, you will want to go to the tab which is called “Exchange” and after that click on “Basic”. In order to spot (ELEC) Electrify.Asia, you'll need to insert the short name of the asset (ELEC) into the search-box, which is highlighted in the picture. Be certain of having choosen the proper pairing, we have marked this too. Click on “ELEC/BTC” to proceed.
Step 4 – Purchase (ELEC) Electrify.Asia After you have spotted Electrify.Asia (ELEC), you will be presented with a Price Chart (in the Center of the image) and some Order Books (on the Left of the picture). Next we're creating our Limit Order. The “Price” field will be automatically filled with the most recent tariff Electrify.Asia (ELEC) was traded for. This can be changed to your favoured price. The field with the “Amount” tag is the amount of ELEC you want to purchase. The “Total” field is the whole price in Bitcoin that you will pay for the whole amount of ELEC. If you are glad, click on “Buy ELEC”. Your order will be filled when a Seller sells their ELEC for the price you submitted.
Step 5 – Withdraw (ELEC) Electrify.Asia Unless you are regularly trading, best advise is not to keep your crypto coins on an Crypto Exchange for an extended time frame. In order to take off your (ELEC) Electrify.Asia, hover over the tab called “Funds” and click on “Withdraw”. Electrify.Asia (ELEC) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate (ELEC) Electrify.Asia by using the provided drop-down box. Enter the quantity of Electrify.Asia (ELEC) you'd wish to take off. Take into account the demonstrated fees/minimums. Also make sure you have filled your correct withdraw address. If you're glad, make a mouse click on “Submit”. You could be asked for verfication via email/phone before a withdrawal.