How to Buy Elicoin (ELI)

A Step-by-Step-Guide on how to buy Elicoin (ELI)

Step 1 – Signup to Coinbase and get 10$ for free

You will first need to purchase units of the bigger currencies. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Follow the Link below to register and to get your welcome 10 Dollar.

Binance Signup
Step 2 – Transmit Your Funds to an Cryptocurrency Exchange

Your Bitcoin or Ethereum has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. Elicoin (ELI) is accessible on Binance, so we're going to use that as an illustration. Not sure on how to send Coinbase funds to an Crypto Exchange? (Just follow these easy steps)

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

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so forth. If you are working with a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our guide).

Step 3 – Locate Elicoin (ELI)

As soon as your deposit has been verified, you will immediately have access to your assets and you can start invest and trading. To purchase Elicoin (ELI) on Binance, you'll want to hover over the tab which is called “Exchange” and after that click on “Basic”.

To discover Elicoin (ELI), you will need to insert the cointype (ELI) into the search box, which is highlighted in the graphic. Be certain of having choosen the proper pairing, we have marked this also. Click on “ELI/BTC” to proceed.

Binance How To Buy 1 Elicoin (ELI)
Step 4 – Buy Elicoin (ELI)

Once you have found Elicoin (ELI), you will be given a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the picture). Next we are going to create our Limit Order.

The “Price” field will be automatically filled with the latest tariff (ELI) Elicoin was sold for. This can be changed to your desired price. The “Amount” field is the volumen of ELI you want to purchase. The “Total” field is the whole price in BTC that you will pay for the whole quantity of ELI.

If you're happy, make a mouse click on “Buy ELI”. Your order will be filled when a Vender sells their ELI for the price you gave.

Step 5 – Withdraw (ELI) Elicoin

Unless you're trading, best advise is not to keep crypto coins on an Cryptocurrency Exchange for an extended time frame. In order to withdraw your Elicoin (ELI), go to the tab called “Funds” and mouse click on “Withdraw”. Elicoin (ELI) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Elicoin (ELI) by using the given drop-down box. Enter the amount of Elicoin (ELI) you would wish to withdraw. Take into account the displayed fees/minimums. Also make sure you have filled your correct withdraw address.

When you are satisfied, click on “Submit”. You may be asked for verfication via phone/email ahead of a take off.

Congratulations! You've successfully purchased and safed (ELI) Elicoin.

That's it!

Take offs from Exchange can durate between 1 – 30 minutes (depending on usage of the network). As soon as you have confirmed your withdrawal with Ethplorer.io or Etherscan.io and the Elicoin (ELI) is safe within your wallet, you are finished.