How to Buy Elrond (EGLD)

A Step-by-Step-Guide on how to buy Elrond (EGLD)

Step 1 – Join Coinbase – Get Free $10

In the beginning you'll need to purchase units of the major coins. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Follow the Link below to register and receive your welcome 10$.

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

Your Ethereum or Bitcoin will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. Elrond (EGLD) is obtainable on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Crypto Trader? (Just follow this manual)

Make sure you've selected the correct coin you would like to deposit.

Bitcoin must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etcetera. In the case you are using a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our manual).

Step 3 – Find Elrond (EGLD)

As soon as your deposit has been confirmed, you'll now have access to your finances and you can begin purchasing and trading. To buy (EGLD) Elrond on Binance, you'll want to go to the “Exchange” tab and click on “Basic”.

In order to locate Elrond (EGLD), you will need to put the short name of the asset (EGLD) into the search box, which is highlighted in the graphic. Be certain of having selected the right grouping, we've highlighted this too. Click on “EGLD/BTC” to continue.

Binance How To Buy 1 Elrond (EGLD)
Step 4 – Buy (EGLD) Elrond

Once you have located (EGLD) Elrond, you'll be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). For now we're going to create our Limit Order.

The “Price” field will be filled automatically with the latest price Elrond (EGLD) was sold for. This can be changed to your favoured rate. The “Amount” field is the amount of EGLD you wish to buy. The field with the “Total” tag is the total price in BTC that you will pay for the complete volumen of EGLD.

When you are happy, make a mouse click on “Buy EGLD”. Your order will be filled as soon as a Vendor sells their EGLD for the price you introduced.

Step 5 – Withdraw Elrond (EGLD)

Unless you're frequently trading, best advise is not to keep crypto coins on an Exchange for an extensive time period. To take off your (EGLD) Elrond, hover over the tab called “Funds” and mouse click on “Withdraw”. Elrond (EGLD) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find Elrond (EGLD) by using the provided drop-down box. Drop in the amount of Elrond (EGLD) you'd like to withdraw. Take into account the demonstrated minimus/fees. Also make sure you have entered your right withdraw address.

If you are happy, click on “Submit”. You could be requested for email/phone verification before a withdrawal.

Kudos! You have successfully purchased and safed (EGLD) Elrond.

That's it!

Take offs from Exchange can take between 1 – 30 minutes (depending on usage of the network). Once you have confirmed your withdrawal using Ethplorer.io or Etherscan.io and the (EGLD) Elrond is stored inside your wallet, you're finished.