How to Buy Elrond ERD (ERD)

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

Step 1 – Join Coinbase and recieve 10$ for free

You'll first need to purchase units of the major currencies. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Click the button below for registration and getting your first 10 Dollar.

Binance Signup
Step 2 – Send Your Funds to an Exchange

Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is alike. Elrond ERD (ERD) is available on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Crypto Trader? (Just follow this how-to)

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

BTC must be sent to a BTC deposit address, ETH to an Ethereum deposit address, and so forth. If you're dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow these easy steps).

Step 3 – Locate Elrond ERD (ERD)

As soon as your deposit has been confirmed, you'll immediately have access to your assets and you can commence buying and trading. To invest in (ERD) Elrond ERD on Binance, you will want to go to the tab which is called “Exchange” and after that mouse click on “Basic”.

In order to find (ERD) Elrond ERD, you'll need to insert the shortname of the coin (ERD) into the search-box, which is marked in the picture. Be certain of having selected the right grouping, we've highlighted this also. Click on “ERD/BTC” to go ahead.

How to buy Coin on Binance 1 Elrond ERD (ERD)
Step 4 – Buy (ERD) Elrond ERD

As soon as you have spotted (ERD) Elrond ERD, you'll be presented with a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the image). For now we are making our own Limit Order.

The “Price” field will be filled with the most recent valuation Elrond ERD (ERD) was traded for. This can be changed to your desired price. The “Amount” field is the quantity of ERD you want to buy. The field with the “Total” tag is the whole price in BTC that you will pay for the whole volumen of ERD.

If you are happy, make a mouse click on “Buy ERD”. Your plan will be filled as soon as a Vender sells their ERD for the price you gave.

Step 5 – Withdraw Elrond ERD (ERD)

Unless you are regularly trading, best advise is not to keep your crypto on an Crypto Trader for an longer time frame. To take off your (ERD) Elrond ERD, go to the “Funds” tab and click on “Withdraw”. Elrond ERD (ERD) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Elrond ERD (ERD) by using the given drop-down box. Enter the volumen of Elrond ERD (ERD) you'd wish to take off. Take into account the demonstrated minimus/fees. Also make sure you have entered your precise withdraw address.

When you are satisfied, click “Submit”. You may be asked for phone/email verification before a take off.

Kudos! You have successfully purchased and stored (ERD) Elrond ERD.

That's it!

Withdrawals from Crypto Trader can durate anywhere from 1 – 30 minutes (rely on network usage). Once you've proved your withdrawal with Etherscan.io or Ethplorer.io and the Elrond ERD (ERD) is stored in your wallet, you're done.