A Step-by-Step-Guide on how to buy Eltcoin (ELTCOIN)
Step 1 – Join Coinbase and recieve 10$ for free You'll first need to purchase units of the major currencies. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Click below for registration and receive your first 10 Dollar.
Step 2 – Transmit Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. Eltcoin (ELTCOIN) is available on Binance, so we're going to use that as an illustration. Not sure on how to send Coinbase funds to an Crypto Trader? (Follow this how-to) Make sure you have selected the correct coin you wish to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etcetera. If you're using a decentralized exchange, like Airswap or DDEX could be divergent (Follow our how-to).
Step 3 – Find Eltcoin (ELTCOIN) Once your deposit has been confirmed, you'll directly have access to your finances and you can initiate purchasing and trading. To buy Eltcoin (ELTCOIN) on Binance, you'll want to go to the “Exchange” tab and then mouse click on “Basic”. To spot Eltcoin (ELTCOIN), you will need to insert the cointype (ELTCOIN) into the search box, which is highlighted in the picture. Make sure you have choosen the correct pairing, we've marked this also. Click on “ELTCOIN/BTC” to advance.
Step 4 – Acquisition of (ELTCOIN) Eltcoin After you have found Eltcoin (ELTCOIN), you will be presented with a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the picture). For now we're making our own Limit Order. The “Price” field will be filled with the most up-to-date price Eltcoin (ELTCOIN) was traded for. You can change this to your favoured rate. The field with the “Amount” tag is the quantity of ELTCOIN you wish to buy. The “Total” field is the aggregated price in Bitcoin that you'll pay for the whole volumen of ELTCOIN. When you're glad, click on “Buy ELTCOIN”. Your plan will be filled when a Vendor sells their ELTCOIN for the price you offered.
Step 5 – Withdraw (ELTCOIN) Eltcoin Unless you're trading, you should never keepyour crypto coins on an Crypto Exchange for an extended time frame. To withdraw your Eltcoin (ELTCOIN), go to the “Funds” tab and click on “Withdraw”. Eltcoin (ELTCOIN) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Eltcoin (ELTCOIN) by using the given drop-down box. Enter the quantity of Eltcoin (ELTCOIN) you would wish to withdraw. Don't forget the displayed minimus/fees. Also make sure you have filled your precise withdraw address. When you are happy, click “Submit”. You could be requested for verfication via phone/email before a take off.