A Step-by-Step-Guide on how to buy Elysian (ELY)
Step 1 – Join Coinbase and get 10$ for free You'll first need to buy units of the major currencies. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Click the button below for registration and receive your first 10 Dollar.
Step 2 – Transmit Your Ethereum or Bitcoin to an Exchange Your Ethereum or Bitcoin has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is similar. Elysian (ELY) is accessible on Binance, so we're going to use that as an example. Unsure on how to send Coinbase funds to an Crypto Trader? (Follow this guide) Make sure you have selected the exact coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etcetera. If you're working with a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our how-to).
Step 3 – Find Elysian (ELY) Once your deposit has been verified, you will directly have access to your funds and you can start buying and trading. To purchase (ELY) Elysian on Binance, you will want to go to the “Exchange” tab and then click on “Basic”. In order to spot Elysian (ELY), you will need to put the short name of the asset (ELY) into the search box, which is highlighted in the graphic. Be certain of having selected the right pairing, we have marked this also. Click on “ELY/BTC” to go ahead.
Step 4 – Purchase (ELY) Elysian Once you've spotted (ELY) Elysian, you will be presented with a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). For now we're creating our Limit Order. The “Price” field will be automatically filled with the latest price Elysian (ELY) was sold for. This can be changed to your preferred price. The field with the “Amount” tag is the quantity of ELY you wish to buy. The “Total” field is the total price in BTC that you'll pay for the whole quantity of ELY. When you are glad, click on “Buy ELY”. Your plan will be filled as soon as a Vender sells their ELY for the price you gave.
Step 5 – Withdraw Elysian (ELY) Unless you're frequently trading, never keep your crypto on an Crypto Trader for an extended time frame. To take off your Elysian (ELY), hover over the “Funds” tab and click on “Withdraw”. Elysian (ELY) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate (ELY) Elysian by using the provided drop-down box. Put into the quantity of (ELY) Elysian you'd like to withdraw. Don't forget the presented minimus/fees. Also make sure you have entered your correct withdraw address. When you are satisfied, make a mouse click on “Submit”. You could be asked for verfication via email/phone before a withdrawal.