How to Buy Elastos (ELA) in Anguilla

A Step-by-Step-Guide on how to buy Elastos (ELA) in Anguilla

Step 1 – Join Coinmama

In the beginning you'll need to purchase one of the top-tier currencies. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Follow the Link below for registration and receive your Ethereum (ETH) or Bitcoin (BTC).

Binance Signup
Step 2 – Transmit Your Bitcoin (BTC) or Ethereum (ETH) to an Exchange

Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Exchange now. Every exchange has a deposit form that is identical. Elastos (ELA) is accessible on Binance, so we will use that as an illustration. Unsure on how to send Coinbase funds to an Exchange? (Follow these easy steps)

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

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, et cetera. In the case you are working with a decentralized exchange, like Airswap or DDEX could be different (Follow our manual).

Step 3 – Locate {Elastos (ELA)|(ELA) Elastos}

Once your deposit has been confirmed, you will directly have access to your assets and you can launch purchasing and trading. To invest in {Elastos (ELA)|(ELA) Elastos} on Binance, you will want to hover over the tab which is called “Exchange” and click on “Basic”.

To discover {Elastos (ELA)|(ELA) Elastos}, you will need to insert the short name of the asset (ELA) into the search-box, which is highlighted in the graphic. Make sure you have choosen the proper pairing, we have highlighted this too. Click on “ELA/BTC” to continue.

{How to buy Coin on Binance 1|Binance How To Buy 1} Elastos (ELA)
Step 4 – Buying {Elastos (ELA)|(ELA) Elastos}

After you have spotted {Elastos (ELA)|(ELA) Elastos}, you'll be presented with a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the image). For now we're going to create our Limit Order.

The ”Price” field will be filled automatically with the recent valuation {Elastos (ELA)|(ELA) Elastos} was sold for. This can be changed to your desired rate. The field with the “Amount” tag is the amount of ELA you like to purchase. The ”Total” field is the aggregated price in BTC that you will pay for the whole amount of ELA.

When you are glad, click on “Buy ELA”. Your plan will be filled as soon as a Seller trades their ELA for the price you offered.

Step 5 – Withdraw {Elastos (ELA)|(ELA) Elastos}

Unless you are regularly trading, best advise is not to keep coins on an Crypto Exchange for an extended time period. In order to withdraw your {Elastos (ELA)|(ELA) Elastos}, go to the tab called “Funds” and click on “Withdraw”. {Elastos (ELA)|(ELA) Elastos} can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find {Elastos (ELA)|(ELA) Elastos} by using the provided drop-down box. Enter the amount of {Elastos (ELA)|(ELA) Elastos} you'd wish to withdraw. Don't forget the displayed fees/minimums. Also make sure you have filled your correct withdraw address.

If you are happy, click “Submit”. You could be asked for phone/email verification before a take off.

Congratulations! You have successfully bought and stored Elastos (ELA) in Anguilla.

That's it!

Withdrawals from Crypto Exchange can take anywhere from 1 – 30 minutes (depending on usage of the network). Once you've proved your withdrawal with Etherscan.io or Ethplorer.io and the {Elastos (ELA)|(ELA) Elastos} is stored in your wallet, you are done.

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