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 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Trader

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

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

BTC must be sent to a BTC deposit address, Ethereum to an ETH deposit address, and so forth. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be different (Follow our how-to).

Step 3 – Find Elastos (ELA)

As soon as your deposit has been approved, you will directly have access to your finances and you can begin buying and trading. To buy Elastos (ELA) on Binance, you'll want to go to the tab which is called “Exchange” and after that mouse click on “Basic”.

To discover Elastos (ELA), you will need to insert the shortname of the coin (ELA) into the search box, which is marked in the image. Be certain of having choosen the right pairing, we have marked this also. Click on “ELA/BTC” to progress.

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

Once you have located Elastos (ELA), you will be presented with a Price Chart (in the Center of the picture) and some Order Books (on the Left of the picture). Next we're going to create our own Limit Order.

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

When you're happy, click on “Buy ELA”. Your plan will be filled as soon as a Vendor trades their ELA for the price you gave.

Step 5 – Withdraw Elastos (ELA)

Unless you are regularly trading, best advise is not to keep crypto on an Cryptocurrency Exchange for an extended period of time. In order to take off your Elastos (ELA), go to the tab called “Funds” and mouse click on “Withdraw”. Elastos (ELA) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find Elastos (ELA) by using the provided drop-down box. Put into the volumen of Elastos (ELA) you'd wish to take off. Don't forget the displayed fees/minimums. Also make sure you have filled your correct withdraw address.

When you're satisfied, click on “Submit”. You could be requested for phone/email verification before a take off.

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

That's it!

Take offs from Cryptocurrency Exchange can take between 1 – 30 minutes (depending on network usage). As soon as you have confirmed your take off using Etherscan.io or Ethplorer.io and the Elastos (ELA) is safe inside your wallet, you're done.

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