How to Buy Elastos (ELA) in Armenia

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

Step 1 – Join Coinmama

You will first need to buy one of the major coins. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Follow the Link below for registration and getting your BTC (Bitcoin) or ETH (Ethereum).

Binance Signup
Step 2 – Send Your Ethereum or Bitcoin to an Cryptocurrency Exchange

Your Ethereum or Bitcoin will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. Elastos (ELA) is obtainable on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this guide)

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

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etc. If you are using a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow these easy steps).

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

Once your deposit has been affirmed, you'll directly have access to your finances and you can initiate buying and trading. To buy {Elastos (ELA)|(ELA) Elastos} on Binance, you'll want to go to the ”Exchange” tab and after that mouse click on “Basic”.

To find {Elastos (ELA)|(ELA) Elastos}, you'll need to insert the cointype (ELA) into the search box, which is highlighted in the graphic. Make sure you have selected the right pairing, we've highlighted this too. Click on “ELA/BTC” to proceed.

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

As soon as you have found {Elastos (ELA)|(ELA) Elastos}, you'll be presented with a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). For now we are going to make our Limit Order.

The field with the “Price” tag will be filled with the recent valuation {Elastos (ELA)|(ELA) Elastos} was traded for. You can change this to your desired price. The ”Amount” field is the quantity of ELA you like to purchase. The ”Total” field is the total price in BTC that you'll settle for the whole quantity of ELA.

When you are satisfied, make a mouse click on “Buy ELA”. Your plan will be filled when a Vender sells their ELA for the price you introduced.

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

Unless you're trading, best advise is not to keep your coins on an Cryptocurrency Exchange for an longer time frame. In order to take off your {Elastos (ELA)|(ELA) Elastos}, hover over the ”Funds” tab and click on “Withdraw”. {Elastos (ELA)|(ELA) Elastos} can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate {Elastos (ELA)|(ELA) Elastos} by using the given drop-down box. Put into the quantity of {Elastos (ELA)|(ELA) Elastos} you would like to take off. Don't forget the presented fees/minimums. Also make sure you have filled your precise withdraw address.

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

Kudos! You've successfully bought and stored Elastos (ELA) in Armenia.

That's it!

Withdrawals from Crypto Exchange can durate between 1 – 30 minutes (depending on network usage). Once you've confirmed your take off with Etherscan.io or Ethplorer.io and the {Elastos (ELA)|(ELA) Elastos} is stored in your wallet, you're finished.

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