How to Buy Elrond (EGLD) in Australia

A Step-by-Step-Guide on how to buy Elrond (EGLD) in Australia

Step 1 – Signup to Coinmama

You'll first need to purchase units of the top-tier coins. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click the button below for registration and receive your Bitcoin (BTC) or Ethereum (ETH).

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

Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is similar. Elrond (EGLD) is available on Binance, so we will use that as an illustration. Not sure on how to send funds from Coinbase to an Crypto Trader? (Follow this guide)

Make sure you've selected the correct coin you wish to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etcetera. In the case you are working with a decentralized exchange, like Airswap or DDEX could be divergent (Follow these easy steps).

Step 3 – Find {Elrond (EGLD)|(EGLD) Elrond}

Once your deposit has been verified, you'll now have access to your assets and you can begin invest and trading. To purchase {Elrond (EGLD)|(EGLD) Elrond} on Binance, you'll want to hover over the ”Exchange” tab and click on “Basic”.

In order to discover {Elrond (EGLD)|(EGLD) Elrond}, you'll need to insert the shortname of the coin (EGLD) into the search box, which is highlighted in the image. Be certain of having selected the correct pairing, we've highlighted this also. Click on “EGLD/BTC” to proceed.

{How to buy Coin on Binance 1|Binance How To Buy 1} Elrond (EGLD)
Step 4 – Purchasing {Elrond (EGLD)|(EGLD) Elrond}

After you have discovered {Elrond (EGLD)|(EGLD) Elrond}, you will be given a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). Next we're going to create our own Limit Order.

The field with the “Price” tag will be filled with the latest rate {Elrond (EGLD)|(EGLD) Elrond} was sold for. This can be changed to your preferred rate. The field with the “Amount” tag is the amount of EGLD you want to purchase. The ”Total” field is the whole price in Bitcoin that you'll pay for the complete amount of EGLD.

If you're glad, click on “Buy EGLD”. Your plan will be filled when a Seller sells their EGLD for the price you offered.

Step 5 – Withdraw {Elrond (EGLD)|(EGLD) Elrond}

Unless you are trading, best advise is not to keep crypto on an Exchange for an longer period of time. In order to take off your {Elrond (EGLD)|(EGLD) Elrond}, hover over the tab called “Funds” and click on “Withdraw”. {Elrond (EGLD)|(EGLD) Elrond} can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find {Elrond (EGLD)|(EGLD) Elrond} by using the given drop-down box. Enter the volumen of {Elrond (EGLD)|(EGLD) Elrond} you'd like to take off. Take into account the displayed fees/minimums. Also make sure you have filled your right withdraw address.

When you are satisfied, click on “Submit”. You could be asked for phone/email verification ahead of a take off.

Kudos! You've successfully bought and stored Elrond (EGLD) in Australia.

That's it!

Withdrawals from Crypto Exchange can durate between 1 – 30 minutes (rely on network usage). As soon as you've confirmed your take off using Etherscan.io or Ethplorer.io and the {Elrond (EGLD)|(EGLD) Elrond} is stored within your wallet, you're all done.

And some more interesting Altcoins: