How to buy Elastos(ELA) coins

Elastos (ELA) coins can be purchased on Binance and KuCoin, requiring account creation, identity verification, fund deposit, and selecting the desired ELA trading pair before initiating the purchase.

Nov 28, 2024 at 05:13 pm

How to Buy Elastos (ELA) Coins

Elastos is a revolutionary blockchain platform that is designed to bring the benefits of blockchain technology to a wide range of applications, including smart cities, healthcare, and gaming. The native cryptocurrency of the Elastos platform is ELA, which can be used to pay for goods and services within the Elastos ecosystem, stake for rewards, and vote on governance proposals.

If you are interested in buying ELA coins, there are a few different methods that you can use. In this guide, we will walk you through the step-by-step process of buying ELA coins on two renowned crypto exchanges : Binance and KuCoin.

How to Buy Elastos (ELA) on Binance

Step 1: Create a Binance Account

• Navigate to the Binance website (www.binance.com) and click on the "Register" button in the top right-hand corner of the screen.
• Select your country of residence and provide a valid email address.
• Create a password and agree to Binance's Terms of Service.
• Click on the "Register" button to create your account.

Step 2: Verify Your Identity

• Once you have created your Binance account, you will need to verify your identity in order to comply with Binance's anti-money laundering (AML) and know-your-customer (KYC) regulations.
• Click on the "Verify" button in the top right-hand corner of the screen.
• Select your country of residence and provide a government-issued ID card or passport.
• Follow the instructions on the screen to complete the verification process.

Step 3: Deposit Funds into Your Binance Account

• Once your Binance account has been verified, you will need to deposit funds into your account in order to purchase ELA coins.
• Click on the "Deposit" button in the top right-hand corner of the screen.
• Select the currency that you wish to deposit and follow the instructions on the screen.
• Binance supports a wide range of deposit methods, including bank transfers, credit/debit cards, and cryptocurrencies.

Step 4: Buy ELA Coins

• Once you have deposited funds into your Binance account, you can purchase ELA coins.
• Click on the "Trade" tab in the top menu bar and select the "Spot" trading option.
• In the search bar, type in "ELA" and select the ELA/BTC trading pair.
• Enter the amount of ELA coins that you wish to purchase and click on the "Buy" button.
• Your ELA coins will be credited to your Binance account within a few minutes.

How to Buy Elastos (ELA) on KuCoin

Step 1: Create a KuCoin Account

• Navigate to the KuCoin website (www.kucoin.com) and click on the "Sign Up" button in the top right-hand corner of the screen.
• Provide a valid email address and create a password.
• Agree to KuCoin's Terms of Service and click on the "Sign Up" button.

Step 2: Verify Your Identity

• Once you have created your KuCoin account, you will need to verify your identity in order to comply with KuCoin's AML and KYC regulations.
• Click on the "Account" icon in the top right-hand corner of the screen and select the "Security" option.
• Click on the "Identity Verification" tab and follow the instructions on the screen to complete the verification process.

Step 3: Deposit Funds into Your KuCoin Account

• Once your KuCoin account has been verified, you will need to deposit funds into your account in order to purchase ELA coins.
• Click on the "Assets" tab in the top menu bar and select the "Deposit" option.
• Select the currency that you wish to deposit and follow the instructions on the screen.
• KuCoin supports a wide range of deposit methods, including bank transfers, credit/debit cards, and cryptocurrencies.

Step 4: Buy ELA Coins

• Once you have deposited funds into your KuCoin account, you can purchase ELA coins.
• Click on the "Markets" tab in the top menu bar and select the "Spot Trading" option.
• In the search bar, type in "ELA" and select the ELA/USDT trading pair.
• Enter the amount of ELA coins that you wish to purchase and click on the "Buy" button.
• Your ELA coins will be credited to your KuCoin account within a few minutes.