Buying Elcoin (EL) on Binance
Binance could be considered one of the world’s leading trading platforms.
Learning how to purchase Elcoin (EL) is crucial if you want to start out operating on that platform.
Before getting into the alluring realm of crypto within the Binance platform, you must know the following.
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Discover how to register on Binance
Opening a Binance account is the initial step you must accomplish.
Simply follow each of the instructions listed below.
Visit the Binance main page and press on the "Register" key.

You have the direct access here.
Look for the "Register with a phone or email" button in the main page and press it.

The Binance platform is totally compatible with iOS devices as well.
In this guide, we’ll will explain how to do this using an email address.
- First, select the country from the drop down list according to the one you reside.
- The next step is picking a safety password. This is of vital importance since it’s all about your money, so you have to invent a really robust one

- In this step you must accept "Terms of Service" and, if you wish to get information, updates and news from Binance in your email address, mark in the corresponding box
Check the inbox of the email address you indicate at subscription and search the activation code exclusive of your Binance account. Type it in the corresponding box and press "Send"
You’re now a Binance subscriber!.
Now you may access the Binance platform and review all the options it has to offer.
This way you canit is possible to start trading Elcoin (EL) very easily.
The ID verification is a required step you must fulfill to have access to all these options.
Please, take into account that it will be only after you have fulfilled this safety step that you’ll obtain permission to start operating with Elcoin (EL).
In the next instructions, you’ll learn how to do it. Hassle-free.
Learn to complete the verification of your Binance account and begin trading
To become a certified subscriber you have to complete the next steps:
From the user profile menu, pick "Security"
Or simply look for the "Verify" button on the top of the navigator window

Locate the option "Identification" on the left side of the navigator window.
Choose the Country of Residence.
Next, the 3 verification levels:
- The one you already have.
- The Verified.
- The Verified Plus.
will be displayed on screen.

To begin, you should choose "Verified", pressing the "Start now" button under it.
Then a pop-up window will display and there you should write the following data:
- Nationality.
- First and Last Name.
- Middle name and date of birth.
- Residence address (exact).
Now you’ll need to use a legal document to support your identity.
passport, ID card or even a driver’s license will be enough to complete this condition.
Now, you will be asked to take a selfie, following the platform’s instructions.
The final step will be carried out by the Binance system: a certification process that will take only a short time.
Now you must wait until your profile has been accepted. Be patient, the platform will let you know via e-mail.
The following instructions will guide you through the Elcoin (EL) trading process. As soon as you’ve got the confirmation e-mail, you are a Binance authorized Elcoin (EL) trader.
Purchasing Elcoin (EL) on Binance
OK, account confirmed means you can begin purchasing Elcoin (EL) right now.
In this section you’ll see how easy is to invest your money in Elcoin (EL).
It is time to corroborate your identity with a legal document.
ID card, passport or even a license will be enough to fulfill this requirement.
Now the platform will require you to take a selfie under certain conditions.
After completing all those steps, the Binance platform will perform a confirmation process on your account.
Now you must wait until your profile has been accepted. Be patient, Binance will let you know via email.
Congrats! As soon as you’ve got the confirmation you’re officially enabled to buy Elcoin (EL). The following guidelines will be helpful.
Purchasing Elcoin (EL) on Binance
Since you have subscribed to the platform and got your account approved, you can start trading.
In this section you’ll discover how easy is to convert money into Elcoin (EL).
Some steps might have alternative paths
The "Buy cryptos" menu on the Binance homepage should be your reference at buying time.

Needless to say you must log into your account to do this
Move your mouse over this key and a list of buying alternatives will deploy.
It is time to support your identity with a legal document.
You can do this with your ID card, passport, or license.
Follow the system guidelines to take a selfie.
The last step will be made by the Binance platform: a certification process that will just take a while.
When your application has been accepted, you will be notified via email, just be patient.
Congrats! Now you’re officially enabled to buy Elcoin (EL). See the guidelines that follow.
Buying Elcoin (EL) on Binance
Since you have subscribed to the Binance platform and have your account verified, you can start trading.
In this segment you’ll see how simple is to buy a Elcoin (EL).
Be aware that you have more than one option for this process
To find out which alternatives can be found when making a purchase, see the "Buy cryptos" menu on the Binance homepage.

Certainly, you’ll only be able to do this after you’ve logged in
Placing your mouse pointer over this option will display a list of alternatives for making your purchase.
Making use of your credit or debit card to buy Elcoin (EL)
Go to the "Buy Cryptos" and select the credit card-related option from the menu.
Read on for detailed guidelines:
Currency preferred and how much to invest must be defined here.

In the second field you should choose the Elcoin (EL) you’d like to purchase
The number of Elcoin (EL) you’ll get will depend upon the amount of USD you have previously specified. The Binance platform will immediately display it.
After that, just carry out the following directions:
Now you must pick the currency you wish to buy with and type the amount you are going to invest.

In the next field you must select the Elcoin (EL) you wish to purchase
The number of Elcoin (EL) you’ll receive will depend upon the amount of USD you’ve recently specified. The Binance system will immediately show it to you.
Click on "Continue".
To use your CC as a payment method, pick in the "Visa/Mastercard" box the option "Add card".

Then the system will ask you to type your card details.
Your credit card’s associated address should be stated next. Be very careful, since you’ll need to type it exactly as it is, otherwise the card could not be accepted. Then press "Add card".
With this step, your card will be added to the valid methods of payment in your account. Click "Continue".
The next screen will display a snapshot of the transaction about to be completed. It includes the sum your card will be charged, the chosen currency and the amount of Elcoin (EL) purchased.
It will also state the commission you should pay for the purchase.
Within the next 60 seconds press "Confirm", there after the order will be automatically terminated.

Next, you will be sent towards the banking platform the credit card has been issued by. There you should complete a normal online payment using your credit card.
Your recently purchased Elcoin (EL) will be credited to your Binance e-wallet (called the «Spot Wallet») as soon as the banking procedure is complete
Buy Elcoin (EL) via Binance P2P
This is a transaction made «Person To Person», i.e.: exchanging Elcoin (EL)
with another Binance user. In that case, you should add the payment method you wish to apply first.
The platform will now show you the details of the order you are about to complete. The amount your card will be charged in the currency you’ve selected, and the Elcoin (EL) you will receive.
It will also show you the commission will be charged for the operation.
Now you must certify the order pressing the "Confirm" button within the following 60 seconds, or it will be automatically terminated.

After this, you’ll be sent to the site of the bank issuing the credit card. Follow the steps in the same way you would normally generate a payment with your card.
As soon as the banking process has been done, you will get your recently bought Elcoin (EL) in your Binance e-wallet (referred to as the «Spot Wallet»)
Buy Elcoin (EL) with Binance P2P
Another option you have to get crypto is to trade it
with another user. You should state the payment method you would want to use first.

- Go to your account and click on "Security".
- From the list on the left-hand side select "Payment".
- Choose "Add a Payment Method" and the system will guide you through the rest of the process.
After you have included the new method of payment to your profile, move to the "Buy Crypto" menu (top bar of the navigator), select the "Trading P2P" option, and follow the directions below:
- Press the "Buy" button on the upper bar of the "P2P Account" tab
- This bar shows the list of Elcoin (EL) available for buying via P2P trading. Choose the one you want, here we will use «USDT» as an example.Any Elcoin (EL) bought through P2P trading is allowed to be exchanged by any of the currencies available on Binance.
- Look for the "Fiat" label on the top menu and deploy the drop-down menu to see all available currencies. We’ll use «VES» in this example.
- Now you must indicate the sum in VES you’re going to use in the "Amount" box.
- You will see a register of traders’ ads as soon as you select the method of payment.
- Any of the traders shown in the list can be chosen, but it is recommendable to select a verified one (with the blue diamond mark), and better, a high-volume seller (gold star badge).
- Next click on "Buy USDT"
- Now the amount you wish to invest in VES must be input
- Again, select "Buy USDT"
- Now an order has been generated and the seller and you will contact. Pay, click on "Transferred, Next" and then press "Confirm". Note that there’s a time limit for you to make the payment.
The right way to transfer your Elcoin (EL) to the Spot Wallet
The trader, upon validating money reception, will immediately release the Elcoin (EL).
The place where Elcoin (EL) are transferred to is your account wallet.
NB: you will need to send them to your Spot Wallet in order for you to purchase any other crypto.
To do this, all you have to do is click on "Transfer to Spot Wallet" immediately after the buying order has been completed.
If you forget to follow this step right after the purchase, no problem at all: you’ll always be able to do it at any moment.
How to transfer your Elcoin (EL) to the Spot Wallet
The seller, upon validating money reception, will automatically release the Elcoin (EL).
You may see your wallet Binance balance to confirm reception.
Take into account that your Elcoin (EL) must be in your Spot Wallet in order for you to get others, so you must send them there before.
That’s quite simple: just click on "Transfer to Spot Wallet" immediately after the purchase order is completed.
In the event you didn’t follow this step, don’t stress, you can move the cryptos at any other time.

- Press "Wallet Funds" from the "Wallet" drop-down menu.
- See the "Transfer" button at the top right and click on it.
- A new window will pop-up, where you must set the options to:
- From: "Funds"
- To: "Fiat and Spot"
- For this post, we will use «USDT» as an example, but you’ll obviously select the currency you have
- Type the cryptos you are sending to the spot walet and press "Confirm".
That’s it! Now you will have funds in the Spot Wallet and you will be able to buy any of the huge selection of Elcoin (EL) within the Binance platform.

Purchase any crypto from the Binance platform just following the instructions detailed below:
- Select the "Trading" menu in the top section.
- Click on "Convert" from the list.
- Fill in the box the amount of «USDT» you want to invest.
- Choose the cryptocurrency you wish to buy.
- Press "Preview conversion".
- Confirm the transaction and that’s all. You will have the amount of the selected cryptocurrency in your Spot Wallet.
That’s it! This way you will have funds in the Spot Wallet and you will be able to trade any of the several of Elcoin (EL) within the Binance platform.

To buy Elcoin (EL) from the Binance platform all you have to do is described below:
- Locate the "Trading" option in the top top section.
- From the list choose the "Convert" alternative.
- Indicate the amount of «USDT» you wish to spend.
- Now indicate the cryptocurrency you’re interested in.
- Press "Preview conversion".
- Confirm the operation and that’s it. You now will have the funds of the chosen cryptocurrency in your Spot Wallet.
This text have surely pictured you a detailed panorama of what Binance is and how you can do business with Elcoin (EL) on it.
Cryptos have come to stay, and Binance is a safe and friendly place to do business. Begin right now!