Buying Elastos (ELA) opens the door to an innovative blockchain ecosystem that’s transforming how we use the internet. Elastos is a decentralised platform built on SmartWeb technology, designed to create a secure and scalable version of the internet. Founded in 2017, Elastos introduced BeL2, a groundbreaking Layer 2 solution that enhances Bitcoin’s capabilities by enabling smart contracts, improving scalability, and unlocking staked Bitcoin’s liquidity.
Known as the “BTC Queen” due to its high security backed by Bitcoin’s hash power, Elastos offers a robust framework for developers and businesses. Its unique design separates main chain and side chain functionalities, ensuring flexibility and efficiency.
If you’re ready to join this blockchain revolution, understanding how to buy Elastos is the first step. Let’s dive into the simple steps to acquire ELA and become a part of this visionary network.
How To Buy Elastos In 4 Easy Steps?
The given steps give you an easy and organised way of buying and securing your Elastos token.
Step 1: Choose A Crypto Exchange Platform
Selecting a reliable exchange is crucial for purchasing Elastos. Start by choosing a platform that meets your payment preferences and offers strong security features. If you want to buy with fiat currencies, Coinbase and Crypto.com allow direct purchases with USD, making them great options for users in the US.
For those using the Indonesian Rupiah, TRIV provides a straightforward way to buy Elastos. On the other hand, if you prefer altcoins, platforms like BitGet, HTX, BingX, Gate.io, and CoinDCX offer USDT pairs. Additionally, KuCoin and CoinEx support Elastos purchases with Bitcoin (BTC). Pick the exchange that best suits your needs for a smooth buying process.
Step 2: Register On Any Of The Platform
After choosing your preferred exchange, create an account by visiting its signup page. You’ll need to enter your basic details, including your email address and phone number. To complete the process, identity verification is required through a valid ID, such as a passport or driver’s license.
Most platforms verify your account within a few hours, enabling you to start trading Elastos tokens as soon as the registration is complete.
Step 3: Buy The Cryptocurrency Using Your Feasible Payment Method
Once your account is ready, deposit funds to make your purchase. If you’re buying Elastos with USD, you can use Coinbase or Crypto.com for direct transactions. Users in Indonesia can buy it with their local currency via TRIV.
For those holding altcoins, you can buy Elastos using Tether (USDT) on platforms like BitGet, KuCoin, BingX, Gate.io, and HTX. If you prefer using Bitcoin (BTC), KuCoin and CoinEx offer trading pairs with Elastos. Choose your payment method carefully, whether it’s a bank transfer, credit card, or wallet transfer, and follow the platform’s instructions to finalise your purchase.
Step 4: Store The Cryptocurrency In A Wallet
After purchasing Elastos, transferring it to a secure wallet is essential to protect your funds. Keeping your tokens on an exchange could expose them to online risks, so it’s best to move them to a personal wallet.
Several wallets support Elastos, including Elephant Wallet, MetaMask, Essentials Wallet, and Guarda Wallet. To transfer your tokens, simply withdraw them from the exchange and enter your wallet’s public address. Confirm the amount you want to move, and once the transaction is processed, your Elastos tokens will be securely stored, giving you peace of mind.
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Where To Buy Elastos (ELA)
Bitget is a Seychelles-based centralised crypto exchange, known for its innovative copy trading and smart trading tools. Serving over 20 million users across 100+ countries, Bitget offers spot, futures, and margin trading, along with services like staking, Launchpad, and crypto loans. Its native token, BGB, provides benefits like fee discounts and exclusive access to new projects. Bitget Wallet supports 90+ blockchains for NFTs and swaps. Endorsed by Lionel Messi and top gaming teams, Bitget continues to redefine smart crypto trading through its “Trade Smarter” philosophy.
Factsheet
Operational Since: | 2018 |
Deposit Methods: | Credit/Debit Card, Bank Transfer, Cryptocurrencies |
Deposit Fees: | Crypto Deposit is Free, Fiat deposit varies with payment method |
Cryptos Listed: | 800+ |
Trading Fees: | 0.1% For both maker and taker |
Fiat Currencies Supported: | USD, EUR, GBP, TRY, BRL, and ZAR |
Trustworthiness: | Safe and Reliable |
Coinbase is a US-based exchange founded in 2012 by Brian Armstrong and Fred Ehrsam. It offers secure crypto trading and storage with a beginner-friendly interface. The platform supports PayPal withdrawals and a built-in wallet for easy asset management. Advanced users can access lower fees and robust trading tools via the “Advanced Trade” feature. Coinbase prioritises regulatory compliance, making it a trusted choice in the US. It is publicly listed on NASDAQ and remains one of the most reliable and accessible platforms globally.
Factsheet
Operational Since: | 2012 |
Deposit Methods: | Cryptocurrency, Bank Transfer, Debit/Credit Card, PayPal and SWIFT. |
Deposit Fees: | Wallet: 1.49% fee, Card: 3.99%, ACH: Free, Wire: Fees. |
Cryptos Listed: | 247+ |
Trading Fees: | 0.00% to 0.40% for maker fees, and 0.05% to 0.60% for taker fees |
Fiat Currencies Supported: | 60+ fiat currencies |
Trustworthiness: | Safe and Reliable |
Founded in 2017, KuCoin is a global centralised exchange supporting over 30 million users across 200 countries. Known as the “People’s Exchange,” KuCoin offers spot, futures, staking, and lending services. Its feature-rich mobile app simplifies crypto trading on the go. KuCoin’s unique token, KCS, offers holders rewards like trading fee discounts and staking income. While its trading volume is smaller than some competitors, KuCoin remains a user-favourite for its security, low fees, and innovative products like the KuCoin Trading Bot and NFT marketplace.
Factsheet
Operational Since: | 2017 |
Deposit Methods: | P2P Trading, Debit/Credit Card, Third Party Payment, Bank Transfer |
Deposit Fees: | Free |
Cryptos Listed: | 700+ |
Trading Fees: | 0.005-0.01% depending on your tier level |
Fiat Currencies Supported: | 28+ |
Trustworthiness: | Safe and Reliable |
Frequently Asked Questions
Where Can You Buy Elastos With A Credit Or Debit Card?
You can buy Elastos using a credit or debit card directly on Coinbase Exchange with US Dollars. Coinbase provides a simple and secure way to purchase Elastos without needing to complete complex steps. You can create an account, link your card, and make a direct purchase.
If you prefer another option, you can first buy Tether (USDT) using your credit or debit card on platforms like HTX, Bitget, Gate.io, or KuCoin. Once you have USDT, you can easily trade it for Elastos on these exchanges. This two-step method offers more flexibility, especially if direct Elastos purchases are limited in your region.
Always choose reliable exchanges and secure your transactions to ensure a smooth buying experience.
What Will You Need To Buy Elastos?
To buy Elastos, you will need the following:
- Exchange Platform: Select a trustworthy exchange platform such as Coinbase or Crypto.com if you want to buy with USD. If you’re in Indonesia, you can use TRIV to buy with IDR. You can also buy Elastos using Tether (USDT) on platforms like BitGet, KuCoin, BingX, Gate.io, and HTX, or Bitcoin (BTC) on KuCoin and CoinEx.
- Identification Documents: You’ll need to complete the KYC (Know Your Customer) process by submitting valid ID documents like your passport or driver’s licence to verify your account.
- Debit/Credit Card: Many exchanges accept debit or credit card payments for direct purchases. Ensure your card is supported by the exchange before proceeding.
- Crypto Wallet: Once you buy Elastos, transfer your tokens to a secure wallet. You can store Elastos in wallets like Elephant Wallet, MetaMask, Essentials Wallet, and Guarda Wallet for added security.
Ensure you have all the necessary tools in place for a smooth purchase experience.
What Is The Easiest Way To Buy Elastos?
The easiest way to buy Elastos (ELA) is through a reputable cryptocurrency exchange that supports fiat currencies such as IDR, or USD. Start by creating an account on a trusted platform that allows you to purchase Elastos using a credit or debit card. After completing the account verification process, you can easily navigate the platform to find Elastos and execute your purchase. This method ensures a quick, secure, and straightforward transaction. Once you make the purchase, the Elastos will be stored directly in your exchange wallet. Always check for any additional fees and verify the platform’s security features before purchasing to ensure a smooth and safe experience.
Best Wallets To Store Your Elastos (ELA)
When storing your Elastos tokens, choosing a secure and reliable wallet is crucial. Several wallets offer distinct features, providing flexibility to cater to various user needs.
- Essentials Wallet: A lightweight and secure option for Elastos, Essentials Wallet allows users to store and manage their ELA tokens with ease. Its simple interface and integration with the Elastos blockchain make it ideal for both beginners and seasoned users.
- Elephant Wallet: Elephant Wallet is designed specifically for the Elastos ecosystem, offering seamless token management and secure storage. It also supports decentralised identity features, which is useful for those looking to engage with the Elastos blockchain more actively.
- Guarda Wallet: This multi-currency wallet supports Elastos alongside various other cryptocurrencies. Guarda provides a non-custodial wallet experience, giving users full control over their tokens. It also integrates with a variety of blockchain services, such as staking and swaps.
- MetaMask: Known for its robust functionality, MetaMask supports Elastos through custom token addition. It allows easy interaction with decentralised applications (dApps) and is ideal for users looking for flexibility in managing their assets.
These wallets offer various ways to securely store Elastos tokens while providing convenient features that cater to different levels of user expertise.
