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HomepageHow to buy cryptoHow to Buy
Update Time: 2023-09-25

How to Buy

More and more people are wondering how to buy as these coins are very popular on the market

5 steps to buy on BYDFi

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    Open BYDFi account for free

    Sign up for BYDFi with your email/mobile number and create a strong password to protect your account

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    Keep your account safe

    Enable Google Authentication (2FA), set anti-phishing code, and trading password to add an extra layer of protection to your account.

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    Verify account

    Enter your personal information and upload a photo of your valid ID cardVerify your personal identity

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    Add payment method

    Once your BYDFi account is verified, add credit/debit card or bank account

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    Buy

    There are various payment methods available to purchase WELA on BYDFi. We'll guide you through it

Choose how to purchase WELA on BYDFi

Buying coins on BYDFi is easy and convenient. Explore different ways to buy

  • 1

    Buy with credit/debit card

    This is the easiest way for new users to buy (WELA). Connect your credit/debit card to your account, enter the amount, and wait for the transaction to complete

  • 2

    Buy through third-party channels

    BYDFi supports a variety of leading third-party payment services. Visit ourThird-party payment pageCheck out the payment methods available in your area

  • 3

    Buy on BYDFi's Spot market

    BYDFi's Spot market offers 700+ Coin pairs, making it the most popular buying platform. Buying methods are as follows:
    1. Buy stablecoins through BYDFi, third-party Coin buying channels. Additionally, you can transfer crypto assets from other wallets or exchanges to the BYDFi platform. Please make sure to choose the correct blockchain network, once you deposit your funds to the wrong address it cannot be reversed.
    2. Transfer your crypto to BYDFi account. Find the trading pair you want to trade on BYDFi's spot market. Place an order to exchange your currency to
    common-how-to-buy-tips-0Note: BYDFi offers a variety of order types to buy in the spot market, such as market orders to buy immediately and limit orders to buy at a specific price. For more information about BYDFi order types, click here
    3. After a successful trade, you can view the available in your account

How to store ?

The best way to store will vary depending on your needs and preferences. Check out the pros and cons to find the best way to store

Store WELA in your BYDFi account

Storing assets on BYDFi will give you quick access to trading products such as spot and contract trading, savings, lending, and more. BYDFi acts as the custodian of your crypto assets, saving you the hassle of keeping your private keys. Make sure to set strong passwords and upgrade your security settings to prevent malicious actions from accessing your assets

Deposit your WELA to the wallet

「No key, can't withdraw」If security is your biggest concern, you can withdraw to a decentralized wallet, so you can easily manage your key. You can use any type of wallet, including smart wallets, Web3 wallets or paper wallets. Note that this option may not be convenient if you want to frequently trade or use your assets. Be sure to store your private key in a secure location as loss of the key could result in the permanent loss of .

How you can use with BYDFi

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Hold

Store in your BYDFi account.

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Trade

Trade in spot and futures markets.

Why is BYDFi the best platform to buy ?

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    Safe and reliable

    Millions of global crypto users trust us. Our multi-tier & multi-cluster system architecture and insurance fund protect your account.

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    High liquidity

    BYDFi has highly liquid buy and sell orders for all listed cryptocurrencies, providing a liquid trading experience with tight spreads

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    Gem cryptocurrency platform

    Supporting over 500 cryptocurrencies, BYDFi is the best platform to find your next Gem. You can buy WELA on BYDFi and use it to exchange other crypto assets.

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    Friendly interface

    Thanks to its simple interface and superior technology, buying on BYDFi is quick and convenient. Buy Coin on BYDFi to receive WELA

Trade

    Answers

    What Is Elastos (ELA)?

    Elastos aims to be a blockchain-powered version of the internet. The project originated in the year 2000, but the current version based on blockchain technology was founded in June 2017 by Elastos.

    Ethereum and other DApp platforms face limitations in scaling, according to Elastos. While they are great for smart contracts, they are slow, inflexible, and inconvenient for full applications. Elastos claims to solve many of these limitations and provides a platform for decentralized apps (DApps).

    Elastos allows you to gain full ownership over your digital assets and run DApps on the Smart Web without accessing the internet. The Smart Web protects users from malware and digital attacks, and the platform is optimized for mobile and compatible with all operating systems.

    Who Are the Founders of Elastos?

    Elastos was founded by Rong Chen, who worked on operating systems at Microsoft Research. He returned to China in 2000 to develop his vision of an operating system designed for the entire web. Rong Chen was a senior software engineer at Microsoft from 1992 to 2000 and later became the chairman of the Elastos Foundation.

    Feng Han, the co-founder of Elastos, started as a mentor at Tsinghua University and became the co-founder of Elastos in 2017. He is currently the founder of MIT IDE Blockchain Pillar and Foundation.

    What Makes Elastos Unique?

    Elastos has four pillars that enable network separation and platform flexibility: blockchain, runtime, carrier, and software development kit (SDK).

    The blockchain separates app functionality between the main chain and side chains for each individual application.

    The runtime allows running DApps outside of the Elastos operating system.

    The carrier is a peer-to-peer decentralized internet service where users can rent out computational power and storage.

    The software development kit connects applications to the Smart Web, benefiting non-Elastos applications.

    The elastOS application brings the entire decentralized ecosystem into a single app.

    How Many Elastos (ELA) Coins Are There in Circulation?

    Elastos has a maximum supply of 28,220,000 ELA coins.

    Elastos actively seeks new and existing DApp projects through its Cyber Republic initiative.

    How Is the Elastos Network Secured?

    The Elastos network ensures security by encrypting all communication and authorizing it with blockchain IDs. These IDs determine data processing and access privileges. Users have control over selling their data or preserving privacy. The Elastos Runtime provides trusted network communication for DApps.

    Elastos is a decentralized internet and DApp platform that gives users complete control over their digital assets. It addresses scalability and flexibility issues while prioritizing DApp performance.

    Where Can You Buy Elastos (ELA)?

    You can currently purchase ELA on the following exchanges:

    • Bittrex
    • Huobi Global
    • BYDFi

    If this is your first time purchasing cryptocurrency, you can learn more about buying Bitcoin here.

    Price analysis

    Real-time price

    WELA today's price is USD, its Reduce 0% over the past week, and Reduce % over the past 24 hours

    $--
    Lowest price $ --
    Highest price $ --

    Disclaimer

    Due to the volatile market nature of cryptocurrencies, prices are subject to market influences and price fluctuations. We recommend that you clearly understand the operating principles and associated risks of digital assets before investing in digital assets. Other factors you need to consider when developing a cryptocurrency investment strategy include your experience, financial situation, investment goals and risk tolerance. You should also consult a financial advisor before purchasing cryptocurrency. None of the above information constitutes financial advice and past market performance cannot accurately predict future performance. The value of your investments and the value of your assets may change as market conditions change and there is no guarantee that you will get your investment back or make a profit on your investment. Your investment decisions are entirely your responsibility and BYDFi is not responsible for any losses you may incur while purchasing cryptocurrencies on the platform. We rely on third party sources of information regarding prices and other cryptocurrency-related information listed above and we are not responsible for the reliability or accuracy of such information. The information provided to you is for reference only, BYDFi does not guarantee this information.