How to Purchase United States Dollar (USD) using Elastos (ELA) in India
To buy United States Dollar using Elastos, first, find a cryptocurrency exchange that supports the USD/ELA trading pair. Create an account, verify your identity, and deposit your ELA into your exchange wallet. Locate the USD/ELA pair on the trading platform and place an order to exchange your Elastos for United States Dollar. If the USD/ELA pair is unavailable, you can first exchange Elastos for a stablecoin like Tether (USDT) or a fiat currency, then trade that for United States Dollar. Be mindful of potential exchange fees, which vary by platform and can affect the total cost of your transaction.
How to Sell United States Dollar (USD) for Elastos (ELA) in India
To sell United States Dollar for Elastos, first, find a cryptocurrency exchange that supports the USD/ELA trading pair. Create an account, verify your identity, and deposit your USD into your exchange wallet. Locate the USD/ELA pair on the trading platform and place a sell order to exchange your United States Dollar for Elastos. If the USD/ELA pair is unavailable, you can first sell United States Dollar for a stablecoin like Tether (USDT) or a fiat currency like INR, then trade that for Elastos. Be mindful of potential exchange fees, which vary by platform and can affect the total amount you receive.
