How to invest in ELC tokens: simple step-by-step manual

ELCoin
4 min readDec 26, 2017

After you complete the registration form, you can contribute using your preferred payment method. You can use BTC, ETH, LTC, BCH, EURO or USD to purchase ELC tokens.

ELC is an ERC20 token built on the Ethereum blockchain. In order to receive your ELC tokens, you will need an ERC 20 wallet. You will need a “wallet address”, or “ETH address” in order for us to send your ELC tokens to you.

Any ERC20 compliant wallet will work and will allow you to safely receive your ELC tokens. Specifically, you can use MyEtherWallet, Metamask, Mist, Parity, or imToken wallets.

  1. Complete the Registration form: https://goo.gl/forms/SyZSMItxr1PCHDrg1
  2. Specify your email for information on the possibility of buying our tokens via bitcoin (BTC), bitcoin cash (BCH) and fiat money.
  3. Enter ONLY YOUR PERSONAL ETH wallet address to buy ELC tokens

NOTE: ELC tokens will be sent to this ETH wallet right after you send ETH to smart contract address.

WARNING: DO NOT USE wallet address from exchanges like Coinbase, Poloniex, etc.

DO NOT USE EXCHANGE WALLETS

We highly recommend using MyEtherWallet. You can either work with it online, or download it and run it locally on your computer. It will work and look the same.

You can learn how to use MyEtherWalet here: How to use MyEtherWallet

Another good wallet is Metamask. You can learn how to use MetaMask here: How to use MetaMask

Another great wallet is Mist, learn more about using it in this short video: How to install and use Mist

4. After completing all above, make sure that all information you provide is correct and up-to-date, as well as warnings and notes.

5. Check your email address provided earlier during the registration: if you have correctly indicated your e-mail address, you will receive additional instructions with information about the possibility of buying our tokens with payment bitcoin (BTC), bitcoin cach (BCH), and fiat money (EUR, USD).

6. Copy the ELCoin Smart contract address: 0x98734f75997de18ccf9a495805b4e01b2f8b0cbb

And specify as the recipient in your own wallet.

In MyEtherWallet, select Send Ether & Tokens, enter address displayed, amount to send and Gas Limit (Gas is the transaction fee for your transaction. We recommend setting Gas limit to 200,000).

Due to Ethereum network congestion, we recommend setting Gas price to 60 Gwei. Scroll all the way down to the bottom of MyEtherWallet, and you will see Gas Price slider on the bottom left side. Set to 60 Gwei.

Bitcoin: (BTC)

A new unique Bitcoin address will be generated and sent to you by e-mail in response to your registration information, specifically linked to your account. When Bitcoin is sent to that address, we know it is yours. You can use most popular Bitcoin wallets to send Bitcoin, such as Bitpay, Trezor, Electrum, etc. You can also send directly from an exchange such as Coinbase. Here is a guide on how to buy Bitcoins.

Bitcoin Cash: (BCH)

A new unique Bitcoin Cash address will be generated and sent to you by e-mail in response to your registration information, specifically linked to your account. When Bitcoin Cash is sent to that address, we know it is yours. You can use any wallet that supports Bitcoin Cash, such as Ledger Nano S, Trezor, Electron Cash, etc.

Litecoin: (LTC)

A new unique Litecoin address will be generated and sent to you by e-mail in response to your registration information, specifically linked to your account. Similar to BTC, this address is yours only. A lot of the wallets and exchanges that support Bitcoin also support Litecoin.

USD/EUR or other Fiat:

Minimum amount of fiat we can accept via transfer is $1,000. If you would like to use fiat to contribute, please write to us on this e-mail: info@elcoin.io

Wiring instructions instructions will be sent to you by e-mail.

What if this is my first ICO? How do I buy cryptocurrency?

If you’re not familiar with buying cryptocurrency, we recommend using Coinbase. You can learn how to use it here: How To Use CoinBase. Here is an extensive list of exchanges in different currencies and countries. If you need more information, please check out this tutorial: Getting Started With Bitcoin.

After your payment is sent, you will receive an email confirmation.

Follow us at:

Official Page: www.elcoin.io
White Paper: https://elcoin.io/White_Paper%200.9_v3.pdf
Telegram: https://t.me/elcoin_io
Bitcointalk: https://bitcointalk.org/index.php?topic=2360707.0
Facebook: https://www.facebook.com/elcoinio/
Twitter: https://twitter.com/ELCOIN_IO
Medium: https://medium.com/@ELCoin

Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

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ELCoin

Elcoin is combining real production and Blockchain in Medicine