It’s no secret that Coinbase is one of the most popular cryptocurrency exchanges. Based in San Francisco, Coinbase boasts over 35 million users and is available in 102 countries.
It’s one of the few exchanges that allows users to buy and sell both crypto and fiat currencies. In addition, Coinbase is also one of the most trusted exchanges in the industry, with a long history of security and reliability. So, can you buy Etherlite on Coinbase?.
The short answer is no, you cannot buy Etherlite on Coinbase. However, there is a workaround that will allow you to indirectly purchase Etherlite with Coinbase. Here’s how it works:
First, you’ll need to create an account on Binance, which is another popular cryptocurrency exchange. Once you’ve registered and verified your account, you can deposit Bitcoin (BTC) or Ethereum (ETH) from Coinbase into your Binance wallet.
Once your deposit has been processed, you can then use your BTC or ETH to purchase Etherlite (ELITE) on the Binance exchange. Once you’ve purchased ELITE, you can then withdraw it to an Ethereum wallet of your choice.
While this process may seem a bit convoluted, it’s actually quite simple once you get the hang of it. And, by using Binance to purchase Etherlite, you’ll actually save money on fees since Binance has much lower fees than Coinbase.
So, if you’re looking to purchase ELITE with USD, this is currently the best way to do it.