How to Buy Aave DAI (ADAI) in Azerbaijan

A Step-by-Step-Guide on how to buy Aave DAI (ADAI) in Azerbaijan

Step 1 – Signup to Coinbase – Get Free $10

You'll first need to buy one of the major coins. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click below for registration and getting your first 10$.

Binance Signup
Step 2 – Transfer Your Ethereum or Bitcoin to an Crypto Trader

Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is identical. Aave DAI (ADAI) is obtainable on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Crypto Trader? (Just follow this how-to)

Make sure you've chosen the right coin you wish to deposit.

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, et cetera. In the case you're using a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our how-to).

Step 3 – Find {Aave DAI (ADAI)|(ADAI) Aave DAI}

As soon as your deposit has been approved, you will instantly have access to your finances and you can commence buying and trading. To purchase {Aave DAI (ADAI)|(ADAI) Aave DAI} on Binance, you will want to hover over the tab which is called “Exchange” and then mouse click on “Basic”.

To discover {Aave DAI (ADAI)|(ADAI) Aave DAI}, you will need to put the short name of the asset (ADAI) into the search-box, which is highlighted in the graphic. Be certain of having choosen the correct grouping, we have highlighted this too. Click on “ADAI/BTC” to progress.

{How to buy Coin on Binance 1|Binance How To Buy 1} Aave DAI (ADAI)
Step 4 – Purchase {Aave DAI (ADAI)|(ADAI) Aave DAI}

Once you have found {Aave DAI (ADAI)|(ADAI) Aave DAI}, you will be given a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). Next we are going to make our own Limit Order.

The field with the “Price” tag will be filled with the most recent tariff {Aave DAI (ADAI)|(ADAI) Aave DAI} was sold for. You can change this to your favoured rate. The ”Amount” field is the volumen of ADAI you want to buy. The ”Total” field is the total price in BTC that you will settle for the whole volumen of ADAI.

When you are happy, click on “Buy ADAI”. Your order will be filled as soon as a Seller trades their ADAI for the price you submitted.

Step 5 – Withdraw {Aave DAI (ADAI)|(ADAI) Aave DAI}

Unless you're regularly trading, you should never keepyour crypto coins on an Exchange for an extensive time frame. To take off your {Aave DAI (ADAI)|(ADAI) Aave DAI}, hover over the ”Funds” tab and click on “Withdraw”. {Aave DAI (ADAI)|(ADAI) Aave DAI} can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate {Aave DAI (ADAI)|(ADAI) Aave DAI} by using the given drop-down box. Put into the volumen of {Aave DAI (ADAI)|(ADAI) Aave DAI} you would wish to take off. Don't forget the displayed fees/minimums. Also make sure you have entered your correct withdraw address.

When you're happy, click on “Submit”. You could be requested for verfication via email/phone ahead of a take off.

Congrats! You've successfully bought and safed Aave DAI (ADAI) in Azerbaijan.

That's it!

Withdrawals from Crypto Exchange can take between 1 – 30 minutes (depending on network usage). As soon as you have proved your withdrawal with Etherscan.io or Ethplorer.io and the {Aave DAI (ADAI)|(ADAI) Aave DAI} is stored in your wallet, you are finished.

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