How to Buy Aave MKR (AMKR) in Armenia

A Step-by-Step-Guide on how to buy Aave MKR (AMKR) in Armenia

Step 1 – Join Coinmama

In the beginning you'll need to purchase one of the bigger coins. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Follow the Link below to register and receive your Ethereum (ETH) or Bitcoin (BTC).

Binance Signup
Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Cryptocurrency Exchange

Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is alike. Aave MKR (AMKR) is obtainable on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this guide)

Make sure you have chosen the right coin you want to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etcetera. If you're working with a decentralized exchange, such as Airswap or DDEX could be different (Follow our how-to).

Step 3 – Locate {Aave MKR (AMKR)|(AMKR) Aave MKR}

Once your deposit has been approved, you will now have access to your assets and you can begin invest and trading. To invest in {Aave MKR (AMKR)|(AMKR) Aave MKR} on Binance, you will want to go to the tab which is called “Exchange” and after that mouse click on “Basic”.

In order to spot {Aave MKR (AMKR)|(AMKR) Aave MKR}, you will need to insert the cointype (AMKR) into the search box, which is marked in the graphic. Be certain of having choosen the correct grouping, we have marked this too. Click on “AMKR/BTC” to go on.

{How to buy Coin on Binance 1|Binance How To Buy 1} Aave MKR (AMKR)
Step 4 – Buying {Aave MKR (AMKR)|(AMKR) Aave MKR}

Once you've found {Aave MKR (AMKR)|(AMKR) Aave MKR}, you will be given a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). And now we're creating our Limit Order.

The ”Price” field will be filled automatically with the recent valuation {Aave MKR (AMKR)|(AMKR) Aave MKR} was sold for. You can change this to your favoured price. The field with the “Amount” tag is the amount of AMKR you wish to purchase. The field with the “Total” tag is the total price in BTC that you'll pay for the complete amount of AMKR.

If you're satisfied, make a mouse click on “Buy AMKR”. Your order will be filled as soon as a Vender trades their AMKR for the price you introduced.

Step 5 – Withdraw {Aave MKR (AMKR)|(AMKR) Aave MKR}

Unless you are regularly trading, best advise is not to keep crypto coins on an Crypto Exchange for an longer period of time. To withdraw your {Aave MKR (AMKR)|(AMKR) Aave MKR}, hover over the tab called “Funds” and mouse click on “Withdraw”. {Aave MKR (AMKR)|(AMKR) Aave MKR} can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate {Aave MKR (AMKR)|(AMKR) Aave MKR} by using the given drop-down box. Enter the quantity of {Aave MKR (AMKR)|(AMKR) Aave MKR} you'd wish to withdraw. Don't forget the presented fees/minimums. Also make sure you have entered your correct withdraw address.

When you are glad, click “Submit”. You may be asked for verfication via phone/email before a withdrawal.

Kudos! You've successfully bought and stored Aave MKR (AMKR) in Armenia.

That's it!

Take offs from Crypto Exchange can durate between 1 – 30 minutes (depending on network usage). As soon as you have proved your take off with Ethplorer.io or Etherscan.io and the {Aave MKR (AMKR)|(AMKR) Aave MKR} is safe inside your wallet, you are finished.

And some more interesting Altcoins:

How to buy Secure Cash (SCSX) in Azerbaijan
How to buy OTOCASH (OTO) in Azerbaijan
How to buy Pivx Lite (PIVXL) in Argentina