How to Buy Aave YFI (AYFI) in Azerbaijan

A Step-by-Step-Guide on how to buy Aave YFI (AYFI) in Azerbaijan

Step 1 – Signup to Coinbase and recieve 10$ for free

You'll first need to purchase units of the bigger coins. Exchanges commonly accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Follow the Link below to register and getting your welcome 10 Dollar.

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

Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is alike. Aave YFI (AYFI) is accessible on Binance, so we will use that as an example. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Follow this how-to)

Make sure you have selected the exact coin you want to deposit.

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, et cetera. If you're using a decentralized exchange, like Airswap or DDEX could be divergent (Follow our guide).

Step 3 – Locate {Aave YFI (AYFI)|(AYFI) Aave YFI}

As soon as your deposit has been confirmed, you will directly have access to your assets and you can launch buying and trading. To purchase {Aave YFI (AYFI)|(AYFI) Aave YFI} on Binance, you will want to go to the ”Exchange” tab and after that click on “Basic”.

To spot {Aave YFI (AYFI)|(AYFI) Aave YFI}, you will need to put the cointype (AYFI) into the search-box, which is highlighted in the graphic. Make sure you have selected the right pairing, we have highlighted this also. Click on “AYFI/BTC” to go ahead.

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

As soon as you've discovered {Aave YFI (AYFI)|(AYFI) Aave YFI}, you'll be presented with a Price Chart (in the Center of the picture) and some Order Books (on the Left of the picture). Next we're going to create our own Limit Order.

The field with the “Price” tag will be filled automatically with the most up-to-date price {Aave YFI (AYFI)|(AYFI) Aave YFI} was traded for. You can change this to your favoured price. The field with the “Amount” tag is the quantity of AYFI you like to purchase. The ”Total” field is the aggregated price in BTC that you will pay for the whole quantity of AYFI.

If you're glad, make a mouse click on “Buy AYFI”. Your order will be filled when a Vendor sells their AYFI for the price you submitted.

Step 5 – Withdraw {Aave YFI (AYFI)|(AYFI) Aave YFI}

Unless you're frequently trading, you should never keepyour crypto coins on an Cryptocurrency Exchange for an extensive time period. To withdraw your {Aave YFI (AYFI)|(AYFI) Aave YFI}, go to the tab called “Funds” and mouse click on “Withdraw”. {Aave YFI (AYFI)|(AYFI) Aave YFI} can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate {Aave YFI (AYFI)|(AYFI) Aave YFI} by using the provided drop-down box. Put into the volumen of {Aave YFI (AYFI)|(AYFI) Aave YFI} you'd like to withdraw. Don't forget the presented fees/minimums. Also make sure you have filled your right withdraw address.

When you're happy, click on “Submit”. You may be asked for phone/email verification ahead of a take off.

Kudos! You've successfully bought and stored Aave YFI (AYFI) in Azerbaijan.

That's it!

Take offs from Crypto Exchange can durate anywhere from 1 – 30 minutes (rely on network usage). Once you have confirmed your take off with Ethplorer.io or Etherscan.io and the {Aave YFI (AYFI)|(AYFI) Aave YFI} is safe inside your wallet, you're finished.

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