How to Buy Basecoin (BAB) in Azerbaijan

A Step-by-Step-Guide on how to buy Basecoin (BAB) in Azerbaijan

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

You'll first need to purchase one of the bigger currencies. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Click below for registration and to get your first 10$.

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

Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. Basecoin (BAB) 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 chosen the right coin you would like to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so forth. If you're working with a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our how-to).

Step 3 – Find {Basecoin (BAB)|(BAB) Basecoin}

Once your deposit has been approved, you'll instantly have access to your funds and you can commence invest and trading. To buy {Basecoin (BAB)|(BAB) Basecoin} on Binance, you'll want to hover over the tab which is called “Exchange” and after that mouse click on “Basic”.

To discover {Basecoin (BAB)|(BAB) Basecoin}, you'll need to put the shortname of the coin (BAB) into the search-box, which is marked in the picture. Make sure you have selected the right grouping, we've marked this also. Click on “BAB/BTC” to go on.

{How to buy Coin on Binance 1|Binance How To Buy 1} Basecoin (BAB)
Step 4 – Buying {Basecoin (BAB)|(BAB) Basecoin}

Once you've spotted {Basecoin (BAB)|(BAB) Basecoin}, you'll be presented with a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). For now we're creating our Limit Order.

The ”Price” field will be automatically filled with the recent valuation {Basecoin (BAB)|(BAB) Basecoin} was traded for. This can be changed to your desired price. The ”Amount” field is the volumen of BAB you wish to purchase. The field with the “Total” tag is the total price in Bitcoin that you will settle for the whole volumen of BAB.

If you are happy, click on “Buy BAB”. Your plan will be filled when a Vender sells their BAB for the price you gave.

Step 5 – Withdraw {Basecoin (BAB)|(BAB) Basecoin}

Unless you are trading, best advise is not to keep your crypto coins on an Cryptocurrency Exchange for an extensive time frame. In order to withdraw your {Basecoin (BAB)|(BAB) Basecoin}, hover over the ”Funds” tab and click on “Withdraw”. {Basecoin (BAB)|(BAB) Basecoin} can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find {Basecoin (BAB)|(BAB) Basecoin} by using the provided drop-down box. Enter the quantity of {Basecoin (BAB)|(BAB) Basecoin} you would wish to withdraw. Take into account the shown fees/minimums. Also make sure you have filled your correct withdraw address.

If you are happy, make a mouse click on “Submit”. You may be requested for verfication via email/phone before a withdrawal.

Kudos! You have successfully bought and safed Basecoin (BAB) in Azerbaijan.

That's it!

Take offs from Crypto Trader can durate between 1 – 30 minutes (rely on usage of the network). Once you've confirmed your take off using Ethplorer.io or Etherscan.io and the {Basecoin (BAB)|(BAB) Basecoin} is safe within your wallet, you are done.

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