How to Buy Benz (BENZ) in Azerbaijan

A Step-by-Step-Guide on how to buy Benz (BENZ) in Azerbaijan

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

You will first need to purchase units of the major coins. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Follow the Link below for registration and to get your first 10$.

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

Your Bitcoin or Ethereum has to be sent over to an Exchange now. Every exchange has a deposit form that is similar. Benz (BENZ) is accessible on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Exchange? (Just follow this guide)

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

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etcetera. In the case you are dealing with a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our how-to).

Step 3 – Locate {Benz (BENZ)|(BENZ) Benz}

Once your deposit has been confirmed, you'll directly have access to your finances and you can start invest and trading. To buy {Benz (BENZ)|(BENZ) Benz} on Binance, you'll want to go to the ”Exchange” tab and then mouse click on “Basic”.

To discover {Benz (BENZ)|(BENZ) Benz}, you'll need to insert the cointype (BENZ) into the search box, which is highlighted in the image. Make sure you have choosen the correct pairing, we have highlighted this also. Click on “BENZ/BTC” to progress.

{How to buy Coin on Binance 1|Binance How To Buy 1} Benz (BENZ)
Step 4 – Buy {Benz (BENZ)|(BENZ) Benz}

After you've located {Benz (BENZ)|(BENZ) Benz}, you will be presented with a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). For now we are going to make our Limit Order.

The field with the “Price” tag will be automatically filled with the most recent price {Benz (BENZ)|(BENZ) Benz} was sold for. You can change this to your desired rate. The ”Amount” field is the quantity of BENZ you wish to purchase. The ”Total” field is the whole price in BTC that you'll settle for the whole quantity of BENZ.

If you're glad, click on “Buy BENZ”. Your plan will be filled when a Vender sells their BENZ for the price you gave.

Step 5 – Withdraw {Benz (BENZ)|(BENZ) Benz}

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

Locate {Benz (BENZ)|(BENZ) Benz} by using the given drop-down box. Drop in the volumen of {Benz (BENZ)|(BENZ) Benz} you'd wish to withdraw. Take into account the demonstrated minimus/fees. Also make sure you have filled your right withdraw address.

When you are satisfied, make a mouse click on “Submit”. You could be requested for verfication via phone/email before a withdrawal.

Congratulations! You've successfully bought and stored Benz (BENZ) in Azerbaijan.

That's it!

Withdrawals from Crypto Exchange can take between 1 – 30 minutes (rely on network usage). As soon as you have confirmed your withdrawal with Etherscan.io or Ethplorer.io and the {Benz (BENZ)|(BENZ) Benz} is stored inside your wallet, you're all done.

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