How to Buy Binance USD (BUSD) in Azerbaijan

A Step-by-Step-Guide on how to buy Binance USD (BUSD) 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 Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click the button below to register and receive your welcome $10.

Binance Signup
Step 2 – Transfer Your Funds to an Exchange

Your Ethereum or Bitcoin has to be sent over to an Exchange now. Every exchange has a deposit form that is similar. Binance USD (BUSD) is available on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Exchange? (Follow this how-to)

Make sure you have selected the correct coin you would like to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so on. In the case you are using a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our manual).

Step 3 – Locate {Binance USD (BUSD)|(BUSD) Binance USD}

As soon as your deposit has been approved, you will immediately have access to your assets and you can commence invest and trading. To purchase {Binance USD (BUSD)|(BUSD) Binance USD} on Binance, you will want to hover over the tab which is called “Exchange” and click on “Basic”.

In order to discover {Binance USD (BUSD)|(BUSD) Binance USD}, you will need to insert the short name of the asset (BUSD) into the search-box, which is marked in the graphic. Be certain of having choosen the proper pairing, we've marked this too. Click on “BUSD/BTC” to go ahead.

{How to buy Coin on Binance 1|Binance How To Buy 1} Binance USD (BUSD)
Step 4 – Purchase {Binance USD (BUSD)|(BUSD) Binance USD}

Once you have found {Binance USD (BUSD)|(BUSD) Binance USD}, you will 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 creating our Limit Order.

The field with the “Price” tag will be filled automatically with the most up-to-date rate {Binance USD (BUSD)|(BUSD) Binance USD} was traded for. This can be changed to your desired price. The ”Amount” field is the volumen of BUSD you like to purchase. The field with the “Total” tag is the total price in BTC that you will pay for the whole volumen of BUSD.

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

Step 5 – Withdraw {Binance USD (BUSD)|(BUSD) Binance USD}

Unless you are frequently trading, best advise is not to keep your coins on an Cryptocurrency Exchange for an extended time frame. In order to withdraw your {Binance USD (BUSD)|(BUSD) Binance USD}, hover over the ”Funds” tab and click on “Withdraw”. {Binance USD (BUSD)|(BUSD) Binance USD} can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find {Binance USD (BUSD)|(BUSD) Binance USD} by using the given drop-down box. Put into the quantity of {Binance USD (BUSD)|(BUSD) Binance USD} you would wish to withdraw. Take into account the demonstrated fees/minimums. Also make sure you have entered your right withdraw address.

If you are satisfied, click “Submit”. You could be requested for verfication via phone/email ahead of a withdrawal.

Congrats! You have successfully purchased and stored Binance USD (BUSD) in Azerbaijan.

That's it!

Withdrawals from Crypto Exchange can take between 1 – 30 minutes (rely on network usage). As soon as you've confirmed your take off using or and the {Binance USD (BUSD)|(BUSD) Binance USD} is safe in your wallet, you're all done.

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