How to Buy Binance Coin (BNB) in Azerbaijan

A Step-by-Step-Guide on how to buy Binance Coin (BNB) in Azerbaijan

Step 1 – Join Coinbase and recieve 10$ for free

In the beginning you'll need to purchase units of the bigger currencies. Exchanges usually accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Click below for registration and receive your welcome 10$.

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

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

Make sure you've chosen the exact 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 working with a decentralized exchange, like Airswap or DDEX could be divergent (Follow our guide).

Step 3 – Find {Binance Coin (BNB)|(BNB) Binance Coin}

Once your deposit has been confirmed, you will instantly have access to your funds and you can commence buying and trading. To buy {Binance Coin (BNB)|(BNB) Binance Coin} on Binance, you will want to hover over the ”Exchange” tab and after that mouse click on “Basic”.

To spot {Binance Coin (BNB)|(BNB) Binance Coin}, you will need to put the cointype (BNB) into the search box, which is marked in the graphic. Make sure you have choosen the correct grouping, we've marked this too. Click on “BNB/BTC” to proceed.

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

As soon as you have discovered {Binance Coin (BNB)|(BNB) Binance Coin}, you'll be given a Price Chart (in the Center of the picture) and some Order Books (on the Left of the picture). And now we are making our Limit Order.

The field with the “Price” tag will be filled automatically with the most recent valuation {Binance Coin (BNB)|(BNB) Binance Coin} was traded for. This can be changed to your desired price. The field with the “Amount” tag is the amount of BNB you wish to purchase. The field with the “Total” tag is the aggregated price in Bitcoin that you'll pay for the whole amount of BNB.

If you are happy, make a mouse click on “Buy BNB”. Your order will be filled when a Vender trades their BNB for the price you submitted.

Step 5 – Withdraw {Binance Coin (BNB)|(BNB) Binance Coin}

Unless you are regularly trading, you should never keepyour coins on an Cryptocurrency Exchange for an extensive period of time. To withdraw your {Binance Coin (BNB)|(BNB) Binance Coin}, go to the ”Funds” tab and mouse click on “Withdraw”. {Binance Coin (BNB)|(BNB) Binance Coin} can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate {Binance Coin (BNB)|(BNB) Binance Coin} by using the given drop-down box. Drop in the volumen of {Binance Coin (BNB)|(BNB) Binance Coin} you would like to withdraw. Don't forget the presented minimus/fees. Also make sure you have entered your right withdraw address.

When you are glad, make a mouse click on “Submit”. You may be requested for verfication via phone/email before a take off.

Kudos! You have successfully bought and safed Binance Coin (BNB) in Azerbaijan.

That's it!

Withdrawals from Crypto Exchange can durate between 1 – 30 minutes (depending on network usage). As soon as you have confirmed your withdrawal using Ethplorer.io or Etherscan.io and the {Binance Coin (BNB)|(BNB) Binance Coin} is safe in your wallet, you are done.

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