How to Buy Bitcoin Red (BTCRED) in Azerbaijan

A Step-by-Step-Guide on how to buy Bitcoin Red (BTCRED) in Azerbaijan

Step 1 – Join Coinbase and get 10$ for free

In the beginning you'll need to buy units of the bigger currencies. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Click the button below to register and to get your first 10 Dollar.

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

Your Ethereum or Bitcoin will need to be sent over to an Exchange now. All exchanges have a deposit form that is similar. Bitcoin Red (BTCRED) is available on Binance, so we're going to use that as an example. Not sure on how to send funds from Coinbase to an Exchange? (Follow this manual)

Make sure you've selected the right coin you want to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etcetera. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be different (Follow these easy steps).

Step 3 – Find {Bitcoin Red (BTCRED)|(BTCRED) Bitcoin Red}

Once your deposit has been confirmed, you will now have access to your finances and you can initiate buying and trading. To purchase {Bitcoin Red (BTCRED)|(BTCRED) Bitcoin Red} on Binance, you will want to go to the ”Exchange” tab and then click on “Basic”.

In order to find {Bitcoin Red (BTCRED)|(BTCRED) Bitcoin Red}, you will need to insert the cointype (BTCRED) into the search-box, which is highlighted in the picture. Be certain of having choosen the correct grouping, we have highlighted this also. Click on “BTCRED/BTC” to progress.

{How to buy Coin on Binance 1|Binance How To Buy 1} Bitcoin Red (BTCRED)
Step 4 – Buying {Bitcoin Red (BTCRED)|(BTCRED) Bitcoin Red}

As soon as you've spotted {Bitcoin Red (BTCRED)|(BTCRED) Bitcoin Red}, you will be presented with a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the image). For now we are making our own Limit Order.

The field with the “Price” tag will be automatically filled with the recent tariff {Bitcoin Red (BTCRED)|(BTCRED) Bitcoin Red} was sold for. You can change this to your desired price. The ”Amount” field is the quantity of BTCRED you like to purchase. The ”Total” field is the aggregated price in Bitcoin that you'll settle for the complete quantity of BTCRED.

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

Step 5 – Withdraw {Bitcoin Red (BTCRED)|(BTCRED) Bitcoin Red}

Unless you're trading, best advise is not to keep coins on an Crypto Exchange for an extended time frame. To take off your {Bitcoin Red (BTCRED)|(BTCRED) Bitcoin Red}, hover over the tab called “Funds” and click on “Withdraw”. {Bitcoin Red (BTCRED)|(BTCRED) Bitcoin Red} can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find {Bitcoin Red (BTCRED)|(BTCRED) Bitcoin Red} by using the given drop-down box. Drop in the amount of {Bitcoin Red (BTCRED)|(BTCRED) Bitcoin Red} you would like to take off. Take into account the shown minimus/fees. Also make sure you have entered your precise withdraw address.

When you're happy, make a mouse click on “Submit”. You may be asked for verfication via email/phone before a withdrawal.

Congrats! You have successfully bought and stored Bitcoin Red (BTCRED) in Azerbaijan.

That's it!

Withdrawals from Exchange can durate anywhere from 1 – 30 minutes (depending on network usage). As soon as you have proved your take off using or and the {Bitcoin Red (BTCRED)|(BTCRED) Bitcoin Red} is stored in your wallet, you are done.

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