How to Buy Bitcoinus (BITS) in Azerbaijan

A Step-by-Step-Guide on how to buy Bitcoinus (BITS) in Azerbaijan

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

In the beginning you'll need to buy one of the bigger currencies. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Follow the Link below to register and getting your welcome 10$.

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

Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. Bitcoinus (BITS) is available on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this manual)

Make sure you have chosen the exact coin you want to deposit.

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so on. If you are working with a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our how-to).

Step 3 – Find {Bitcoinus (BITS)|(BITS) Bitcoinus}

As soon as your deposit has been confirmed, you'll immediately have access to your funds and you can begin purchasing and trading. To invest in {Bitcoinus (BITS)|(BITS) Bitcoinus} on Binance, you'll want to hover over the tab which is called “Exchange” and mouse click on “Basic”.

In order to discover {Bitcoinus (BITS)|(BITS) Bitcoinus}, you'll need to put the cointype (BITS) into the search box, which is marked in the image. Be certain of having choosen the proper grouping, we've marked this also. Click on “BITS/BTC” to go on.

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

After you have found {Bitcoinus (BITS)|(BITS) Bitcoinus}, you'll be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). And now we are creating our Limit Order.

The ”Price” field will be automatically filled with the recent valuation {Bitcoinus (BITS)|(BITS) Bitcoinus} was sold for. This can be changed to your preferred price. The ”Amount” field is the amount of BITS you want to purchase. The ”Total” field is the total price in Bitcoin that you'll settle for the whole amount of BITS.

When you're glad, click on “Buy BITS”. Your plan will be filled when a Vender trades their BITS for the price you introduced.

Step 5 – Withdraw {Bitcoinus (BITS)|(BITS) Bitcoinus}

Unless you are trading, never keep your coins on an Crypto Trader for an extensive period of time. To take off your {Bitcoinus (BITS)|(BITS) Bitcoinus}, go to the ”Funds” tab and mouse click on “Withdraw”. {Bitcoinus (BITS)|(BITS) Bitcoinus} can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate {Bitcoinus (BITS)|(BITS) Bitcoinus} by using the provided drop-down box. Put into the volumen of {Bitcoinus (BITS)|(BITS) Bitcoinus} you would wish to take off. Don't forget the demonstrated fees/minimums. Also make sure you have filled your precise withdraw address.

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

Kudos! You've successfully bought and safed Bitcoinus (BITS) in Azerbaijan.

That's it!

Withdrawals from Cryptocurrency Exchange can take between 1 – 30 minutes (depending on network usage). Once you've confirmed your take off using Etherscan.io or Ethplorer.io and the {Bitcoinus (BITS)|(BITS) Bitcoinus} is safe in your wallet, you're finished.

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