How to Buy BITSCOIN (BTCX) in Azerbaijan

A Step-by-Step-Guide on how to buy BITSCOIN (BTCX) in Azerbaijan

Step 1 – Join Coinbase and recieve 10$ for free

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

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

Your Bitcoin or Ethereum has to be sent over to an Exchange now. All exchanges have a deposit form that is alike. BITSCOIN (BTCX) is accessible on Binance, so we will use that as an sample. Not sure on how to send funds from Coinbase to an Exchange? (Follow this guide)

Make sure you have selected the precise coin you want to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so forth. If you're working with a decentralized exchange, like Airswap or DDEX could be divergent (Follow these easy steps).

Step 3 – Locate {BITSCOIN (BTCX)|(BTCX) BITSCOIN}

As soon as your deposit has been verified, you'll directly have access to your finances and you can initiate purchasing and trading. To buy {BITSCOIN (BTCX)|(BTCX) BITSCOIN} on Binance, you'll want to go to the tab which is called “Exchange” and click on “Basic”.

In order to locate {BITSCOIN (BTCX)|(BTCX) BITSCOIN}, you'll need to put the shortname of the coin (BTCX) into the search box, which is highlighted in the graphic. Be certain of having choosen the proper pairing, we have highlighted this also. Click on “BTCX/BTC” to go on.

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

After you've spotted {BITSCOIN (BTCX)|(BTCX) BITSCOIN}, you'll be given a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). And now we are going to make our own Limit Order.

The ”Price” field will be filled automatically with the most latest tariff {BITSCOIN (BTCX)|(BTCX) BITSCOIN} was traded for. This can be changed to your preferred price. The ”Amount” field is the volumen of BTCX you like to buy. The ”Total” field is the aggregated price in Bitcoin that you will pay for the whole volumen of BTCX.

If you are satisfied, make a mouse click on “Buy BTCX”. Your order will be filled when a Seller sells their BTCX for the price you offered.

Step 5 – Withdraw {BITSCOIN (BTCX)|(BTCX) BITSCOIN}

Unless you're trading, best advise is not to keep your crypto coins on an Exchange for an extensive time frame. In order to withdraw your {BITSCOIN (BTCX)|(BTCX) BITSCOIN}, hover over the ”Funds” tab and mouse click on “Withdraw”. {BITSCOIN (BTCX)|(BTCX) BITSCOIN} can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find {BITSCOIN (BTCX)|(BTCX) BITSCOIN} by using the given drop-down box. Enter the quantity of {BITSCOIN (BTCX)|(BTCX) BITSCOIN} you'd like to withdraw. Take into account the displayed fees/minimums. Also make sure you have filled your right withdraw address.

When you're glad, click “Submit”. You may be requested for phone/email verification before a take off.

Congrats! You have successfully purchased and safed BITSCOIN (BTCX) in Azerbaijan.

That's it!

Take offs from Cryptocurrency Exchange can durate between 1 – 30 minutes (rely on usage of the network). Once you've proved your take off with Etherscan.io or Ethplorer.io and the {BITSCOIN (BTCX)|(BTCX) BITSCOIN} is safe inside your wallet, you're done.

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