How to Buy BlackCoin (BLK) in Azerbaijan

A Step-by-Step-Guide on how to buy BlackCoin (BLK) in Azerbaijan

Step 1 – Signup to Coinbase – Get Free $10

You will first need to buy units of the top-tier currencies. Exchanges usually accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Follow the Link below for registration and getting your welcome 10 Dollar.

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

Your Ethereum or Bitcoin will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. BlackCoin (BLK) is obtainable on Binance, so we will use that as an example. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this how-to)

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

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etc. In the case you are working with a decentralized exchange, like Airswap or DDEX could be different (Just follow our how-to).

Step 3 – Find {BlackCoin (BLK)|(BLK) BlackCoin}

Once your deposit has been verified, you will immediately have access to your assets and you can start invest and trading. To invest in {BlackCoin (BLK)|(BLK) BlackCoin} on Binance, you will want to go to the ”Exchange” tab and mouse click on “Basic”.

To discover {BlackCoin (BLK)|(BLK) BlackCoin}, you will need to put the shortname of the coin (BLK) into the search-box, which is highlighted in the picture. Be certain of having selected the proper pairing, we've highlighted this too. Click on “BLK/BTC” to proceed.

{How to buy Coin on Binance 1|Binance How To Buy 1} BlackCoin (BLK)
Step 4 – Acquisition of {BlackCoin (BLK)|(BLK) BlackCoin}

After you have spotted {BlackCoin (BLK)|(BLK) BlackCoin}, you'll be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). For now we're creating our Limit Order.

The field with the “Price” tag will be filled automatically with the most latest price {BlackCoin (BLK)|(BLK) BlackCoin} was sold for. This can be changed to your desired price. The ”Amount” field is the amount of BLK you wish to buy. The field with the “Total” tag is the whole price in Bitcoin that you will pay for the whole amount of BLK.

When you're happy, click on “Buy BLK”. Your order will be filled as soon as a Vender sells their BLK for the price you submitted.

Step 5 – Withdraw {BlackCoin (BLK)|(BLK) BlackCoin}

Unless you are frequently trading, best advise is not to keep your coins on an Crypto Trader for an extensive time frame. To withdraw your {BlackCoin (BLK)|(BLK) BlackCoin}, hover over the ”Funds” tab and click on “Withdraw”. {BlackCoin (BLK)|(BLK) BlackCoin} can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

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

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

Congrats! You have successfully purchased and stored BlackCoin (BLK) in Azerbaijan.

That's it!

Take offs from Crypto Trader can take anywhere from 1 – 30 minutes (rely on usage of the network). As soon as you've confirmed your withdrawal with Ethplorer.io or Etherscan.io and the {BlackCoin (BLK)|(BLK) BlackCoin} is stored inside your wallet, you are finished.

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