How to Buy BTCDOWN (BTCDOWN) in Azerbaijan

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

Step 1 – Join Coinbase and recieve 10$ for free

You will first need to purchase one of the major coins. Exchanges usually accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Click the button below for registration and to get your first 10$.

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

Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Exchange now. All exchanges have a deposit form that is alike. BTCDOWN (BTCDOWN) is accessible on Binance, so we will use that as an example. Unsure on how to send funds from Coinbase to an Exchange? (Follow this manual)

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

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, et cetera. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be different (Follow our guide).

Step 3 – Find {BTCDOWN (BTCDOWN)|(BTCDOWN) BTCDOWN}

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

To find {BTCDOWN (BTCDOWN)|(BTCDOWN) BTCDOWN}, you'll need to insert the cointype (BTCDOWN) into the search box, which is highlighted in the image. Make sure you have selected the right pairing, we have highlighted this also. Click on “BTCDOWN/BTC” to advance.

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

After you have discovered {BTCDOWN (BTCDOWN)|(BTCDOWN) BTCDOWN}, you will be given a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). For now we are making our own Limit Order.

The ”Price” field will be filled with the recent rate {BTCDOWN (BTCDOWN)|(BTCDOWN) BTCDOWN} was traded for. This can be changed to your favoured price. The field with the “Amount” tag is the quantity of BTCDOWN you wish to purchase. The ”Total” field is the whole price in Bitcoin that you will pay for the complete quantity of BTCDOWN.

When you are glad, make a mouse click on “Buy BTCDOWN”. Your plan will be filled as soon as a Vendor trades their BTCDOWN for the price you offered.

Step 5 – Withdraw {BTCDOWN (BTCDOWN)|(BTCDOWN) BTCDOWN}

Unless you are trading, you should never keepyour coins on an Exchange for an extended time period. To withdraw your {BTCDOWN (BTCDOWN)|(BTCDOWN) BTCDOWN}, hover over the ”Funds” tab and click on “Withdraw”. {BTCDOWN (BTCDOWN)|(BTCDOWN) BTCDOWN} can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate {BTCDOWN (BTCDOWN)|(BTCDOWN) BTCDOWN} by using the provided drop-down box. Enter the quantity of {BTCDOWN (BTCDOWN)|(BTCDOWN) BTCDOWN} you would wish to withdraw. Take into account the demonstrated fees/minimums. Also make sure you have filled your precise withdraw address.

When you are glad, click “Submit”. You could be requested for verfication via phone/email before a withdrawal.

Congratulations! You have successfully bought and stored BTCDOWN (BTCDOWN) in Azerbaijan.

That's it!

Withdrawals from Exchange can durate anywhere from 1 – 30 minutes (rely on usage of the network). As soon as you have confirmed your withdrawal with Ethplorer.io or Etherscan.io and the {BTCDOWN (BTCDOWN)|(BTCDOWN) BTCDOWN} is stored inside your wallet, you're all done.

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