How to Buy Bytecoin (BCN) in Azerbaijan

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

Step 1 – Join Coinbase and get 10$ for free

You'll first need to buy one of the major coins. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Click below to register and receive your first 10 Dollar.

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

Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Exchange now. All exchanges have a deposit form that is alike. Bytecoin (BCN) is accessible on Binance, so we're going to use that as an sample. Unsure on how to send funds from Coinbase to an Exchange? (Just follow this how-to)

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

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so on. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our guide).

Step 3 – Find {Bytecoin (BCN)|(BCN) Bytecoin}

As soon as your deposit has been verified, you will directly have access to your funds and you can initiate purchasing and trading. To invest in {Bytecoin (BCN)|(BCN) Bytecoin} on Binance, you will want to go to the ”Exchange” tab and then mouse click on “Basic”.

In order to find {Bytecoin (BCN)|(BCN) Bytecoin}, you will need to insert the shortname of the coin (BCN) into the search box, which is highlighted in the image. Be certain of having choosen the proper pairing, we've highlighted this too. Click on “BCN/BTC” to continue.

{How to buy Coin on Binance 1|Binance How To Buy 1} Bytecoin (BCN)
Step 4 – Buying {Bytecoin (BCN)|(BCN) Bytecoin}

As soon as you've found {Bytecoin (BCN)|(BCN) Bytecoin}, you will be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). Next we are making our Limit Order.

The field with the “Price” tag will be filled automatically with the up-to-date tariff {Bytecoin (BCN)|(BCN) Bytecoin} was sold for. This can be changed to your preferred rate. The ”Amount” field is the amount of BCN you want to purchase. The ”Total” field is the total price in Bitcoin that you will pay for the whole amount of BCN.

When you are satisfied, click on “Buy BCN”. Your plan will be filled when a Vender trades their BCN for the price you offered.

Step 5 – Withdraw {Bytecoin (BCN)|(BCN) Bytecoin}

Unless you're frequently trading, you should never keepyour crypto coins on an Cryptocurrency Exchange for an extensive period of time. To take off your {Bytecoin (BCN)|(BCN) Bytecoin}, hover over the ”Funds” tab and mouse click on “Withdraw”. {Bytecoin (BCN)|(BCN) Bytecoin} can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate {Bytecoin (BCN)|(BCN) Bytecoin} by using the provided drop-down box. Enter the quantity of {Bytecoin (BCN)|(BCN) Bytecoin} you would like to take off. Don't forget the demonstrated minimus/fees. Also make sure you have entered your correct withdraw address.

When you're satisfied, make a mouse click on “Submit”. You may be requested for phone/email verification before a withdrawal.

Congratulations! You have successfully purchased and safed Bytecoin (BCN) in Azerbaijan.

That's it!

Take offs from Exchange can durate between 1 – 30 minutes (rely on usage of the network). As soon as you have proved your take off using or and the {Bytecoin (BCN)|(BCN) Bytecoin} is stored in your wallet, you are done.

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