How to Buy bZx Protocol (BZRX) in Armenia

A Step-by-Step-Guide on how to buy bZx Protocol (BZRX) in Armenia

Step 1 – Join Coinmama

You'll first need to buy units of the bigger currencies. Exchanges commonly accept either Bitcoin or Ethereum in exchange for alternative Coins. Click below for registration and receive your Bitcoin or Ethereum.

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

Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is identical. bZx Protocol (BZRX) is accessible on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Crypto Trader? (Follow this guide)

Make sure you've selected the correct coin you would like to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, et cetera. In the case you're working with a decentralized exchange, like Airswap or DDEX could be unlike (Follow these easy steps).

Step 3 – Locate {bZx Protocol (BZRX)|(BZRX) bZx Protocol}

Once your deposit has been verified, you'll immediately have access to your finances and you can start purchasing and trading. To invest in {bZx Protocol (BZRX)|(BZRX) bZx Protocol} on Binance, you'll want to hover over the tab which is called “Exchange” and then mouse click on “Basic”.

In order to find {bZx Protocol (BZRX)|(BZRX) bZx Protocol}, you'll need to put the shortname of the coin (BZRX) into the search box, which is marked in the picture. Make sure you have selected the right pairing, we have marked this also. Click on “BZRX/BTC” to progress.

{How to buy Coin on Binance 1|Binance How To Buy 1} bZx Protocol (BZRX)
Step 4 – Acquisition of {bZx Protocol (BZRX)|(BZRX) bZx Protocol}

As soon as you have discovered {bZx Protocol (BZRX)|(BZRX) bZx Protocol}, you will be given a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). For now we're going to create our own Limit Order.

The ”Price” field will be filled with the latest rate {bZx Protocol (BZRX)|(BZRX) bZx Protocol} was sold for. This can be changed to your favoured price. The field with the “Amount” tag is the amount of BZRX you wish to purchase. The field with the “Total” tag is the aggregated price in BTC that you'll pay for the complete amount of BZRX.

If you are happy, click on “Buy BZRX”. Your plan will be filled when a Vendor sells their BZRX for the price you offered.

Step 5 – Withdraw {bZx Protocol (BZRX)|(BZRX) bZx Protocol}

Unless you are trading, best advise is not to keep your crypto on an Exchange for an extensive period of time. To withdraw your {bZx Protocol (BZRX)|(BZRX) bZx Protocol}, go to the ”Funds” tab and mouse click on “Withdraw”. {bZx Protocol (BZRX)|(BZRX) bZx Protocol} can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate {bZx Protocol (BZRX)|(BZRX) bZx Protocol} by using the provided drop-down box. Enter the quantity of {bZx Protocol (BZRX)|(BZRX) bZx Protocol} you would like to withdraw. Take into account the displayed minimus/fees. Also make sure you have entered your precise withdraw address.

If you are glad, click on “Submit”. You may be requested for phone/email verification before a withdrawal.

Kudos! You have successfully purchased and safed bZx Protocol (BZRX) in Armenia.

That's it!

Take offs from Exchange can take anywhere from 1 – 30 minutes (depending on network usage). Once you have proved your withdrawal using Etherscan.io or Ethplorer.io and the {bZx Protocol (BZRX)|(BZRX) bZx Protocol} is stored inside your wallet, you are done.

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