How to Buy ChanCoin (CHAN) in Azerbaijan

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

Step 1 – Join Coinbase – Get Free $10

You will first need to buy one of the bigger currencies. Exchanges usually accept either Ethereum or Bitcoin in exchange for alternative Coins. Click below for registration and receive your welcome 10$.

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

Your Ethereum or Bitcoin has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. ChanCoin (CHAN) is obtainable on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Crypto Trader? (Just follow this guide)

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

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so on. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our how-to).

Step 3 – Locate {ChanCoin (CHAN)|(CHAN) ChanCoin}

Once your deposit has been verified, you'll immediately have access to your assets and you can initiate purchasing and trading. To invest in {ChanCoin (CHAN)|(CHAN) ChanCoin} on Binance, you'll want to go to the ”Exchange” tab and after that click on “Basic”.

To find {ChanCoin (CHAN)|(CHAN) ChanCoin}, you'll need to insert the cointype (CHAN) into the search box, which is marked in the picture. Be certain of having selected the correct pairing, we've marked this also. Click on “CHAN/BTC” to continue.

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

Once you've located {ChanCoin (CHAN)|(CHAN) ChanCoin}, you'll be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). And now we are going to make our Limit Order.

The field with the “Price” tag will be automatically filled with the recent tariff {ChanCoin (CHAN)|(CHAN) ChanCoin} was traded for. This can be changed to your preferred price. The ”Amount” field is the amount of CHAN you wish to purchase. The field with the “Total” tag is the total price in BTC that you will settle for the whole amount of CHAN.

If you are satisfied, click on “Buy CHAN”. Your order will be filled as soon as a Vender trades their CHAN for the price you submitted.

Step 5 – Withdraw {ChanCoin (CHAN)|(CHAN) ChanCoin}

Unless you are frequently trading, you should never keepyour crypto coins on an Crypto Trader for an longer time frame. To withdraw your {ChanCoin (CHAN)|(CHAN) ChanCoin}, hover over the tab called “Funds” and mouse click on “Withdraw”. {ChanCoin (CHAN)|(CHAN) ChanCoin} can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find {ChanCoin (CHAN)|(CHAN) ChanCoin} by using the given drop-down box. Put into the volumen of {ChanCoin (CHAN)|(CHAN) ChanCoin} you'd wish to withdraw. Don't forget the shown fees/minimums. Also make sure you have filled your right withdraw address.

If you are glad, click on “Submit”. You could be requested for verfication via email/phone before a take off.

Kudos! You've successfully purchased and safed ChanCoin (CHAN) in Azerbaijan.

That's it!

Take offs from Cryptocurrency Exchange can durate between 1 – 30 minutes (depending on usage of the network). As soon as you have confirmed your withdrawal using Ethplorer.io or Etherscan.io and the {ChanCoin (CHAN)|(CHAN) ChanCoin} is stored within your wallet, you are finished.

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