How to Buy ClassicBitcoin (CBTC) in Azerbaijan

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

Step 1 – Join Coinbase – Get Free $10

You will first need to purchase one of the major coins. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click below for registration and to get your first $10.

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

Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Exchange now. Every exchange has a deposit form that is identical. ClassicBitcoin (CBTC) is available on Binance, so we're going to use that as an sample. Unsure on how to send Coinbase funds to an Exchange? (Just follow these easy steps)

Make sure you've selected the exact coin you want to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so forth. In the case you are using a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our manual).

Step 3 – Find {ClassicBitcoin (CBTC)|(CBTC) ClassicBitcoin}

Once your deposit has been confirmed, you will directly have access to your finances and you can initiate invest and trading. To invest in {ClassicBitcoin (CBTC)|(CBTC) ClassicBitcoin} on Binance, you will want to hover over the ”Exchange” tab and after that click on “Basic”.

In order to locate {ClassicBitcoin (CBTC)|(CBTC) ClassicBitcoin}, you will need to insert the short name of the asset (CBTC) into the search-box, which is marked in the picture. Make sure you have choosen the proper pairing, we've marked this also. Click on “CBTC/BTC” to go ahead.

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

After you've spotted {ClassicBitcoin (CBTC)|(CBTC) ClassicBitcoin}, you will be presented with a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the image). And now we are making our own Limit Order.

The field with the “Price” tag will be filled automatically with the most recent price {ClassicBitcoin (CBTC)|(CBTC) ClassicBitcoin} was sold for. This can be changed to your preferred rate. The field with the “Amount” tag is the volumen of CBTC you like to purchase. The field with the “Total” tag is the whole price in Bitcoin that you will pay for the complete volumen of CBTC.

If you're satisfied, click on “Buy CBTC”. Your plan will be filled as soon as a Seller trades their CBTC for the price you submitted.

Step 5 – Withdraw {ClassicBitcoin (CBTC)|(CBTC) ClassicBitcoin}

Unless you are frequently trading, never keep your crypto on an Crypto Trader for an longer time frame. In order to withdraw your {ClassicBitcoin (CBTC)|(CBTC) ClassicBitcoin}, hover over the ”Funds” tab and mouse click on “Withdraw”. {ClassicBitcoin (CBTC)|(CBTC) ClassicBitcoin} can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate {ClassicBitcoin (CBTC)|(CBTC) ClassicBitcoin} by using the provided drop-down box. Enter the volumen of {ClassicBitcoin (CBTC)|(CBTC) ClassicBitcoin} you would wish to withdraw. Don't forget the shown fees/minimums. Also make sure you have entered your right withdraw address.

If you are satisfied, click on “Submit”. You may be requested for phone/email verification ahead of a take off.

Kudos! You've successfully purchased and stored ClassicBitcoin (CBTC) in Azerbaijan.

That's it!

Take offs from Cryptocurrency Exchange can durate anywhere from 1 – 30 minutes (rely on usage of the network). As soon as you've proved your take off using Ethplorer.io or Etherscan.io and the {ClassicBitcoin (CBTC)|(CBTC) ClassicBitcoin} is safe in your wallet, you are done.

And some more interesting Altcoins:

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