How to Buy Cloakcoin (CLOAK) in Azerbaijan

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

Step 1 – Signup to Coinbase – Get Free $10

In the beginning you'll need to purchase units of the top-tier currencies. Exchanges usually accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Click below to register and receive your first $10.

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

Your Bitcoin or Ethereum has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is identical. Cloakcoin (CLOAK) is obtainable on Binance, so we're going to use that as an illustration. Not sure on how to send Coinbase funds to an Crypto Exchange? (Follow these easy steps)

Make sure you've selected the right coin you wish to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, et cetera. In the case you're using a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our guide).

Step 3 – Locate {Cloakcoin (CLOAK)|(CLOAK) Cloakcoin}

As soon as your deposit has been confirmed, you will now have access to your assets and you can initiate purchasing and trading. To purchase {Cloakcoin (CLOAK)|(CLOAK) Cloakcoin} on Binance, you will want to hover over the tab which is called “Exchange” and then click on “Basic”.

To discover {Cloakcoin (CLOAK)|(CLOAK) Cloakcoin}, you will need to insert the cointype (CLOAK) into the search box, which is highlighted in the picture. Be certain of having choosen the correct grouping, we have highlighted this also. Click on “CLOAK/BTC” to go on.

{How to buy Coin on Binance 1|Binance How To Buy 1} Cloakcoin (CLOAK)
Step 4 – Purchase {Cloakcoin (CLOAK)|(CLOAK) Cloakcoin}

After you've located {Cloakcoin (CLOAK)|(CLOAK) Cloakcoin}, you will be given a Price Chart (in the Center of the image) and some Order Books (on the Left of the image). For now we are creating our own Limit Order.

The field with the “Price” tag will be automatically filled with the most recent valuation {Cloakcoin (CLOAK)|(CLOAK) Cloakcoin} was traded for. This can be changed to your favoured rate. The field with the “Amount” tag is the volumen of CLOAK you like to buy. The field with the “Total” tag is the whole price in BTC that you'll settle for the whole volumen of CLOAK.

When you're satisfied, make a mouse click on “Buy CLOAK”. Your order will be filled as soon as a Vender trades their CLOAK for the price you offered.

Step 5 – Withdraw {Cloakcoin (CLOAK)|(CLOAK) Cloakcoin}

Unless you're regularly trading, best advise is not to keep your coins on an Crypto Exchange for an longer time period. To withdraw your {Cloakcoin (CLOAK)|(CLOAK) Cloakcoin}, go to the ”Funds” tab and click on “Withdraw”. {Cloakcoin (CLOAK)|(CLOAK) Cloakcoin} can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate {Cloakcoin (CLOAK)|(CLOAK) Cloakcoin} by using the given drop-down box. Enter the amount of {Cloakcoin (CLOAK)|(CLOAK) Cloakcoin} you would like to withdraw. Don't forget the shown minimus/fees. Also make sure you have filled your precise withdraw address.

If you're glad, click “Submit”. You could be asked for verfication via phone/email before a take off.

Congratulations! You've successfully purchased and safed Cloakcoin (CLOAK) in Azerbaijan.

That's it!

Withdrawals from Crypto Trader can take between 1 – 30 minutes (rely on network usage). Once you've proved your take off with Etherscan.io or Ethplorer.io and the {Cloakcoin (CLOAK)|(CLOAK) Cloakcoin} is stored inside your wallet, you are finished.

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