How to Buy CNY Tether (CNYT) in Azerbaijan

A Step-by-Step-Guide on how to buy CNY Tether (CNYT) in Azerbaijan

Step 1 – Signup to Coinbase and recieve 10$ for free

You will first need to buy one of the top-tier currencies. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Click below for registration and to get your welcome 10 Dollar.

Binance Signup
Step 2 – Send Your Funds to an Cryptocurrency Exchange

Your Bitcoin or Ethereum will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. CNY Tether (CNYT) is obtainable on Binance, so we're going to use that as an illustration. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this guide)

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

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so forth. If you're working with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow these easy steps).

Step 3 – Find {CNY Tether (CNYT)|(CNYT) CNY Tether}

As soon as your deposit has been affirmed, you'll instantly have access to your funds and you can commence purchasing and trading. To invest in {CNY Tether (CNYT)|(CNYT) CNY Tether} on Binance, you'll want to hover over the ”Exchange” tab and mouse click on “Basic”.

In order to spot {CNY Tether (CNYT)|(CNYT) CNY Tether}, you'll need to put the shortname of the coin (CNYT) into the search-box, which is highlighted in the image. Be certain of having selected the right grouping, we've highlighted this also. Click on “CNYT/BTC” to go on.

{How to buy Coin on Binance 1|Binance How To Buy 1} CNY Tether (CNYT)
Step 4 – Acquisition of {CNY Tether (CNYT)|(CNYT) CNY Tether}

After you have found {CNY Tether (CNYT)|(CNYT) CNY Tether}, you will be presented with a Price Chart (in the Center of the picture) and some Order Books (on the Left of the picture). Next we are going to make our own Limit Order.

The ”Price” field will be automatically filled with the most recent rate {CNY Tether (CNYT)|(CNYT) CNY Tether} was sold for. You can change this to your favoured rate. The ”Amount” field is the volumen of CNYT you wish to purchase. The ”Total” field is the whole price in Bitcoin that you'll pay for the whole volumen of CNYT.

If you're satisfied, make a mouse click on “Buy CNYT”. Your plan will be filled as soon as a Seller sells their CNYT for the price you gave.

Step 5 – Withdraw {CNY Tether (CNYT)|(CNYT) CNY Tether}

Unless you're trading, never keep your crypto on an Exchange for an longer time frame. To withdraw your {CNY Tether (CNYT)|(CNYT) CNY Tether}, hover over the ”Funds” tab and click on “Withdraw”. {CNY Tether (CNYT)|(CNYT) CNY Tether} can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate {CNY Tether (CNYT)|(CNYT) CNY Tether} by using the provided drop-down box. Enter the volumen of {CNY Tether (CNYT)|(CNYT) CNY Tether} you'd wish to withdraw. Take into account the presented minimus/fees. Also make sure you have entered your correct withdraw address.

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

Kudos! You have successfully purchased and stored CNY Tether (CNYT) in Azerbaijan.

That's it!

Take offs from Crypto Trader can take between 1 – 30 minutes (rely on network usage). Once you have proved your take off using Ethplorer.io or Etherscan.io and the {CNY Tether (CNYT)|(CNYT) CNY Tether} is safe in your wallet, you are done.

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