How to Buy CoffeeCoin (COF) in Azerbaijan

A Step-by-Step-Guide on how to buy CoffeeCoin (COF) in Azerbaijan

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

You will first need to buy units of the major coins. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Follow the Link below for registration and getting your first $10.

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

Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is similar. CoffeeCoin (COF) is accessible on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Crypto Trader? (Follow this manual)

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

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, et cetera. If you're working with a decentralized exchange, like Airswap or DDEX could be unlike (Follow our how-to).

Step 3 – Find {CoffeeCoin (COF)|(COF) CoffeeCoin}

Once your deposit has been approved, you'll instantly have access to your funds and you can begin purchasing and trading. To buy {CoffeeCoin (COF)|(COF) CoffeeCoin} on Binance, you'll want to hover over the tab which is called “Exchange” and then mouse click on “Basic”.

In order to spot {CoffeeCoin (COF)|(COF) CoffeeCoin}, you'll need to insert the short name of the asset (COF) 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 “COF/BTC” to progress.

{How to buy Coin on Binance 1|Binance How To Buy 1} CoffeeCoin (COF)
Step 4 – Buy {CoffeeCoin (COF)|(COF) CoffeeCoin}

After you have located {CoffeeCoin (COF)|(COF) CoffeeCoin}, you will be given a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). And now we are going to create our own Limit Order.

The field with the “Price” tag will be automatically filled with the recent valuation {CoffeeCoin (COF)|(COF) CoffeeCoin} was traded for. You can change this to your desired rate. The field with the “Amount” tag is the quantity of COF you want to purchase. The ”Total” field is the aggregated price in Bitcoin that you'll settle for the whole quantity of COF.

If you're happy, click on “Buy COF”. Your plan will be filled as soon as a Vendor trades their COF for the price you offered.

Step 5 – Withdraw {CoffeeCoin (COF)|(COF) CoffeeCoin}

Unless you're frequently trading, never keep your crypto on an Exchange for an extended period of time. In order to withdraw your {CoffeeCoin (COF)|(COF) CoffeeCoin}, hover over the ”Funds” tab and mouse click on “Withdraw”. {CoffeeCoin (COF)|(COF) CoffeeCoin} can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find {CoffeeCoin (COF)|(COF) CoffeeCoin} by using the provided drop-down box. Enter the volumen of {CoffeeCoin (COF)|(COF) CoffeeCoin} you would like to withdraw. Don't forget the displayed fees/minimums. Also make sure you have filled your right withdraw address.

If you're happy, click “Submit”. You may be requested for phone/email verification before a withdrawal.

Congrats! You've successfully purchased and stored CoffeeCoin (COF) in Azerbaijan.

That's it!

Take offs from Cryptocurrency Exchange can durate anywhere from 1 – 30 minutes (depending on usage of the network). As soon as you've confirmed your take off with Etherscan.io or Ethplorer.io and the {CoffeeCoin (COF)|(COF) CoffeeCoin} is safe in your wallet, you are finished.

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