How to Buy Cosmos (ATOM) in Azerbaijan

A Step-by-Step-Guide on how to buy Cosmos (ATOM) in Azerbaijan

Step 1 – Join Coinbase and recieve 10$ for free

You will first need to purchase units of the bigger coins. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Click below to register and getting your welcome $10.

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

Your Bitcoin or Ethereum has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. Cosmos (ATOM) is accessible on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Crypto Trader? (Follow this guide)

Make sure you have selected the exact coin you would like to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etcetera. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be different (Follow our how-to).

Step 3 – Find {Cosmos (ATOM)|(ATOM) Cosmos}

As soon as your deposit has been confirmed, you'll now have access to your finances and you can begin buying and trading. To invest in {Cosmos (ATOM)|(ATOM) Cosmos} on Binance, you'll want to go to the tab which is called “Exchange” and after that click on “Basic”.

To spot {Cosmos (ATOM)|(ATOM) Cosmos}, you'll need to insert the shortname of the coin (ATOM) into the search-box, which is highlighted in the image. Be certain of having selected the correct grouping, we have highlighted this too. Click on “ATOM/BTC” to proceed.

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

Once you've located {Cosmos (ATOM)|(ATOM) Cosmos}, you'll be given a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). Next we're going to create our Limit Order.

The field with the “Price” tag will be filled with the recent price {Cosmos (ATOM)|(ATOM) Cosmos} was traded for. You can change this to your preferred rate. The ”Amount” field is the amount of ATOM you want to buy. The ”Total” field is the whole price in Bitcoin that you will pay for the whole amount of ATOM.

When you are satisfied, click on “Buy ATOM”. Your plan will be filled when a Vender trades their ATOM for the price you offered.

Step 5 – Withdraw {Cosmos (ATOM)|(ATOM) Cosmos}

Unless you're frequently trading, best advise is not to keep crypto on an Exchange for an extended time frame. To withdraw your {Cosmos (ATOM)|(ATOM) Cosmos}, hover over the ”Funds” tab and click on “Withdraw”. {Cosmos (ATOM)|(ATOM) Cosmos} can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate {Cosmos (ATOM)|(ATOM) Cosmos} by using the provided drop-down box. Put into the amount of {Cosmos (ATOM)|(ATOM) Cosmos} you'd wish to withdraw. Take into account the demonstrated minimus/fees. Also make sure you have entered your right withdraw address.

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

Congrats! You've successfully bought and safed Cosmos (ATOM) in Azerbaijan.

That's it!

Withdrawals from Crypto Trader can durate between 1 – 30 minutes (depending on usage of the network). Once you've proved your withdrawal using Ethplorer.io or Etherscan.io and the {Cosmos (ATOM)|(ATOM) Cosmos} is stored within your wallet, you're finished.

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