How to Buy Cryptocurrency (CCY) in Azerbaijan

A Step-by-Step-Guide on how to buy Cryptocurrency (CCY) in Azerbaijan

Step 1 – Join Coinbase and recieve 10$ for free

You will first need to buy units of the bigger currencies. Exchanges commonly accept either Ethereum or Bitcoin in exchange for Altcoins. Click the button below for registration and receive your first 10 Dollar.

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

Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. Cryptocurrency (CCY) is accessible on Binance, so we're going to use that as an illustration. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this how-to)

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

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so forth. If you're using a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our how-to).

Step 3 – Locate {Cryptocurrency (CCY)|(CCY) Cryptocurrency}

Once your deposit has been verified, you'll directly have access to your finances and you can initiate purchasing and trading. To purchase {Cryptocurrency (CCY)|(CCY) Cryptocurrency} on Binance, you'll want to hover over the ”Exchange” tab and click on “Basic”.

To locate {Cryptocurrency (CCY)|(CCY) Cryptocurrency}, you'll need to put the shortname of the coin (CCY) into the search box, which is highlighted in the graphic. Make sure you have choosen the correct grouping, we have highlighted this also. Click on “CCY/BTC” to progress.

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

As soon as you have found {Cryptocurrency (CCY)|(CCY) Cryptocurrency}, you'll be presented with a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the image). Next we're going to create our Limit Order.

The ”Price” field will be filled with the most recent tariff {Cryptocurrency (CCY)|(CCY) Cryptocurrency} was sold for. You can change this to your preferred price. The ”Amount” field is the amount of CCY you wish to purchase. The ”Total” field is the aggregated price in Bitcoin that you will settle for the whole amount of CCY.

When you are happy, make a mouse click on “Buy CCY”. Your order will be filled as soon as a Seller sells their CCY for the price you gave.

Step 5 – Withdraw {Cryptocurrency (CCY)|(CCY) Cryptocurrency}

Unless you are frequently trading, you should never keepyour crypto coins on an Exchange for an extensive time period. To take off your {Cryptocurrency (CCY)|(CCY) Cryptocurrency}, go to the ”Funds” tab and mouse click on “Withdraw”. {Cryptocurrency (CCY)|(CCY) Cryptocurrency} can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate {Cryptocurrency (CCY)|(CCY) Cryptocurrency} by using the given drop-down box. Drop in the quantity of {Cryptocurrency (CCY)|(CCY) Cryptocurrency} you would like to take off. Take into account the displayed minimus/fees. Also make sure you have entered your correct withdraw address.

When you are happy, make a mouse click on “Submit”. You may be asked for email/phone verification ahead of a withdrawal.

Congrats! You've successfully purchased and stored Cryptocurrency (CCY) in Azerbaijan.

That's it!

Take offs from Cryptocurrency Exchange can take between 1 – 30 minutes (rely on usage of the network). Once you've proved your withdrawal with Etherscan.io or Ethplorer.io and the {Cryptocurrency (CCY)|(CCY) Cryptocurrency} is safe within your wallet, you're finished.

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