How to Buy DAOFi (DAOFI) in Azerbaijan

A Step-by-Step-Guide on how to buy DAOFi (DAOFI) in Azerbaijan

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

You will first need to purchase units of the major coins. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Click the button below to register and receive your welcome 10$.

Binance Signup
Step 2 – Send Your ETH (Ethereum) or BTC (Bitcoin) 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 alike. DAOFi (DAOFI) is obtainable on Binance, so we will use that as an illustration. Unsure on how to send Coinbase funds to an Crypto Trader? (Just follow these easy steps)

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

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etcetera. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow these easy steps).

Step 3 – Locate {DAOFi (DAOFI)|(DAOFI) DAOFi}

As soon as your deposit has been verified, you will directly have access to your assets and you can initiate invest and trading. To invest in {DAOFi (DAOFI)|(DAOFI) DAOFi} on Binance, you will want to go to the tab which is called “Exchange” and click on “Basic”.

To find {DAOFi (DAOFI)|(DAOFI) DAOFi}, you will need to put the cointype (DAOFI) into the search-box, which is highlighted in the graphic. Make sure you have selected the proper grouping, we have highlighted this also. Click on “DAOFI/BTC” to go ahead.

{How to buy Coin on Binance 1|Binance How To Buy 1} DAOFi (DAOFI)
Step 4 – Purchasing {DAOFi (DAOFI)|(DAOFI) DAOFi}

After you have found {DAOFi (DAOFI)|(DAOFI) DAOFi}, you'll be given a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). And now we are making our Limit Order.

The ”Price” field will be filled with the up-to-date valuation {DAOFi (DAOFI)|(DAOFI) DAOFi} was traded for. This can be changed to your desired price. The field with the “Amount” tag is the quantity of DAOFI you wish to buy. The ”Total” field is the total price in BTC that you will settle for the complete quantity of DAOFI.

If you are satisfied, click on “Buy DAOFI”. Your order will be filled when a Vendor trades their DAOFI for the price you introduced.

Step 5 – Withdraw {DAOFi (DAOFI)|(DAOFI) DAOFi}

Unless you're trading, you should never keepyour crypto coins on an Crypto Trader for an extended time frame. In order to take off your {DAOFi (DAOFI)|(DAOFI) DAOFi}, hover over the ”Funds” tab and mouse click on “Withdraw”. {DAOFi (DAOFI)|(DAOFI) DAOFi} can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find {DAOFi (DAOFI)|(DAOFI) DAOFi} by using the given drop-down box. Put into the quantity of {DAOFi (DAOFI)|(DAOFI) DAOFi} you would wish to take off. Don't forget the shown fees/minimums. Also make sure you have entered your right withdraw address.

When you're satisfied, make a mouse click on “Submit”. You may be requested for email/phone verification before a take off.

Kudos! You've successfully purchased and stored DAOFi (DAOFI) in Azerbaijan.

That's it!

Withdrawals from Exchange can durate anywhere from 1 – 30 minutes (rely on usage of the network). Once you have proved your withdrawal with Ethplorer.io or Etherscan.io and the {DAOFi (DAOFI)|(DAOFI) DAOFi} is safe inside your wallet, you are all done.

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