How to Buy Decred (DCR) in Azerbaijan

A Step-by-Step-Guide on how to buy Decred (DCR) in Azerbaijan

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

In the beginning you'll need to purchase one of the major currencies. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Follow the Link below for registration and getting your first 10$.

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

Your Bitcoin or Ethereum will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. Decred (DCR) is accessible on Binance, so we're going to use that as an sample. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this how-to)

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

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etc. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our how-to).

Step 3 – Find {Decred (DCR)|(DCR) Decred}

Once your deposit has been affirmed, you will immediately have access to your assets and you can start invest and trading. To purchase {Decred (DCR)|(DCR) Decred} on Binance, you will want to go to the ”Exchange” tab and then mouse click on “Basic”.

In order to spot {Decred (DCR)|(DCR) Decred}, you will need to put the cointype (DCR) into the search-box, which is marked in the image. Be certain of having choosen the correct grouping, we've marked this also. Click on “DCR/BTC” to advance.

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

Once you have found {Decred (DCR)|(DCR) Decred}, you will be presented with a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). And now we are going to create our Limit Order.

The ”Price” field will be automatically filled with the latest price {Decred (DCR)|(DCR) Decred} was sold for. You can change this to your preferred rate. The ”Amount” field is the quantity of DCR you like to buy. The field with the “Total” tag is the total price in Bitcoin that you will settle for the whole quantity of DCR.

If you're glad, click on “Buy DCR”. Your order will be filled when a Seller sells their DCR for the price you submitted.

Step 5 – Withdraw {Decred (DCR)|(DCR) Decred}

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

Locate {Decred (DCR)|(DCR) Decred} by using the given drop-down box. Drop in the volumen of {Decred (DCR)|(DCR) Decred} you would like to take off. Take into account the presented minimus/fees. Also make sure you have filled your right withdraw address.

If you are glad, click on “Submit”. You could be requested for verfication via email/phone before a withdrawal.

Congrats! You've successfully purchased and stored Decred (DCR) in Azerbaijan.

That's it!

Take offs from Crypto Trader can durate anywhere from 1 – 30 minutes (rely on usage of the network). Once you have proved your withdrawal with Etherscan.io or Ethplorer.io and the {Decred (DCR)|(DCR) Decred} is safe within your wallet, you're all done.

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