How to Buy DeFiat (DFT) in Azerbaijan

A Step-by-Step-Guide on how to buy DeFiat (DFT) in Azerbaijan

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

In the beginning you'll need to purchase one of the bigger currencies. Exchanges normally accept either Ethereum or Bitcoin in exchange for Altcoins. Click below to register and receive your welcome $10.

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

Your Ethereum or Bitcoin will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is alike. DeFiat (DFT) is accessible on Binance, so we're going to use that as an example. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this manual)

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

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etc. In the case you're using a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our manual).

Step 3 – Locate {DeFiat (DFT)|(DFT) DeFiat}

Once your deposit has been confirmed, you will now have access to your finances and you can commence buying and trading. To invest in {DeFiat (DFT)|(DFT) DeFiat} on Binance, you will want to go to the tab which is called “Exchange” and then click on “Basic”.

To spot {DeFiat (DFT)|(DFT) DeFiat}, you will need to put the shortname of the coin (DFT) into the search-box, which is marked in the picture. Make sure you have choosen the right pairing, we have marked this too. Click on “DFT/BTC” to continue.

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

Once you have discovered {DeFiat (DFT)|(DFT) DeFiat}, you will be presented with a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). And now we're going to make our own Limit Order.

The field with the “Price” tag will be filled with the latest tariff {DeFiat (DFT)|(DFT) DeFiat} was traded for. You can change this to your desired rate. The field with the “Amount” tag is the quantity of DFT you want to buy. The field with the “Total” tag is the aggregated price in BTC that you will pay for the complete quantity of DFT.

When you're happy, click on “Buy DFT”. Your plan will be filled as soon as a Vender trades their DFT for the price you gave.

Step 5 – Withdraw {DeFiat (DFT)|(DFT) DeFiat}

Unless you are regularly trading, never keep your coins on an Crypto Trader for an extensive time period. To take off your {DeFiat (DFT)|(DFT) DeFiat}, hover over the ”Funds” tab and click on “Withdraw”. {DeFiat (DFT)|(DFT) DeFiat} can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find {DeFiat (DFT)|(DFT) DeFiat} by using the given drop-down box. Drop in the quantity of {DeFiat (DFT)|(DFT) DeFiat} you'd like to take off. Take into account the shown minimus/fees. Also make sure you have entered your correct withdraw address.

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

Congrats! You've successfully bought and stored DeFiat (DFT) in Azerbaijan.

That's it!

Take offs from Exchange can take anywhere from 1 – 30 minutes (depending on network usage). Once you've proved your withdrawal using Ethplorer.io or Etherscan.io and the {DeFiat (DFT)|(DFT) DeFiat} is stored inside your wallet, you are done.

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