How to Buy Diamond (DMD) in Azerbaijan

A Step-by-Step-Guide on how to buy Diamond (DMD) in Azerbaijan

Step 1 – Join Coinbase and recieve 10$ for free

In the beginning you'll need to buy units of the bigger coins. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Follow the Link below for registration and receive your first 10 Dollar.

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

Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is similar. Diamond (DMD) is available on Binance, so we're going to use that as an illustration. Unsure on how to send funds from Coinbase to an Crypto Trader? (Follow these easy steps)

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

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so forth. If you are using a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our how-to).

Step 3 – Locate {Diamond (DMD)|(DMD) Diamond}

As soon as your deposit has been affirmed, you'll now have access to your finances and you can begin purchasing and trading. To invest in {Diamond (DMD)|(DMD) Diamond} on Binance, you'll want to hover over the ”Exchange” tab and after that click on “Basic”.

To find {Diamond (DMD)|(DMD) Diamond}, you'll need to insert the short name of the asset (DMD) into the search box, which is marked in the image. Make sure you have selected the right pairing, we've marked this also. Click on “DMD/BTC” to continue.

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

As soon as you've spotted {Diamond (DMD)|(DMD) Diamond}, you will be presented with a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). Next we're making our own Limit Order.

The ”Price” field will be filled automatically with the up-to-date valuation {Diamond (DMD)|(DMD) Diamond} was sold for. You can change this to your favoured rate. The ”Amount” field is the quantity of DMD you want to purchase. The ”Total” field is the total price in BTC that you'll pay for the complete quantity of DMD.

If you are satisfied, make a mouse click on “Buy DMD”. Your plan will be filled when a Vendor sells their DMD for the price you gave.

Step 5 – Withdraw {Diamond (DMD)|(DMD) Diamond}

Unless you are regularly trading, best advise is not to keep crypto coins on an Crypto Exchange for an extensive time frame. To withdraw your {Diamond (DMD)|(DMD) Diamond}, go to the ”Funds” tab and click on “Withdraw”. {Diamond (DMD)|(DMD) Diamond} can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find {Diamond (DMD)|(DMD) Diamond} by using the given drop-down box. Put into the amount of {Diamond (DMD)|(DMD) Diamond} you would like to withdraw. Don't forget the presented fees/minimums. Also make sure you have filled your precise withdraw address.

If you are glad, click “Submit”. You may be asked for email/phone verification ahead of a withdrawal.

Congratulations! You've successfully bought and safed Diamond (DMD) in Azerbaijan.

That's it!

Withdrawals from Cryptocurrency Exchange can durate anywhere from 1 – 30 minutes (depending on network usage). Once you've proved your withdrawal using Etherscan.io or Ethplorer.io and the {Diamond (DMD)|(DMD) Diamond} is stored inside your wallet, you're finished.

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