How to Buy Digital Money Bits (DMB) in Azerbaijan

A Step-by-Step-Guide on how to buy Digital Money Bits (DMB) in Azerbaijan

Step 1 – Join Coinbase and get 10$ for free

You'll first need to buy one of the top-tier coins. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Click below for registration and getting your welcome 10$.

Binance Signup
Step 2 – Send Your Ethereum or Bitcoin to an Crypto Exchange

Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is alike. Digital Money Bits (DMB) is accessible on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Crypto Exchange? (Just follow these easy steps)

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

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etcetera. If you're working with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our guide).

Step 3 – Locate {Digital Money Bits (DMB)|(DMB) Digital Money Bits}

Once your deposit has been verified, you'll now have access to your assets and you can begin invest and trading. To purchase {Digital Money Bits (DMB)|(DMB) Digital Money Bits} on Binance, you'll want to hover over the tab which is called “Exchange” and after that click on “Basic”.

To spot {Digital Money Bits (DMB)|(DMB) Digital Money Bits}, you'll need to insert the shortname of the coin (DMB) into the search-box, which is highlighted in the graphic. Make sure you have choosen the right pairing, we have highlighted this too. Click on “DMB/BTC” to go on.

{How to buy Coin on Binance 1|Binance How To Buy 1} Digital Money Bits (DMB)
Step 4 – Buy {Digital Money Bits (DMB)|(DMB) Digital Money Bits}

Once you've discovered {Digital Money Bits (DMB)|(DMB) Digital Money Bits}, you'll be given a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). Next we're creating our Limit Order.

The ”Price” field will be filled with the most latest price {Digital Money Bits (DMB)|(DMB) Digital Money Bits} was sold for. This can be changed to your preferred rate. The ”Amount” field is the volumen of DMB you like to purchase. The ”Total” field is the total price in BTC that you will pay for the complete volumen of DMB.

If you are glad, click on “Buy DMB”. Your order will be filled when a Vendor trades their DMB for the price you gave.

Step 5 – Withdraw {Digital Money Bits (DMB)|(DMB) Digital Money Bits}

Unless you're regularly trading, you should never keepyour crypto coins on an Crypto Exchange for an extended period of time. In order to withdraw your {Digital Money Bits (DMB)|(DMB) Digital Money Bits}, hover over the ”Funds” tab and mouse click on “Withdraw”. {Digital Money Bits (DMB)|(DMB) Digital Money Bits} can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find {Digital Money Bits (DMB)|(DMB) Digital Money Bits} by using the provided drop-down box. Put into the volumen of {Digital Money Bits (DMB)|(DMB) Digital Money Bits} you would wish to withdraw. Don't forget the displayed minimus/fees. Also make sure you have filled your precise withdraw address.

When you're satisfied, make a mouse click on “Submit”. You could be asked for verfication via phone/email ahead of a take off.

Kudos! You have successfully bought and safed Digital Money Bits (DMB) in Azerbaijan.

That's it!

Withdrawals from Crypto Trader can durate between 1 – 30 minutes (rely on network usage). As soon as you've confirmed your take off with Ethplorer.io or Etherscan.io and the {Digital Money Bits (DMB)|(DMB) Digital Money Bits} is stored inside your wallet, you're finished.

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