How to Buy Digital Reserve Currency (DRC) in Azerbaijan

A Step-by-Step-Guide on how to buy Digital Reserve Currency (DRC) in Azerbaijan

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

In the beginning you'll need to purchase one of the top-tier currencies. Exchanges normally accept either Ethereum or Bitcoin in exchange for alternative Coins. Follow the Link below to register and getting your first 10$.

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

Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Exchange now. All exchanges have a deposit form that is similar. Digital Reserve Currency (DRC) is available on Binance, so we will use that as an illustration. Unsure on how to send Coinbase funds to an 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, and so on. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our how-to).

Step 3 – Locate {Digital Reserve Currency (DRC)|(DRC) Digital Reserve Currency}

Once your deposit has been verified, you will instantly have access to your funds and you can launch buying and trading. To invest in {Digital Reserve Currency (DRC)|(DRC) Digital Reserve Currency} on Binance, you will want to go to the ”Exchange” tab and after that click on “Basic”.

In order to discover {Digital Reserve Currency (DRC)|(DRC) Digital Reserve Currency}, you will need to insert the cointype (DRC) into the search box, which is highlighted in the picture. Be certain of having choosen the right pairing, we've highlighted this too. Click on “DRC/BTC” to continue.

{How to buy Coin on Binance 1|Binance How To Buy 1} Digital Reserve Currency (DRC)
Step 4 – Purchase {Digital Reserve Currency (DRC)|(DRC) Digital Reserve Currency}

As soon as you have found {Digital Reserve Currency (DRC)|(DRC) Digital Reserve Currency}, you'll be given a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). For now we are creating our Limit Order.

The field with the “Price” tag will be filled automatically with the latest price {Digital Reserve Currency (DRC)|(DRC) Digital Reserve Currency} was sold for. This can be changed to your desired rate. The ”Amount” field is the volumen of DRC you want to buy. The ”Total” field is the whole price in BTC that you'll settle for the complete volumen of DRC.

When you are glad, click on “Buy DRC”. Your plan will be filled when a Seller trades their DRC for the price you submitted.

Step 5 – Withdraw {Digital Reserve Currency (DRC)|(DRC) Digital Reserve Currency}

Unless you are frequently trading, best advise is not to keep your coins on an Crypto Trader for an extensive period of time. In order to take off your {Digital Reserve Currency (DRC)|(DRC) Digital Reserve Currency}, go to the tab called “Funds” and click on “Withdraw”. {Digital Reserve Currency (DRC)|(DRC) Digital Reserve Currency} can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate {Digital Reserve Currency (DRC)|(DRC) Digital Reserve Currency} by using the provided drop-down box. Drop in the volumen of {Digital Reserve Currency (DRC)|(DRC) Digital Reserve Currency} you'd wish to take off. Take into account the demonstrated minimus/fees. Also make sure you have filled your correct withdraw address.

If you are happy, click “Submit”. You may be requested for email/phone verification ahead of a take off.

Congrats! You've successfully bought and stored Digital Reserve Currency (DRC) in Azerbaijan.

That's it!

Take offs from Crypto Exchange can durate between 1 – 30 minutes (rely on usage of the network). As soon as you've confirmed your take off with Etherscan.io or Ethplorer.io and the {Digital Reserve Currency (DRC)|(DRC) Digital Reserve Currency} is safe inside your wallet, you're done.

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