How to Buy DigitalBits (XDB) in Azerbaijan

A Step-by-Step-Guide on how to buy DigitalBits (XDB) in Azerbaijan

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

You will first need to purchase one of the major currencies. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Click below to register and getting your first 10$.

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

Your Bitcoin or Ethereum has to be sent over to an Exchange now. Every exchange has a deposit form that is alike. DigitalBits (XDB) is accessible on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Exchange? (Just follow this how-to)

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

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etcetera. In the case you're using a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our guide).

Step 3 – Locate {DigitalBits (XDB)|(XDB) DigitalBits}

As soon as your deposit has been verified, you will now have access to your assets and you can begin purchasing and trading. To buy {DigitalBits (XDB)|(XDB) DigitalBits} on Binance, you will want to hover over the ”Exchange” tab and then mouse click on “Basic”.

In order to spot {DigitalBits (XDB)|(XDB) DigitalBits}, you will need to insert the cointype (XDB) into the search-box, which is highlighted in the picture. Be certain of having selected the correct grouping, we have highlighted this too. Click on “XDB/BTC” to continue.

{How to buy Coin on Binance 1|Binance How To Buy 1} DigitalBits (XDB)
Step 4 – Acquisition of {DigitalBits (XDB)|(XDB) DigitalBits}

After you've found {DigitalBits (XDB)|(XDB) DigitalBits}, you'll be given a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). Next we are going to create our own Limit Order.

The field with the “Price” tag will be filled with the up-to-date tariff {DigitalBits (XDB)|(XDB) DigitalBits} was traded for. This can be changed to your desired price. The field with the “Amount” tag is the amount of XDB you like to buy. The field with the “Total” tag is the total price in Bitcoin that you will settle for the complete amount of XDB.

When you're glad, make a mouse click on “Buy XDB”. Your order will be filled as soon as a Seller sells their XDB for the price you submitted.

Step 5 – Withdraw {DigitalBits (XDB)|(XDB) DigitalBits}

Unless you're frequently trading, you should never keepyour crypto on an Crypto Exchange for an longer time period. In order to take off your {DigitalBits (XDB)|(XDB) DigitalBits}, go to the tab called “Funds” and click on “Withdraw”. {DigitalBits (XDB)|(XDB) DigitalBits} can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate {DigitalBits (XDB)|(XDB) DigitalBits} by using the provided drop-down box. Enter the amount of {DigitalBits (XDB)|(XDB) DigitalBits} you would like to take off. Don't forget the demonstrated fees/minimums. Also make sure you have filled your right withdraw address.

When you're glad, click on “Submit”. You may be asked for verfication via email/phone ahead of a withdrawal.

Congrats! You've successfully purchased and safed DigitalBits (XDB) in Azerbaijan.

That's it!

Withdrawals from Cryptocurrency Exchange can durate anywhere from 1 – 30 minutes (rely on network usage). As soon as you've proved your take off with Ethplorer.io or Etherscan.io and the {DigitalBits (XDB)|(XDB) DigitalBits} is safe inside your wallet, you're finished.

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