How to Buy DMD (DMD) in Azerbaijan

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

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

You'll first need to buy units of the bigger currencies. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Click the button below for registration and receive your welcome $10.

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

Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Exchange now. Every exchange has a deposit form that is identical. DMD (DMD) 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 guide)

Make sure you have chosen the right coin you want to deposit.

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, et cetera. In the case you are working with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our guide).

Step 3 – Locate {DMD (DMD)|(DMD) DMD}

Once your deposit has been approved, you will instantly have access to your assets and you can initiate purchasing and trading. To purchase {DMD (DMD)|(DMD) DMD} on Binance, you will want to hover over the tab which is called “Exchange” and click on “Basic”.

To discover {DMD (DMD)|(DMD) DMD}, you will need to insert the cointype (DMD) into the search box, which is marked in the image. Make sure you have selected the correct pairing, we have marked this also. Click on “DMD/BTC” to advance.

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

After you have spotted {DMD (DMD)|(DMD) DMD}, you will be presented with a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). For now we're going to make our Limit Order.

The ”Price” field will be filled with the most up-to-date rate {DMD (DMD)|(DMD) DMD} was sold for. This can be changed to your preferred rate. The ”Amount” field is the quantity of DMD you wish to purchase. The ”Total” field is the total price in BTC that you will pay for the complete quantity of DMD.

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

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

Unless you're frequently trading, best advise is not to keep coins on an Exchange for an longer period of time. To take off your {DMD (DMD)|(DMD) DMD}, go to the tab called “Funds” and mouse click on “Withdraw”. {DMD (DMD)|(DMD) DMD} can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find {DMD (DMD)|(DMD) DMD} by using the provided drop-down box. Drop in the volumen of {DMD (DMD)|(DMD) DMD} you'd wish to take off. Don't forget the presented fees/minimums. Also make sure you have entered your correct withdraw address.

When you're happy, click on “Submit”. You could be asked for phone/email verification before a take off.

Congratulations! You have successfully bought and stored DMD (DMD) in Azerbaijan.

That's it!

Withdrawals from Crypto Exchange can take anywhere from 1 – 30 minutes (depending on usage of the network). Once you've confirmed your take off with Ethplorer.io or Etherscan.io and the {DMD (DMD)|(DMD) DMD} is stored in your wallet, you're done.

And some more interesting Altcoins:

How to buy Upper Pound (GBPU) in Albania
How to buy Petrachor (PTA) in Angola
How to buy ETH Maximalist Set (ETH10K) in Albania