How to Buy Dollars (USDX) in Azerbaijan

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

Step 1 – Signup to Coinbase – Get Free $10

In the beginning you'll need to purchase one of the bigger coins. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Follow the Link below to register and to get your welcome 10 Dollar.

Binance Signup
Step 2 – Transmit Your Funds to an Exchange

Your Bitcoin or Ethereum will need to be sent over to an Exchange now. Every exchange has a deposit form that is similar. Dollars (USDX) is accessible 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've chosen the exact coin you would like to deposit.

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etcetera. In the case you are using a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our guide).

Step 3 – Find {Dollars (USDX)|(USDX) Dollars}

As soon as your deposit has been approved, you will instantly have access to your funds and you can begin buying and trading. To purchase {Dollars (USDX)|(USDX) Dollars} on Binance, you will want to hover over the ”Exchange” tab and mouse click on “Basic”.

In order to find {Dollars (USDX)|(USDX) Dollars}, you will need to insert the cointype (USDX) into the search-box, which is highlighted in the picture. Be certain of having selected the right pairing, we've highlighted this too. Click on “USDX/BTC” to progress.

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

As soon as you have located {Dollars (USDX)|(USDX) Dollars}, you will be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). And now we are making our Limit Order.

The ”Price” field will be filled automatically with the up-to-date rate {Dollars (USDX)|(USDX) Dollars} was traded for. You can change this to your desired rate. The ”Amount” field is the quantity of USDX you want to buy. The ”Total” field is the aggregated price in BTC that you'll pay for the complete quantity of USDX.

If you're glad, click on “Buy USDX”. Your order will be filled when a Vendor sells their USDX for the price you gave.

Step 5 – Withdraw {Dollars (USDX)|(USDX) Dollars}

Unless you're regularly trading, never keep your coins on an Crypto Exchange for an extended time frame. To take off your {Dollars (USDX)|(USDX) Dollars}, hover over the ”Funds” tab and mouse click on “Withdraw”. {Dollars (USDX)|(USDX) Dollars} can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate {Dollars (USDX)|(USDX) Dollars} by using the provided drop-down box. Put into the amount of {Dollars (USDX)|(USDX) Dollars} you'd wish to take off. Take into account the displayed fees/minimums. Also make sure you have entered your precise withdraw address.

If you're glad, make a mouse click on “Submit”. You could be requested for verfication via phone/email ahead of a withdrawal.

Congrats! You have successfully bought and safed Dollars (USDX) in Azerbaijan.

That's it!

Withdrawals from Exchange can durate anywhere from 1 – 30 minutes (depending on usage of the network). As soon as you have proved your take off with Ethplorer.io or Etherscan.io and the {Dollars (USDX)|(USDX) Dollars} is safe inside your wallet, you're done.

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