How to Buy Dowcoin (DOW) in Azerbaijan

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

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

In the beginning you'll need to buy units of the bigger currencies. Exchanges normally accept either Bitcoin or Ethereum in exchange for alternative Coins. Follow the Link below to register and to get your first 10 Dollar.

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

Your Bitcoin or Ethereum has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is identical. Dowcoin (DOW) is available on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Follow this manual)

Make sure you've chosen the precise coin you want to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etc. If you are using a decentralized exchange, like Airswap or DDEX could be different (Follow our guide).

Step 3 – Locate {Dowcoin (DOW)|(DOW) Dowcoin}

Once your deposit has been confirmed, you will instantly have access to your assets and you can begin purchasing and trading. To purchase {Dowcoin (DOW)|(DOW) Dowcoin} on Binance, you will want to hover over the ”Exchange” tab and after that click on “Basic”.

To discover {Dowcoin (DOW)|(DOW) Dowcoin}, you will need to put the shortname of the coin (DOW) into the search-box, which is marked in the picture. Make sure you have selected the correct grouping, we have marked this also. Click on “DOW/BTC” to advance.

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

After you have discovered {Dowcoin (DOW)|(DOW) Dowcoin}, you will be presented with a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). Next we are creating our own Limit Order.

The field with the “Price” tag will be filled automatically with the up-to-date tariff {Dowcoin (DOW)|(DOW) Dowcoin} was sold for. This can be changed to your desired rate. The ”Amount” field is the amount of DOW you like to purchase. The field with the “Total” tag is the total price in BTC that you will settle for the complete amount of DOW.

If you're glad, make a mouse click on “Buy DOW”. Your plan will be filled when a Vendor trades their DOW for the price you offered.

Step 5 – Withdraw {Dowcoin (DOW)|(DOW) Dowcoin}

Unless you're trading, best advise is not to keep coins on an Cryptocurrency Exchange for an longer time frame. In order to take off your {Dowcoin (DOW)|(DOW) Dowcoin}, hover over the tab called “Funds” and click on “Withdraw”. {Dowcoin (DOW)|(DOW) Dowcoin} can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find {Dowcoin (DOW)|(DOW) Dowcoin} by using the given drop-down box. Enter the quantity of {Dowcoin (DOW)|(DOW) Dowcoin} you would like to take off. Don't forget the displayed minimus/fees. Also make sure you have entered your correct 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.

Congrats! You've successfully bought and stored Dowcoin (DOW) in Azerbaijan.

That's it!

Withdrawals from Cryptocurrency Exchange can take between 1 – 30 minutes (depending on usage of the network). Once you've proved your take off with Ethplorer.io or Etherscan.io and the {Dowcoin (DOW)|(DOW) Dowcoin} is stored in your wallet, you are finished.

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