How to Buy DynamicCoin (DMC) in Azerbaijan

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

Step 1 – Join Coinbase and get 10$ for free

In the beginning you'll need to buy one of the major coins. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Click below for registration and getting your welcome 10 Dollar.

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

Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is alike. DynamicCoin (DMC) is accessible 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 how-to)

Make sure you've selected the correct coin you want to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so on. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our how-to).

Step 3 – Locate {DynamicCoin (DMC)|(DMC) DynamicCoin}

As soon as your deposit has been approved, you'll instantly have access to your assets and you can start buying and trading. To invest in {DynamicCoin (DMC)|(DMC) DynamicCoin} on Binance, you'll want to hover over the tab which is called “Exchange” and click on “Basic”.

In order to locate {DynamicCoin (DMC)|(DMC) DynamicCoin}, you'll need to put the short name of the asset (DMC) into the search-box, which is marked in the image. Make sure you have selected the correct pairing, we've marked this too. Click on “DMC/BTC” to go on.

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

Once you've found {DynamicCoin (DMC)|(DMC) DynamicCoin}, 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're going to create our Limit Order.

The ”Price” field will be filled with the most latest rate {DynamicCoin (DMC)|(DMC) DynamicCoin} was traded for. You can change this to your desired price. The field with the “Amount” tag is the quantity of DMC you wish to purchase. The field with the “Total” tag is the total price in Bitcoin that you will pay for the whole quantity of DMC.

If you're satisfied, make a mouse click on “Buy DMC”. Your plan will be filled as soon as a Vender trades their DMC for the price you introduced.

Step 5 – Withdraw {DynamicCoin (DMC)|(DMC) DynamicCoin}

Unless you are trading, best advise is not to keep crypto on an Crypto Exchange for an longer period of time. In order to withdraw your {DynamicCoin (DMC)|(DMC) DynamicCoin}, hover over the ”Funds” tab and click on “Withdraw”. {DynamicCoin (DMC)|(DMC) DynamicCoin} can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate {DynamicCoin (DMC)|(DMC) DynamicCoin} by using the given drop-down box. Drop in the quantity of {DynamicCoin (DMC)|(DMC) DynamicCoin} you'd like to withdraw. Take into account the displayed fees/minimums. Also make sure you have entered your correct withdraw address.

If you are satisfied, make a mouse click on “Submit”. You could be asked for verfication via phone/email ahead of a take off.

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

That's it!

Withdrawals from Cryptocurrency Exchange can durate between 1 – 30 minutes (rely on usage of the network). Once you've confirmed your take off with Ethplorer.io or Etherscan.io and the {DynamicCoin (DMC)|(DMC) DynamicCoin} is stored inside your wallet, you are finished.

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