How to Buy EDC-20 (EDC20) in Azerbaijan

A Step-by-Step-Guide on how to buy EDC-20 (EDC20) in Azerbaijan

Step 1 – Signup to Coinbase – Get Free $10

You will first need to purchase one of the major currencies. Exchanges usually accept either Bitcoin or Ethereum in exchange for alternative Coins. Click below for registration and getting your first 10 Dollar.

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

Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. EDC-20 (EDC20) is obtainable on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this how-to)

Make sure you've chosen the right coin you would like to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etcetera. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our manual).

Step 3 – Locate {EDC-20 (EDC20)|(EDC20) EDC-20}

Once your deposit has been confirmed, you will directly have access to your assets and you can start purchasing and trading. To invest in {EDC-20 (EDC20)|(EDC20) EDC-20} on Binance, you will want to go to the ”Exchange” tab and mouse click on “Basic”.

In order to discover {EDC-20 (EDC20)|(EDC20) EDC-20}, you will need to insert the cointype (EDC20) into the search-box, which is marked in the image. Be certain of having choosen the right pairing, we've marked this also. Click on “EDC20/BTC” to go ahead.

{How to buy Coin on Binance 1|Binance How To Buy 1} EDC-20 (EDC20)
Step 4 – Acquisition of {EDC-20 (EDC20)|(EDC20) EDC-20}

As soon as you have found {EDC-20 (EDC20)|(EDC20) EDC-20}, you will be given a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). And now we're going to create our Limit Order.

The ”Price” field will be filled automatically with the most up-to-date valuation {EDC-20 (EDC20)|(EDC20) EDC-20} was traded for. This can be changed to your desired rate. The field with the “Amount” tag is the volumen of EDC20 you want to buy. The field with the “Total” tag is the whole price in BTC that you will settle for the complete volumen of EDC20.

If you're happy, make a mouse click on “Buy EDC20”. Your plan will be filled when a Vender trades their EDC20 for the price you offered.

Step 5 – Withdraw {EDC-20 (EDC20)|(EDC20) EDC-20}

Unless you're trading, you should never keepyour crypto on an Crypto Exchange for an longer time period. To withdraw your {EDC-20 (EDC20)|(EDC20) EDC-20}, hover over the tab called “Funds” and click on “Withdraw”. {EDC-20 (EDC20)|(EDC20) EDC-20} can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate {EDC-20 (EDC20)|(EDC20) EDC-20} by using the provided drop-down box. Put into the volumen of {EDC-20 (EDC20)|(EDC20) EDC-20} you'd wish to withdraw. Don't forget the shown fees/minimums. Also make sure you have entered your precise withdraw address.

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

Congrats! You have successfully bought and safed EDC-20 (EDC20) in Azerbaijan.

That's it!

Withdrawals from Exchange can take anywhere from 1 – 30 minutes (depending on usage of the network). Once you've confirmed your take off with or and the {EDC-20 (EDC20)|(EDC20) EDC-20} is stored inside your wallet, you're done.

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