How to Buy Edenchain (EDN) in Azerbaijan

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

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

You will first need to purchase units of the major coins. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Click below to register and getting your first 10$.

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

Your Bitcoin or Ethereum will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is identical. Edenchain (EDN) is available on Binance, so we're going to use that as an example. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Follow this how-to)

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

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etc. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow these easy steps).

Step 3 – Find {Edenchain (EDN)|(EDN) Edenchain}

As soon as your deposit has been affirmed, you'll immediately have access to your finances and you can start buying and trading. To buy {Edenchain (EDN)|(EDN) Edenchain} on Binance, you'll want to hover over the tab which is called “Exchange” and mouse click on “Basic”.

In order to find {Edenchain (EDN)|(EDN) Edenchain}, you'll need to put the cointype (EDN) into the search-box, which is highlighted in the graphic. Make sure you have choosen the right grouping, we've highlighted this also. Click on “EDN/BTC” to continue.

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

After you've located {Edenchain (EDN)|(EDN) Edenchain}, you'll be presented with a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). Next we are creating our Limit Order.

The ”Price” field will be filled automatically with the most recent tariff {Edenchain (EDN)|(EDN) Edenchain} was traded for. This can be changed to your favoured price. The field with the “Amount” tag is the volumen of EDN you wish to buy. The field with the “Total” tag is the total price in Bitcoin that you will settle for the complete volumen of EDN.

When you are satisfied, make a mouse click on “Buy EDN”. Your plan will be filled as soon as a Vender trades their EDN for the price you gave.

Step 5 – Withdraw {Edenchain (EDN)|(EDN) Edenchain}

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

Find {Edenchain (EDN)|(EDN) Edenchain} by using the provided drop-down box. Drop in the quantity of {Edenchain (EDN)|(EDN) Edenchain} you'd like to take off. Take into account the demonstrated fees/minimums. Also make sure you have filled your correct withdraw address.

When you're glad, make a mouse click on “Submit”. You could be asked for email/phone verification ahead of a withdrawal.

Congratulations! You have successfully purchased and stored Edenchain (EDN) in Azerbaijan.

That's it!

Withdrawals from Cryptocurrency Exchange can take anywhere from 1 – 30 minutes (rely on usage of the network). Once you have proved your take off with Etherscan.io or Ethplorer.io and the {Edenchain (EDN)|(EDN) Edenchain} is safe inside your wallet, you're done.

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