How to Buy Electronic Gulden (EFL) in Azerbaijan

A Step-by-Step-Guide on how to buy Electronic Gulden (EFL) in Azerbaijan

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

You will first need to purchase units of the bigger coins. Exchanges usually accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Click below for registration and getting your first 10$.

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

Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is identical. Electronic Gulden (EFL) is obtainable on Binance, so we will use that as an illustration. Unsure on how to send Coinbase funds to an Crypto Trader? (Just follow these easy steps)

Make sure you have selected the correct coin you wish to deposit.

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so forth. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow these easy steps).

Step 3 – Locate {Electronic Gulden (EFL)|(EFL) Electronic Gulden}

As soon as your deposit has been confirmed, you'll now have access to your funds and you can initiate purchasing and trading. To invest in {Electronic Gulden (EFL)|(EFL) Electronic Gulden} on Binance, you'll want to hover over the ”Exchange” tab and then mouse click on “Basic”.

In order to find {Electronic Gulden (EFL)|(EFL) Electronic Gulden}, you'll need to put the short name of the asset (EFL) into the search box, which is highlighted in the image. Make sure you have choosen the proper grouping, we've highlighted this too. Click on “EFL/BTC” to go on.

{How to buy Coin on Binance 1|Binance How To Buy 1} Electronic Gulden (EFL)
Step 4 – Purchasing {Electronic Gulden (EFL)|(EFL) Electronic Gulden}

As soon as you've discovered {Electronic Gulden (EFL)|(EFL) Electronic Gulden}, you will be given a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). For now we're going to create our Limit Order.

The field with the “Price” tag will be filled with the up-to-date valuation {Electronic Gulden (EFL)|(EFL) Electronic Gulden} was traded for. You can change this to your preferred price. The field with the “Amount” tag is the amount of EFL you like to buy. The field with the “Total” tag is the whole price in Bitcoin that you'll pay for the complete amount of EFL.

When you are satisfied, click on “Buy EFL”. Your order will be filled when a Seller sells their EFL for the price you gave.

Step 5 – Withdraw {Electronic Gulden (EFL)|(EFL) Electronic Gulden}

Unless you are trading, best advise is not to keep your crypto on an Cryptocurrency Exchange for an longer time period. In order to take off your {Electronic Gulden (EFL)|(EFL) Electronic Gulden}, hover over the ”Funds” tab and click on “Withdraw”. {Electronic Gulden (EFL)|(EFL) Electronic Gulden} can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find {Electronic Gulden (EFL)|(EFL) Electronic Gulden} by using the given drop-down box. Drop in the amount of {Electronic Gulden (EFL)|(EFL) Electronic Gulden} you would like to take off. Don't forget the displayed fees/minimums. Also make sure you have filled your right withdraw address.

If you are happy, click on “Submit”. You may be requested for phone/email verification before a withdrawal.

Congratulations! You have successfully purchased and safed Electronic Gulden (EFL) in Azerbaijan.

That's it!

Withdrawals from Crypto Trader can durate anywhere from 1 – 30 minutes (rely on network usage). As soon as you have proved your withdrawal with Etherscan.io or Ethplorer.io and the {Electronic Gulden (EFL)|(EFL) Electronic Gulden} is stored inside your wallet, you're all done.

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