How to Buy Ethereum Lite (ELITE) in Azerbaijan

A Step-by-Step-Guide on how to buy Ethereum Lite (ELITE) in Azerbaijan

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

You'll first need to purchase units of the major currencies. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Follow the Link below for registration and to get your first 10$.

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

Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. Ethereum Lite (ELITE) is obtainable on Binance, so we're going to use that as an sample. Not sure on how to send funds from Coinbase to an Crypto Trader? (Follow this guide)

Make sure you have selected 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 working with a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our how-to).

Step 3 – Locate {Ethereum Lite (ELITE)|(ELITE) Ethereum Lite}

Once your deposit has been affirmed, you'll instantly have access to your finances and you can launch buying and trading. To purchase {Ethereum Lite (ELITE)|(ELITE) Ethereum Lite} on Binance, you'll want to hover over the tab which is called “Exchange” and then click on “Basic”.

To locate {Ethereum Lite (ELITE)|(ELITE) Ethereum Lite}, you'll need to insert the shortname of the coin (ELITE) into the search-box, which is highlighted in the picture. Be certain of having selected the right grouping, we have highlighted this too. Click on “ELITE/BTC” to go on.

{How to buy Coin on Binance 1|Binance How To Buy 1} Ethereum Lite (ELITE)
Step 4 – Buying {Ethereum Lite (ELITE)|(ELITE) Ethereum Lite}

After you've spotted {Ethereum Lite (ELITE)|(ELITE) Ethereum Lite}, you will be given a Price Chart (in the Center of the image) and some Order Books (on the Left of the image). Next we're going to make our Limit Order.

The ”Price” field will be filled with the most recent price {Ethereum Lite (ELITE)|(ELITE) Ethereum Lite} was traded for. This can be changed to your preferred price. The ”Amount” field is the quantity of ELITE you want to purchase. The ”Total” field is the aggregated price in BTC that you will pay for the complete quantity of ELITE.

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

Step 5 – Withdraw {Ethereum Lite (ELITE)|(ELITE) Ethereum Lite}

Unless you are regularly trading, best advise is not to keep your crypto on an Crypto Trader for an longer time frame. In order to take off your {Ethereum Lite (ELITE)|(ELITE) Ethereum Lite}, hover over the tab called “Funds” and click on “Withdraw”. {Ethereum Lite (ELITE)|(ELITE) Ethereum Lite} can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate {Ethereum Lite (ELITE)|(ELITE) Ethereum Lite} by using the provided drop-down box. Drop in the amount of {Ethereum Lite (ELITE)|(ELITE) Ethereum Lite} you'd wish to take off. Take into account the presented fees/minimums. Also make sure you have filled your correct withdraw address.

When you are happy, make a mouse click on “Submit”. You may be asked for phone/email verification ahead of a take off.

Congratulations! You have successfully bought and stored Ethereum Lite (ELITE) in Azerbaijan.

That's it!

Take offs from Crypto Trader can durate anywhere from 1 – 30 minutes (depending on usage of the network). Once you have proved your withdrawal with Etherscan.io or Ethplorer.io and the {Ethereum Lite (ELITE)|(ELITE) Ethereum Lite} is stored within your wallet, you're done.

And some more interesting Altcoins:

How to buy IdeaChain (ICH) in Australia
How to buy Green World Project (GWP) in Anguilla
How to buy CNNS (CNNS) in Argentina