How to Buy Filecoin (FIL) in Azerbaijan

A Step-by-Step-Guide on how to buy Filecoin (FIL) in Azerbaijan

Step 1 – Signup to Coinbase – Get Free $10

In the beginning you'll need to buy units of the top-tier coins. Exchanges normally accept either Ethereum or Bitcoin in exchange for Altcoins. Follow the Link below to register and to get your first 10 Dollar.

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

Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Exchange now. All exchanges have a deposit form that is alike. Filecoin (FIL) is obtainable on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Exchange? (Follow this guide)

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

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so on. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Follow our how-to).

Step 3 – Find {Filecoin (FIL)|(FIL) Filecoin}

Once your deposit has been confirmed, you will immediately have access to your assets and you can initiate buying and trading. To invest in {Filecoin (FIL)|(FIL) Filecoin} on Binance, you will want to go to the ”Exchange” tab and after that click on “Basic”.

To discover {Filecoin (FIL)|(FIL) Filecoin}, you will need to put the shortname of the coin (FIL) into the search-box, which is marked in the image. Make sure you have selected the proper pairing, we've marked this also. Click on “FIL/BTC” to progress.

{How to buy Coin on Binance 1|Binance How To Buy 1} Filecoin (FIL)
Step 4 – Acquisition of {Filecoin (FIL)|(FIL) Filecoin}

After you have found {Filecoin (FIL)|(FIL) Filecoin}, you'll be presented with a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the image). Next we're going to create our Limit Order.

The ”Price” field will be filled with the most recent price {Filecoin (FIL)|(FIL) Filecoin} was traded for. You can change this to your preferred price. The field with the “Amount” tag is the amount of FIL you like to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you will pay for the complete amount of FIL.

When you are happy, make a mouse click on “Buy FIL”. Your order will be filled when a Vender sells their FIL for the price you gave.

Step 5 – Withdraw {Filecoin (FIL)|(FIL) Filecoin}

Unless you're regularly trading, best advise is not to keep coins on an Crypto Trader for an longer time period. To withdraw your {Filecoin (FIL)|(FIL) Filecoin}, hover over the ”Funds” tab and click on “Withdraw”. {Filecoin (FIL)|(FIL) Filecoin} can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find {Filecoin (FIL)|(FIL) Filecoin} by using the provided drop-down box. Enter the quantity of {Filecoin (FIL)|(FIL) Filecoin} you'd wish to withdraw. Take into account the demonstrated minimus/fees. Also make sure you have entered your precise withdraw address.

When you're satisfied, click on “Submit”. You may be requested for verfication via phone/email before a take off.

Kudos! You have successfully bought and safed Filecoin (FIL) in Azerbaijan.

That's it!

Take offs from Cryptocurrency Exchange can durate between 1 – 30 minutes (rely on usage of the network). As soon as you have proved your take off with Ethplorer.io or Etherscan.io and the {Filecoin (FIL)|(FIL) Filecoin} is safe within your wallet, you're finished.

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