How to Buy FIO Protocol (FIO) in Azerbaijan

A Step-by-Step-Guide on how to buy FIO Protocol (FIO) in Azerbaijan

Step 1 – Join Coinbase – Get Free $10

You will first need to purchase one of the bigger coins. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Follow the Link below for registration and receive your first 10$.

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

Your Ethereum or Bitcoin has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. FIO Protocol (FIO) is accessible on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Follow this guide)

Make sure you've selected the correct coin you wish to deposit.

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etcetera. In the case you're working with a decentralized exchange, like Airswap or DDEX could be divergent (Follow our how-to).

Step 3 – Find {FIO Protocol (FIO)|(FIO) FIO Protocol}

Once your deposit has been approved, you will immediately have access to your funds and you can initiate buying and trading. To buy {FIO Protocol (FIO)|(FIO) FIO Protocol} on Binance, you will want to go to the ”Exchange” tab and then click on “Basic”.

In order to discover {FIO Protocol (FIO)|(FIO) FIO Protocol}, you will need to insert the short name of the asset (FIO) into the search box, which is marked in the image. Make sure you have choosen the proper pairing, we've marked this too. Click on “FIO/BTC” to continue.

{How to buy Coin on Binance 1|Binance How To Buy 1} FIO Protocol (FIO)
Step 4 – Buying {FIO Protocol (FIO)|(FIO) FIO Protocol}

After you have spotted {FIO Protocol (FIO)|(FIO) FIO Protocol}, you will be given a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). And now we're creating our Limit Order.

The field with the “Price” tag will be filled automatically with the latest valuation {FIO Protocol (FIO)|(FIO) FIO Protocol} was sold for. You can change this to your desired price. The field with the “Amount” tag is the quantity of FIO you like to purchase. The field with the “Total” tag is the total price in Bitcoin that you will settle for the whole quantity of FIO.

If you're glad, click on “Buy FIO”. Your plan will be filled as soon as a Vendor trades their FIO for the price you introduced.

Step 5 – Withdraw {FIO Protocol (FIO)|(FIO) FIO Protocol}

Unless you're regularly trading, best advise is not to keep crypto coins on an Exchange for an extended period of time. To take off your {FIO Protocol (FIO)|(FIO) FIO Protocol}, hover over the tab called “Funds” and click on “Withdraw”. {FIO Protocol (FIO)|(FIO) FIO Protocol} can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find {FIO Protocol (FIO)|(FIO) FIO Protocol} by using the provided drop-down box. Put into the volumen of {FIO Protocol (FIO)|(FIO) FIO Protocol} you'd like to take off. Take into account the shown fees/minimums. Also make sure you have entered your precise withdraw address.

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

Congratulations! You have successfully purchased and stored FIO Protocol (FIO) in Azerbaijan.

That's it!

Take offs from Crypto Exchange can take between 1 – 30 minutes (rely on usage of the network). Once you have confirmed your withdrawal with Ethplorer.io or Etherscan.io and the {FIO Protocol (FIO)|(FIO) FIO Protocol} is safe in your wallet, you're done.

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