How to Buy Gemini Dollar (GUSD) in Azerbaijan

A Step-by-Step-Guide on how to buy Gemini Dollar (GUSD) in Azerbaijan

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

You will first need to buy one of the bigger coins. Exchanges normally accept either Ethereum or Bitcoin in exchange for Altcoins. Follow the Link below to register and getting your first $10.

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

Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. Gemini Dollar (GUSD) is obtainable on Binance, so we will use that as an illustration. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Follow this how-to)

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

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so forth. In the case you're using a decentralized exchange, like Airswap or DDEX could be different (Follow our manual).

Step 3 – Locate {Gemini Dollar (GUSD)|(GUSD) Gemini Dollar}

Once your deposit has been approved, you'll instantly have access to your funds and you can commence invest and trading. To invest in {Gemini Dollar (GUSD)|(GUSD) Gemini Dollar} on Binance, you'll want to hover over the ”Exchange” tab and then click on “Basic”.

In order to find {Gemini Dollar (GUSD)|(GUSD) Gemini Dollar}, you'll need to put the shortname of the coin (GUSD) into the search box, which is highlighted in the graphic. Be certain of having choosen the correct pairing, we have highlighted this too. Click on “GUSD/BTC” to progress.

{How to buy Coin on Binance 1|Binance How To Buy 1} Gemini Dollar (GUSD)
Step 4 – Acquisition of {Gemini Dollar (GUSD)|(GUSD) Gemini Dollar}

After you have found {Gemini Dollar (GUSD)|(GUSD) Gemini Dollar}, you will be presented with a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). Next we are creating our Limit Order.

The field with the “Price” tag will be automatically filled with the recent rate {Gemini Dollar (GUSD)|(GUSD) Gemini Dollar} was traded for. You can change this to your preferred price. The ”Amount” field is the quantity of GUSD you like to purchase. The field with the “Total” tag is the whole price in BTC that you'll pay for the complete quantity of GUSD.

When you are happy, click on “Buy GUSD”. Your plan will be filled as soon as a Seller trades their GUSD for the price you introduced.

Step 5 – Withdraw {Gemini Dollar (GUSD)|(GUSD) Gemini Dollar}

Unless you are trading, best advise is not to keep your crypto on an Crypto Exchange for an extensive time period. To withdraw your {Gemini Dollar (GUSD)|(GUSD) Gemini Dollar}, hover over the tab called “Funds” and click on “Withdraw”. {Gemini Dollar (GUSD)|(GUSD) Gemini Dollar} can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find {Gemini Dollar (GUSD)|(GUSD) Gemini Dollar} by using the provided drop-down box. Enter the volumen of {Gemini Dollar (GUSD)|(GUSD) Gemini Dollar} you would wish to withdraw. Don't forget the shown minimus/fees. Also make sure you have entered your precise withdraw address.

If you are happy, make a mouse click on “Submit”. You may be asked for verfication via phone/email ahead of a withdrawal.

Congratulations! You have successfully purchased and safed Gemini Dollar (GUSD) in Azerbaijan.

That's it!

Withdrawals from Crypto Trader can durate between 1 – 30 minutes (depending on network usage). Once you've confirmed your withdrawal with Ethplorer.io or Etherscan.io and the {Gemini Dollar (GUSD)|(GUSD) Gemini Dollar} is stored inside your wallet, you are done.

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