How to Buy Genesis Network (GENX) in Azerbaijan

A Step-by-Step-Guide on how to buy Genesis Network (GENX) in Azerbaijan

Step 1 – Join Coinbase and recieve 10$ for free

You will first need to buy one of the top-tier currencies. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Click below for registration and receive your welcome 10$.

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

Your Bitcoin or Ethereum will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is similar. Genesis Network (GENX) is available on Binance, so we will use that as an illustration. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow these easy steps)

Make sure you have chosen the right coin you want to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etc. If you are using a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our how-to).

Step 3 – Locate {Genesis Network (GENX)|(GENX) Genesis Network}

Once your deposit has been approved, you will instantly have access to your assets and you can initiate invest and trading. To invest in {Genesis Network (GENX)|(GENX) Genesis Network} on Binance, you will want to go to the tab which is called “Exchange” and click on “Basic”.

In order to locate {Genesis Network (GENX)|(GENX) Genesis Network}, you will need to put the short name of the asset (GENX) into the search-box, which is highlighted in the graphic. Make sure you have choosen the proper grouping, we've highlighted this too. Click on “GENX/BTC” to continue.

{How to buy Coin on Binance 1|Binance How To Buy 1} Genesis Network (GENX)
Step 4 – Buy {Genesis Network (GENX)|(GENX) Genesis Network}

After you've discovered {Genesis Network (GENX)|(GENX) Genesis Network}, you will be presented with a Price Chart (in the Center of the picture) and some Order Books (on the Left of the picture). Next we are creating our Limit Order.

The ”Price” field will be automatically filled with the latest tariff {Genesis Network (GENX)|(GENX) Genesis Network} was sold for. You can change this to your favoured rate. The field with the “Amount” tag is the quantity of GENX you like to purchase. The ”Total” field is the aggregated price in BTC that you'll pay for the whole quantity of GENX.

If you are satisfied, make a mouse click on “Buy GENX”. Your plan will be filled as soon as a Vender trades their GENX for the price you submitted.

Step 5 – Withdraw {Genesis Network (GENX)|(GENX) Genesis Network}

Unless you are trading, best advise is not to keep your crypto on an Exchange for an longer time frame. In order to take off your {Genesis Network (GENX)|(GENX) Genesis Network}, hover over the ”Funds” tab and mouse click on “Withdraw”. {Genesis Network (GENX)|(GENX) Genesis Network} can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find {Genesis Network (GENX)|(GENX) Genesis Network} by using the given drop-down box. Put into the quantity of {Genesis Network (GENX)|(GENX) Genesis Network} you'd like to take off. Don't forget the displayed minimus/fees. Also make sure you have filled your correct withdraw address.

When you are satisfied, click on “Submit”. You may be asked for verfication via email/phone before a withdrawal.

Congratulations! You have successfully bought and safed Genesis Network (GENX) in Azerbaijan.

That's it!

Withdrawals from Cryptocurrency Exchange can take between 1 – 30 minutes (rely on usage of the network). As soon as you have confirmed your withdrawal using Etherscan.io or Ethplorer.io and the {Genesis Network (GENX)|(GENX) Genesis Network} is safe inside your wallet, you're all done.

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