How to Buy Geocoin (GEO) in Azerbaijan

A Step-by-Step-Guide on how to buy Geocoin (GEO) in Azerbaijan

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

In the beginning you'll need to purchase one of the major coins. Exchanges usually accept either Ethereum or Bitcoin in exchange for Altcoins. Click the button below for registration and getting your welcome $10.

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

Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Exchange now. Every exchange has a deposit form that is identical. Geocoin (GEO) is available 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 manual)

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

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

Step 3 – Find {Geocoin (GEO)|(GEO) Geocoin}

Once your deposit has been verified, you'll immediately have access to your finances and you can start invest and trading. To invest in {Geocoin (GEO)|(GEO) Geocoin} on Binance, you'll want to hover over the ”Exchange” tab and click on “Basic”.

In order to find {Geocoin (GEO)|(GEO) Geocoin}, you'll need to put the shortname of the coin (GEO) into the search box, which is marked in the image. Be certain of having selected the proper pairing, we've marked this too. Click on “GEO/BTC” to go ahead.

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

As soon as you have discovered {Geocoin (GEO)|(GEO) Geocoin}, you will be given a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). Next we are creating our own Limit Order.

The ”Price” field will be automatically filled with the recent price {Geocoin (GEO)|(GEO) Geocoin} was traded for. This can be changed to your favoured price. The ”Amount” field is the quantity of GEO you want to buy. The ”Total” field is the whole price in Bitcoin that you will settle for the complete quantity of GEO.

If you're satisfied, make a mouse click on “Buy GEO”. Your order will be filled when a Vendor trades their GEO for the price you introduced.

Step 5 – Withdraw {Geocoin (GEO)|(GEO) Geocoin}

Unless you're regularly trading, never keep your crypto coins on an Crypto Trader for an longer time period. To take off your {Geocoin (GEO)|(GEO) Geocoin}, go to the tab called “Funds” and click on “Withdraw”. {Geocoin (GEO)|(GEO) Geocoin} can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find {Geocoin (GEO)|(GEO) Geocoin} by using the provided drop-down box. Enter the quantity of {Geocoin (GEO)|(GEO) Geocoin} you would wish to take off. Take into account the demonstrated minimus/fees. Also make sure you have entered your right withdraw address.

If you're happy, make a mouse click on “Submit”. You may be requested for email/phone verification ahead of a withdrawal.

Kudos! You have successfully purchased and stored Geocoin (GEO) in Azerbaijan.

That's it!

Withdrawals from Exchange can durate anywhere from 1 – 30 minutes (depending on usage of the network). As soon as you've confirmed your take off with Ethplorer.io or Etherscan.io and the {Geocoin (GEO)|(GEO) Geocoin} is safe within your wallet, you are finished.

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