How to Buy Grin (GRIN) in Azerbaijan

A Step-by-Step-Guide on how to buy Grin (GRIN) in Azerbaijan

Step 1 – Join Coinbase and recieve 10$ for free

You will first need to buy one of the bigger currencies. Exchanges normally accept either Bitcoin or Ethereum in exchange for alternative Coins. Follow the Link below for registration and to get your first 10$.

Binance Signup
Step 2 – Send Your Ethereum (ETH) or Bitcoin (BTC) 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 alike. Grin (GRIN) is obtainable on Binance, so we will use that as an sample. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this manual)

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

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etc. In the case you're using a decentralized exchange, like Airswap or DDEX could be different (Follow our guide).

Step 3 – Locate {Grin (GRIN)|(GRIN) Grin}

As soon as your deposit has been confirmed, you will immediately have access to your assets and you can initiate purchasing and trading. To purchase {Grin (GRIN)|(GRIN) Grin} on Binance, you will want to hover over the tab which is called “Exchange” and after that mouse click on “Basic”.

To discover {Grin (GRIN)|(GRIN) Grin}, you will need to insert the cointype (GRIN) into the search-box, which is highlighted in the graphic. Be certain of having choosen the proper grouping, we've highlighted this also. Click on “GRIN/BTC” to progress.

{How to buy Coin on Binance 1|Binance How To Buy 1} Grin (GRIN)
Step 4 – Buy {Grin (GRIN)|(GRIN) Grin}

After you have discovered {Grin (GRIN)|(GRIN) Grin}, you'll be presented with a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). For now we're going to create our own Limit Order.

The field with the “Price” tag will be automatically filled with the most latest valuation {Grin (GRIN)|(GRIN) Grin} was sold for. This can be changed to your favoured rate. The ”Amount” field is the volumen of GRIN you want to buy. The ”Total” field is the aggregated price in BTC that you'll pay for the whole volumen of GRIN.

When you're satisfied, make a mouse click on “Buy GRIN”. Your order will be filled as soon as a Seller sells their GRIN for the price you offered.

Step 5 – Withdraw {Grin (GRIN)|(GRIN) Grin}

Unless you're frequently trading, never keep your coins on an Crypto Trader for an extended time frame. To withdraw your {Grin (GRIN)|(GRIN) Grin}, hover over the tab called “Funds” and click on “Withdraw”. {Grin (GRIN)|(GRIN) Grin} can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find {Grin (GRIN)|(GRIN) Grin} by using the given drop-down box. Enter the quantity of {Grin (GRIN)|(GRIN) Grin} you would like to withdraw. Take into account the shown minimus/fees. Also make sure you have filled your precise withdraw address.

When you're happy, make a mouse click on “Submit”. You could be asked for email/phone verification before a withdrawal.

Congratulations! You have successfully bought and stored Grin (GRIN) in Azerbaijan.

That's it!

Withdrawals from Exchange can take between 1 – 30 minutes (rely on network usage). Once you've proved your withdrawal using Ethplorer.io or Etherscan.io and the {Grin (GRIN)|(GRIN) Grin} is stored in your wallet, you are all done.

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