How to Buy Synthetix Network Token (SNX) in Azerbaijan

A Step-by-Step-Guide on how to buy Synthetix Network Token (SNX) in Azerbaijan

Step 1 – Signup to Coinbase – Get Free $10

In the beginning you'll need to purchase one of the bigger currencies. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Click the button below to register and receive your welcome $10.

Binance Signup
Step 2 – Send Your Bitcoin or Ethereum to an Crypto Trader

Your Bitcoin or Ethereum has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is identical. Synthetix Network Token (SNX) is accessible on Binance, so we're going to use that as an sample. Unsure on how to send funds from Coinbase to an Crypto Trader? (Follow this guide)

Make sure you have chosen the precise coin you would like to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etcetera. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be different (Follow our guide).

Step 3 – Locate {Synthetix Network Token (SNX)|(SNX) Synthetix Network Token}

As soon as your deposit has been affirmed, you will instantly have access to your funds and you can commence buying and trading. To purchase {Synthetix Network Token (SNX)|(SNX) Synthetix Network Token} on Binance, you will want to hover over the ”Exchange” tab and after that mouse click on “Basic”.

In order to locate {Synthetix Network Token (SNX)|(SNX) Synthetix Network Token}, you will need to put the shortname of the coin (SNX) into the search-box, which is marked in the image. Be certain of having choosen the right grouping, we have marked this too. Click on “SNX/BTC” to proceed.

{How to buy Coin on Binance 1|Binance How To Buy 1} Synthetix Network Token (SNX)
Step 4 – Buying {Synthetix Network Token (SNX)|(SNX) Synthetix Network Token}

After you have spotted {Synthetix Network Token (SNX)|(SNX) Synthetix Network Token}, you'll be presented with a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). Next we're going to make our own Limit Order.

The field with the “Price” tag will be filled with the latest price {Synthetix Network Token (SNX)|(SNX) Synthetix Network Token} was sold for. This can be changed to your favoured rate. The ”Amount” field is the volumen of SNX you want to purchase. The ”Total” field is the total price in Bitcoin that you will pay for the complete volumen of SNX.

When you're satisfied, click on “Buy SNX”. Your order will be filled when a Seller sells their SNX for the price you gave.

Step 5 – Withdraw {Synthetix Network Token (SNX)|(SNX) Synthetix Network Token}

Unless you are frequently trading, never keep your crypto coins on an Cryptocurrency Exchange for an extensive time period. To withdraw your {Synthetix Network Token (SNX)|(SNX) Synthetix Network Token}, go to the ”Funds” tab and click on “Withdraw”. {Synthetix Network Token (SNX)|(SNX) Synthetix Network Token} can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find {Synthetix Network Token (SNX)|(SNX) Synthetix Network Token} by using the provided drop-down box. Enter the volumen of {Synthetix Network Token (SNX)|(SNX) Synthetix Network Token} you'd wish to withdraw. Don't forget the shown minimus/fees. Also make sure you have entered your right withdraw address.

If you are satisfied, click on “Submit”. You may be asked for email/phone verification ahead of a take off.

Kudos! You've successfully purchased and safed Synthetix Network Token (SNX) in Azerbaijan.

That's it!

Take offs from Crypto Trader can take between 1 – 30 minutes (rely on usage of the network). As soon as you've confirmed your take off using Etherscan.io or Ethplorer.io and the {Synthetix Network Token (SNX)|(SNX) Synthetix Network Token} is stored in your wallet, you're all done.

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