How to Buy Hive (HIVE) in Azerbaijan

A Step-by-Step-Guide on how to buy Hive (HIVE) in Azerbaijan

Step 1 – Join Coinbase and get 10$ for free

You will first need to buy one of the bigger currencies. Exchanges usually accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Click below to register and getting your first 10 Dollar.

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

Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. Hive (HIVE) is accessible on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this how-to)

Make sure you've 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 different (Just follow our how-to).

Step 3 – Locate {Hive (HIVE)|(HIVE) Hive}

Once your deposit has been verified, you will immediately have access to your funds and you can initiate invest and trading. To buy {Hive (HIVE)|(HIVE) Hive} on Binance, you will want to hover over the tab which is called “Exchange” and after that click on “Basic”.

To spot {Hive (HIVE)|(HIVE) Hive}, you will need to put the short name of the asset (HIVE) into the search box, which is marked in the picture. Make sure you have selected the right grouping, we've marked this also. Click on “HIVE/BTC” to continue.

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

Once you have discovered {Hive (HIVE)|(HIVE) Hive}, you will be given a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). And now we are making our Limit Order.

The ”Price” field will be automatically filled with the up-to-date price {Hive (HIVE)|(HIVE) Hive} was traded for. You can change this to your preferred rate. The ”Amount” field is the volumen of HIVE you want to buy. The ”Total” field is the total price in BTC that you'll pay for the whole volumen of HIVE.

When you're glad, click on “Buy HIVE”. Your order will be filled when a Vender sells their HIVE for the price you introduced.

Step 5 – Withdraw {Hive (HIVE)|(HIVE) Hive}

Unless you are regularly trading, best advise is not to keep your coins on an Crypto Trader for an extensive time period. In order to withdraw your {Hive (HIVE)|(HIVE) Hive}, hover over the tab called “Funds” and mouse click on “Withdraw”. {Hive (HIVE)|(HIVE) Hive} can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find {Hive (HIVE)|(HIVE) Hive} by using the provided drop-down box. Enter the amount of {Hive (HIVE)|(HIVE) Hive} you'd like to withdraw. Take into account the presented fees/minimums. Also make sure you have filled your right withdraw address.

When you are glad, click on “Submit”. You could be requested for verfication via email/phone before a withdrawal.

Kudos! You've successfully bought and safed Hive (HIVE) in Azerbaijan.

That's it!

Take offs from Crypto Trader can take anywhere from 1 – 30 minutes (depending on usage of the network). As soon as you've proved your take off with Etherscan.io or Ethplorer.io and the {Hive (HIVE)|(HIVE) Hive} is safe in your wallet, you are all done.

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