How to Buy iBTC (IBTC) in Azerbaijan

A Step-by-Step-Guide on how to buy iBTC (IBTC) in Azerbaijan

Step 1 – Join Coinbase and get 10$ for free

In the beginning you'll need to buy units of the top-tier currencies. Exchanges commonly accept either Bitcoin or Ethereum in exchange for alternative Coins. Click the button below for registration and getting your first 10 Dollar.

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

Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. iBTC (IBTC) is available on Binance, so we will use that as an sample. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this manual)

Make sure you have selected the precise coin you wish to deposit.

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etc. If you're dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our manual).

Step 3 – Locate {iBTC (IBTC)|(IBTC) iBTC}

Once your deposit has been confirmed, you will directly have access to your assets and you can begin purchasing and trading. To invest in {iBTC (IBTC)|(IBTC) iBTC} on Binance, you will want to go to the tab which is called “Exchange” and after that click on “Basic”.

To discover {iBTC (IBTC)|(IBTC) iBTC}, you will need to put the cointype (IBTC) into the search-box, which is marked in the image. Make sure you have choosen the right pairing, we have marked this too. Click on “IBTC/BTC” to go ahead.

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

Once you have discovered {iBTC (IBTC)|(IBTC) iBTC}, you will be presented with a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). For now we are making our own Limit Order.

The field with the “Price” tag will be automatically filled with the most latest price {iBTC (IBTC)|(IBTC) iBTC} was sold for. You can change this to your favoured price. The field with the “Amount” tag is the volumen of IBTC you want to buy. The ”Total” field is the whole price in Bitcoin that you will settle for the complete volumen of IBTC.

If you are satisfied, click on “Buy IBTC”. Your order will be filled when a Seller sells their IBTC for the price you gave.

Step 5 – Withdraw {iBTC (IBTC)|(IBTC) iBTC}

Unless you're regularly trading, never keep your coins on an Crypto Trader for an extensive time period. To withdraw your {iBTC (IBTC)|(IBTC) iBTC}, go to the tab called “Funds” and click on “Withdraw”. {iBTC (IBTC)|(IBTC) iBTC} can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find {iBTC (IBTC)|(IBTC) iBTC} by using the given drop-down box. Enter the quantity of {iBTC (IBTC)|(IBTC) iBTC} you'd wish to withdraw. Take into account the shown minimus/fees. Also make sure you have entered your precise withdraw address.

If you're satisfied, make a mouse click on “Submit”. You could be requested for phone/email verification ahead of a take off.

Kudos! You have successfully purchased and stored iBTC (IBTC) in Azerbaijan.

That's it!

Take offs from Cryptocurrency Exchange can durate anywhere from 1 – 30 minutes (rely on usage of the network). As soon as you have confirmed your withdrawal with Etherscan.io or Ethplorer.io and the {iBTC (IBTC)|(IBTC) iBTC} is safe in your wallet, you are all done.

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