How to Buy Injective Protocol (INJ) in Armenia

A Step-by-Step-Guide on how to buy Injective Protocol (INJ) in Armenia

Step 1 – Join Coinmama

You will first need to purchase units of the top-tier coins. Exchanges commonly accept either Bitcoin or Ethereum in exchange for Altcoins. Follow the Link below for registration and to get your Bitcoin or Ethereum.

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

Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. Injective Protocol (INJ) is available on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Crypto Trader? (Just follow this guide)

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

Bitcoin must be sent to a Bitcoin 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 opposed (Just follow our how-to).

Step 3 – Locate {Injective Protocol (INJ)|(INJ) Injective Protocol}

Once your deposit has been approved, you will instantly have access to your finances and you can begin purchasing and trading. To invest in {Injective Protocol (INJ)|(INJ) Injective Protocol} on Binance, you will want to hover over the tab which is called “Exchange” and click on “Basic”.

In order to find {Injective Protocol (INJ)|(INJ) Injective Protocol}, you will need to put the shortname of the coin (INJ) into the search-box, which is highlighted in the graphic. Make sure you have choosen the right pairing, we've highlighted this also. Click on “INJ/BTC” to proceed.

{How to buy Coin on Binance 1|Binance How To Buy 1} Injective Protocol (INJ)
Step 4 – Purchase {Injective Protocol (INJ)|(INJ) Injective Protocol}

As soon as you've discovered {Injective Protocol (INJ)|(INJ) Injective Protocol}, you will be given a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the image). For now we are going to create our Limit Order.

The ”Price” field will be filled with the up-to-date price {Injective Protocol (INJ)|(INJ) Injective Protocol} was sold for. This can be changed to your favoured price. The field with the “Amount” tag is the quantity of INJ you like to buy. The field with the “Total” tag is the total price in BTC that you'll pay for the whole quantity of INJ.

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

Step 5 – Withdraw {Injective Protocol (INJ)|(INJ) Injective Protocol}

Unless you are frequently trading, you should never keepyour crypto on an Crypto Exchange for an longer time period. In order to take off your {Injective Protocol (INJ)|(INJ) Injective Protocol}, go to the ”Funds” tab and mouse click on “Withdraw”. {Injective Protocol (INJ)|(INJ) Injective Protocol} can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate {Injective Protocol (INJ)|(INJ) Injective Protocol} by using the given drop-down box. Drop in the quantity of {Injective Protocol (INJ)|(INJ) Injective Protocol} you would wish to take off. Take into account the presented fees/minimums. Also make sure you have filled your correct withdraw address.

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

Congrats! You have successfully bought and stored Injective Protocol (INJ) in Armenia.

That's it!

Take offs from Exchange can take 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 {Injective Protocol (INJ)|(INJ) Injective Protocol} is safe in your wallet, you are finished.

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