How to Buy Komodo (KMD) in Azerbaijan

A Step-by-Step-Guide on how to buy Komodo (KMD) in Azerbaijan

Step 1 – Signup to Coinbase and recieve 10$ for free

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

Binance Signup
Step 2 – Transmit Your Bitcoin or Ethereum to an Exchange

Your Bitcoin or Ethereum has to be sent over to an Exchange now. All exchanges have a deposit form that is alike. Komodo (KMD) is obtainable on Binance, so we're going to use that as an illustration. Unsure on how to send Coinbase funds to an Exchange? (Follow this guide)

Make sure you have chosen the exact coin you want to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so forth. If you are working with a decentralized exchange, like Airswap or DDEX could be divergent (Follow our manual).

Step 3 – Find {Komodo (KMD)|(KMD) Komodo}

Once your deposit has been confirmed, you will directly have access to your assets and you can initiate buying and trading. To invest in {Komodo (KMD)|(KMD) Komodo} on Binance, you will want to hover over the ”Exchange” tab and after that click on “Basic”.

In order to spot {Komodo (KMD)|(KMD) Komodo}, you will need to put the shortname of the coin (KMD) into the search-box, which is highlighted in the image. Be certain of having selected the correct grouping, we have highlighted this also. Click on “KMD/BTC” to advance.

{How to buy Coin on Binance 1|Binance How To Buy 1} Komodo (KMD)
Step 4 – Purchasing {Komodo (KMD)|(KMD) Komodo}

After you have located {Komodo (KMD)|(KMD) Komodo}, you will be given a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). For now we're creating our Limit Order.

The ”Price” field will be automatically filled with the latest price {Komodo (KMD)|(KMD) Komodo} was sold for. You can change this to your desired rate. The ”Amount” field is the quantity of KMD you like to buy. The ”Total” field is the whole price in BTC that you'll pay for the whole quantity of KMD.

If you are satisfied, make a mouse click on “Buy KMD”. Your order will be filled as soon as a Seller sells their KMD for the price you gave.

Step 5 – Withdraw {Komodo (KMD)|(KMD) Komodo}

Unless you are frequently trading, never keep your coins on an Crypto Exchange for an extensive time frame. To withdraw your {Komodo (KMD)|(KMD) Komodo}, go to the tab called “Funds” and mouse click on “Withdraw”. {Komodo (KMD)|(KMD) Komodo} can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find {Komodo (KMD)|(KMD) Komodo} by using the given drop-down box. Enter the quantity of {Komodo (KMD)|(KMD) Komodo} you'd wish to withdraw. Don't forget the demonstrated minimus/fees. Also make sure you have entered your right withdraw address.

When you are satisfied, make a mouse click on “Submit”. You may be asked for verfication via phone/email before a withdrawal.

Kudos! You have successfully bought and stored Komodo (KMD) in Azerbaijan.

That's it!

Withdrawals from Crypto Trader can take between 1 – 30 minutes (rely on network usage). Once you have proved your take off using Ethplorer.io or Etherscan.io and the {Komodo (KMD)|(KMD) Komodo} is safe in your wallet, you are all done.

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