How to Buy LIPCHAIN (LIPS) in Azerbaijan

A Step-by-Step-Guide on how to buy LIPCHAIN (LIPS) in Azerbaijan

Step 1 – Signup to Coinbase – Get Free $10

You'll first need to buy one of the bigger currencies. Exchanges commonly accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Follow the Link below to register and getting your first 10 Dollar.

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

Your Ethereum or Bitcoin has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is similar. LIPCHAIN (LIPS) is obtainable on Binance, so we're going to use that as an example. Unsure on how to send Coinbase funds to an Crypto Trader? (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, Ethereum to an Ethereum deposit address, and so on. In the case you are working with a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our guide).

Step 3 – Locate {LIPCHAIN (LIPS)|(LIPS) LIPCHAIN}

Once your deposit has been affirmed, you will instantly have access to your funds and you can begin purchasing and trading. To invest in {LIPCHAIN (LIPS)|(LIPS) LIPCHAIN} on Binance, you will want to go to the tab which is called “Exchange” and click on “Basic”.

In order to discover {LIPCHAIN (LIPS)|(LIPS) LIPCHAIN}, you will need to insert the short name of the asset (LIPS) into the search-box, which is highlighted in the image. Make sure you have choosen the proper pairing, we have highlighted this also. Click on “LIPS/BTC” to advance.

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

After you have found {LIPCHAIN (LIPS)|(LIPS) LIPCHAIN}, you'll be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). For now we are creating our own Limit Order.

The field with the “Price” tag will be filled automatically with the latest rate {LIPCHAIN (LIPS)|(LIPS) LIPCHAIN} was traded for. You can change this to your favoured rate. The ”Amount” field is the amount of LIPS you wish to buy. The ”Total” field is the whole price in BTC that you will pay for the whole amount of LIPS.

If you are satisfied, make a mouse click on “Buy LIPS”. Your plan will be filled as soon as a Vendor trades their LIPS for the price you introduced.

Step 5 – Withdraw {LIPCHAIN (LIPS)|(LIPS) LIPCHAIN}

Unless you are regularly trading, you should never keepyour crypto coins on an Cryptocurrency Exchange for an longer time period. To take off your {LIPCHAIN (LIPS)|(LIPS) LIPCHAIN}, hover over the tab called “Funds” and mouse click on “Withdraw”. {LIPCHAIN (LIPS)|(LIPS) LIPCHAIN} can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate {LIPCHAIN (LIPS)|(LIPS) LIPCHAIN} by using the given drop-down box. Enter the quantity of {LIPCHAIN (LIPS)|(LIPS) LIPCHAIN} you'd wish to take off. Take into account the shown minimus/fees. Also make sure you have filled your precise withdraw address.

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

Congratulations! You've successfully purchased and stored LIPCHAIN (LIPS) in Azerbaijan.

That's it!

Withdrawals from Crypto Exchange can take between 1 – 30 minutes (depending on network usage). Once you've confirmed your withdrawal with Etherscan.io or Ethplorer.io and the {LIPCHAIN (LIPS)|(LIPS) LIPCHAIN} is safe within your wallet, you are all done.

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