How to Buy LKR Coin (LKR) in Azerbaijan

A Step-by-Step-Guide on how to buy LKR Coin (LKR) in Azerbaijan

Step 1 – Join Coinbase – Get Free $10

You will first need to buy units of the major currencies. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Follow the Link below for registration and getting your welcome $10.

Binance Signup
Step 2 – Transmit Your BTC (Bitcoin) or ETH (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 identical. LKR Coin (LKR) is accessible 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've selected the exact coin you want to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etc. In the case you're working with a decentralized exchange, like Airswap or DDEX could be unlike (Follow our how-to).

Step 3 – Locate {LKR Coin (LKR)|(LKR) LKR Coin}

Once your deposit has been confirmed, you'll directly have access to your assets and you can initiate purchasing and trading. To invest in {LKR Coin (LKR)|(LKR) LKR Coin} on Binance, you'll want to go to the ”Exchange” tab and mouse click on “Basic”.

To spot {LKR Coin (LKR)|(LKR) LKR Coin}, you'll need to insert the short name of the asset (LKR) into the search box, which is marked in the picture. Be certain of having choosen the correct pairing, we have marked this too. Click on “LKR/BTC” to go on.

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

As soon as you've spotted {LKR Coin (LKR)|(LKR) LKR Coin}, you will be presented with a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). Next we are going to create our own Limit Order.

The ”Price” field will be filled automatically with the recent rate {LKR Coin (LKR)|(LKR) LKR Coin} was sold for. You can change this to your preferred price. The ”Amount” field is the amount of LKR you want to buy. The ”Total” field is the aggregated price in BTC that you will settle for the complete amount of LKR.

When you're happy, click on “Buy LKR”. Your order will be filled when a Seller trades their LKR for the price you offered.

Step 5 – Withdraw {LKR Coin (LKR)|(LKR) LKR Coin}

Unless you're trading, best advise is not to keep crypto on an Crypto Trader for an longer time period. To withdraw your {LKR Coin (LKR)|(LKR) LKR Coin}, go to the tab called “Funds” and mouse click on “Withdraw”. {LKR Coin (LKR)|(LKR) LKR Coin} can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate {LKR Coin (LKR)|(LKR) LKR Coin} by using the provided drop-down box. Put into the amount of {LKR Coin (LKR)|(LKR) LKR Coin} you would like to withdraw. Don't forget the shown fees/minimums. Also make sure you have filled your correct withdraw address.

When you're glad, click on “Submit”. You may be requested for verfication via phone/email before a take off.

Kudos! You have successfully purchased and safed LKR Coin (LKR) in Azerbaijan.

That's it!

Withdrawals from Cryptocurrency Exchange can take anywhere from 1 – 30 minutes (rely on network usage). As soon as you've proved your withdrawal using Etherscan.io or Ethplorer.io and the {LKR Coin (LKR)|(LKR) LKR Coin} is stored in your wallet, you are finished.

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