How to Buy Lobstex (LOBS) in Azerbaijan

A Step-by-Step-Guide on how to buy Lobstex (LOBS) in Azerbaijan

Step 1 – Join Coinbase and get 10$ for free

In the beginning you'll need to purchase one of the major currencies. Exchanges commonly accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Follow the Link below for registration and to get your welcome 10$.

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

Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. Lobstex (LOBS) is obtainable on Binance, so we will use that as an sample. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this how-to)

Make sure you've chosen the exact coin you would like to deposit.

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etc. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our guide).

Step 3 – Locate {Lobstex (LOBS)|(LOBS) Lobstex}

Once your deposit has been confirmed, you'll directly have access to your assets and you can initiate purchasing and trading. To buy {Lobstex (LOBS)|(LOBS) Lobstex} on Binance, you'll want to hover over the ”Exchange” tab and after that click on “Basic”.

In order to discover {Lobstex (LOBS)|(LOBS) Lobstex}, you'll need to put the cointype (LOBS) into the search-box, which is highlighted in the picture. Be certain of having selected the proper grouping, we've highlighted this too. Click on “LOBS/BTC” to go ahead.

{How to buy Coin on Binance 1|Binance How To Buy 1} Lobstex (LOBS)
Step 4 – Acquisition of {Lobstex (LOBS)|(LOBS) Lobstex}

As soon as you have located {Lobstex (LOBS)|(LOBS) Lobstex}, you will be given a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). And now we are going to create our Limit Order.

The field with the “Price” tag will be filled automatically with the most up-to-date price {Lobstex (LOBS)|(LOBS) Lobstex} was sold for. This can be changed to your preferred price. The ”Amount” field is the volumen of LOBS you wish to buy. The field with the “Total” tag is the whole price in BTC that you will settle for the whole volumen of LOBS.

If you are happy, click on “Buy LOBS”. Your plan will be filled as soon as a Seller sells their LOBS for the price you offered.

Step 5 – Withdraw {Lobstex (LOBS)|(LOBS) Lobstex}

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

Find {Lobstex (LOBS)|(LOBS) Lobstex} by using the provided drop-down box. Put into the quantity of {Lobstex (LOBS)|(LOBS) Lobstex} you'd wish to take off. Don't forget the presented minimus/fees. Also make sure you have entered your correct withdraw address.

When you are happy, make a mouse click on “Submit”. You may be requested for verfication via phone/email before a take off.

Kudos! You've successfully bought and safed Lobstex (LOBS) in Azerbaijan.

That's it!

Take offs from Cryptocurrency Exchange can durate anywhere from 1 – 30 minutes (rely on usage of the network). Once you've confirmed your withdrawal with Etherscan.io or Ethplorer.io and the {Lobstex (LOBS)|(LOBS) Lobstex} is stored in your wallet, you are all done.

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