How to Buy LUXCoin (LUX) in Azerbaijan

A Step-by-Step-Guide on how to buy LUXCoin (LUX) in Azerbaijan

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

You'll first need to buy one of the top-tier currencies. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Click below to register and getting your first $10.

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

Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is identical. LUXCoin (LUX) is accessible on Binance, so we will use that as an sample. Unsure on how to send Coinbase funds to an Crypto Exchange? (Just follow this manual)

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

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, et cetera. If you're working with a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our guide).

Step 3 – Find {LUXCoin (LUX)|(LUX) LUXCoin}

As soon as your deposit has been confirmed, you will directly have access to your funds and you can initiate purchasing and trading. To buy {LUXCoin (LUX)|(LUX) LUXCoin} on Binance, you will want to hover over the ”Exchange” tab and after that click on “Basic”.

In order to discover {LUXCoin (LUX)|(LUX) LUXCoin}, you will need to insert the shortname of the coin (LUX) into the search-box, which is marked in the graphic. Be certain of having selected the proper pairing, we've marked this too. Click on “LUX/BTC” to advance.

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

Once you've found {LUXCoin (LUX)|(LUX) LUXCoin}, you'll be presented with a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). For now we're going to make our Limit Order.

The ”Price” field will be filled automatically with the most up-to-date rate {LUXCoin (LUX)|(LUX) LUXCoin} was traded for. This can be changed to your preferred rate. The ”Amount” field is the volumen of LUX you like to purchase. The ”Total” field is the whole price in BTC that you will settle for the complete volumen of LUX.

When you are happy, make a mouse click on “Buy LUX”. Your order will be filled when a Seller trades their LUX for the price you introduced.

Step 5 – Withdraw {LUXCoin (LUX)|(LUX) LUXCoin}

Unless you're trading, you should never keepyour crypto on an Crypto Exchange for an longer time period. In order to withdraw your {LUXCoin (LUX)|(LUX) LUXCoin}, go to the ”Funds” tab and click on “Withdraw”. {LUXCoin (LUX)|(LUX) LUXCoin} can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find {LUXCoin (LUX)|(LUX) LUXCoin} by using the provided drop-down box. Enter the quantity of {LUXCoin (LUX)|(LUX) LUXCoin} you would wish to withdraw. Take into account the presented minimus/fees. Also make sure you have filled your right withdraw address.

If you're satisfied, click on “Submit”. You could be asked for email/phone verification before a take off.

Congratulations! You've successfully purchased and safed LUXCoin (LUX) in Azerbaijan.

That's it!

Withdrawals from Crypto Exchange can take between 1 – 30 minutes (depending on network usage). As soon as you have confirmed your take off with Ethplorer.io or Etherscan.io and the {LUXCoin (LUX)|(LUX) LUXCoin} is safe inside your wallet, you're all done.

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