How to Buy Maker (MKR) in Azerbaijan

A Step-by-Step-Guide on how to buy Maker (MKR) in Azerbaijan

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

In the beginning you'll need to purchase one of the major coins. Exchanges usually accept either Ethereum or Bitcoin in exchange for Altcoins. Click below to register and getting your welcome 10 Dollar.

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

Your Ethereum or Bitcoin has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. Maker (MKR) is available on Binance, so we're going to use that as an sample. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this manual)

Make sure you have chosen the precise coin you wish to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so on. If you're dealing with a decentralized exchange, like Airswap or DDEX could be different (Follow these easy steps).

Step 3 – Find {Maker (MKR)|(MKR) Maker}

As soon as your deposit has been approved, you will instantly have access to your funds and you can launch invest and trading. To purchase {Maker (MKR)|(MKR) Maker} on Binance, you will want to hover over the ”Exchange” tab and then click on “Basic”.

To discover {Maker (MKR)|(MKR) Maker}, you will need to put the short name of the asset (MKR) into the search box, which is marked in the image. Be certain of having choosen the correct grouping, we've marked this too. Click on “MKR/BTC” to proceed.

{How to buy Coin on Binance 1|Binance How To Buy 1} Maker (MKR)
Step 4 – Buying {Maker (MKR)|(MKR) Maker}

Once you've discovered {Maker (MKR)|(MKR) Maker}, you will be presented with a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). For now we're creating our own Limit Order.

The field with the “Price” tag will be filled automatically with the most up-to-date rate {Maker (MKR)|(MKR) Maker} was sold for. You can change this to your desired price. The ”Amount” field is the quantity of MKR you like to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you'll pay for the complete quantity of MKR.

If you are happy, make a mouse click on “Buy MKR”. Your plan will be filled when a Seller sells their MKR for the price you submitted.

Step 5 – Withdraw {Maker (MKR)|(MKR) Maker}

Unless you are frequently trading, best advise is not to keep crypto coins on an Exchange for an extensive time period. To withdraw your {Maker (MKR)|(MKR) Maker}, go to the ”Funds” tab and click on “Withdraw”. {Maker (MKR)|(MKR) Maker} can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate {Maker (MKR)|(MKR) Maker} by using the provided drop-down box. Enter the amount of {Maker (MKR)|(MKR) Maker} you'd like to withdraw. Don't forget the displayed fees/minimums. Also make sure you have filled your correct withdraw address.

When you are glad, click “Submit”. You could be requested for verfication via phone/email ahead of a take off.

Congratulations! You have successfully purchased and safed Maker (MKR) in Azerbaijan.

That's it!

Take offs from Crypto Trader can durate between 1 – 30 minutes (rely on usage of the network). Once you have confirmed your withdrawal with Etherscan.io or Ethplorer.io and the {Maker (MKR)|(MKR) Maker} is safe in your wallet, you are finished.

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