How to Buy MergeCoin (MGC) in Azerbaijan

A Step-by-Step-Guide on how to buy MergeCoin (MGC) in Azerbaijan

Step 1 – Join Coinbase – Get Free $10

You will first need to buy one of the major coins. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Follow the Link below to register and receive your first 10$.

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

Your Bitcoin or Ethereum will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is identical. MergeCoin (MGC) is available on Binance, so we're going to use that as an sample. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this how-to)

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

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etcetera. In the case you're using a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our how-to).

Step 3 – Find {MergeCoin (MGC)|(MGC) MergeCoin}

Once your deposit has been approved, you'll now have access to your finances and you can start buying and trading. To buy {MergeCoin (MGC)|(MGC) MergeCoin} on Binance, you'll want to hover over the ”Exchange” tab and after that click on “Basic”.

In order to find {MergeCoin (MGC)|(MGC) MergeCoin}, you'll need to put the short name of the asset (MGC) into the search-box, which is marked in the picture. Be certain of having choosen the right grouping, we've marked this too. Click on “MGC/BTC” to go ahead.

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

After you've located {MergeCoin (MGC)|(MGC) MergeCoin}, you'll be presented with a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). And now we're going to create our Limit Order.

The ”Price” field will be filled with the most latest valuation {MergeCoin (MGC)|(MGC) MergeCoin} was traded for. This can be changed to your desired rate. The field with the “Amount” tag is the volumen of MGC you like to purchase. The field with the “Total” tag is the aggregated price in Bitcoin that you will settle for the complete volumen of MGC.

When you're glad, make a mouse click on “Buy MGC”. Your order will be filled as soon as a Vendor trades their MGC for the price you submitted.

Step 5 – Withdraw {MergeCoin (MGC)|(MGC) MergeCoin}

Unless you're trading, never keep your crypto on an Cryptocurrency Exchange for an extended time frame. In order to withdraw your {MergeCoin (MGC)|(MGC) MergeCoin}, hover over the tab called “Funds” and mouse click on “Withdraw”. {MergeCoin (MGC)|(MGC) MergeCoin} can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find {MergeCoin (MGC)|(MGC) MergeCoin} by using the given drop-down box. Drop in the quantity of {MergeCoin (MGC)|(MGC) MergeCoin} you'd wish to withdraw. Don't forget the displayed minimus/fees. Also make sure you have filled your right withdraw address.

If you're glad, click on “Submit”. You may be asked for phone/email verification ahead of a take off.

Kudos! You've successfully bought and safed MergeCoin (MGC) in Azerbaijan.

That's it!

Take offs from Exchange can durate anywhere from 1 – 30 minutes (depending on network usage). As soon as you've confirmed your take off with Etherscan.io or Ethplorer.io and the {MergeCoin (MGC)|(MGC) MergeCoin} is stored in your wallet, you're all done.

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