How to Buy Meritcoins (MRC) in Azerbaijan

A Step-by-Step-Guide on how to buy Meritcoins (MRC) in Azerbaijan

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

In the beginning you'll need to purchase one of the top-tier coins. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Click the button below to register and getting your first 10 Dollar.

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

Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is alike. Meritcoins (MRC) is accessible on Binance, so we're going to use that as an illustration. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow these easy steps)

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

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, et cetera. In the case you are using a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our how-to).

Step 3 – Find {Meritcoins (MRC)|(MRC) Meritcoins}

As soon as your deposit has been affirmed, you'll directly have access to your assets and you can begin purchasing and trading. To purchase {Meritcoins (MRC)|(MRC) Meritcoins} on Binance, you'll want to hover over the ”Exchange” tab and then mouse click on “Basic”.

To spot {Meritcoins (MRC)|(MRC) Meritcoins}, you'll need to put the short name of the asset (MRC) into the search-box, which is marked in the graphic. Make sure you have selected the correct pairing, we've marked this too. Click on “MRC/BTC” to advance.

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

After you have located {Meritcoins (MRC)|(MRC) Meritcoins}, you will be given a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). Next we are going to make our Limit Order.

The ”Price” field will be filled with the recent valuation {Meritcoins (MRC)|(MRC) Meritcoins} was traded for. You can change this to your favoured rate. The ”Amount” field is the amount of MRC you like to purchase. The ”Total” field is the total price in BTC that you'll pay for the complete amount of MRC.

When you are satisfied, click on “Buy MRC”. Your plan will be filled as soon as a Seller sells their MRC for the price you introduced.

Step 5 – Withdraw {Meritcoins (MRC)|(MRC) Meritcoins}

Unless you are trading, never keep your crypto coins on an Crypto Exchange for an extended time period. In order to withdraw your {Meritcoins (MRC)|(MRC) Meritcoins}, go to the ”Funds” tab and mouse click on “Withdraw”. {Meritcoins (MRC)|(MRC) Meritcoins} can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate {Meritcoins (MRC)|(MRC) Meritcoins} by using the provided drop-down box. Enter the amount of {Meritcoins (MRC)|(MRC) Meritcoins} you'd wish to withdraw. Take into account the presented fees/minimums. Also make sure you have filled your right withdraw address.

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

Kudos! You have successfully bought and stored Meritcoins (MRC) in Azerbaijan.

That's it!

Withdrawals from Cryptocurrency Exchange can take between 1 – 30 minutes (rely on network usage). Once you've proved your withdrawal using Ethplorer.io or Etherscan.io and the {Meritcoins (MRC)|(MRC) Meritcoins} is stored inside your wallet, you are done.

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