How to Buy MinerGate Token (MG) in Azerbaijan

A Step-by-Step-Guide on how to buy MinerGate Token (MG) in Azerbaijan

Step 1 – Join Coinbase and get 10$ for free

You'll first need to buy one of the bigger currencies. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Follow the Link below to register and receive your welcome $10.

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

Your Bitcoin or Ethereum has to be sent over to an Exchange now. All exchanges have a deposit form that is alike. MinerGate Token (MG) is accessible on Binance, so we will use that as an sample. Not sure on how to send funds from Coinbase to an Exchange? (Follow this how-to)

Make sure you've selected the right coin you wish to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so forth. If you are working with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our guide).

Step 3 – Locate {MinerGate Token (MG)|(MG) MinerGate Token}

Once your deposit has been affirmed, you will directly have access to your finances and you can initiate purchasing and trading. To invest in {MinerGate Token (MG)|(MG) MinerGate Token} on Binance, you will want to go to the tab which is called “Exchange” and after that mouse click on “Basic”.

To spot {MinerGate Token (MG)|(MG) MinerGate Token}, you will need to insert the short name of the asset (MG) into the search-box, which is marked in the picture. Be certain of having selected the correct pairing, we have marked this also. Click on “MG/BTC” to proceed.

{How to buy Coin on Binance 1|Binance How To Buy 1} MinerGate Token (MG)
Step 4 – Buy {MinerGate Token (MG)|(MG) MinerGate Token}

As soon as you have located {MinerGate Token (MG)|(MG) MinerGate Token}, you'll be given a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the image). Next we are creating our Limit Order.

The ”Price” field will be filled automatically with the most recent price {MinerGate Token (MG)|(MG) MinerGate Token} was sold for. This can be changed to your preferred rate. The ”Amount” field is the quantity of MG you want to buy. The ”Total” field is the whole price in Bitcoin that you will pay for the whole quantity of MG.

When you are satisfied, make a mouse click on “Buy MG”. Your order will be filled as soon as a Vendor trades their MG for the price you introduced.

Step 5 – Withdraw {MinerGate Token (MG)|(MG) MinerGate Token}

Unless you are frequently trading, best advise is not to keep crypto on an Crypto Exchange for an extensive period of time. In order to take off your {MinerGate Token (MG)|(MG) MinerGate Token}, hover over the ”Funds” tab and mouse click on “Withdraw”. {MinerGate Token (MG)|(MG) MinerGate Token} can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

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

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

Congratulations! You have successfully purchased and stored MinerGate Token (MG) in Azerbaijan.

That's it!

Take offs from Cryptocurrency Exchange can durate anywhere from 1 – 30 minutes (rely on network usage). Once you've proved your withdrawal using Ethplorer.io or Etherscan.io and the {MinerGate Token (MG)|(MG) MinerGate Token} is safe inside your wallet, you're done.

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