How to Buy MiniBitcoin (MBTC) in Azerbaijan

A Step-by-Step-Guide on how to buy MiniBitcoin (MBTC) in Azerbaijan

Step 1 – Join Coinbase and recieve 10$ for free

You'll first need to purchase one of the bigger currencies. Exchanges usually accept either Ethereum or Bitcoin in exchange for Altcoins. Click below for registration and receive your welcome 10$.

Binance Signup
Step 2 – Transmit Your Funds to an Crypto Exchange

Your Bitcoin or Ethereum has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is identical. MiniBitcoin (MBTC) is available on Binance, so we're going to use that as an sample. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Just follow these easy steps)

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

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

Step 3 – Find {MiniBitcoin (MBTC)|(MBTC) MiniBitcoin}

As soon as your deposit has been verified, you will immediately have access to your funds and you can begin buying and trading. To buy {MiniBitcoin (MBTC)|(MBTC) MiniBitcoin} on Binance, you will want to go to the ”Exchange” tab and then click on “Basic”.

In order to discover {MiniBitcoin (MBTC)|(MBTC) MiniBitcoin}, you will need to put the cointype (MBTC) into the search-box, which is marked in the graphic. Make sure you have choosen the correct pairing, we've marked this too. Click on “MBTC/BTC” to advance.

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

Once you have spotted {MiniBitcoin (MBTC)|(MBTC) MiniBitcoin}, you will be given a Price Chart (in the Center of the image) and some Order Books (on the Left of the image). For now we're making our Limit Order.

The ”Price” field will be filled automatically with the most recent rate {MiniBitcoin (MBTC)|(MBTC) MiniBitcoin} was traded for. This can be changed to your desired rate. The ”Amount” field is the quantity of MBTC you want to purchase. The field with the “Total” tag is the total price in Bitcoin that you'll pay for the whole quantity of MBTC.

When you're glad, click on “Buy MBTC”. Your plan will be filled when a Seller trades their MBTC for the price you submitted.

Step 5 – Withdraw {MiniBitcoin (MBTC)|(MBTC) MiniBitcoin}

Unless you are regularly trading, best advise is not to keep your crypto coins on an Crypto Trader for an extended period of time. In order to take off your {MiniBitcoin (MBTC)|(MBTC) MiniBitcoin}, go to the ”Funds” tab and mouse click on “Withdraw”. {MiniBitcoin (MBTC)|(MBTC) MiniBitcoin} can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find {MiniBitcoin (MBTC)|(MBTC) MiniBitcoin} by using the provided drop-down box. Drop in the quantity of {MiniBitcoin (MBTC)|(MBTC) MiniBitcoin} you'd like to take off. Take into account the shown fees/minimums. Also make sure you have filled your precise withdraw address.

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

Kudos! You have successfully bought and stored MiniBitcoin (MBTC) in Azerbaijan.

That's it!

Withdrawals from Crypto Exchange can take anywhere from 1 – 30 minutes (rely on network usage). As soon as you have confirmed your withdrawal using Ethplorer.io or Etherscan.io and the {MiniBitcoin (MBTC)|(MBTC) MiniBitcoin} is safe in your wallet, you're done.

And some more interesting Altcoins:

How to buy Global Human Trust (GHT) in Azerbaijan
How to buy UniLayer (LAYER) in Argentina
How to buy MtBlock (MTS) in Anguilla