How to Buy Moon YFI (MYFI) in Azerbaijan

A Step-by-Step-Guide on how to buy Moon YFI (MYFI) in Azerbaijan

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

You will first need to purchase units of the bigger coins. Exchanges normally accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Follow the Link below for registration and to get your first 10 Dollar.

Binance Signup
Step 2 – Transmit Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Trader

Your Ethereum or Bitcoin will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is alike. Moon YFI (MYFI) is available on Binance, so we're going to use that as an illustration. Unsure on how to send funds from Coinbase to an Crypto Trader? (Follow this how-to)

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

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

Step 3 – Find {Moon YFI (MYFI)|(MYFI) Moon YFI}

As soon as your deposit has been affirmed, you will immediately have access to your finances and you can start invest and trading. To purchase {Moon YFI (MYFI)|(MYFI) Moon YFI} on Binance, you will want to hover over the ”Exchange” tab and after that mouse click on “Basic”.

In order to spot {Moon YFI (MYFI)|(MYFI) Moon YFI}, you will need to put the shortname of the coin (MYFI) into the search-box, which is marked in the picture. Make sure you have choosen the right grouping, we've marked this too. Click on “MYFI/BTC” to proceed.

{How to buy Coin on Binance 1|Binance How To Buy 1} Moon YFI (MYFI)
Step 4 – Buy {Moon YFI (MYFI)|(MYFI) Moon YFI}

As soon as you have located {Moon YFI (MYFI)|(MYFI) Moon YFI}, you will be given a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). For now we're going to create our Limit Order.

The field with the “Price” tag will be filled with the most latest price {Moon YFI (MYFI)|(MYFI) Moon YFI} was traded for. This can be changed to your preferred price. The ”Amount” field is the volumen of MYFI you want to purchase. The ”Total” field is the whole price in BTC that you'll settle for the whole volumen of MYFI.

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

Step 5 – Withdraw {Moon YFI (MYFI)|(MYFI) Moon YFI}

Unless you are frequently trading, you should never keepyour coins on an Crypto Trader for an longer time period. In order to withdraw your {Moon YFI (MYFI)|(MYFI) Moon YFI}, go to the ”Funds” tab and mouse click on “Withdraw”. {Moon YFI (MYFI)|(MYFI) Moon YFI} can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate {Moon YFI (MYFI)|(MYFI) Moon YFI} by using the given drop-down box. Drop in the quantity of {Moon YFI (MYFI)|(MYFI) Moon YFI} you'd like to withdraw. Take into account the demonstrated fees/minimums. Also make sure you have filled your precise withdraw address.

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

Congratulations! You've successfully bought and safed Moon YFI (MYFI) in Azerbaijan.

That's it!

Take offs from Cryptocurrency Exchange can take anywhere from 1 – 30 minutes (depending on usage of the network). As soon as you have proved your take off with Ethplorer.io or Etherscan.io and the {Moon YFI (MYFI)|(MYFI) Moon YFI} is safe in your wallet, you're all done.

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