How to Buy Nifexcoin (NIX) in Azerbaijan

A Step-by-Step-Guide on how to buy Nifexcoin (NIX) in Azerbaijan

Step 1 – Join Coinbase and recieve 10$ for free

In the beginning you'll need to buy units of the major coins. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Click below to register and getting your first 10$.

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

Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. Nifexcoin (NIX) is obtainable on Binance, so we will use that as an sample. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Follow this guide)

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

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, et cetera. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our how-to).

Step 3 – Find {Nifexcoin (NIX)|(NIX) Nifexcoin}

As soon as your deposit has been confirmed, you'll now have access to your funds and you can begin invest and trading. To buy {Nifexcoin (NIX)|(NIX) Nifexcoin} on Binance, you'll want to go to the tab which is called “Exchange” and then click on “Basic”.

In order to find {Nifexcoin (NIX)|(NIX) Nifexcoin}, you'll need to put the short name of the asset (NIX) into the search box, which is marked in the graphic. Make sure you have selected the right grouping, we have marked this also. Click on “NIX/BTC” to advance.

{How to buy Coin on Binance 1|Binance How To Buy 1} Nifexcoin (NIX)
Step 4 – Purchasing {Nifexcoin (NIX)|(NIX) Nifexcoin}

After you've found {Nifexcoin (NIX)|(NIX) Nifexcoin}, you will be presented with a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). And now we are making our Limit Order.

The field with the “Price” tag will be automatically filled with the most recent rate {Nifexcoin (NIX)|(NIX) Nifexcoin} was traded for. You can change this to your desired rate. The ”Amount” field is the amount of NIX you want to buy. The field with the “Total” tag is the total price in BTC that you'll pay for the complete amount of NIX.

When you're happy, make a mouse click on “Buy NIX”. Your order will be filled when a Seller trades their NIX for the price you offered.

Step 5 – Withdraw {Nifexcoin (NIX)|(NIX) Nifexcoin}

Unless you're frequently trading, you should never keepyour coins on an Crypto Trader for an longer period of time. In order to take off your {Nifexcoin (NIX)|(NIX) Nifexcoin}, hover over the ”Funds” tab and mouse click on “Withdraw”. {Nifexcoin (NIX)|(NIX) Nifexcoin} can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find {Nifexcoin (NIX)|(NIX) Nifexcoin} by using the given drop-down box. Drop in the quantity of {Nifexcoin (NIX)|(NIX) Nifexcoin} you'd like to take off. Take into account the demonstrated fees/minimums. Also make sure you have filled your correct withdraw address.

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

Congrats! You have successfully purchased and stored Nifexcoin (NIX) in Azerbaijan.

That's it!

Withdrawals from Crypto Trader can durate anywhere from 1 – 30 minutes (depending on usage of the network). Once you have confirmed your take off using Etherscan.io or Ethplorer.io and the {Nifexcoin (NIX)|(NIX) Nifexcoin} is stored in your wallet, you are all done.

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