How to Buy Paxos Standard (PAX) in Azerbaijan

A Step-by-Step-Guide on how to buy Paxos Standard (PAX) in Azerbaijan

Step 1 – Join Coinbase and recieve 10$ for free

In the beginning you'll need to buy units of the major currencies. Exchanges usually accept either Ethereum or Bitcoin in exchange for Altcoins. Follow the Link below for registration and getting your first $10.

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

Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. Paxos Standard (PAX) is available on Binance, so we will use that as an sample. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow these easy steps)

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

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so on. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our how-to).

Step 3 – Find {Paxos Standard (PAX)|(PAX) Paxos Standard}

Once your deposit has been approved, you'll directly have access to your assets and you can initiate invest and trading. To invest in {Paxos Standard (PAX)|(PAX) Paxos Standard} on Binance, you'll want to hover over the ”Exchange” tab and after that click on “Basic”.

In order to find {Paxos Standard (PAX)|(PAX) Paxos Standard}, you'll need to insert the cointype (PAX) into the search-box, which is marked in the picture. Be certain of having selected the correct grouping, we've marked this also. Click on “PAX/BTC” to proceed.

{How to buy Coin on Binance 1|Binance How To Buy 1} Paxos Standard (PAX)
Step 4 – Purchasing {Paxos Standard (PAX)|(PAX) Paxos Standard}

After you've located {Paxos Standard (PAX)|(PAX) Paxos Standard}, you'll be presented with a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). For now we are making our Limit Order.

The field with the “Price” tag will be filled with the up-to-date tariff {Paxos Standard (PAX)|(PAX) Paxos Standard} was sold for. This can be changed to your favoured rate. The ”Amount” field is the amount of PAX you like to purchase. The ”Total” field is the total price in Bitcoin that you will pay for the complete amount of PAX.

If you are happy, click on “Buy PAX”. Your order will be filled as soon as a Vendor trades their PAX for the price you introduced.

Step 5 – Withdraw {Paxos Standard (PAX)|(PAX) Paxos Standard}

Unless you are frequently trading, you should never keepyour crypto coins on an Cryptocurrency Exchange for an extensive time frame. In order to withdraw your {Paxos Standard (PAX)|(PAX) Paxos Standard}, hover over the ”Funds” tab and click on “Withdraw”. {Paxos Standard (PAX)|(PAX) Paxos Standard} can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find {Paxos Standard (PAX)|(PAX) Paxos Standard} by using the given drop-down box. Enter the volumen of {Paxos Standard (PAX)|(PAX) Paxos Standard} you would like to withdraw. Don't forget the presented fees/minimums. Also make sure you have entered your precise withdraw address.

When you are happy, make a mouse click on “Submit”. You may be requested for phone/email verification ahead of a take off.

Congratulations! You have successfully purchased and stored Paxos Standard (PAX) in Azerbaijan.

That's it!

Withdrawals from Exchange can take between 1 – 30 minutes (rely on network usage). Once you have confirmed your withdrawal using Etherscan.io or Ethplorer.io and the {Paxos Standard (PAX)|(PAX) Paxos Standard} is safe within your wallet, you are finished.

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