How to Buy Phala Network (PHA) in Azerbaijan

A Step-by-Step-Guide on how to buy Phala Network (PHA) in Azerbaijan

Step 1 – Join Coinbase – Get Free $10

In the beginning you'll need to buy units of the top-tier coins. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Follow the Link below to register and receive your first 10$.

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

Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. Phala Network (PHA) is accessible on Binance, so we will use that as an example. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this guide)

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

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, et cetera. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be different (Just follow our manual).

Step 3 – Find {Phala Network (PHA)|(PHA) Phala Network}

Once your deposit has been confirmed, you'll instantly have access to your assets and you can commence invest and trading. To buy {Phala Network (PHA)|(PHA) Phala Network} on Binance, you'll want to hover over the ”Exchange” tab and mouse click on “Basic”.

In order to discover {Phala Network (PHA)|(PHA) Phala Network}, you'll need to put the short name of the asset (PHA) into the search box, which is marked in the picture. Make sure you have selected the proper pairing, we've marked this too. Click on “PHA/BTC” to advance.

{How to buy Coin on Binance 1|Binance How To Buy 1} Phala Network (PHA)
Step 4 – Buy {Phala Network (PHA)|(PHA) Phala Network}

After you have located {Phala Network (PHA)|(PHA) Phala Network}, you'll be presented with a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). For now we're making our Limit Order.

The field with the “Price” tag will be filled automatically with the latest rate {Phala Network (PHA)|(PHA) Phala Network} was sold for. You can change this to your favoured rate. The ”Amount” field is the amount of PHA you like to purchase. The field with the “Total” tag is the total price in Bitcoin that you'll settle for the whole amount of PHA.

If you are happy, click on “Buy PHA”. Your plan will be filled when a Vendor trades their PHA for the price you submitted.

Step 5 – Withdraw {Phala Network (PHA)|(PHA) Phala Network}

Unless you are trading, best advise is not to keep coins on an Crypto Trader for an extensive time frame. In order to take off your {Phala Network (PHA)|(PHA) Phala Network}, go to the ”Funds” tab and click on “Withdraw”. {Phala Network (PHA)|(PHA) Phala Network} can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find {Phala Network (PHA)|(PHA) Phala Network} by using the given drop-down box. Drop in the amount of {Phala Network (PHA)|(PHA) Phala Network} you'd like to take off. Take into account the displayed minimus/fees. Also make sure you have filled your correct withdraw address.

If you are satisfied, click “Submit”. You could be asked for phone/email verification before a take off.

Kudos! You've successfully bought and stored Phala Network (PHA) in Azerbaijan.

That's it!

Take offs from Crypto Trader can durate anywhere from 1 – 30 minutes (depending on network usage). As soon as you have proved your take off using Etherscan.io or Ethplorer.io and the {Phala Network (PHA)|(PHA) Phala Network} is safe inside your wallet, you're finished.

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