How to Buy PRASM (PSM) in Azerbaijan

A Step-by-Step-Guide on how to buy PRASM (PSM) in Azerbaijan

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

You will first need to buy one of the bigger coins. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Click the button below for registration and getting your first 10$.

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

Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. PRASM (PSM) is obtainable on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Crypto Exchange? (Follow this manual)

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

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so forth. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be different (Follow these easy steps).

Step 3 – Find {PRASM (PSM)|(PSM) PRASM}

Once your deposit has been verified, you will instantly have access to your finances and you can initiate invest and trading. To buy {PRASM (PSM)|(PSM) PRASM} on Binance, you will want to go to the tab which is called “Exchange” and then click on “Basic”.

To spot {PRASM (PSM)|(PSM) PRASM}, you will need to put the cointype (PSM) into the search-box, which is marked in the image. Be certain of having selected the proper pairing, we've marked this too. Click on “PSM/BTC” to progress.

{How to buy Coin on Binance 1|Binance How To Buy 1} PRASM (PSM)
Step 4 – Buy {PRASM (PSM)|(PSM) PRASM}

As soon as you've located {PRASM (PSM)|(PSM) PRASM}, you'll be given a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the image). For now we are going to create our own Limit Order.

The ”Price” field will be automatically filled with the up-to-date rate {PRASM (PSM)|(PSM) PRASM} was traded for. This can be changed to your favoured rate. The field with the “Amount” tag is the quantity of PSM you like to purchase. The ”Total” field is the whole price in BTC that you'll pay for the complete quantity of PSM.

If you are happy, make a mouse click on “Buy PSM”. Your order will be filled when a Seller trades their PSM for the price you introduced.

Step 5 – Withdraw {PRASM (PSM)|(PSM) PRASM}

Unless you're regularly trading, you should never keepyour coins on an Exchange for an extended time period. In order to take off your {PRASM (PSM)|(PSM) PRASM}, go to the tab called “Funds” and click on “Withdraw”. {PRASM (PSM)|(PSM) PRASM} can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate {PRASM (PSM)|(PSM) PRASM} by using the provided drop-down box. Enter the volumen of {PRASM (PSM)|(PSM) PRASM} you would wish to take off. Take into account the shown minimus/fees. Also make sure you have filled your correct withdraw address.

If you're glad, click on “Submit”. You could be requested for verfication via phone/email before a take off.

Congrats! You have successfully purchased and safed PRASM (PSM) in Azerbaijan.

That's it!

Withdrawals from Cryptocurrency Exchange can durate between 1 – 30 minutes (depending on network usage). As soon as you've confirmed your withdrawal with Ethplorer.io or Etherscan.io and the {PRASM (PSM)|(PSM) PRASM} is stored inside your wallet, you're all done.

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