How to Buy RAKON (RKN) in Azerbaijan

A Step-by-Step-Guide on how to buy RAKON (RKN) in Azerbaijan

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

You'll first need to buy one of the major coins. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Follow the Link below to register and getting your welcome 10$.

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

Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is alike. RAKON (RKN) is available on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow these easy steps)

Make sure you've chosen the correct coin you would like to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etc. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our guide).

Step 3 – Locate {RAKON (RKN)|(RKN) RAKON}

As soon as your deposit has been verified, you will instantly have access to your finances and you can launch purchasing and trading. To buy {RAKON (RKN)|(RKN) RAKON} on Binance, you will want to go to the ”Exchange” tab and click on “Basic”.

In order to discover {RAKON (RKN)|(RKN) RAKON}, you will need to insert the shortname of the coin (RKN) into the search box, which is marked in the graphic. Make sure you have choosen the right grouping, we've marked this too. Click on “RKN/BTC” to advance.

{How to buy Coin on Binance 1|Binance How To Buy 1} RAKON (RKN)
Step 4 – Acquisition of {RAKON (RKN)|(RKN) RAKON}

As soon as you've discovered {RAKON (RKN)|(RKN) RAKON}, you will be given a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). And now we are going to make our Limit Order.

The ”Price” field will be automatically filled with the recent price {RAKON (RKN)|(RKN) RAKON} was traded for. You can change this to your favoured rate. The ”Amount” field is the quantity of RKN you wish to buy. The field with the “Total” tag is the whole price in BTC that you will settle for the whole quantity of RKN.

If you're glad, click on “Buy RKN”. Your plan will be filled when a Vendor trades their RKN for the price you offered.

Step 5 – Withdraw {RAKON (RKN)|(RKN) RAKON}

Unless you are frequently trading, best advise is not to keep coins on an Crypto Exchange for an longer time period. To take off your {RAKON (RKN)|(RKN) RAKON}, go to the tab called “Funds” and click on “Withdraw”. {RAKON (RKN)|(RKN) RAKON} can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find {RAKON (RKN)|(RKN) RAKON} by using the given drop-down box. Enter the amount of {RAKON (RKN)|(RKN) RAKON} you'd wish to take off. Take into account the presented fees/minimums. Also make sure you have filled your precise withdraw address.

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

Congrats! You've successfully bought and safed RAKON (RKN) in Azerbaijan.

That's it!

Take offs from Exchange can take between 1 – 30 minutes (rely on network usage). Once you have proved your take off using Etherscan.io or Ethplorer.io and the {RAKON (RKN)|(RKN) RAKON} is stored inside your wallet, you are done.

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