How to Buy Ravencoin (RVN) in Azerbaijan

A Step-by-Step-Guide on how to buy Ravencoin (RVN) in Azerbaijan

Step 1 – Signup to Coinbase – Get Free $10

You will first need to buy units of the major currencies. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Follow the Link below to register and getting your first 10 Dollar.

Binance Signup
Step 2 – Transfer Your Bitcoin or Ethereum to an Crypto Exchange

Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is identical. Ravencoin (RVN) is accessible on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this guide)

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

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so forth. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be different (Just follow our how-to).

Step 3 – Find {Ravencoin (RVN)|(RVN) Ravencoin}

As soon as your deposit has been approved, you will now have access to your funds and you can launch buying and trading. To invest in {Ravencoin (RVN)|(RVN) Ravencoin} on Binance, you will want to go to the ”Exchange” tab and then click on “Basic”.

In order to locate {Ravencoin (RVN)|(RVN) Ravencoin}, you will need to insert the shortname of the coin (RVN) into the search-box, which is marked in the graphic. Make sure you have choosen the right grouping, we have marked this also. Click on “RVN/BTC” to progress.

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

Once you have spotted {Ravencoin (RVN)|(RVN) Ravencoin}, you will be given a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). And now we're creating our own Limit Order.

The field with the “Price” tag will be filled automatically with the recent rate {Ravencoin (RVN)|(RVN) Ravencoin} was traded for. You can change this to your favoured rate. The ”Amount” field is the volumen of RVN you like to buy. The ”Total” field is the total price in Bitcoin that you will pay for the whole volumen of RVN.

When you're happy, click on “Buy RVN”. Your order will be filled when a Vender sells their RVN for the price you offered.

Step 5 – Withdraw {Ravencoin (RVN)|(RVN) Ravencoin}

Unless you are regularly trading, best advise is not to keep crypto coins on an Cryptocurrency Exchange for an extended period of time. To withdraw your {Ravencoin (RVN)|(RVN) Ravencoin}, hover over the tab called “Funds” and click on “Withdraw”. {Ravencoin (RVN)|(RVN) Ravencoin} can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find {Ravencoin (RVN)|(RVN) Ravencoin} by using the provided drop-down box. Drop in the amount of {Ravencoin (RVN)|(RVN) Ravencoin} you would like to withdraw. Take into account the displayed minimus/fees. Also make sure you have entered your correct withdraw address.

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

Congrats! You've successfully purchased and safed Ravencoin (RVN) in Azerbaijan.

That's it!

Withdrawals from Exchange can take anywhere from 1 – 30 minutes (rely on network usage). Once you've proved your withdrawal using Ethplorer.io or Etherscan.io and the {Ravencoin (RVN)|(RVN) Ravencoin} is safe inside your wallet, you're done.

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