How to Buy Red (RED) in Azerbaijan

A Step-by-Step-Guide on how to buy Red (RED) in Azerbaijan

Step 1 – Signup to Coinbase – Get Free $10

You'll first need to purchase one of the major coins. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Click the button below to register and getting your first 10$.

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

Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. Red (RED) is obtainable on Binance, so we're going to use that as an sample. Unsure on how to send funds from Coinbase to an Crypto Trader? (Follow this guide)

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

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

Step 3 – Locate {Red (RED)|(RED) Red}

Once your deposit has been approved, you'll immediately have access to your finances and you can commence buying and trading. To invest in {Red (RED)|(RED) Red} on Binance, you'll want to go to the tab which is called “Exchange” and after that click on “Basic”.

In order to discover {Red (RED)|(RED) Red}, you'll need to insert the shortname of the coin (RED) into the search box, which is highlighted in the picture. Be certain of having choosen the right pairing, we've highlighted this also. Click on “RED/BTC” to advance.

{How to buy Coin on Binance 1|Binance How To Buy 1} Red (RED)
Step 4 – Buying {Red (RED)|(RED) Red}

Once you've spotted {Red (RED)|(RED) Red}, you'll be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). And now we are creating our Limit Order.

The ”Price” field will be automatically filled with the most recent valuation {Red (RED)|(RED) Red} was traded for. This can be changed to your desired price. The ”Amount” field is the quantity of RED you want to buy. The field with the “Total” tag is the aggregated price in BTC that you'll pay for the whole quantity of RED.

If you are satisfied, make a mouse click on “Buy RED”. Your plan will be filled as soon as a Seller trades their RED for the price you submitted.

Step 5 – Withdraw {Red (RED)|(RED) Red}

Unless you're regularly trading, best advise is not to keep crypto coins on an Exchange for an extended time period. To take off your {Red (RED)|(RED) Red}, hover over the ”Funds” tab and click on “Withdraw”. {Red (RED)|(RED) Red} can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate {Red (RED)|(RED) Red} by using the provided drop-down box. Put into the quantity of {Red (RED)|(RED) Red} you'd wish to take off. Take into account the shown minimus/fees. Also make sure you have entered your precise withdraw address.

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

Kudos! You've successfully bought and stored Red (RED) in Azerbaijan.

That's it!

Take offs from Crypto Trader can durate between 1 – 30 minutes (depending on usage of the network). Once you have confirmed your take off using Etherscan.io or Ethplorer.io and the {Red (RED)|(RED) Red} is safe inside your wallet, you're done.

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