How to Buy sBTC (SBTC) in Azerbaijan

A Step-by-Step-Guide on how to buy sBTC (SBTC) in Azerbaijan

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

In the beginning you'll need to purchase one of the major coins. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Click the button below for registration and getting your welcome 10 Dollar.

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

Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is alike. sBTC (SBTC) is accessible on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Crypto Exchange? (Just follow this manual)

Make sure you have selected the right 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 are dealing with a decentralized exchange, such as Airswap or DDEX could be different (Just follow our manual).

Step 3 – Locate {sBTC (SBTC)|(SBTC) sBTC}

Once your deposit has been affirmed, you will instantly have access to your funds and you can start invest and trading. To invest in {sBTC (SBTC)|(SBTC) sBTC} on Binance, you will want to hover over the ”Exchange” tab and then mouse click on “Basic”.

In order to locate {sBTC (SBTC)|(SBTC) sBTC}, you will need to insert the cointype (SBTC) into the search-box, which is highlighted in the graphic. Make sure you have selected the proper pairing, we have highlighted this too. Click on “SBTC/BTC” to advance.

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

Once you've discovered {sBTC (SBTC)|(SBTC) sBTC}, you will be given a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). Next we are making our own Limit Order.

The field with the “Price” tag will be filled with the most latest rate {sBTC (SBTC)|(SBTC) sBTC} was traded for. You can change this to your favoured price. The ”Amount” field is the amount of SBTC you wish to buy. The ”Total” field is the aggregated price in BTC that you will settle for the complete amount of SBTC.

When you are glad, click on “Buy SBTC”. Your plan will be filled when a Vendor trades their SBTC for the price you introduced.

Step 5 – Withdraw {sBTC (SBTC)|(SBTC) sBTC}

Unless you are frequently trading, best advise is not to keep your crypto on an Crypto Exchange for an extended time frame. In order to take off your {sBTC (SBTC)|(SBTC) sBTC}, hover over the ”Funds” tab and mouse click on “Withdraw”. {sBTC (SBTC)|(SBTC) sBTC} can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find {sBTC (SBTC)|(SBTC) sBTC} by using the given drop-down box. Put into the quantity of {sBTC (SBTC)|(SBTC) sBTC} you would wish to take off. Don't forget the demonstrated minimus/fees. Also make sure you have filled your right withdraw address.

When you are happy, click on “Submit”. You may be asked for verfication via phone/email before a take off.

Kudos! You've successfully purchased and safed sBTC (SBTC) in Azerbaijan.

That's it!

Take offs from Crypto Trader can take anywhere from 1 – 30 minutes (rely on usage of the network). Once you have proved your withdrawal with Etherscan.io or Ethplorer.io and the {sBTC (SBTC)|(SBTC) sBTC} is safe within your wallet, you're done.

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