How to Buy Siacoin (SC) in Azerbaijan

A Step-by-Step-Guide on how to buy Siacoin (SC) in Azerbaijan

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

You'll first need to buy one of the bigger coins. Exchanges commonly accept either Ethereum or Bitcoin in exchange for alternative Coins. Click below to register and getting your welcome 10$.

Binance Signup
Step 2 – Transmit Your Funds to an Exchange

Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Exchange now. All exchanges have a deposit form that is identical. Siacoin (SC) is available on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Exchange? (Just follow these easy steps)

Make sure you've selected 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. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our guide).

Step 3 – Locate {Siacoin (SC)|(SC) Siacoin}

Once your deposit has been affirmed, you will directly have access to your funds and you can launch invest and trading. To purchase {Siacoin (SC)|(SC) Siacoin} on Binance, you will want to hover over the ”Exchange” tab and click on “Basic”.

In order to find {Siacoin (SC)|(SC) Siacoin}, you will need to insert the shortname of the coin (SC) into the search box, which is marked in the image. Make sure you have selected the right pairing, we have marked this too. Click on “SC/BTC” to proceed.

{How to buy Coin on Binance 1|Binance How To Buy 1} Siacoin (SC)
Step 4 – Purchase {Siacoin (SC)|(SC) Siacoin}

Once you've discovered {Siacoin (SC)|(SC) Siacoin}, you will be given a Price Chart (in the Center of the picture) and some Order Books (on the Left of the picture). Next we are going to make our Limit Order.

The field with the “Price” tag will be filled automatically with the most up-to-date tariff {Siacoin (SC)|(SC) Siacoin} was sold for. This can be changed to your desired rate. The ”Amount” field is the volumen of SC you want to purchase. The field with the “Total” tag is the whole price in Bitcoin that you'll pay for the complete volumen of SC.

When you're happy, make a mouse click on “Buy SC”. Your order will be filled as soon as a Seller sells their SC for the price you gave.

Step 5 – Withdraw {Siacoin (SC)|(SC) Siacoin}

Unless you're regularly trading, you should never keepyour crypto on an Crypto Exchange for an extended time frame. To take off your {Siacoin (SC)|(SC) Siacoin}, hover over the tab called “Funds” and mouse click on “Withdraw”. {Siacoin (SC)|(SC) Siacoin} can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find {Siacoin (SC)|(SC) Siacoin} by using the provided drop-down box. Put into the quantity of {Siacoin (SC)|(SC) Siacoin} you would like to take off. Take into account the demonstrated fees/minimums. Also make sure you have filled your right withdraw address.

If you're happy, click on “Submit”. You could be asked for verfication via email/phone ahead of a withdrawal.

Congrats! You've successfully purchased and safed Siacoin (SC) in Azerbaijan.

That's it!

Withdrawals from Crypto Exchange can take between 1 – 30 minutes (rely on usage of the network). As soon as you have proved your withdrawal using Etherscan.io or Ethplorer.io and the {Siacoin (SC)|(SC) Siacoin} is safe in your wallet, you're all done.

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