How to Buy SiamBitcoin (SBTC) in Azerbaijan

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

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

You will first need to buy one of the major coins. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Click below to register and to get your first 10$.

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

Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Exchange now. All exchanges have a deposit form that is identical. SiamBitcoin (SBTC) is accessible on Binance, so we're going to use that as an sample. Unsure on how to send Coinbase funds to an Exchange? (Follow this manual)

Make sure you have selected the exact coin you want to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etcetera. If you are using a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our guide).

Step 3 – Find {SiamBitcoin (SBTC)|(SBTC) SiamBitcoin}

Once your deposit has been verified, you will instantly have access to your finances and you can launch buying and trading. To purchase {SiamBitcoin (SBTC)|(SBTC) SiamBitcoin} on Binance, you will want to go to the ”Exchange” tab and mouse click on “Basic”.

To spot {SiamBitcoin (SBTC)|(SBTC) SiamBitcoin}, you will need to put the shortname of the coin (SBTC) into the search box, which is marked in the picture. Be certain of having selected the proper grouping, we've marked this also. Click on “SBTC/BTC” to progress.

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

As soon as you've spotted {SiamBitcoin (SBTC)|(SBTC) SiamBitcoin}, you will be given a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). For now we're going to create our Limit Order.

The ”Price” field will be automatically filled with the most up-to-date price {SiamBitcoin (SBTC)|(SBTC) SiamBitcoin} was sold for. This can be changed to your preferred price. The ”Amount” field is the amount of SBTC you like to purchase. The ”Total” field is the aggregated price in BTC that you will pay for the complete amount of SBTC.

If you're glad, click on “Buy SBTC”. Your order will be filled when a Seller trades their SBTC for the price you submitted.

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

Unless you are frequently trading, never keep your crypto coins on an Cryptocurrency Exchange for an extensive time frame. In order to take off your {SiamBitcoin (SBTC)|(SBTC) SiamBitcoin}, go to the tab called “Funds” and mouse click on “Withdraw”. {SiamBitcoin (SBTC)|(SBTC) SiamBitcoin} can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find {SiamBitcoin (SBTC)|(SBTC) SiamBitcoin} by using the provided drop-down box. Put into the amount of {SiamBitcoin (SBTC)|(SBTC) SiamBitcoin} you would like to take off. Don't forget the shown fees/minimums. Also make sure you have filled your right withdraw address.

If you are glad, click “Submit”. You could be asked for email/phone verification before a withdrawal.

Congrats! You have successfully bought and stored SiamBitcoin (SBTC) in Azerbaijan.

That's it!

Withdrawals from Cryptocurrency Exchange can durate anywhere from 1 – 30 minutes (depending on network usage). Once you've confirmed your withdrawal using Etherscan.io or Ethplorer.io and the {SiamBitcoin (SBTC)|(SBTC) SiamBitcoin} is stored within your wallet, you are all done.

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