How to Buy Skycoin (SKY) in Azerbaijan

A Step-by-Step-Guide on how to buy Skycoin (SKY) in Azerbaijan

Step 1 – Join Coinbase and recieve 10$ for free

You will first need to purchase one of the major currencies. Exchanges normally accept either Ethereum or Bitcoin in exchange for Altcoins. Click the button below to register and to get your first $10.

Binance Signup
Step 2 – Transfer Your Funds to an Cryptocurrency Exchange

Your Bitcoin or Ethereum will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. Skycoin (SKY) is obtainable on Binance, so we're going to use that as an sample. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this manual)

Make sure you have chosen the correct coin you would like to deposit.

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

Step 3 – Locate {Skycoin (SKY)|(SKY) Skycoin}

As soon as your deposit has been confirmed, you'll instantly have access to your assets and you can launch invest and trading. To purchase {Skycoin (SKY)|(SKY) Skycoin} on Binance, you'll want to go to the tab which is called “Exchange” and after that click on “Basic”.

In order to find {Skycoin (SKY)|(SKY) Skycoin}, you'll need to put the short name of the asset (SKY) into the search box, which is highlighted in the image. Make sure you have selected the right pairing, we have highlighted this also. Click on “SKY/BTC” to progress.

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

As soon as you have found {Skycoin (SKY)|(SKY) Skycoin}, you'll be given a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). And now we are going to make our Limit Order.

The field with the “Price” tag will be filled automatically with the most recent rate {Skycoin (SKY)|(SKY) Skycoin} was traded for. You can change this to your preferred rate. The field with the “Amount” tag is the volumen of SKY you want to purchase. The ”Total” field is the whole price in BTC that you will settle for the complete volumen of SKY.

If you're happy, click on “Buy SKY”. Your plan will be filled as soon as a Vendor sells their SKY for the price you submitted.

Step 5 – Withdraw {Skycoin (SKY)|(SKY) Skycoin}

Unless you're regularly trading, best advise is not to keep your crypto on an Exchange for an extended period of time. In order to take off your {Skycoin (SKY)|(SKY) Skycoin}, go to the ”Funds” tab and click on “Withdraw”. {Skycoin (SKY)|(SKY) Skycoin} can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate {Skycoin (SKY)|(SKY) Skycoin} by using the given drop-down box. Enter the volumen of {Skycoin (SKY)|(SKY) Skycoin} you would like to take off. Don't forget the presented minimus/fees. Also make sure you have filled your correct withdraw address.

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

Kudos! You've successfully bought and safed Skycoin (SKY) in Azerbaijan.

That's it!

Withdrawals from Crypto Exchange can take anywhere from 1 – 30 minutes (rely on usage of the network). Once you've confirmed your take off using Ethplorer.io or Etherscan.io and the {Skycoin (SKY)|(SKY) Skycoin} is safe within your wallet, you are finished.

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