How to Buy SONM (SNM) in Azerbaijan

A Step-by-Step-Guide on how to buy SONM (SNM) in Azerbaijan

Step 1 – Join Coinbase and recieve 10$ for free

You will first need to buy one of the major currencies. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Click below for registration and to get your first $10.

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

Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is alike. SONM (SNM) is available on Binance, so we will use that as an illustration. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this how-to)

Make sure you have 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 are using a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our how-to).

Step 3 – Locate {SONM (SNM)|(SNM) SONM}

As soon as your deposit has been affirmed, you'll directly have access to your assets and you can launch invest and trading. To purchase {SONM (SNM)|(SNM) SONM} on Binance, you'll want to go to the ”Exchange” tab and mouse click on “Basic”.

In order to spot {SONM (SNM)|(SNM) SONM}, you'll need to put the shortname of the coin (SNM) into the search box, which is highlighted in the graphic. Make sure you have choosen the right grouping, we have highlighted this also. Click on “SNM/BTC” to proceed.

{How to buy Coin on Binance 1|Binance How To Buy 1} SONM (SNM)
Step 4 – Buy {SONM (SNM)|(SNM) SONM}

As soon as you've located {SONM (SNM)|(SNM) SONM}, you will be given a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). For now we're making our Limit Order.

The field with the “Price” tag will be filled automatically with the most up-to-date price {SONM (SNM)|(SNM) SONM} was sold for. This can be changed to your preferred rate. The ”Amount” field is the amount of SNM you want to buy. The ”Total” field is the whole price in Bitcoin that you'll settle for the whole amount of SNM.

When you're happy, make a mouse click on “Buy SNM”. Your plan will be filled as soon as a Vender trades their SNM for the price you submitted.

Step 5 – Withdraw {SONM (SNM)|(SNM) SONM}

Unless you're trading, best advise is not to keep coins on an Cryptocurrency Exchange for an extended period of time. To take off your {SONM (SNM)|(SNM) SONM}, hover over the ”Funds” tab and click on “Withdraw”. {SONM (SNM)|(SNM) SONM} can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate {SONM (SNM)|(SNM) SONM} by using the given drop-down box. Put into the amount of {SONM (SNM)|(SNM) SONM} you would like to take off. Don't forget the demonstrated minimus/fees. Also make sure you have filled your right withdraw address.

If you're satisfied, make a mouse click on “Submit”. You may be requested for verfication via phone/email before a take off.

Kudos! You've successfully purchased and safed SONM (SNM) in Azerbaijan.

That's it!

Withdrawals from Crypto Exchange can durate anywhere from 1 – 30 minutes (rely on network usage). As soon as you have confirmed your withdrawal using Etherscan.io or Ethplorer.io and the {SONM (SNM)|(SNM) SONM} is safe in your wallet, you are all done.

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