How to Buy Steem Dollars (SBD) in Azerbaijan

A Step-by-Step-Guide on how to buy Steem Dollars (SBD) in Azerbaijan

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

You will first need to buy one of the major coins. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Follow the Link below to register and to get your first 10 Dollar.

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

Your Bitcoin or Ethereum will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is alike. Steem Dollars (SBD) is available on Binance, so we will use that as an illustration. Unsure on how to send funds from Coinbase to an Crypto Trader? (Follow these easy steps)

Make sure you have selected the exact coin you would like to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, et cetera. If you are using a decentralized exchange, such as Airswap or DDEX could be divergent (Follow these easy steps).

Step 3 – Find {Steem Dollars (SBD)|(SBD) Steem Dollars}

Once your deposit has been approved, you'll immediately have access to your finances and you can start invest and trading. To invest in {Steem Dollars (SBD)|(SBD) Steem Dollars} on Binance, you'll want to hover over the tab which is called “Exchange” and mouse click on “Basic”.

In order to locate {Steem Dollars (SBD)|(SBD) Steem Dollars}, you'll need to insert the shortname of the coin (SBD) into the search-box, which is marked in the picture. Be certain of having choosen the right grouping, we've marked this too. Click on “SBD/BTC” to go ahead.

{How to buy Coin on Binance 1|Binance How To Buy 1} Steem Dollars (SBD)
Step 4 – Purchase {Steem Dollars (SBD)|(SBD) Steem Dollars}

As soon as you have located {Steem Dollars (SBD)|(SBD) Steem Dollars}, you will be presented with a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). For now we're going to make our Limit Order.

The ”Price” field will be filled with the most up-to-date valuation {Steem Dollars (SBD)|(SBD) Steem Dollars} was traded for. This can be changed to your desired rate. The field with the “Amount” tag is the amount of SBD you wish to buy. The ”Total” field is the total price in BTC that you'll settle for the complete amount of SBD.

When you're satisfied, make a mouse click on “Buy SBD”. Your order will be filled as soon as a Vendor trades their SBD for the price you offered.

Step 5 – Withdraw {Steem Dollars (SBD)|(SBD) Steem Dollars}

Unless you're frequently trading, you should never keepyour coins on an Cryptocurrency Exchange for an longer time frame. In order to withdraw your {Steem Dollars (SBD)|(SBD) Steem Dollars}, hover over the tab called “Funds” and mouse click on “Withdraw”. {Steem Dollars (SBD)|(SBD) Steem Dollars} can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate {Steem Dollars (SBD)|(SBD) Steem Dollars} by using the provided drop-down box. Drop in the volumen of {Steem Dollars (SBD)|(SBD) Steem Dollars} you'd like to withdraw. Take into account the displayed fees/minimums. Also make sure you have filled your right withdraw address.

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

Congratulations! You have successfully bought and stored Steem Dollars (SBD) in Azerbaijan.

That's it!

Withdrawals from Cryptocurrency Exchange can durate between 1 – 30 minutes (rely on usage of the network). Once you have confirmed your take off with Ethplorer.io or Etherscan.io and the {Steem Dollars (SBD)|(SBD) Steem Dollars} is safe in your wallet, you are all done.

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