How to Buy Steem (STEEM) in Azerbaijan

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

Step 1 – Join Coinbase – Get Free $10

You will first need to purchase one of the major coins. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Click below to register and getting your first 10 Dollar.

Binance Signup
Step 2 – Transmit Your Ethereum or Bitcoin to an Crypto Exchange

Your Bitcoin or Ethereum will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. Steem (STEEM) is accessible on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this manual)

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

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etc. If you are using a decentralized exchange, such as Airswap or DDEX could be different (Just follow our guide).

Step 3 – Locate {Steem (STEEM)|(STEEM) Steem}

Once your deposit has been confirmed, you'll immediately have access to your funds and you can launch buying and trading. To purchase {Steem (STEEM)|(STEEM) Steem} on Binance, you'll want to go to the tab which is called “Exchange” and then mouse click on “Basic”.

In order to discover {Steem (STEEM)|(STEEM) Steem}, you'll need to insert the shortname of the coin (STEEM) into the search box, which is highlighted in the image. Be certain of having selected the correct pairing, we've highlighted this also. Click on “STEEM/BTC” to go on.

{How to buy Coin on Binance 1|Binance How To Buy 1} Steem (STEEM)
Step 4 – Acquisition of {Steem (STEEM)|(STEEM) Steem}

Once you've spotted {Steem (STEEM)|(STEEM) Steem}, you'll be given a Price Chart (in the Center of the image) and some Order Books (on the Left of the image). Next we're creating our Limit Order.

The ”Price” field will be filled with the most latest tariff {Steem (STEEM)|(STEEM) Steem} was traded for. You can change this to your desired rate. The ”Amount” field is the quantity of STEEM you like to purchase. The field with the “Total” tag is the aggregated price in BTC that you'll settle for the complete quantity of STEEM.

When you're satisfied, click on “Buy STEEM”. Your order will be filled as soon as a Vender sells their STEEM for the price you submitted.

Step 5 – Withdraw {Steem (STEEM)|(STEEM) Steem}

Unless you are frequently trading, best advise is not to keep your crypto on an Crypto Exchange for an longer time period. To take off your {Steem (STEEM)|(STEEM) Steem}, go to the tab called “Funds” and click on “Withdraw”. {Steem (STEEM)|(STEEM) Steem} can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate {Steem (STEEM)|(STEEM) Steem} by using the given drop-down box. Put into the volumen of {Steem (STEEM)|(STEEM) Steem} you would like to take off. Don't forget the displayed fees/minimums. Also make sure you have filled your right withdraw address.

When you are glad, make a mouse click on “Submit”. You may be asked for email/phone verification before a take off.

Congratulations! You've successfully bought and safed Steem (STEEM) in Azerbaijan.

That's it!

Withdrawals from Cryptocurrency Exchange can take between 1 – 30 minutes (depending on network usage). Once you've proved your withdrawal with Ethplorer.io or Etherscan.io and the {Steem (STEEM)|(STEEM) Steem} is stored in your wallet, you are finished.

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