How to Buy Sumokoin (SUMO) in Azerbaijan

A Step-by-Step-Guide on how to buy Sumokoin (SUMO) in Azerbaijan

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

You will first need to buy units of the top-tier currencies. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Follow the Link below for registration and to get your welcome 10$.

Binance Signup
Step 2 – Send Your Funds to an Exchange

Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Exchange now. All exchanges have a deposit form that is alike. Sumokoin (SUMO) is accessible on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Exchange? (Just follow this manual)

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

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etcetera. In the case you're using a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our guide).

Step 3 – Locate {Sumokoin (SUMO)|(SUMO) Sumokoin}

As soon as your deposit has been approved, you'll immediately have access to your assets and you can begin invest and trading. To invest in {Sumokoin (SUMO)|(SUMO) Sumokoin} on Binance, you'll want to hover over the tab which is called “Exchange” and after that click on “Basic”.

In order to find {Sumokoin (SUMO)|(SUMO) Sumokoin}, you'll need to put the cointype (SUMO) into the search box, which is highlighted in the picture. Make sure you have selected the proper pairing, we've highlighted this also. Click on “SUMO/BTC” to go ahead.

{How to buy Coin on Binance 1|Binance How To Buy 1} Sumokoin (SUMO)
Step 4 – Purchase {Sumokoin (SUMO)|(SUMO) Sumokoin}

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

The field with the “Price” tag will be automatically filled with the recent valuation {Sumokoin (SUMO)|(SUMO) Sumokoin} was sold for. This can be changed to your preferred rate. The ”Amount” field is the amount of SUMO you wish to purchase. The ”Total” field is the whole price in BTC that you will pay for the whole amount of SUMO.

If you're satisfied, click on “Buy SUMO”. Your plan will be filled as soon as a Seller trades their SUMO for the price you submitted.

Step 5 – Withdraw {Sumokoin (SUMO)|(SUMO) Sumokoin}

Unless you're frequently trading, never keep your coins on an Crypto Exchange for an extensive time period. In order to take off your {Sumokoin (SUMO)|(SUMO) Sumokoin}, hover over the ”Funds” tab and click on “Withdraw”. {Sumokoin (SUMO)|(SUMO) Sumokoin} can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate {Sumokoin (SUMO)|(SUMO) Sumokoin} by using the given drop-down box. Put into the amount of {Sumokoin (SUMO)|(SUMO) Sumokoin} you'd like to take off. Take into account the demonstrated fees/minimums. Also make sure you have entered your correct withdraw address.

When you're glad, click on “Submit”. You may be requested for email/phone verification before a withdrawal.

Congratulations! You've successfully bought and safed Sumokoin (SUMO) in Azerbaijan.

That's it!

Take offs from Crypto Trader can take between 1 – 30 minutes (rely on network usage). As soon as you have confirmed your take off with Ethplorer.io or Etherscan.io and the {Sumokoin (SUMO)|(SUMO) Sumokoin} is stored within your wallet, you are all done.

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