How to Buy THORChain (RUNE) in Azerbaijan

A Step-by-Step-Guide on how to buy THORChain (RUNE) in Azerbaijan

Step 1 – Join Coinbase – Get Free $10

You'll first need to buy one of the major coins. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Click the button below for registration and to get your first $10.

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

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

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

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

Step 3 – Locate {THORChain (RUNE)|(RUNE) THORChain}

Once your deposit has been confirmed, you will directly have access to your funds and you can initiate purchasing and trading. To buy {THORChain (RUNE)|(RUNE) THORChain} on Binance, you will want to hover over the ”Exchange” tab and then mouse click on “Basic”.

In order to locate {THORChain (RUNE)|(RUNE) THORChain}, you will need to insert the cointype (RUNE) into the search box, which is highlighted in the graphic. Be certain of having choosen the proper pairing, we have highlighted this too. Click on “RUNE/BTC” to go ahead.

{How to buy Coin on Binance 1|Binance How To Buy 1} THORChain (RUNE)
Step 4 – Purchasing {THORChain (RUNE)|(RUNE) THORChain}

As soon as you have spotted {THORChain (RUNE)|(RUNE) THORChain}, you will be given a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). For now we are going to make our own Limit Order.

The field with the “Price” tag will be filled with the recent price {THORChain (RUNE)|(RUNE) THORChain} was traded for. This can be changed to your desired price. The field with the “Amount” tag is the volumen of RUNE you like to purchase. The field with the “Total” tag is the total price in BTC that you will pay for the whole volumen of RUNE.

When you are happy, click on “Buy RUNE”. Your order will be filled when a Vender trades their RUNE for the price you submitted.

Step 5 – Withdraw {THORChain (RUNE)|(RUNE) THORChain}

Unless you're trading, never keep your coins on an Crypto Exchange for an longer period of time. To take off your {THORChain (RUNE)|(RUNE) THORChain}, hover over the ”Funds” tab and mouse click on “Withdraw”. {THORChain (RUNE)|(RUNE) THORChain} can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find {THORChain (RUNE)|(RUNE) THORChain} by using the provided drop-down box. Enter the volumen of {THORChain (RUNE)|(RUNE) THORChain} you would like to take off. Don't forget the displayed fees/minimums. Also make sure you have filled your correct withdraw address.

If you're happy, make a mouse click on “Submit”. You could be asked for phone/email verification before a withdrawal.

Congrats! You have successfully purchased and stored THORChain (RUNE) in Azerbaijan.

That's it!

Withdrawals from Crypto Exchange can durate between 1 – 30 minutes (depending on network usage). Once you have proved your withdrawal using Ethplorer.io or Etherscan.io and the {THORChain (RUNE)|(RUNE) THORChain} is stored within your wallet, you are done.

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