How to Buy VideoCoin (VID) in Azerbaijan

A Step-by-Step-Guide on how to buy VideoCoin (VID) in Azerbaijan

Step 1 – Join Coinbase – Get Free $10

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

Binance Signup
Step 2 – Transfer Your Ethereum or Bitcoin to an Cryptocurrency Exchange

Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is similar. VideoCoin (VID) is accessible on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow these easy steps)

Make sure you've chosen the precise coin you wish to deposit.

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so forth. If you are using a decentralized exchange, like Airswap or DDEX could be unlike (Follow our manual).

Step 3 – Locate {VideoCoin (VID)|(VID) VideoCoin}

Once your deposit has been confirmed, you'll instantly have access to your finances and you can commence buying and trading. To buy {VideoCoin (VID)|(VID) VideoCoin} on Binance, you'll want to hover over the ”Exchange” tab and then click on “Basic”.

To find {VideoCoin (VID)|(VID) VideoCoin}, you'll need to put the shortname of the coin (VID) into the search-box, which is highlighted in the image. Make sure you have selected the right pairing, we have highlighted this too. Click on “VID/BTC” to continue.

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

After you've discovered {VideoCoin (VID)|(VID) VideoCoin}, you'll be presented with a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). Next we're creating our own Limit Order.

The field with the “Price” tag will be filled automatically with the most recent tariff {VideoCoin (VID)|(VID) VideoCoin} was traded for. This can be changed to your favoured price. The ”Amount” field is the volumen of VID you wish to purchase. The ”Total” field is the whole price in BTC that you will pay for the whole volumen of VID.

If you're satisfied, make a mouse click on “Buy VID”. Your order will be filled as soon as a Seller trades their VID for the price you gave.

Step 5 – Withdraw {VideoCoin (VID)|(VID) VideoCoin}

Unless you're frequently trading, best advise is not to keep crypto on an Exchange for an extended period of time. In order to take off your {VideoCoin (VID)|(VID) VideoCoin}, hover over the tab called “Funds” and mouse click on “Withdraw”. {VideoCoin (VID)|(VID) VideoCoin} can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate {VideoCoin (VID)|(VID) VideoCoin} by using the given drop-down box. Drop in the quantity of {VideoCoin (VID)|(VID) VideoCoin} you would like to take off. Don't forget the presented minimus/fees. Also make sure you have filled your precise withdraw address.

When you're happy, click on “Submit”. You could be requested for email/phone verification before a take off.

Kudos! You have successfully bought and stored VideoCoin (VID) in Azerbaijan.

That's it!

Withdrawals from Crypto Exchange can durate between 1 – 30 minutes (depending on usage of the network). Once you've confirmed your withdrawal using Ethplorer.io or Etherscan.io and the {VideoCoin (VID)|(VID) VideoCoin} is stored in your wallet, you're finished.

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