How to Buy yAxis (YAX) in Azerbaijan

A Step-by-Step-Guide on how to buy yAxis (YAX) in Azerbaijan

Step 1 – Join Coinbase and get 10$ for free

You'll first need to purchase one of the top-tier currencies. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Click below for registration and to get your first 10 Dollar.

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

Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. yAxis (YAX) is available on Binance, so we're going to use that as an illustration. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Follow this guide)

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

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etcetera. If you're dealing with a decentralized exchange, like Airswap or DDEX could be different (Follow our how-to).

Step 3 – Find {yAxis (YAX)|(YAX) yAxis}

Once your deposit has been confirmed, you will immediately have access to your finances and you can begin purchasing and trading. To invest in {yAxis (YAX)|(YAX) yAxis} on Binance, you will want to go to the tab which is called “Exchange” and after that click on “Basic”.

To find {yAxis (YAX)|(YAX) yAxis}, you will need to insert the shortname of the coin (YAX) into the search box, which is highlighted in the image. Make sure you have selected the correct pairing, we have highlighted this too. Click on “YAX/BTC” to go on.

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

Once you have found {yAxis (YAX)|(YAX) yAxis}, you will be given a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). And now we're going to create our own Limit Order.

The ”Price” field will be filled automatically with the most latest valuation {yAxis (YAX)|(YAX) yAxis} was sold for. This can be changed to your desired rate. The ”Amount” field is the amount of YAX you like to buy. The field with the “Total” tag is the total price in BTC that you will pay for the whole amount of YAX.

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

Step 5 – Withdraw {yAxis (YAX)|(YAX) yAxis}

Unless you're trading, best advise is not to keep your crypto coins on an Crypto Exchange for an extended time frame. To take off your {yAxis (YAX)|(YAX) yAxis}, go to the ”Funds” tab and click on “Withdraw”. {yAxis (YAX)|(YAX) yAxis} can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find {yAxis (YAX)|(YAX) yAxis} by using the given drop-down box. Enter the volumen of {yAxis (YAX)|(YAX) yAxis} you'd wish to take off. Don't forget the shown fees/minimums. Also make sure you have entered your right withdraw address.

If you're satisfied, make a mouse click on “Submit”. You may be asked for email/phone verification ahead of a withdrawal.

Kudos! You've successfully bought and stored yAxis (YAX) in Azerbaijan.

That's it!

Take offs from Exchange can take between 1 – 30 minutes (rely on usage of the network). As soon as you've proved your withdrawal with Etherscan.io or Ethplorer.io and the {yAxis (YAX)|(YAX) yAxis} is stored inside your wallet, you're all done.

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