How to Buy YFI Paprika (YFIP) in Azerbaijan

A Step-by-Step-Guide on how to buy YFI Paprika (YFIP) in Azerbaijan

Step 1 – Join Coinbase and recieve 10$ for free

You will first need to buy units of the major coins. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Click below for registration and receive your welcome $10.

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

Your Bitcoin or Ethereum has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. YFI Paprika (YFIP) is available on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow these easy steps)

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

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

Step 3 – Find {YFI Paprika (YFIP)|(YFIP) YFI Paprika}

Once your deposit has been approved, you'll directly have access to your assets and you can initiate invest and trading. To invest in {YFI Paprika (YFIP)|(YFIP) YFI Paprika} on Binance, you'll want to hover over the tab which is called “Exchange” and then mouse click on “Basic”.

To find {YFI Paprika (YFIP)|(YFIP) YFI Paprika}, you'll need to insert the short name of the asset (YFIP) into the search box, which is marked in the graphic. Make sure you have selected the correct pairing, we've marked this also. Click on “YFIP/BTC” to continue.

{How to buy Coin on Binance 1|Binance How To Buy 1} YFI Paprika (YFIP)
Step 4 – Buy {YFI Paprika (YFIP)|(YFIP) YFI Paprika}

After you've found {YFI Paprika (YFIP)|(YFIP) YFI Paprika}, you will be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). Next we're making our own Limit Order.

The field with the “Price” tag will be automatically filled with the most recent tariff {YFI Paprika (YFIP)|(YFIP) YFI Paprika} was traded for. You can change this to your preferred rate. The ”Amount” field is the amount of YFIP you like to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you will pay for the complete amount of YFIP.

When you are glad, click on “Buy YFIP”. Your order will be filled as soon as a Seller trades their YFIP for the price you offered.

Step 5 – Withdraw {YFI Paprika (YFIP)|(YFIP) YFI Paprika}

Unless you're regularly trading, you should never keepyour coins on an Crypto Exchange for an longer time frame. In order to withdraw your {YFI Paprika (YFIP)|(YFIP) YFI Paprika}, go to the tab called “Funds” and click on “Withdraw”. {YFI Paprika (YFIP)|(YFIP) YFI Paprika} can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find {YFI Paprika (YFIP)|(YFIP) YFI Paprika} by using the provided drop-down box. Drop in the volumen of {YFI Paprika (YFIP)|(YFIP) YFI Paprika} you'd wish to withdraw. Take into account the presented minimus/fees. Also make sure you have entered your right withdraw address.

If you're satisfied, click “Submit”. You may be requested for verfication via phone/email ahead of a take off.

Kudos! You have successfully bought and stored YFI Paprika (YFIP) in Azerbaijan.

That's it!

Take offs from Cryptocurrency Exchange can take between 1 – 30 minutes (rely on usage of the network). Once you've proved your withdrawal with Ethplorer.io or Etherscan.io and the {YFI Paprika (YFIP)|(YFIP) YFI Paprika} is stored inside your wallet, you are finished.

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