How to Buy Zcash (ZEC) in Azerbaijan

A Step-by-Step-Guide on how to buy Zcash (ZEC) in Azerbaijan

Step 1 – Join Coinbase and get 10$ for free

In the beginning you'll need to purchase one of the top-tier coins. Exchanges normally accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Click below for registration and to get your welcome $10.

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

Your Bitcoin or Ethereum has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is similar. Zcash (ZEC) is obtainable on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Crypto Trader? (Follow this how-to)

Make sure you have chosen the right coin you wish to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, et cetera. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Follow our manual).

Step 3 – Locate {Zcash (ZEC)|(ZEC) Zcash}

As soon as your deposit has been confirmed, you'll directly have access to your assets and you can initiate buying and trading. To purchase {Zcash (ZEC)|(ZEC) Zcash} on Binance, you'll want to go to the ”Exchange” tab and then click on “Basic”.

In order to find {Zcash (ZEC)|(ZEC) Zcash}, you'll need to put the cointype (ZEC) into the search box, which is highlighted in the image. Be certain of having choosen the correct grouping, we've highlighted this too. Click on “ZEC/BTC” to progress.

{How to buy Coin on Binance 1|Binance How To Buy 1} Zcash (ZEC)
Step 4 – Buying {Zcash (ZEC)|(ZEC) Zcash}

After you have located {Zcash (ZEC)|(ZEC) Zcash}, you will be given a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). Next we are going to create our Limit Order.

The field with the “Price” tag will be filled with the latest rate {Zcash (ZEC)|(ZEC) Zcash} was traded for. This can be changed to your preferred rate. The ”Amount” field is the volumen of ZEC you like to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you will pay for the complete volumen of ZEC.

When you're glad, click on “Buy ZEC”. Your order will be filled as soon as a Vender sells their ZEC for the price you offered.

Step 5 – Withdraw {Zcash (ZEC)|(ZEC) Zcash}

Unless you are trading, best advise is not to keep coins on an Crypto Trader for an extended period of time. To take off your {Zcash (ZEC)|(ZEC) Zcash}, go to the ”Funds” tab and mouse click on “Withdraw”. {Zcash (ZEC)|(ZEC) Zcash} can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find {Zcash (ZEC)|(ZEC) Zcash} by using the provided drop-down box. Put into the volumen of {Zcash (ZEC)|(ZEC) Zcash} you'd wish to take off. Don't forget the shown minimus/fees. Also make sure you have filled your right withdraw address.

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

Congrats! You have successfully purchased and stored Zcash (ZEC) in Azerbaijan.

That's it!

Take offs from Exchange can take between 1 – 30 minutes (rely on usage of the network). Once you've confirmed your withdrawal with Ethplorer.io or Etherscan.io and the {Zcash (ZEC)|(ZEC) Zcash} is safe in your wallet, you are all done.

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