How to Buy Monero (XMR) in Azerbaijan

A Step-by-Step-Guide on how to buy Monero (XMR) in Azerbaijan

Paso 1 – Join CoinbaseGet Free $10

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

Paso 2 – Transmit Your Bitcoin (BTC) o Ethereum (ETH) to an Exchange

Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. Monero (XMR) is available on Binance, so we're going to use that as an sample. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this how-to)

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

BTC must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etcetera. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our guide).

Paso 3 – Find (XMR) Monero

Tan pronto como se haya verificado su depósito, you will instantly have access to your finances and you can launch invest and trading. To invest in (XMR) Monero on Binance, you will want to hover over the “Intercambiar” tab and then click on “Básico”.

To spot (XMR) Monero, you will need to put the shortname of the coin (XMR) en el cuadro de búsqueda, which is marked in the picture. Be certain of having selected the right grouping, we have highlighted this also. Haga clic en “XMR/BTCto advance.

Paso 4 – Buying Monero (XMR)

As soon as you've located Monero (XMR), you'll be given a Chart with Prices (in the Center of the picture) y algunos libros de pedidos (a la izquierda de la imagen). Next we're going to make our own Limit Order.

los “Precio” field will be filled automatically with the recent valuation Monero (XMR) was sold for. This can be changed to your favoured price. El campo con el “Cantidad” tag is the amount of XMR you like to purchase. los “Total” field is the total price in Bitcoin that you will pay for the whole quantity of XMR.

When you are satisfied, make a mouse click onBuy XMR”. Your order will be filled as soon as a Vender trades their XMR for the price you offered.

Paso 5 – Retirar (XMR) Monero

Unless you're regularly trading, never keep your crypto on an Crypto Exchange for an extended period of time. To withdraw your Monero (XMR), hover over the tab called “Fondos” y haga clic con el mouse en “Retirar”. (XMR) Monero can be stored securely using a Wallet, for instance MyEtherWallet. (Guía de configuración de MyEtherWallet)

Locate Monero (XMR) utilizando el cuadro desplegable proporcionado. Enter the amount of Monero (XMR) you would wish to take off. Don't forget the displayed fees/minimums. También asegúrese de haber ingresado su dirección de retiro correcta.

Si eres feliz, make a mouse click on “Enviar”. You could be asked for email/phone verification before a withdrawal.

Congratulations! You've successfully purchased and stored (XMR) Monero in Azerbaijan.

Eso es!

Take offs from Cryptocurrency Exchange can durate anywhere from 1 – 30 minutos (dependiendo del uso de la red). Once you have proved your withdrawal with Etherscan.io or Ethplorer.io and the (XMR) Monero is stored inside your wallet, you are done.