A Step-by-Step-Guide on how to buy BlackCoin (BLK)
Step 1 – Join Coinbase and get 10$ for free You will first need to buy units of the major coins. Exchanges normally accept either Bitcoin or Ethereum in exchange for Altcoins. Follow the Link below to register and to get your first 10$.
Step 2 – Transmit Your Ethereum or Bitcoin to an Exchange Your Bitcoin or Ethereum has to be sent over to an Exchange now. All exchanges have a deposit form that is similar. BlackCoin (BLK) is obtainable on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Exchange? (Just follow this how-to) Make sure you have 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 on. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our manual).
Step 3 – Locate (BLK) BlackCoin Once your deposit has been affirmed, you'll instantly have access to your funds and you can start buying and trading. To buy (BLK) BlackCoin on Binance, you'll want to hover over the ”Exchange” tab and after that click on “Basic”. In order to spot (BLK) BlackCoin, you'll need to insert the short name of the asset (BLK) into the search-box, which is highlighted in the picture. Be certain of having choosen the proper pairing, we have highlighted this too. Click on “BLK/BTC” to advance.
Step 4 – Buy (BLK) BlackCoin After you've located (BLK) BlackCoin, you will be presented with a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the image). Next we're creating our own Limit Order. The field with the “Price” tag will be filled with the most up-to-date price (BLK) BlackCoin was sold for. You can change this to your favoured rate. The ”Amount” field is the amount of BLK you want to buy. The field with the “Total” tag is the total price in Bitcoin that you'll settle for the complete amount of BLK. When you are glad, make a mouse click on “Buy BLK”. Your plan will be filled when a Vender trades their BLK for the price you introduced.
Step 5 – Withdraw BlackCoin (BLK) Unless you are trading, never keep your crypto on an Crypto Trader for an extended period of time. In order to take off your BlackCoin (BLK), hover over the ”Funds” tab and click on “Withdraw”. BlackCoin (BLK) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find BlackCoin (BLK) by using the given drop-down box. Put into the quantity of BlackCoin (BLK) you would wish to take off. Don't forget the presented fees/minimums. Also make sure you have entered your right withdraw address. If you are glad, click “Submit”. You could be asked for verfication via phone/email before a withdrawal.