How to Buy Blakecoin (BLC)

A Step-by-Step-Guide on how to buy Blakecoin (BLC)

Step 1 – Signup to Kraken

You'll first need to buy units of the major currencies. Exchanges commonly accept either Ethereum or Bitcoin in exchange for alternative Coins. Click below for registration and to get ETH (Ethereum) or BTC (Bitcoin).

Binance Signup
Step 2 – Transfer Your Ethereum or Bitcoin to an Crypto Exchange

Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is identical. Blakecoin (BLC) is obtainable on Binance, so we're going to use that as an example. Unsure on how to send Coinbase funds to an Crypto Exchange? (Follow these easy steps)

Make sure you have selected the correct coin you want to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so forth. If you're using a decentralized exchange, like Airswap or DDEX could be opposed (Follow our how-to).

Step 3 – Locate Blakecoin (BLC)

As soon as your deposit has been confirmed, you'll directly have access to your finances and you can start buying and trading. To buy Blakecoin (BLC) on Binance, you'll want to hover over the ”Exchange” tab and after that mouse click on “Basic”.

To discover Blakecoin (BLC), you'll need to insert the cointype (BLC) into the search box, which is highlighted in the picture. Be certain of having selected the correct grouping, we've highlighted this too. Click on “BLC/BTC” to advance.

Binance Hot To Buy Blakecoin (BLC)
Binance How to Buy (BLC) Blakecoin
Step 4 – Acquisition of Blakecoin (BLC)

As soon as you've found Blakecoin (BLC), you'll be presented with a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). For now we're going to create our own Limit Order.

The field with the “Price” tag will be automatically filled with the most up-to-date price Blakecoin (BLC) was traded for. This can be changed to your favoured price. The ”Amount” field is the quantity of BLC you like to buy. The ”Total” field is the aggregated price in BTC that you'll pay for the whole quantity of BLC.

If you're glad, click on “Buy BLC”. Your plan will be filled when a Vendor sells their BLC for the price you gave.

Step 5 – Withdraw Blakecoin (BLC)

Unless you're regularly trading, best advise is not to keep crypto on an Crypto Trader for an extensive period of time. To take off your Blakecoin (BLC), hover over the ”Funds” tab and click on “Withdraw”. Blakecoin (BLC) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Blakecoin (BLC) by using the given drop-down box. Put into the volumen of Blakecoin (BLC) you'd like to take off. Take into account the shown fees/minimums. Also make sure you have entered your precise withdraw address.

If you're glad, click on “Submit”. You may be asked for verfication via email/phone ahead of a withdrawal.

Binance Withdraw

Congratulations! You've successfully bought and stored Blakecoin (BLC).

That's it!

Take offs from Crypto Exchange can take anywhere from 1 – 30 minutes (depending on usage of the network). Once you have proved your take off using Etherscan.io or Ethplorer.io and the (BLC) Blakecoin is stored in your wallet, you're finished.

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