How to Buy Blocknet (BLOCK)

A Step-by-Step-Guide on how to buy Blocknet (BLOCK)

Step 1 – Signup to Kraken

You will first need to buy units of the bigger coins. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click the button below for registration and to get Ethereum (ETH) or Bitcoin (BTC).

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

Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. Blocknet (BLOCK) is accessible on Binance, so we will use that as an example. Unsure on how to send funds from Coinbase to an Crypto Trader? (Just follow these easy steps)

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

Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, etcetera. If you're using a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our guide).

Step 3 – Find Blocknet (BLOCK)

As soon as your deposit has been approved, you'll immediately have access to your assets and you can begin buying and trading. To buy Blocknet (BLOCK) on Binance, you'll want to hover over the ”Exchange” tab and after that click on “Basic”.

To discover Blocknet (BLOCK), you'll need to insert the cointype (BLOCK) into the search box, which is highlighted in the image. Make sure you have choosen the proper pairing, we have marked this also. Click on “BLOCK/BTC” to go on.

Binance Hot To Buy Blocknet (BLOCK)
Binance How to Buy (BLOCK) Blocknet
Step 4 – Purchase Blocknet (BLOCK)

Once you've located Blocknet (BLOCK), you will be presented with a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the image). For now we are creating our own Limit Order.

The field with the “Price” tag will be automatically filled with the most up-to-date valuation Blocknet (BLOCK) was sold for. This can be changed to your favoured price. The field with the “Amount” tag is the volumen of BLOCK you want to buy. The field with the “Total” tag is the whole price in Bitcoin that you'll pay for the whole amount of BLOCK.

If you are happy, click on “Buy BLOCK”. Your plan will be filled as soon as a Vender sells their BLOCK for the price you introduced.

Step 5 – Withdraw Blocknet (BLOCK)

Unless you are frequently trading, never keep your crypto on an Crypto Trader for an extended time period. In order to withdraw your Blocknet (BLOCK), hover over the tab called “Funds” and click on “Withdraw”. Blocknet (BLOCK) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find Blocknet (BLOCK) by using the given drop-down box. Enter the quantity of Blocknet (BLOCK) you'd wish to withdraw. Don't forget the displayed fees/minimums. Also make sure you have entered your precise withdraw address.

If you're satisfied, make a mouse click on “Submit”. You could be requested for phone/email verification before a take off.

Binance Withdraw

Kudos! You have successfully purchased and safed Blocknet (BLOCK).

That's it!

Take offs from Exchange can take between 1 – 30 minutes (depending on usage of the network). Once you have proved your take off using Ethplorer.io or Etherscan.io and the (BLOCK) Blocknet is safe inside your wallet, you are all done.

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