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 – Send Your Ethereum (ETH) or Bitcoin (BTC) to an Exchange

Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is identical. Blocknet (BLOCK) is obtainable on Binance, so we will use that as an illustration. Not sure on how to send funds from Coinbase to an Crypto Trader? (Follow this manual)

Make sure you've selected the right coin you want to deposit.

Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, etc. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our how-to).

Step 3 – Find Blocknet (BLOCK)

As soon as your deposit has been confirmed, you will instantly have access to your assets and you can initiate buying and trading. To purchase Blocknet (BLOCK) on Binance, you will want to hover over the tab which is called “Exchange” and after that click on “Basic”.

To find Blocknet (BLOCK), you will need to put the short name of the asset (BLOCK) into the search box, which is marked in the graphic. Make sure you have selected the correct pairing, we've marked this also. Click on “BLOCK/BTC” to continue.

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

Once you've spotted Blocknet (BLOCK), you'll be given a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the picture). And now we are going to make our own Limit Order.

The field with the “Price” tag will be automatically filled with the most latest rate Blocknet (BLOCK) was traded for. This can be changed to your desired rate. The ”Amount” field is the volumen of BLOCK you want to buy. The field with the “Total” tag is the aggregated price in BTC that you will pay for the complete quantity of BLOCK.

If you're glad, make a mouse click on “Buy BLOCK”. Your plan will be filled when a Vender trades their BLOCK for the price you submitted.

Step 5 – Withdraw Blocknet (BLOCK)

Unless you are regularly trading, best advise is not to keep your coins on an Crypto Exchange for an extended period of time. In order to take off your Blocknet (BLOCK), go to the ”Funds” tab and click on “Withdraw”. Blocknet (BLOCK) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Blocknet (BLOCK) by using the provided drop-down box. Enter the amount of Blocknet (BLOCK) you'd like to take off. Don't forget the presented fees/minimums. Also make sure you have entered your precise withdraw address.

When you are satisfied, click “Submit”. You may be asked for email/phone verification ahead of a take off.

Binance Withdraw

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

That's it!

Take offs from Exchange can take anywhere from 1 – 30 minutes (depending on network usage). As soon as you've confirmed your withdrawal using Etherscan.io or Ethplorer.io and the (BLOCK) Blocknet is safe inside your wallet, you are all done.

Some other Guides on How to buy Coins

How to Buy Silent Notary
How to Buy Thingschain
How to Buy Coins
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