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).

Step 2 – Transfer Your Ethereum or Bitcoin to an Exchange

Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is identical. Blocknet (BLOCK) is accessible on Binance, so we will use that as an illustration. Unsure on how to send Coinbase funds to an Crypto Trader? (Just follow this guide)

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

BTC must be sent to a BTC deposit address, ETH to an Ethereum deposit address, etcetera. In the case you are dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our guide).

Step 3 – Locate Blocknet (BLOCK)

Once your deposit has been affirmed, you'll directly have access to your funds and you can start buying and trading. To invest in Blocknet (BLOCK) on Binance, you will want to hover over the ”Exchange” tab and then mouse click on “Basic”.

To discover Blocknet (BLOCK), you'll need to insert the cointype (BLOCK) into the search-box, which is highlighted in the graphic. Make sure you have selected the correct pairing, we have marked this too. Click on “BLOCK/BTC” to proceed.

Step 4 – Acquisition of Blocknet (BLOCK)

Once you have discovered Blocknet (BLOCK), you will be presented with a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). For now we are making our own Limit Order.

The ”Price” field will be filled with the most up-to-date rate Blocknet (BLOCK) was traded for. You can change this to your favoured rate. The field with the “Amount” tag is the volumen of BLOCK you want to purchase. The ”Total” field is the total price in Bitcoin that you'll pay for the complete volumen of BLOCK.

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

Step 5 – Withdraw Blocknet (BLOCK)

Unless you are regularly trading, you should never keepyour crypto coins on an Crypto Exchange for an longer time period. To take off your Blocknet (BLOCK), hover over the ”Funds” tab and mouse click on “Withdraw”. Blocknet (BLOCK) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Blocknet (BLOCK) by using the provided drop-down box. Put into the volumen of Blocknet (BLOCK) you would wish to take off. Take into account the displayed minimus/fees. Also make sure you have entered your correct withdraw address.

If you're glad, click “Submit”. You may be requested for phone/email verification ahead of a withdrawal.