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 Bitcoin or Ethereum to an Exchange

Your Bitcoin or Ethereum has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. Blocknet (BLOCK) is accessible on Binance, so we're going to use that as an illustration. Unsure on how to send funds from Coinbase to an Crypto Trader? (Follow these easy steps)

Make sure you have chosen the precise coin you want to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an ETH deposit address, etcetera. If you're using a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our guide).

Step 3 – Locate Blocknet (BLOCK)

As soon as your deposit has been confirmed, you'll instantly have access to your funds and you can begin invest and trading. To invest in Blocknet (BLOCK) on Binance, you will want to hover over the ”Exchange” tab and then click on “Basic”.

In order to find Blocknet (BLOCK), you will need to put the cointype (BLOCK) into the search box, which is highlighted in the graphic. Be certain of having choosen the correct grouping, we've marked this too. Click on “BLOCK/BTC” to go on.

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

After 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 image). And now we're going to make our own Limit Order.

The ”Price” field will be automatically filled with the most recent valuation Blocknet (BLOCK) was traded for. You can change this to your preferred price. The field with the “Amount” tag is the volumen of BLOCK you like to purchase. The field with the “Total” tag is the whole price in Bitcoin that you'll pay for the complete volumen of BLOCK.

If you're happy, make a mouse click on “Buy BLOCK”. Your plan will be filled as soon as a Vendor sells their BLOCK for the price you introduced.

Step 5 – Withdraw Blocknet (BLOCK)

Unless you are frequently trading, you should never keepyour crypto on an 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 safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Blocknet (BLOCK) by using the provided drop-down box. Put into the volumen of Blocknet (BLOCK) you'd like to withdraw. Don't forget the presented fees/minimums. Also make sure you have filled your correct withdraw address.

If you're happy, click “Submit”. You could be requested for verfication via email/phone before a take off.

Binance Withdraw

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

That's it!

Withdrawals from Exchange can take between 1 – 30 minutes (rely on network usage). Once you have confirmed your withdrawal using Etherscan.io or Ethplorer.io and the (BLOCK) Blocknet is stored in your wallet, you are done.

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