How to Buy Blockstack (STX)

A Step-by-Step-Guide on how to buy Blockstack (STX)

Step 1 – Signup to Kraken

You will first need to purchase units of the major currencies. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Click below to register and getting Bitcoin (BTC) or Ethereum (ETH).

Binance Signup
Step 2 – Send Your Ethereum or Bitcoin to an Cryptocurrency Exchange

Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. Blockstack (STX) is obtainable on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow these easy steps)

Make sure you've chosen the correct coin you wish to deposit.

BTC must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, and so forth. In the case you are using a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our manual).

Step 3 – Locate Blockstack (STX)

As soon as your deposit has been confirmed, you will directly have access to your assets and you can start buying and trading. To invest in Blockstack (STX) on Binance, you will want to go to the ”Exchange” tab and after that mouse click on “Basic”.

To locate Blockstack (STX), you will need to put the shortname of the coin (STX) into the search box, which is highlighted in the picture. Be certain of having selected the proper grouping, we've highlighted this too. Click on “STX/BTC” to progress.

Binance Hot To Buy Blockstack (STX)
Binance How to Buy (STX) Blockstack
Step 4 – Purchase Blockstack (STX)

As soon as you have spotted Blockstack (STX), you'll be given a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the image). And now we are going to create our own Limit Order.

The ”Price” field will be filled with the most recent tariff Blockstack (STX) was sold for. This can be changed to your desired rate. The field with the “Amount” tag is the volumen of STX you like to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you'll settle for the complete volumen of STX.

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

Step 5 – Withdraw Blockstack (STX)

Unless you are frequently trading, never keep your coins on an Exchange for an longer time period. To take off your Blockstack (STX), hover over the ”Funds” tab and mouse click on “Withdraw”. Blockstack (STX) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Blockstack (STX) by using the given drop-down box. Put into the amount of Blockstack (STX) you would like to take off. Don't forget the displayed fees/minimums. Also make sure you have filled your right withdraw address.

When you're happy, make a mouse click on “Submit”. You could be requested for email/phone verification ahead of a take off.

Binance Withdraw

Kudos! You have successfully purchased and stored Blockstack (STX).

That's it!

Withdrawals from Crypto Trader can take anywhere from 1 – 30 minutes (depending on usage of the network). Once you have confirmed your withdrawal with Etherscan.io or Ethplorer.io and the (STX) Blockstack is safe inside your wallet, you are all done.
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