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 – {Transmit} Your {Bitcoin (BTC) or Ethereum (ETH)} to an {Exchange}

Your {Ethereum (ETH) or Bitcoin (BTC)} {has} to be sent over to an {Cryptocurrency Exchange} now. {Every exchange has} a deposit form that is {alike}. Blockstack (STX) is {available} on Binance, so {we're going to} use that as an {example}. {Not sure} on how to send {Coinbase funds} to an {Crypto Trader}? ({Just follow} {this guide})

Make sure {you've} {chosen} the {precise} coin you {want} to deposit.

{BTC} must be sent to a {Bitcoin} deposit address, {Ethereum} to an {Ethereum} deposit address, {et cetera}. {In the case} {you're} {working with} a decentralized exchange, {like} Airswap or DDEX could be {opposed} ({Just follow} {our how-to}).

Step 3 – {Find} Blockstack (STX)

{As soon as} your deposit has been {approved}, {you'll} {immediately} have access to your {finances} and you can {commence} {purchasing} and trading. To {buy} Blockstack (STX) on Binance, {you'll} want to {go to} the {tab which is called “Exchange”} and{} {mouse click} on “Basic”.

{To} {spot} Blockstack (STX), {you will} need to {insert} the {shortname of the coin} (STX) into the {search box}, which is {highlighted} in the {image}. {Be certain of having} {selected} the {correct} {grouping}, {we have} {marked} this {also}. Click on “STX/BTC” to {go ahead}.

Binance Hot To Buy Blockstack (STX)
Binance How to Buy (STX) Blockstack
Step 4 – {Purchasing} Blockstack (STX)

{After} {you have} {discovered} Blockstack (STX), {you will} be {presented with} a {Price Chart} (in the Center of the {picture}) and {some} Order Books ({on the Left} of the {picture}). {And now} {we're} {creating} our{} Limit Order.

The {field with the “Price” tag} will be {automatically filled} with the{ most} {recent} {price} Blockstack (STX) was {sold} for. {You can change this} to your {preferred} {price}. The {field with the “Amount” tag} is the {quantity} of STX you {wish} to {purchase}. The {field with the “Total” tag} is the {whole} price in {Bitcoin} that {you will} {settle} for the {whole} {amount} of STX.

{If} {you are} {glad}, {make a mouse click} on “Buy STX”. Your {order} will be filled {as soon as} a {Vender} {sells} their STX for the price you {introduced}.

Step 5 – Withdraw Blockstack (STX)

Unless {you're}{ regularly} trading, {best advise is not to keep your} {coins} on an {Exchange} for an {extensive} {time period}. {To} {withdraw} your Blockstack (STX), {go to} the {”Funds” tab} and {click} on “Withdraw”. Blockstack (STX) can be {securely stored} using a Wallet, {for example} MyEtherWallet. (MyEtherWallet Setup Guide)

{Find} Blockstack (STX) by using the {provided} drop-down box. {Put into} the {amount} of Blockstack (STX) {you would} {wish} to {take off}. {Don't forget} the {displayed} {fees/minimums}. Also make sure you have {filled} your {precise} withdraw address.

{When} {you're} {glad}, {click} “Submit”. You {may} be {requested} for {verfication via email/phone} {ahead of} a {withdrawal}.

Binance Withdraw

{Kudos}! {You've} successfully {bought} and {safed} Blockstack (STX).

That's it!

{Withdrawals} from {Crypto Trader} can {durate} {between} 1 – 30 minutes ({depending} on {network usage}). {Once} {you've} {confirmed} your {take off} {with} {Etherscan.io or Ethplorer.io} and the (STX) Blockstack is {stored} {inside} your wallet, {you are} {all done}.
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