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).
Step 2 – Send Your Ethereum (ETH) or Bitcoin (BTC) to an Cryptocurrency Exchange Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. Blockstack (STX) is obtainable on Binance, so we will use that as an example. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this manual) Make sure you have selected the precise coin you would like to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so on. If you're using a decentralized exchange, like Airswap or DDEX could be opposed (Follow these easy steps).
Step 3 – Locate Blockstack (STX) As soon as your deposit has been confirmed, you'll directly have access to your funds and you can launch purchasing and trading. To buy Blockstack (STX) on Binance, you'll want to hover over the ”Exchange” tab and then click on “Basic”. To discover Blockstack (STX), you'll need to insert the cointype (STX) into the search box, which is highlighted in the image. Be certain of having selected the right grouping, we have highlighted this also. Click on “STX/BTC” to advance.
Step 4 – Acquisition of Blockstack (STX) After you've located Blockstack (STX), you will be given a Price Chart (in the Center of the picture) and some Order Books (on the Left of the picture). And now we are going to create our Limit Order. The field with the “Price” tag will be filled with the most up-to-date tariff Blockstack (STX) was traded for. You can change this to your favoured price. The ”Amount” field is the volumen of STX you like to buy. The field with the “Total” tag is the whole price in Bitcoin that you will pay for the whole volumen of STX. If you are glad, click on “Buy STX”. Your order will be filled as soon as a Vender sells their STX for the price you offered.
Step 5 – Withdraw Blockstack (STX) Unless you are frequently trading, best advise is not to keep crypto coins on an Crypto Trader for an longer time frame. In order to take off your Blockstack (STX), go to the tab called “Funds” and click on “Withdraw”. Blockstack (STX) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Blockstack (STX) by using the given drop-down box. Enter the volumen of Blockstack (STX) you would like to take off. Take into account the shown fees/minimums. Also make sure you have entered your correct withdraw address. When you are satisfied, make a mouse click on “Submit”. You could be asked for verfication via phone/email before a take off.