A Step-by-Step-Guide on how to buy Blockstack (STX)
Step 1 – Join Coinbase and get 10$ for free You will first need to buy one of the bigger currencies. Exchanges usually accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Follow the Link below for registration and receive your first 10 Dollar.
Step 2 – Send Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Exchange Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is alike. Blockstack (STX) is accessible on Binance, so we're going to use that as an sample. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this how-to) Make sure you've selected the right coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etc. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be different (Just follow our guide).
Step 3 – Find Blockstack (STX) As soon as your deposit has been confirmed, you will immediately have access to your assets and you can commence purchasing and trading. To purchase Blockstack (STX) on Binance, you will want to hover over the tab which is called “Exchange” and mouse click on “Basic”. In order to discover Blockstack (STX), you will need to insert the shortname of the coin (STX) into the search-box, which is highlighted in the graphic. Make sure you have selected the proper pairing, we have highlighted this too. Click on “STX/BTC” to advance.
Step 4 – Purchase Blockstack (STX) After you have located Blockstack (STX), you'll be presented with a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). And now we're making our Limit Order. The field with the “Price” tag will be filled with the most up-to-date valuation Blockstack (STX) was sold for. This can be changed to your preferred price. The field with the “Amount” tag is the quantity of STX you wish to purchase. The ”Total” field is the whole price in Bitcoin that you'll settle for the complete quantity of STX. If you're glad, click on “Buy STX”. Your order will be filled as soon as a Seller trades their STX for the price you offered.
Step 5 – Withdraw Blockstack (STX) Unless you are regularly trading, never keep your crypto on an Crypto Exchange for an extensive time period. In order to withdraw your Blockstack (STX), hover over 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. Drop in the amount of Blockstack (STX) you'd wish to withdraw. Take into account the demonstrated fees/minimums. Also make sure you have entered your correct withdraw address. When you are glad, make a mouse click on “Submit”. You may be asked for phone/email verification before a take off.