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 Bitcoin or Ethereum to an Cryptocurrency Exchange

Your Ethereum or Bitcoin will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is identical. Blockstack (STX) is available on Binance, so we're going to use that as an example. Unsure on how to send Coinbase funds to an Crypto Trader? (Just follow this guide)

Make sure you have selected the right coin you wish to deposit.

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so forth. If you are working with a decentralized exchange, like Airswap or DDEX could be divergent (Follow our guide).

Step 3 – Locate Blockstack (STX)

Once your deposit has been approved, you will immediately have access to your funds and you can initiate purchasing and trading. To purchase Blockstack (STX) on Binance, you will want to hover over the ”Exchange” tab and then click on “Basic”.

To locate Blockstack (STX), you will need to insert the shortname of the coin (STX) into the search-box, which is highlighted in the picture. Be certain of having choosen the right pairing, we have marked this also. Click on “STX/BTC” to go on.

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

Once you've discovered Blockstack (STX), you will be presented with a Price Chart (in the Center of the image) and some Order Books (on the Left of the picture). For now we are going to create our own Limit Order.

The ”Price” field will be automatically filled with the most up-to-date price Blockstack (STX) was traded for. This can be changed to your desired price. The field with the “Amount” tag is the amount of STX you want to buy. The ”Total” field is the aggregated price in Bitcoin that you'll pay for the whole quantity of STX.

If you're glad, make a mouse click on “Buy STX”. Your plan will be filled when a Vendor sells their STX for the price you gave.

Step 5 – Withdraw Blockstack (STX)

Unless you're frequently trading, best advise is not to keep crypto on an Crypto Trader for an extensive time period. To withdraw your Blockstack (STX), go to the tab called “Funds” and mouse click on “Withdraw”. Blockstack (STX) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find Blockstack (STX) by using the given drop-down box. Enter the amount of Blockstack (STX) you would wish to withdraw. Don't forget the presented fees/minimums. Also make sure you have entered your precise withdraw address.

When you are happy, click on “Submit”. You could be requested for phone/email verification ahead of a withdrawal.

Binance Withdraw

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

That's it!

Withdrawals from Crypto Exchange can durate between 1 – 30 minutes (depending on network usage). As soon as you've confirmed your withdrawal with Ethplorer.io or Etherscan.io and the (STX) Blockstack is safe in your wallet, you're all done.

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