A Step-by-Step-Guide on how to buy Blox (CDT)
Step 1 – Signup to CEX.io In the beginning you'll need to purchase one of the bigger coins. Exchanges usually accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Click the button below to register and receive BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Send Your ETH (Ethereum) or BTC (Bitcoin) to an Exchange Your Bitcoin or Ethereum has to be sent over to an Exchange now. Every exchange has a deposit form that is alike. Blox (CDT) is accessible on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Exchange? (Follow this guide) Make sure you have selected the precise coin you wish to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so on. In the case you are using a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our how-to).
Step 3 – Locate Blox (CDT) Once your deposit has been verified, you'll directly have access to your assets and you can initiate buying and trading. To purchase Blox (CDT) on Binance, you'll want to hover over the tab which is called “Exchange” and then mouse click on “Basic”. To find Blox (CDT), you'll need to insert the shortname of the coin (CDT) into the search-box, which is highlighted in the image. Be certain of having choosen the correct pairing, we've highlighted this also. Click on “CDT/BTC” to go ahead.
Step 4 – Buy Blox (CDT) After you have found Blox (CDT), you'll 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 are going to create our own Limit Order. The ”Price” field will be automatically filled with the latest rate Blox (CDT) was traded for. You can change this to your preferred price. The field with the “Amount” tag is the quantity of CDT you want to buy. The ”Total” field is the whole price in BTC that you'll pay for the complete quantity of CDT. When you're happy, click on “Buy CDT”. Your plan will be filled when a Vendor trades their CDT for the price you gave.
Step 5 – Withdraw Blox (CDT) Unless you are frequently trading, best advise is not to keep your coins on an Crypto Exchange for an longer time frame. In order to take off your Blox (CDT), hover over the tab called “Funds” and click on “Withdraw”. Blox (CDT) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Blox (CDT) by using the given drop-down box. Enter the amount of Blox (CDT) you would wish to take off. Take into account the demonstrated minimus/fees. Also make sure you have entered your correct withdraw address. When you are glad, make a mouse click on “Submit”. You could be asked for verfication via email/phone before a withdrawal.