A Step-by-Step-Guide on how to buy BlackCoin (BLK)
Step 1 – Join Coinbase and recieve 10$ for free In the beginning you'll need to purchase units of the bigger currencies. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Follow the Link below to register and receive your first 10 Dollar.
Step 2 – Transfer Your Funds to an Cryptocurrency Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Exchange now. Every exchange has a deposit form that is identical. BlackCoin (BLK) is available on Binance, so we're going to use that as an sample. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this guide) Make sure you have chosen the precise coin you would like to deposit. BTC must be sent to a BTC deposit address, Ethereum to an ETH deposit address, and so on. If you are working with a decentralized exchange, like Airswap or DDEX could be unlike (Follow these easy steps).
Step 3 – Find BlackCoin (BLK) As soon as your deposit has been approved, you will immediately have access to your assets and you can commence purchasing and trading. To invest in (BLK) BlackCoin on Binance, you will want to hover over the “Exchange” tab and mouse click on “Basic”. To discover BlackCoin (BLK), you will need to put the cointype (BLK) into the search-box, which is marked in the image. Make sure you have selected the proper pairing, we have marked this too. Click on “BLK/BTC” to progress.
Step 4 – Buy BlackCoin (BLK) After you've located BlackCoin (BLK), you will be presented with a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the image). For now we're creating our own Limit Order. The “Price” field will be filled with the most recent tariff BlackCoin (BLK) was sold for. You can change this to your desired rate. The “Amount” field is the volumen of BLK you want to purchase. The field with the “Total” tag is the total price in BTC that you'll pay for the whole volumen of BLK. If you're glad, click on “Buy BLK”. Your plan will be filled when a Vender sells their BLK for the price you offered.
Step 5 – Withdraw BlackCoin (BLK) Unless you are frequently trading, you should never keepyour crypto coins on an Crypto Exchange for an longer period of time. In order to take off your BlackCoin (BLK), go to the “Funds” tab and mouse click on “Withdraw”. (BLK) BlackCoin can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate (BLK) BlackCoin by using the given drop-down box. Drop in the amount of (BLK) BlackCoin you'd like to take off. Take into account the demonstrated fees/minimums. Also make sure you have entered your correct withdraw address. If you're glad, click on “Submit”. You may be requested for verfication via phone/email before a withdrawal.