How to Buy Blocery (BLY)

A Step-by-Step-Guide on how to buy Blocery (BLY)

Step 1 – Join Coinbase and receive 10$ in Bitcoin

You will first need to buy one of the bigger currencies. Exchanges usually accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Follow the Link below to register and receive Bitcoin (BTC) or Ethereum (ETH).

Binance Signup
Step 2 – Transfer Your Bitcoin or Ethereum to an Exchange

Your Bitcoin or Ethereum has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. Blocery (BLY) is obtainable on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this guide)

Make sure you've chosen the right coin you want to deposit.

BTC must be sent to a BTC deposit address, ETH to an Ethereum deposit address, etcetera. If you're dealing with a decentralized exchange, like Airswap or DDEX could be different (Follow our how-to).

Step 3 – Find (BLY) Blocery

As soon as your deposit has been approved, you will immediately have access to your funds and you can commence buying and trading. To purchase Blocery (BLY) on Binance, you'll want to hover over the tab which is called “Exchange” and then click on “Basic”.

To find (BLY) Blocery, you'll need to put the cointype (BLY) into the search-box, which is marked in the picture. Be certain of having selected the correct grouping, we have marked this too. Click on “BLY/BTC” to go on.

How to buy Coin on Binance 1 Blocery (BLY)
Step 4 – Acquisition of Blocery (BLY)

After you have spotted Blocery (BLY), you will be given a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the picture). For now we are going to create our own Limit Order.

The field with the “Price” tag will be automatically filled with the most up-to-date price (BLY) Blocery was sold for. This can be changed to your desired rate. The field with the “Amount” tag is the amount of BLY you wish to buy. The field with the “Total” tag is the total price in BTC that you will settle for the complete quantity of BLY.

If you are happy, make a mouse click on “Buy BLY”. Your plan will be filled as soon as a Vendor trades their BLY for the price you submitted.

Step 5 – Withdraw Blocery (BLY)

Unless you are trading, you should never keepyour coins on an Exchange for an longer time frame. In order to withdraw your (BLY) Blocery, go to the “Funds” tab and click on “Withdraw”. Blocery (BLY) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find Blocery (BLY) by using the given drop-down box. Put into the volumen of (BLY) Blocery you'd like to withdraw. Don't forget the presented fees/minimums. Also make sure you have filled your correct withdraw address.

When you are satisfied, click “Submit”. You may be asked for phone/email verification ahead of a take off.

Congrats! You have successfully bought and stored Blocery (BLY).

That's it!

Take offs from Cryptocurrency Exchange can take anywhere from 1 – 30 minutes (depending on usage of the network). Once you have confirmed your take off using Etherscan.io or Ethplorer.io and the Blocery (BLY) is safe in your wallet, you are finished.