How to Buy Blockcloud (BLOC)

A Step-by-Step-Guide on how to buy Blockcloud (BLOC)

Step 1 – Join Coinbase – Get Free $10

In the beginning you'll need to buy one of the major coins. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Click the button below to register and to get your first 10$.

Binance Signup
Step 2 – Transmit Your Bitcoin (BTC) or Ethereum (ETH) to an Cryptocurrency Exchange

Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. Blockcloud (BLOC) is accessible on Binance, so we're going to use that as an sample. Not sure on how to send funds from Coinbase to an Crypto Trader? (Just follow this manual)

Make sure you have chosen the correct coin you want to deposit.

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so forth. In the case you are dealing with a decentralized exchange, such as Airswap or DDEX could be different (Just follow our how-to).

Step 3 – Find (BLOC) Blockcloud

Once your deposit has been approved, you'll now have access to your finances and you can start buying and trading. To purchase Blockcloud (BLOC) on Binance, you will want to go to the tab which is called “Exchange” and after that mouse click on “Basic”.

To discover (BLOC) Blockcloud, you'll need to put the cointype (BLOC) into the search box, which is marked in the picture. Make sure you have choosen the proper grouping, we've highlighted this also. Click on “BLOC/BTC” to go ahead.

How to buy Coin on Binance 1 Blockcloud (BLOC)
Step 4 – Buy (BLOC) Blockcloud

After you have located (BLOC) Blockcloud, you'll be given a Price Chart (in the Center of the picture) and some Order Books (on the Left of the image). For now we're creating our Limit Order.

The “Price” field will be automatically filled with the most recent valuation Blockcloud (BLOC) was traded for. You can change this to your favoured price. The field with the “Amount” tag is the quantity of BLOC you want to buy. The “Total” field is the whole price in BTC that you will settle for the complete volumen of BLOC.

When you are happy, make a mouse click on “Buy BLOC”. Your order will be filled when a Seller trades their BLOC for the price you introduced.

Step 5 – Withdraw Blockcloud (BLOC)

Unless you're trading, best advise is not to keep crypto on an Exchange for an longer time period. To take off your (BLOC) Blockcloud, hover over the “Funds” tab and mouse click on “Withdraw”. Blockcloud (BLOC) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (BLOC) Blockcloud by using the given drop-down box. Enter the amount of (BLOC) Blockcloud you would like to withdraw. Don't forget the shown fees/minimums. Also make sure you have entered your precise withdraw address.

If you're satisfied, click on “Submit”. You may be asked for verfication via phone/email before a take off.

Congrats! You have successfully bought and stored Blockcloud (BLOC).

That's it!

Take offs from Cryptocurrency Exchange can durate anywhere from 1 – 30 minutes (depending on network usage). Once you've proved your take off with Etherscan.io or Ethplorer.io and the (BLOC) Blockcloud is safe in your wallet, you are done.