How to Buy Blocknet (BLOCK)

A Step-by-Step-Guide on how to buy Blocknet (BLOCK)

Step 1 – Join Coinbase and receive 10$ in Bitcoin

You will first need to purchase units of the top-tier currencies. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Follow the Link below to register and receive Bitcoin or Ethereum.

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

Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is similar. Blocknet (BLOCK) is obtainable on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Follow this manual)

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

Bitcoin must be sent to a BTC deposit address, ETH to an Ethereum deposit address, and so on. In the case you are using a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our guide).

Step 3 – Find (BLOCK) Blocknet

As soon as your deposit has been confirmed, you'll now have access to your finances and you can launch buying and trading. To purchase (BLOCK) Blocknet on Binance, you'll want to hover over the tab which is called “Exchange” and mouse click on “Basic”.

To locate Blocknet (BLOCK), you will need to put the cointype (BLOCK) into the search box, which is highlighted in the image. Be certain of having choosen the proper grouping, we've marked this also. Click on “BLOCK/BTC” to proceed.

Binance How To Buy 1 Blocknet (BLOCK)
Step 4 – Buy (BLOCK) Blocknet

As soon as you've discovered Blocknet (BLOCK), you'll be presented with a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the picture). And now we're creating our Limit Order.

The field with the “Price” tag will be filled automatically with the most up-to-date rate (BLOCK) Blocknet was sold for. You can change this to your preferred price. The field with the “Amount” tag is the amount of BLOCK you wish to buy. The field with the “Total” tag is the whole price in Bitcoin that you'll settle for the whole amount of BLOCK.

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

Step 5 – Withdraw (BLOCK) Blocknet

Unless you're regularly trading, you should never keepyour coins on an Crypto Exchange for an extended time frame. To withdraw your Blocknet (BLOCK), hover over the tab called “Funds” and mouse click on “Withdraw”. Blocknet (BLOCK) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (BLOCK) Blocknet by using the provided drop-down box. Drop in the amount of Blocknet (BLOCK) you'd like to take off. Don't forget the displayed minimus/fees. Also make sure you have filled your correct withdraw address.

If you're happy, make a mouse click on “Submit”. You could be requested for phone/email verification before a take off.

Congratulations! You've successfully bought and safed Blocknet (BLOCK).

That's it!

Take offs from Crypto Exchange can durate anywhere from 1 – 30 minutes (depending on usage of the network). As soon as you have confirmed your withdrawal using Ethplorer.io or Etherscan.io and the Blocknet (BLOCK) is stored within your wallet, you are all done.