A Step-by-Step-Guide on how to buy Blockpool (BPL)
Step 1 – Signup to Coinbase – Get Free $10 You'll first need to purchase one of the major currencies. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Click the button below to register and to get your welcome 10 Dollar.
Step 2 – Transfer Your Bitcoin or Ethereum to an Cryptocurrency Exchange Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is identical. Blockpool (BPL) is available on Binance, so we will use that as an illustration. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this guide) Make sure you've chosen the precise coin you want to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, and so forth. If you are dealing with a decentralized exchange, like Airswap or DDEX could be different (Just follow our manual).
Step 3 – Locate Blockpool (BPL) Once your deposit has been confirmed, you will immediately have access to your funds and you can initiate invest and trading. To buy (BPL) Blockpool on Binance, you'll want to go to the “Exchange” tab and after that click on “Basic”. To locate Blockpool (BPL), you will need to insert the cointype (BPL) into the search box, which is marked in the image. Be certain of having selected the right pairing, we have highlighted this too. Click on “BPL/BTC” to proceed.
Step 4 – Buying (BPL) Blockpool Once you have spotted (BPL) Blockpool, you will be presented with a Price Chart (in the Center of the picture) and some Order Books (Leftside of the image). For now we're making our own Limit Order. The “Price” field will be filled automatically with the recent price (BPL) Blockpool was sold for. You can change this to your favoured price. The “Amount” field is the quantity of BPL you wish to buy. The “Total” field is the total price in Bitcoin that you will pay for the complete quantity of BPL. If you are satisfied, make a mouse click on “Buy BPL”. Your order will be filled when a Vender trades their BPL for the price you submitted.
Step 5 – Withdraw (BPL) Blockpool Unless you're regularly trading, you should never keepyour crypto on an Cryptocurrency Exchange for an longer time frame. To withdraw your Blockpool (BPL), go to the tab called “Funds” and mouse click on “Withdraw”. Blockpool (BPL) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Blockpool (BPL) by using the provided drop-down box. Drop in the quantity of Blockpool (BPL) you would like to withdraw. Don't forget the displayed fees/minimums. Also make sure you have entered your right withdraw address. When you are satisfied, click “Submit”. You could be asked for verfication via phone/email ahead of a withdrawal.