How to Buy BlockStamp (BST)

A Step-by-Step-Guide on how to buy BlockStamp (BST)

Step 1 – Join Coinbase and recieve 10$ for free

You'll first need to buy units of the major coins. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Click below for registration and to get your first $10.

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

Your Bitcoin or Ethereum has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is alike. BlockStamp (BST) is accessible on Binance, so we're going to use that as an sample. Unsure on how to send Coinbase funds to an Exchange? (Follow these easy steps)

Make sure you've selected the correct coin you want to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an ETH deposit address, and so on. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow these easy steps).

Step 3 – Locate (BST) BlockStamp

As soon as your deposit has been verified, you will immediately have access to your assets and you can launch buying and trading. To purchase BlockStamp (BST) on Binance, you'll want to hover over the “Exchange” tab and then mouse click on “Basic”.

To find BlockStamp (BST), you'll need to insert the shortname of the coin (BST) into the search box, which is marked in the graphic. Make sure you have choosen the right grouping, we've highlighted this also. Click on “BST/BTC” to go ahead.

Binance How To Buy 1 BlockStamp (BST)
Step 4 – Purchasing BlockStamp (BST)

Once you have discovered (BST) BlockStamp, you'll be given a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the image). Next we're going to make our own Limit Order.

The “Price” field will be filled automatically with the recent price BlockStamp (BST) was traded for. This can be changed to your desired price. The field with the “Amount” tag is the volumen of BST you wish to purchase. The field with the “Total” tag is the total price in BTC that you'll pay for the complete quantity of BST.

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

Step 5 – Withdraw BlockStamp (BST)

Unless you're trading, you should never keepyour coins on an Cryptocurrency Exchange for an longer period of time. To withdraw your (BST) BlockStamp, hover over the “Funds” tab and click on “Withdraw”. BlockStamp (BST) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find (BST) BlockStamp by using the given drop-down box. Put into the quantity of BlockStamp (BST) you would wish to take off. Don't forget the shown minimus/fees. Also make sure you have entered your right withdraw address.

When you're satisfied, click on “Submit”. You could be asked for email/phone verification before a take off.

Congratulations! You've successfully purchased and stored (BST) BlockStamp.

That's it!

Withdrawals from Exchange can take anywhere from 1 – 30 minutes (depending on usage of the network). As soon as you have confirmed your withdrawal using Etherscan.io or Ethplorer.io and the BlockStamp (BST) is safe within your wallet, you are done.