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How to Buy BlackCoin (BLK)

A Step-by-Step-Guide on how to buy BlackCoin (BLK)

Step 1 – Signup to CEX.io

You'll first need to purchase units of the major currencies. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Click below to register and to get your Bitcoin (BTC) or Ethereum (ETH).

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

Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Exchange now. All exchanges have a deposit form that is similar. BlackCoin (BLK) is available on Binance, so we will use that as an sample. Unsure on how to send Coinbase funds to an Crypto Exchange? (Follow this guide)

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

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

Step 3 – Find BlackCoin (BLK)

Once your deposit has been verified, you'll immediately have access to your assets and you can start purchasing and trading. To buy BlackCoin (BLK) on Binance, you'll want to go to the ”Exchange” tab and then mouse click on “Basic”.

To locate BlackCoin (BLK), you'll need to put the cointype (BLK) into the search-box, which is highlighted in the image. Make sure you have selected the proper grouping, we've marked this also. Click on “BLK/BTC” to continue.

{How to buy Coin on Binance 1|Binance How To Buy 1} BlackCoin (BLK)
Step 4 – Purchasing BlackCoin (BLK)

Once you've discovered BlackCoin (BLK), you will be given a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the picture). Next we're going to make our own Limit Order.

The field with the “Price” tag will be filled automatically with the most up-to-date price BlackCoin (BLK) was sold for. This can be changed to your preferred rate. The ”Amount” field is the amount of BLK you like to purchase. The ”Total” field is the whole price in Bitcoin that you will settle for the whole quantity of BLK.

When you're glad, make a mouse click on “Buy BLK”. Your order will be filled when a Seller sells their BLK for the price you offered.

Step 5 – Withdraw BlackCoin (BLK)

Unless you are regularly trading, you should never keepyour coins on an Exchange for an extensive time frame. To withdraw your BlackCoin (BLK), go to the ”Funds” tab and mouse click on “Withdraw”. BlackCoin (BLK) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find BlackCoin (BLK) by using the provided drop-down box. Drop in the amount of BlackCoin (BLK) you would wish to take off. Don't forget the shown minimus/fees. Also make sure you have entered your correct withdraw address.

When you are glad, make a mouse click on “Submit”. You may be asked for phone/email verification before a take off.

Kudos! You've successfully purchased and safed BlackCoin (BLK).

That's it!

Take offs from Crypto Trader can take anywhere from 1 – 30 minutes (depending on network usage). Once you have confirmed your take off with Etherscan.io or Ethplorer.io and the BlackCoin (BLK) is stored in your wallet, you're finished.

Some other Guides on How to buy different Altcoins

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How to Buy Altcoins
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