A Step-by-Step-Guide on how to buy BlackCoin (BLK)
Step 1 – Join CEX.io You will first need to purchase one of the top-tier coins. Exchanges usually accept either Ethereum or Bitcoin in exchange for alternative Coins. Click below to register and to get your Ethereum or Bitcoin.
Step 2 – Send Your Bitcoin or Ethereum to an Cryptocurrency Exchange Your Ethereum or Bitcoin will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is alike. BlackCoin (BLK) is available on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this manual) Make sure you have chosen the right coin you would like to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, et cetera. In the case you're using a decentralized exchange, like Airswap or DDEX could be unlike (Follow our how-to).
Step 3 – Locate (BLK) BlackCoin As soon as your deposit has been affirmed, you will immediately have access to your assets and you can commence buying and trading. To invest in (BLK) BlackCoin on Binance, you will want to hover over the ”Exchange” tab and after that mouse click on “Basic”. In order to spot (BLK) BlackCoin, you will need to put the short name of the asset (BLK) into the search box, which is marked in the graphic. Be certain of having selected the right grouping, we've marked this too. Click on “BLK/BTC” to advance.
Step 4 – Buying BlackCoin (BLK) As soon as you have spotted BlackCoin (BLK), you'll be presented with a Price Chart (in the Center of the picture) and some Order Books (on the Left of the picture). Next we are going to create our own Limit Order. The ”Price” field will be filled automatically with the most latest valuation BlackCoin (BLK) was traded for. This can be changed to your desired rate. The field with the “Amount” tag is the amount of BLK you like to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you'll settle for the complete amount of BLK. If you are satisfied, click on “Buy BLK”. Your plan will be filled as soon as a Vender sells their BLK for the price you offered.
Step 5 – Withdraw BlackCoin (BLK) Unless you're regularly trading, best advise is not to keep coins on an Crypto Trader for an longer time period. To withdraw your BlackCoin (BLK), hover over the ”Funds” tab and mouse click on “Withdraw”. BlackCoin (BLK) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find BlackCoin (BLK) by using the given drop-down box. Drop in the volumen of BlackCoin (BLK) you'd like to withdraw. Don't forget the displayed minimus/fees. Also make sure you have filled your correct withdraw address. If you're happy, click on “Submit”. You could be requested for verfication via phone/email before a withdrawal.