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How to Buy Blockcloud (BLOC)

A Step-by-Step-Guide on how to buy Blockcloud (BLOC)

Step 1 – Join CEX.io

You will first need to purchase one of the bigger currencies. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Follow the Link below to register and getting your BTC (Bitcoin) or ETH (Ethereum).

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

Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is identical. Blockcloud (BLOC) is available on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow these easy steps)

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

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etcetera. If you are working with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our how-to).

Step 3 – Find Blockcloud (BLOC)

As soon as your deposit has been affirmed, you'll now have access to your finances and you can begin purchasing and trading. To invest in Blockcloud (BLOC) on Binance, you will want to go to the ”Exchange” tab and then click on “Basic”.

In order to locate Blockcloud (BLOC), you will need to put the shortname of the coin (BLOC) into the search box, which is highlighted in the graphic. Be certain of having choosen the right pairing, we have highlighted this too. Click on “BLOC/BTC” to advance.

{How to buy Coin on Binance 1|Binance How To Buy 1} Blockcloud (BLOC)
Step 4 – Acquisition of Blockcloud (BLOC)

After you have spotted Blockcloud (BLOC), you will be given a Price Chart (in the Center of the image) and some Order Books (Leftside of the picture). For now we are going to make our own Limit Order.

The field with the “Price” tag will be filled automatically with the most up-to-date price Blockcloud (BLOC) was traded for. You can change this to your desired rate. The ”Amount” field is the quantity of BLOC you like to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you will settle for the whole quantity of BLOC.

When you're satisfied, make a mouse click on “Buy BLOC”. Your plan will be filled as soon as a Vendor sells their BLOC for the price you submitted.

Step 5 – Withdraw Blockcloud (BLOC)

Unless you're regularly trading, you should never keepyour crypto on an Cryptocurrency Exchange for an extended time period. To take off your Blockcloud (BLOC), go to the tab called “Funds” and click on “Withdraw”. Blockcloud (BLOC) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Blockcloud (BLOC) by using the given drop-down box. Enter the quantity of Blockcloud (BLOC) you'd like to withdraw. Don't forget the displayed minimus/fees. Also make sure you have entered your right withdraw address.

If you are happy, click “Submit”. You could be asked for email/phone verification ahead of a withdrawal.

Congratulations! You have successfully bought and stored Blockcloud (BLOC).

That's it!

Take offs from Crypto Exchange can durate anywhere from 1 – 30 minutes (depending on network usage). As soon as you've confirmed your take off with Etherscan.io or Ethplorer.io and the Blockcloud (BLOC) is stored within 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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