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).
Step 2 – Send Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Trader Your Bitcoin or Ethereum will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. Blockcloud (BLOC) is available on Binance, so we will use that as an illustration. Not sure on how to send funds from Coinbase to an Crypto Trader? (Follow this how-to) Make sure you've chosen the correct coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, et cetera. If you are working with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our guide).
Step 3 – Find Blockcloud (BLOC) As soon as your deposit has been approved, you will immediately have access to your finances and you can begin invest and trading. To invest in Blockcloud (BLOC) on Binance, you will want to go to the tab which is called “Exchange” and after that mouse click on “Basic”. In order to spot Blockcloud (BLOC), you will need to put the cointype (BLOC) into the search box, which is marked in the image. Be certain of having choosen the proper pairing, we have marked this also. Click on “BLOC/BTC” to continue.
Step 4 – Buy Blockcloud (BLOC) As soon as you have spotted Blockcloud (BLOC), you will be presented with a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). Next we are going to create our Limit Order. The ”Price” field will be filled with the latest tariff Blockcloud (BLOC) was sold for. This can be changed to your preferred rate. The field with the “Amount” tag is the amount of BLOC you wish to purchase. The ”Total” field is the total price in BTC that you'll pay for the complete amount of BLOC. If you are glad, make a mouse click on “Buy BLOC”. Your order will be filled as soon as a Seller sells their BLOC for the price you introduced.
Step 5 – Withdraw Blockcloud (BLOC) Unless you are regularly trading, best advise is not to keep your crypto on an Cryptocurrency Exchange for an longer time period. In order to take off your Blockcloud (BLOC), go to the ”Funds” tab and mouse click on “Withdraw”. Blockcloud (BLOC) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Blockcloud (BLOC) by using the given drop-down box. Enter the amount of Blockcloud (BLOC) you'd wish to take off. Take into account the demonstrated fees/minimums. Also make sure you have entered your correct withdraw address. If you are satisfied, make a mouse click on “Submit”. You may be asked for verfication via email/phone ahead of a take off.