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How to Buy Blocknet (BLOCK)

A Step-by-Step-Guide on how to buy Blocknet (BLOCK)

Step 1 – Join CEX.io

You'll first need to purchase units of the top-tier coins. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Follow the Link below to register and receive your ETH (Ethereum) or BTC (Bitcoin).

Binance Signup
Step 2 – Send Your Funds to an Exchange

Your Ethereum or Bitcoin has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. Blocknet (BLOCK) 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 this manual)

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

Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, and so forth. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our guide).

Step 3 – Find Blocknet (BLOCK)

As soon as your deposit has been verified, you'll now have access to your assets and you can begin buying and trading. To invest in Blocknet (BLOCK) on Binance, you will want to hover over the tab which is called “Exchange” and after that click on “Basic”.

In order to find Blocknet (BLOCK), you will need to insert the shortname of the coin (BLOCK) into the search box, which is highlighted in the graphic. Make sure you have selected the correct pairing, we have marked this also. Click on “BLOCK/BTC” to continue.

{How to buy Coin on Binance 1|Binance How To Buy 1} Blocknet (BLOCK)
Step 4 – Purchase Blocknet (BLOCK)

As soon as you've spotted Blocknet (BLOCK), you'll be presented with a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the picture). Next we are going to make our own Limit Order.

The ”Price” field will be filled automatically with the most latest valuation Blocknet (BLOCK) was sold for. You can change this to your favoured price. The ”Amount” field is the quantity of BLOCK you wish to buy. The field with the “Total” tag is the aggregated price in BTC that you'll settle for the complete amount of BLOCK.

When you are glad, make a mouse click on “Buy BLOCK”. Your plan will be filled when a Seller trades their BLOCK for the price you gave.

Step 5 – Withdraw Blocknet (BLOCK)

Unless you're regularly trading, you should never keepyour coins on an Crypto Exchange for an extensive period of time. To withdraw your Blocknet (BLOCK), hover over the ”Funds” tab and mouse click on “Withdraw”. Blocknet (BLOCK) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find Blocknet (BLOCK) by using the provided drop-down box. Put into the amount of Blocknet (BLOCK) you'd like to take off. Don't forget the presented 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 requested for email/phone verification before a withdrawal.

Congratulations! You've successfully bought and safed Blocknet (BLOCK).

That's it!

Take offs from Crypto Exchange can durate between 1 – 30 minutes (depending on network usage). Once you've confirmed your take off with Ethplorer.io or Etherscan.io and the Blocknet (BLOCK) is safe inside your wallet, you are all done.

Some other Guides on How to buy different Altcoins

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