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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 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Exchange

Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is identical. Blocknet (BLOCK) is available on Binance, so we're going to use that as an illustration. Unsure on how to send Coinbase funds to an Crypto Exchange? (Just follow this guide)

Make sure you have chosen the exact coin you wish to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etcetera. If you are dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our guide).

Step 3 – Locate Blocknet (BLOCK)

Once your deposit has been verified, you will instantly have access to your finances and you can begin invest and trading. To purchase Blocknet (BLOCK) on Binance, you will want to go to the ”Exchange” tab and after that click on “Basic”.

In order to discover Blocknet (BLOCK), you will need to put the shortname of the coin (BLOCK) into the search-box, which is marked in the graphic. Be certain of having choosen the correct pairing, we've marked this too. Click on “BLOCK/BTC” to go ahead.

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

Once you've discovered Blocknet (BLOCK), you'll be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). Next we're making our Limit Order.

The field with the “Price” tag will be automatically filled with the most up-to-date tariff Blocknet (BLOCK) was traded for. You can change this to your favoured price. The ”Amount” field is the quantity of BLOCK you want to buy. The ”Total” field is the aggregated price in BTC that you will pay for the complete quantity of BLOCK.

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

Step 5 – Withdraw Blocknet (BLOCK)

Unless you're regularly trading, best advise is not to keep crypto on an Cryptocurrency Exchange for an extensive period of time. To withdraw your Blocknet (BLOCK), hover over the ”Funds” tab and click on “Withdraw”. Blocknet (BLOCK) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Blocknet (BLOCK) by using the provided drop-down box. Drop in the amount of Blocknet (BLOCK) you would wish to withdraw. Don't forget the demonstrated fees/minimums. Also make sure you have filled your correct withdraw address.

When you're glad, click on “Submit”. You may be asked for verfication via email/phone before a take off.

Congrats! You've successfully purchased and safed Blocknet (BLOCK).

That's it!

Withdrawals from Cryptocurrency Exchange can durate between 1 – 30 minutes (depending on usage of the network). Once you have confirmed your withdrawal with Etherscan.io or Ethplorer.io and the Blocknet (BLOCK) is stored in your wallet, you're done.

Some other Guides on How to buy different Altcoins

How to Buy bitJob
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How to Buy Altcoins
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