A Step-by-Step-Guide on how to buy Blockstack (STX)
Step 1 – Join CEX.io In the beginning you'll need to purchase one of the top-tier currencies. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Click below for registration and getting your BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Send Your Bitcoin or Ethereum to an Crypto Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Exchange now. All exchanges have a deposit form that is similar. Blockstack (STX) is obtainable on Binance, so we're going to use that as an sample. Unsure on how to send Coinbase funds 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 Bitcoin deposit address, ETH to an Ethereum deposit address, et cetera. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our how-to).
Step 3 – Find Blockstack (STX) As soon as your deposit has been confirmed, you will immediately have access to your funds and you can start purchasing and trading. To invest in Blockstack (STX) on Binance, you'll want to hover over the ”Exchange” tab and then click on “Basic”. In order to find Blockstack (STX), you'll need to insert the short name of the asset (STX) into the search-box, which is marked in the picture. Make sure you have choosen the proper grouping, we've highlighted this too. Click on “STX/BTC” to progress.
Step 4 – Buy Blockstack (STX) Once you've found Blockstack (STX), you'll be presented with a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the image). For now we're creating our own Limit Order. The field with the “Price” tag will be filled automatically with the most recent tariff Blockstack (STX) was traded for. You can change this to your preferred price. The field with the “Amount” tag is the amount of STX you want to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you'll settle for the complete amount of STX. When you are satisfied, click on “Buy STX”. Your order will be filled when a Vender sells their STX for the price you submitted.
Step 5 – Withdraw Blockstack (STX) Unless you're frequently trading, you should never keepyour coins on an Exchange for an longer period of time. To take off your Blockstack (STX), go to the ”Funds” tab and mouse click on “Withdraw”. Blockstack (STX) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Blockstack (STX) by using the given drop-down box. Drop in the volumen of Blockstack (STX) you would like to take off. Don't forget the displayed minimus/fees. Also make sure you have filled your correct withdraw address. If you are glad, make a mouse click on “Submit”. You may be asked for email/phone verification before a take off.