A Step-by-Step-Guide on how to buy BitBlocks (BBK) in Anguilla
Step 1 – Signup to Coinmama You'll first need to buy one of the bigger currencies. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Click below for registration and getting your Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Cryptocurrency Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is identical. BitBlocks (BBK) is obtainable on Binance, so we're going to use that as an illustration. Not sure on how to send Coinbase funds to an Crypto Exchange? (Just follow this manual) Make sure you have chosen the correct coin you wish to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, et cetera. If you are working with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our manual).
Step 3 – Find BitBlocks (BBK) Once your deposit has been approved, you will directly have access to your funds and you can begin purchasing and trading. To invest in BitBlocks (BBK) on Binance, you will want to go to the tab which is called “Exchange” and then click on “Basic”. To find BitBlocks (BBK), you will need to insert the shortname of the coin (BBK) into the search-box, which is highlighted in the image. Make sure you have choosen the correct grouping, we've marked this too. Click on “BBK/BTC” to advance.
Step 4 – Buying BitBlocks (BBK) Once you have spotted BitBlocks (BBK), you will be given a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). For now we are going to make our own Limit Order. The ”Price” field will be filled with the most up-to-date tariff BitBlocks (BBK) was sold for. This can be changed to your favoured rate. The field with the “Amount” tag is the amount of BBK you wish to purchase. The ”Total” field is the aggregated price in Bitcoin that you'll pay for the complete amount of BBK. When you're happy, click on “Buy BBK”. Your order will be filled as soon as a Vendor trades their BBK for the price you submitted.
Step 5 – Withdraw BitBlocks (BBK) Unless you are frequently trading, best advise is not to keep crypto coins on an Crypto Exchange for an extended period of time. To withdraw your BitBlocks (BBK), hover over the tab called “Funds” and mouse click on “Withdraw”. BitBlocks (BBK) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find BitBlocks (BBK) by using the given drop-down box. Put into the amount of BitBlocks (BBK) you'd like to withdraw. Don't forget the shown fees/minimums. Also make sure you have entered your precise withdraw address. When you are glad, click on “Submit”. You could be requested for verfication via email/phone ahead of a take off.
Kudos! You've successfully purchased and safed BitBlocks (BBK) in Anguilla.That's it! Take offs from Exchange can take between 1 – 30 minutes (rely on usage of the network). As soon as you've confirmed your withdrawal using Etherscan.io or Ethplorer.io and the BitBlocks (BBK) is stored inside your wallet, you are done.
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