How to Buy BlackCoin (BLK) in Australia

A Step-by-Step-Guide on how to buy BlackCoin (BLK) in Australia

Step 1 – Join Coinmama

In the beginning you'll need to purchase units of the bigger currencies. Exchanges commonly accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Click the button below to register and to get your Bitcoin or Ethereum.

Binance Signup
Step 2 – Transmit Your Ethereum or Bitcoin to an Exchange

Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Exchange now. All exchanges have a deposit form that is alike. BlackCoin (BLK) is accessible on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Exchange? (Just follow these easy steps)

Make sure you have chosen the correct coin you want to deposit.

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so forth. If you're dealing with a decentralized exchange, like Airswap or DDEX could be different (Just follow our manual).

Step 3 – Locate {BlackCoin (BLK)|(BLK) BlackCoin}

Once your deposit has been verified, you'll now have access to your finances and you can launch purchasing and trading. To invest in {BlackCoin (BLK)|(BLK) BlackCoin} on Binance, you'll want to go to the tab which is called “Exchange” and then click on “Basic”.

In order to spot {BlackCoin (BLK)|(BLK) BlackCoin}, you'll need to insert the short name of the asset (BLK) into the search box, which is highlighted in the graphic. Be certain of having choosen the proper grouping, we've highlighted this also. Click on “BLK/BTC” to advance.

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

As soon as you have discovered {BlackCoin (BLK)|(BLK) BlackCoin}, you will be given a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). And now we're making our Limit Order.

The ”Price” field will be filled automatically with the up-to-date valuation {BlackCoin (BLK)|(BLK) BlackCoin} was sold for. You can change this to your favoured price. The field with the “Amount” tag is the quantity of BLK you want to purchase. The ”Total” field is the whole price in BTC that you will pay for the whole quantity of BLK.

When you are satisfied, make a mouse click on “Buy BLK”. Your plan will be filled as soon as a Seller sells their BLK for the price you submitted.

Step 5 – Withdraw {BlackCoin (BLK)|(BLK) BlackCoin}

Unless you are trading, you should never keepyour coins on an Exchange for an extended period of time. To withdraw your {BlackCoin (BLK)|(BLK) BlackCoin}, go to the ”Funds” tab and mouse click on “Withdraw”. {BlackCoin (BLK)|(BLK) BlackCoin} can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate {BlackCoin (BLK)|(BLK) BlackCoin} by using the provided drop-down box. Put into the quantity of {BlackCoin (BLK)|(BLK) BlackCoin} you'd wish to withdraw. Take into account the displayed minimus/fees. Also make sure you have filled your correct withdraw address.

When you are satisfied, make a mouse click on “Submit”. You may be requested for verfication via phone/email ahead of a withdrawal.

Congratulations! You have successfully bought and stored BlackCoin (BLK) in Australia.

That's it!

Take offs from Crypto Exchange can durate anywhere from 1 – 30 minutes (rely on network usage). As soon as you have confirmed your withdrawal using Etherscan.io or Ethplorer.io and the {BlackCoin (BLK)|(BLK) BlackCoin} is stored within your wallet, you are all done.

And some more interesting Altcoins: