How to Buy Blocknet (BLOCK) in Australia

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

Step 1 – Signup to Coinmama

You will first need to buy one of the major currencies. Exchanges commonly accept either Ethereum or Bitcoin in exchange for Altcoins. Click the button below to register and to get your Ethereum or Bitcoin.

Binance Signup
Step 2 – Transfer Your Bitcoin or 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 example. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Follow this how-to)

Make sure you have chosen the right coin you would like to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etcetera. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be different (Follow these easy steps).

Step 3 – Find {Blocknet (BLOCK)|(BLOCK) Blocknet}

As soon as your deposit has been verified, you'll now have access to your funds and you can launch purchasing and trading. To invest in {Blocknet (BLOCK)|(BLOCK) Blocknet} on Binance, you'll want to hover over the ”Exchange” tab and then click on “Basic”.

In order to discover {Blocknet (BLOCK)|(BLOCK) Blocknet}, you'll need to put the short name of the asset (BLOCK) into the search-box, which is marked in the graphic. Make sure you have selected the correct grouping, 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 – Buy {Blocknet (BLOCK)|(BLOCK) Blocknet}

Once you have discovered {Blocknet (BLOCK)|(BLOCK) Blocknet}, you'll be presented with a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). For now we're making our own Limit Order.

The ”Price” field will be filled with the up-to-date price {Blocknet (BLOCK)|(BLOCK) Blocknet} was sold for. You can change this to your desired price. The field with the “Amount” tag is the quantity of BLOCK you like to buy. The ”Total” field is the total price in Bitcoin that you'll pay for the complete quantity of BLOCK.

If you're satisfied, click on “Buy BLOCK”. Your order will be filled as soon as a Seller sells their BLOCK for the price you introduced.

Step 5 – Withdraw {Blocknet (BLOCK)|(BLOCK) Blocknet}

Unless you are regularly trading, you should never keepyour coins on an Cryptocurrency Exchange for an extended period of time. To withdraw your {Blocknet (BLOCK)|(BLOCK) Blocknet}, hover over the tab called “Funds” and mouse click on “Withdraw”. {Blocknet (BLOCK)|(BLOCK) Blocknet} can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate {Blocknet (BLOCK)|(BLOCK) Blocknet} by using the provided drop-down box. Put into the quantity of {Blocknet (BLOCK)|(BLOCK) Blocknet} you'd wish to withdraw. Don't forget the displayed minimus/fees. Also make sure you have entered your precise withdraw address.

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

Congratulations! You've successfully purchased and safed Blocknet (BLOCK) in Australia.

That's it!

Take offs from Crypto Trader can take between 1 – 30 minutes (depending on usage of the network). As soon as you've confirmed your withdrawal with Ethplorer.io or Etherscan.io and the {Blocknet (BLOCK)|(BLOCK) Blocknet} is safe in your wallet, you are done.

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