A Step-by-Step-Guide on how to buy Blockstack (STX) in Anguilla
Step 1 – Signup to Coinmama In the beginning you'll need to buy one of the major coins. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Follow the Link below to register and receive your BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Send Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Exchange Your Ethereum (ETH) or Bitcoin (BTC) 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 will use that as an example. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this how-to) Make sure you've selected the exact coin you would like to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etcetera. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be different (Follow these easy steps).
Step 3 – Find Blockstack (STX) As soon as your deposit has been approved, you'll immediately have access to your assets and you can begin invest and trading. To invest in Blockstack (STX) on Binance, you'll want to go to the ”Exchange” tab and after that mouse click on “Basic”. To find Blockstack (STX), you will need to insert the shortname of the coin (STX) into the search box, which is highlighted in the picture. Make sure you have selected the right grouping, we have highlighted this too. Click on “STX/BTC” to go ahead.
Step 4 – Buy Blockstack (STX) After you have spotted Blockstack (STX), you'll be given a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the image). Next we're going to make our own Limit Order. The field with the “Price” tag will be filled automatically with the most up-to-date price Blockstack (STX) was sold for. You can change this to your favoured rate. The ”Amount” field is the quantity of STX you want to purchase. The field with the “Total” tag is the total price in BTC that you'll pay for the whole volumen of STX. If you are glad, click on “Buy STX”. Your plan will be filled as soon as a Vendor trades their STX for the price you gave.
Step 5 – Withdraw Blockstack (STX) Unless you're frequently trading, never keep your crypto coins on an Cryptocurrency Exchange for an extensive time frame. In order to withdraw your Blockstack (STX), go to the tab called “Funds” and click on “Withdraw”. Blockstack (STX) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Blockstack (STX) by using the provided drop-down box. Enter the quantity of Blockstack (STX) you'd like to take off. Don't forget the shown minimus/fees. Also make sure you have filled your correct withdraw address. When you're satisfied, click “Submit”. You could be asked for verfication via email/phone before a take off.
Congratulations! You've successfully bought and safed Blockstack (STX) in Anguilla.That's it! Withdrawals from Cryptocurrency Exchange can take between 1 – 30 minutes (depending on usage of the network). As soon as you've proved your withdrawal using Etherscan.io or Ethplorer.io and the Blockstack (STX) is stored in your wallet, you're all done.
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