How To Buy Bloktopia (BLOK)?

How To Buy Bloktopia (BLOK)

A common question you often see on social media from crypto beginners is “Where can I buy Bloktopia?” Well, you’ll be happy to hear it is actually quite a simple and straightforward process. 

Step 1: Create an account on an exchange that supports Bloktopia (BLOK)

First, you will need to open an account on a cryptocurrency exchange that supports Bloktopia (BLOK).
We recommend the following based on functionality, reputation, security, support and fees:

1

 Gate.io

Create Gate.io Account

Fees (Maker/Taker)                    0.2%*-0.2%*

Cryptocurrencies
Available for Trade                           
1000+

Sign-up bonus
 Up to $100 in USDT vouchers*

Available in
North America, South America, Europe, Asia, Oceania, Africa

2

 Kucoin

Create Kucoin Account - How To Buy Bloktopia

Fees (Maker/Taker)                    0.1%*-3%*

Cryptocurrencies
Available for Trade                           
250+

Sign-up bonus
 Up to $500 in USDT vouchers*

Available in
North America, South America, Europe, Asia, Oceania, Africa

In order to sign up, you will need to enter some basic information, such as your email address, password, full name and, in some cases, you might also be asked for a phone number or address.

Note: On specific exchanges, you might need to complete a Know Your Customer (KYC) procedure in order to be able to purchase cryptocurrency. This is most commonly the case with licensed and regulated exchanges.

Step 2: Deposit funds into your account

Many cryptocurrency exchanges will allow you to purchase Bloktopia (BLOK) with fiat currencies, such as EUR, USD, AUD and others. Furthermore, they will also provide you with multiple deposit methods through which you can fund your fiat account, such as credit and debit cards, ewallets or direct bank transfers.

Note: Some payment methods will have higher fees than others, such as credit card payments. Before funding your fiat account on your chosen exchange, make sure to do your due diligence to find out the fees involved with each payment method to avoid unnecessary costs.

Step 3: Buy Bloktopia (BLOK)

This process is similar across almost every cryptocurrency exchange. All you have to do is find a navigation bar or a search bar, and search for Bloktopia (BLOK) or Bloktopia (BLOK) trading pairs. Look for the section that will allow you to buy Bloktopia (BLOK), and enter the amount of the cryptocurrency that you want to spend for Bloktopia (BLOK) or the amount of fiat currency that you want to spend towards buying Bloktopia (BLOK). The exchange will then calculate the equivalent amount of Bloktopia (BLOK) based on the current market rate.

Note: Make sure to always double-check your transaction details, such as the amount of Bloktopia (BLOK) you will be buying as well as the total cost of the purchase before you end up confirming the transaction. Furthermore, many cryptocurrency exchanges will offer you their own proprietary software wallet where you will be storing your cryptocurrencies; however, you can create your own individual software wallet, or purchase a hardware wallet for the highest level of protection.

How to create a Gate.io account

Gate.io

Show Detailed Instructions

Step 1: Go to the Gate.io website.

Step 2: Choose your username, your email address and your password. Then check “I certify that I am 18 years of age or older, and I agree to the Gate.io User Agreement Privacy Policy” and click “NEXT”.

How To Create a Gate.io Account Step 2

Step 3: Set your fund password and click “Create account”.
Note: Your fund password must contain at least 6 characters and can not be the same as your login password.
How To Create a Gate.io Account Step 3
Step 4: An activation email will be sent to your email address. Complete the rest of the registration process by following the instructions in the email to activate your account. Once this is done done, click “Email activated, please log in”.

How To Create a Gate.io Account Step 4

How to complete KYC (ID Verification) on Gate.io

In order to ensure the safety of your assets, and to reduce fraud, money laundering, blackmail, and other illegal activities, Gate.io makes it mandatory that all users obtain KYC ID Verification. Only after your account has obtained KYC ID verification, can you withdraw funds or use credit cards or debit cards to buy cryptocurrencies.

Step 1: Log in to your Gate.io account.
Place your cursor on the top-right profile icon and go to “KYC (ID Verification)”

How To Complete KYC (ID Verification) on Gate.io Step 1

Step 2: Click “Individual (Verify now)”

How To Complete KYC (ID Verification) on Gate.io Step 2

Step 3: Select your country, input your full legal name (twice), fill in your ID information, upload photos of both sides of your ID card, and a photo of you holding your ID together with your User ID (UID) for Gate.io. You will see your User ID by placing the cursor on the top-right profile icon on the main page. Make sure everything is filled in correctly and then click on “Confirm and Submit”.

How To Complete KYC (ID Verification) On Gate.io Step 3

How To Complete KYC (ID Verification) On Gate.io Step 4

Step 4: After you have submitted all the requested information, you will see the pending approval.
Approval can take anywhere from a few hours to a few days to complete.

How To Complete KYC (ID Verification) On Gate.io Step 5

Once the KYC is approved, you’re ready to make your first cryptocurrency purchase.

How to buy cryptocurrency on Gate.io

Step 1: Log in to your Gate.io account.
Then in the Menu Bar at the top of the page, click “Buy Crypto” and select “Credit Card”.

How To Buy Cryptocurrency on Gate.io Step 1

Step 2: Enter the amount you wish to spend in the “Buy with Fiat Currency” tab and select the cryptocurrency that you want to buy under the “Currency Purchased” field. Then select one of the “Service Providers” below and click the “Place Order” button to enter the confirmation page.

Note: You might not be able to purchase every cryptocurrency directly using fiat, if you’re looking to purchase something that isn’t offered in the currency list on this page, then you will want to purchase USDT. We will then show you how to exchange that on the spot-market for the cryptocurrency that you want in the next section of this guide.

How To Buy Cryptocurrency on Gate.io Step 2

Step 3: On the confirmation page, select “Buy Crypto” or the “Create Order” button to complete the payment.

Note: To ensure a quick and secure way of receiving the order, users might need to conduct an additional Identity Verification (KYC) with a third-party service provider. Once successfully verified, the service provider will immediately transfer the cryptocurrencies to your Gate.io account.

How to Conduct Spot Trading on Gate.io

Step 1: Log in to your Gate.io account.
Click on “Spot Trading” under “Trade” on the top navigation bar.
You can either choose “standard” or “professional” version. This tutorial uses the standard version.

How to Conduct Spot Trading on Gate.io Step 1

Step 2: Search and enter the cryptocurrency you want to trade.

How to Conduct Spot Trading on Gate.io Step 2

Step 3: Set buying/selling prices and buying/selling amount (or exchange total). Then click on “Buy”/”Sell”.
(Note: The percentages under the “Amount” box refer to percentages of the total account balance.)

How to Conduct Spot Trading on Gate.io Step 3

Step 4: If you don’t want to set a manual price, you can click on the last prices on the order book to set the buying/selling price automatically.

How to Conduct Spot Trading on Gate.io Step 4

Step 5: Confirm the price and amount. Then click on “Place Order” to place the order, followed by “Confirm Order” to confirm it.

How to Conduct Spot Trading on Gate.io Step 5

 

Hide Detailed Instructions

Alternative ways to buy Bloktopia (BLOK)

Because the project is very new, it is only offered directly on a select number of exchanges. If you’re not comfortable connecting your bank account to any of these smaller exchanges, or if you cannot connect your bank account to them for geographical reasons. Then you can instead create an account on any of the major exchanges and simply transfer the funds from there.
Out of the major exchanges we recommend the following based on functionality, reputation, security, support and fees:

1

 Binance

Create Binance Account - How To Buy Bloktopia

Fees (Maker/Taker)            0.075%*-0.1%*

Cryptocurrencies
Available for Trade                             500
+

Sign-up bonus
 10% reduced trading fees*

Available in
Europe, Asia, Oceania, Africa

2

 Coinbase

Create Coinbase Account - How To Buy Bloktopia

Fees (Maker/Taker)             1.49%*-3.99%*

Cryptocurrencies
Available for Trade                              150
+

Sign-up bonus
 $10 sign-up bonus*

Available in
North America, South America, Europe, Asia, Oceania, Africa

3

 FTX US

Create FTX US Account

Fees (Maker/Taker)            0.10%*-0.40%*

Cryptocurrencies
Available for Trade                             45
+

Sign-up bonus
 5% reduced trading fees*

Available in
North America, South America, Europe, Asia, Oceania, Africa

How to create a Binance account

Create Binance Account

Show Detailed Instructions

Step 1: Go to the Binance website.

Step 2: On the registration page, enter your email address, and create a password for your account.
Then, read and agree to the Terms of Service and click “Create Account”.

How To Create a Binance Account Step 2

Note: Your password must be a combination of numbers and letters.
It should contain at least 8 characters, one UPPER CASE letter, and one number.

Step 3: Complete the Security Verification.

How To Create a Binance Account Step 3

Step 4:
The system will send a verification code to your email. The verification code is valid for 30 minutes. If you can’t find the email in your inbox, check your other mail folders as well, or click “Resend Email” to resend.
How To Create a Binance Account Step 4
Congratulations, you have successfully registered on Binance.

How to complete KYC (ID Verification) on Binance

Step 1: Log in to your Binance account and click “User Center” and then “Identification”.
 

How To Complete KYC ID Verification on Binance Step 1 - How To Buy Bloktopia

Step 2: click “Start Now” to verify your account.

How To Complete KYC (ID Verification) on Binance Step 2

Step 3: Select your country of residence.
Ensure that your country of residence is consistent with your ID documents.

How To Complete KYC ID Verification on Binance Step 3 - How To Buy Bloktopia

You will then see the list of verification requirements for your specific country/region. Click “Continue”.
How To Complete KYC (ID Verification) on Binance Step 4

Step 5: Enter your personal information and click “Continue.”

Make sure that all the information entered is consistent with your ID documents.
You won’t be able to change it once confirmed.
How To Complete KYC ID Verification on Binance Step 5 - How To Buy Bloktopia
Step 6: Next, you will need to upload pictures of your ID documents. Choose the type of ID and the country your documents were issued. Most users can choose to verify with a passport, ID card, or driver’s license.
Refer to the respective options offered for your country.
How To Complete KYC (ID Verification) on Binance Step 6

Step 7: Follow the instructions to upload photos of your document. Your photos should clearly show the full ID document.

For example, if you are using an ID card, you have to take photos of the front and back of your ID card.
How To Complete KYC (ID Verification) on Binance Step 7
Step 8: After uploading the document photos, the system will ask for a selfie. Click “Upload File” to upload an existing photo from your computer.
How To Complete KYC ID Verification on Binance Step 8 - How To Buy Bloktopia
Step 9: After that, the system will ask you to complete face verification. Click “Continue” to finish face verification on your computer. Alternatively, you can move your mouse to the QR code on the bottom right to complete the verification on your phone instead. Scan the QR code via your phone’s camera to finish the face verification process.
Do not wear hats, glasses, or use filters, and make sure that the lighting is sufficient.
How To Complete KYC ID Verification on Binance Step 9 - How To Buy Bloktopia
After completing the process, please wait patiently.
Once your application has been verified, you will receive an email notification.

How to buy cryptocurrency on Binance

Step 1: Log in to your Binance account and click “Buy Crypto” and then “Credit/Debit Card”. 

How To Buy Cryptocurrency on Binance Step 1

Step 2: Here you can choose to buy crypto with different fiat currencies. Enter the fiat amount you want to spend and the system will automatically display the amount of crypto you can get. When you have selected the amount you wish to spend then press “Continue”.

Note: You might not be able to purchase every cryptocurrency directly using fiat, if you’re looking to purchase something that isn’t offered in the currency list on this page, then you will want to purchase USDT. We will then show you how to exchange that on the spot-market for the cryptocurrency that you want in the next section of this guide.

How To Buy Cryptocurrency on Binance Step 2 - How To Buy Bloktopia

Step 3: Click “Add New Card”. Then enter your credit card details and your billing address.

How To Buy Cryptocurrency on Binance Step 3 - How To Buy Bloktopia

Step 4: Check the payment details and confirm your order within 1 minute. After 1 minute, the price and the amount of crypto you will get will be recalculated. You can click “Refresh” to see the latest market price. You will then be redirected to your bank’s OTP Transaction Page. Follow the on-screen instructions to verify the payment.

How To Buy Cryptocurrency on Binance Step 4

How to Conduct Spot Trading on Binance

Step 1: Log in to your Binance account.
Click on “Classic” under “Trade” on the top navigation bar.

How to Conduct Spot Trading on Binance Step 1

Step 2: Search and enter the cryptocurrency you want to trade.

How to Conduct Spot Trading on Binance Step 2 - How To Buy Bloktopia

Step 3: Set buying/selling prices and buying/selling amount (or exchange total). Then click on “Buy”/”Sell”.

(Note: The percentages under the “Amount” box refer to percentages of the total account balance.)

How to Conduct Spot Trading on Binance Step 3 - How To Buy Bloktopia

Step 4: If you don’t want to set a manual price, you can place a “Market Order” to set the buying/selling price automatically.

How to Conduct Spot Trading on Binance Step 4

Hide Detailed Instructions

For more in-depth instructions, our ‘Absolute Beginner’s Guide To Cryptocurrency Investing‘ will take you through the process step-by step. In addition to providing instructions for sending and receiving your cryptocurrency.
And if you’re completely new to crypto our beginner, intermediate and advanced level articles will get you up to speed with everything you need to know about the cryptocurrency space starting out. 

Simplecryptoguide.com

What Is Bloktopia (BLOK)?

Bloktopia is a virtual skyscraper in the Metaverse comprised of 21 levels, designed to pay homage to the 21 million total maximum supply of Bitcoin (BTC). Owners of its BLOK tokens will be known as Bloktopians. Users will be able to buy and sell non-fungible tokens (NFTs), purchase digital ad venues, own real estate and more in the Bloktopia virtual reality. Meanwhile, Bloktopians can also earn revenue by selling or leasing virtual property in the skyscraper to interested buyers.

Bloktopia is developed on the Polygon (MATIC) Network and developed by the founders of Sony Playstation VR using the cross-platform game engine Unity. In addition to this, Elrond (EGLD), a blockchain sharding protocol, is set to become the anchor tenant in Bloktopia, with its virtual headquarters to be featured on level one, where all players spawn.

Users will have access to crypto knowledge as well as engaging multimedia in one location. Bloktopians will be able to earn money through real estate ownership, advertising revenue, gaming, network building, and much more. Powered by the world’s most advanced real-time video game engine, 3D Creation Engine, Bloktopia will leverage this technology to create stunning graphics and user experiences.

Bloktopia provides players with the opportunity to do more than just play. Bloktopians will enter the virtual world and enjoy all of the premium features, such as learning, earning, playing, and creating, rather of utilizing standard devices such as mobile phones or laptops.

  • #LEARN: For many individuals, cryptocurrency is a difficult industry that necessitates extensive understanding in many fields. Bloktopia links with numerous platforms like YouTube, Telegram, and Twitter allowing Bloktopians to come and learn more about cryptocurrencies.
  • #EARN: Coming to the realm of endless earning opportunities, all Bloktopians can purchase real estate (Reblok) and increase their earnings through passive monetization, staking, and advertising (Adblok). Bloktopian may trade and rent virtual real estate, allowing them to speculate on it and flip it for a profit or rent it out for passive revenue. Furthermore, Bloktopia token holders can earn a piece of advertising fees when certain partners put adverts on Bloktopia.
  • #PLAY: Play is an essential component of the user experience. Users can interact with people in this virtual environment by playing games, entertaining friends, and connecting with others. They can also be landowners and trade or rent out their property.
  • #CREATE: Bloktopia will provide you with building tools to design your own landscape, artwork, or to compete in events for prizes. The software development kit gives more experienced creators the tools they need to populate the world with games and social apps.

Bloktopia Gameplay

Upon signing into Bloktopia with the Bloktopia Wallet/Passport the user will be required to create their own personalized avatar from many customizable combinations and name their avatar. Once a user creates their Avatar and claims their unique name this will be applied to your Bloktopia passport. Avatars can be further enhanced whilst in Bloktopia by purchasing items from within the marketplace allowing for unique exclusivity.

Once the avatar has been created, it will spawn outside the Bloktopia skyscraper. All users will enter via the concourse into Blocktopia with their newly spawned avatar. All Bloktopians will enter on level one, it will therefore have the largest footfall of the skyscraper. This level will be key to all users as it will contain cryptocurrency pricing information, a helpdesk, an agenda, and a navigation area. Users can gain an overview of the events taking place during the day and register to participate. This level will be home to prime retail space; these are premium locations with a major presence from the likes of, Binance, Coinmarketcap, CoinGecko and major Crypto influencers.

Bloktopia Gameplay

What is a Bloktopian?

Bloktopians are the BLOK token holders and members of the Bloktopia metaverse. For the first time, users will have access to crypto information and captivating content all in one place.

Bloktopians will be able to learn, play and earn revenue through real estate ownership, advertising revenue and much more. Powered by the 3D Creation Engine, the world’s most advanced real-time video game engine, Bloktopia will leverage the technology to create stunning visualizations and user experiences.

The Bloktopia metaverse will be made of real estate bloks that can be purchased and governed by the BLOK token holders.

What is Reblok?

A Bloktopia Marketplace will be launched in conjunction with the BLOK token distribution where BLOK token holders will be able to purchase BLOK real estate via the NFT mechanism. Purchasing real estate within Bloktopia is known as REBLOK. Reblok will be owned in one of  two ways, either by sole ownership or joint ownership

  • Sole ownership where a BLOK real estate is represented and owned via a single NFT.
  • Joint ownership where a BLOK real estate is represented by multiple NFT’s. It should be noted an investor can purchase multiple NFT’s.

What can I do with my Reblok?

Sole ownership will give the user full rights to develop their REBLOK as they choose, utilizing the Bloktopia SDK to create content to furnish their REBLOK. Alternatively, content can be purchased from the Bloktopia marketplace. Bloktopians can sell their REBLOK in either a developed or undeveloped state at any time using the Bloktopia marketplace. Similarly, REBLOK can be leased to an interested party for an event or on a long-term basis.

The use of REBLOK on a joint ownership basis will be decided through a Governance mechanism, where the user’s percentage NFT holding of the REBLOK acting as their voting right. Votes will be cast on the proposal with majority vote deciding the outcome. If a sale is agreed the user will receive their percentage of the sale in relation to their NFT holding of the REBLOK. Similarly, if a lease is agreed the user will receive a percentage of the rental income for the term agreed.

What is Adblok?

Within Bloktopia advertisements will play a key role in revenue generation. We are offering investors an opportunity to benefit from that ad revenue and are calling it ADBLOK. ADBLOK offers a captive audience which guarantees dwell time and play through rate, which is an exciting prospect for advertisers.

There are 21 large totems and 84 small totems, which are available in Bloktopia. 50% of that space will be available to purchase through NFT. This is ADBLOK. 50% of all revenue generated through ADBLOK will be distributed to the NFT holders. ADBLOK can be purchased by using BLOK tokens. The price depends on the position of the totem in Bloktopia. Every visitor to Bloktopia must visit floor 1, guaranteeing the highest footfall, and therefore the largest cost. Generally, the more premium sites will be on the lower ground floors, decreasing in value as we go further up the tower. The exceptions are floors 6 and 21, which will hold the auditorium and gaming zones.

ADBLOK revenue will be distributed to the ADBLOK NFT holders on a weighted basis dependent on the position within Bloktopia.

Bloktopia Adblok Reblok

Elrond Partnership With Bloktopia

Becoming an Anchor Tenant in Bloktopia, Elrond’s virtual HQ will be placed on Level 1, which is considered a privileged location since it’s where all players spawn by default. Elrond will have maximum exposure for a customized lounge and content such as crypto ecosystem features or educational material made available in the virtual location.

“We are further exploring deeper technical integrations with Bloktopia, such as bridging a portion of the BLOK supply as an ESDT token to give Elrond users easier access into the VR metaverse and enabling Bloktopia NFTs to be purchasable in NFT marketplaces on the Elrond blockchain,” announced Daniel Serb, BD at Elrond, in a recent blog post.

Bloktopia to become a multichain Metaverse

Bloktopia recently announced a 2022 Product Roadmap in which together with many other ambitions, they announced a new strategy, to adopt a MultiChain approach to crypto within its Metaverse.

A MultiChain approach brings with it the elimination of complex transactions and ensures a frictionless experience for end-users. This solution aims to make Bloktopia more attractive to new and inexperienced users as well as OGs, and will be absolutely critical to transition blockchain to a high-growth industry.

Bloktopia is currently being built on the Polygon (MATIC) network, which is an interchain scalability solution that gives an infrastructure for creating blockchain networks that can interface with each other. Polygon brings adaptability and scalability of alt chains along with Ethereum’s security, liquidity, and interoperability. It is a solution which improves speed and reduces the cost and complexities of transactions on blockchain networks.

Official website: https://www.bloktopia.com/

Best cryptocurrency wallet for Bloktopia (BLOK)

There are plenty of different crypto wallets available. The best one for you depends on your general trading habits and which provides the most security in your situation. There are two main types of wallets: hot storage wallets (digital) and cold storage or hardware wallets (physical). Both have their pros and cons, and there is not necessarily a right or wrong answer when it comes to figuring out which crypto wallet is best for you.

HOW DO I DECIDE WHICH cryptocurrency WALLET TO USE for Bloktopia (BLOK)?

Deciding which type of wallet to use depends on a variety of factors, including:

  • How often you trade. In general, hot wallets are better for more active cryptocurrency traders. Quick login ability means you are only a few clicks and taps away from buying and selling crypto. Cold wallets are better suited for those looking to make less frequent trades. 
  • What you want to trade. As mentioned earlier, not all wallets support all types of cryptocurrencies. However, some of the best crypto wallets have the power to trade hundreds of different currencies, providing more of a one-size-fits-all experience.
  • Your peace of mind. For those worried about hacking, having a physical cold wallet stored in a safe deposit box at the bank or somewhere at home, provides the safest, most secure option. Others might be confident in their ability to keep their hot wallets secure.
  • How much it costs. It is important to investigate the costs associated with each wallet. Many hot wallets will be free to set up. Meanwhile, cold wallets, like any piece of hardware, will cost money to purchase.
  • What it can do. While the basics of each cryptocurrency wallet are the same, additional features can help set them apart. This is especially true of hot wallets, many of which come with advanced reporting features, insights into the crypto market, the ability to convert cryptocurrencies and more. Security features can also be a good differentiator.

For a more in-depth overview of cryptocurrency wallets visit our “Cryptocurrency Wallets Explained” guide.

If you’re going to be dealing in larger volumes of crypto, investing in cold storage might prove advantageous.
Most widespead examples of this being the Ledger Nano and the Trezor.

Ledger manufactures cold storage wallets designed for users who want increased security. Their wallets are a physical device that connects to your computer. Only when the device is connected can you send your cryptocurrency from it. Ledger offers a variety of products, such as the Ledger Nano S and the Ledger Nano X (a bluetooth connected hardware wallet).

Trezor is a pioneering hardware wallet company. The combination of world-class security with an intuitive interface and compatibility with other desktop wallets, makes it ideal for beginners and experts alike. The company has gained a lot of the Bitcoin community’s respect over the years. Trezor offers two main models – The Trezor One and Trezor Model T (which has a built in touch screen).

Ledger Hardware Wallet
Trezor Hardware Wallet

Market Overview

Coinmarketcap.com

Find the latest Bloktopia (BLOK) price chart, trade volume, market cap, and other vital information to help you with your cryptocurrency trading and investing.

Coinmarketcap will be your cryptocurrency go-to for just about everything. Here you can see the following:

Market Capitalization And Daily Trading Volume

Current Market Price Of Every Cryptocurrency Relative To USD (And Some Local Currencies)

Circulating And Total Supply

Historical Charts With Prices Relative To USD, Bitcoin (BTC), And Ethereum (ETH).

CMC - How To Buy Bloktopia
Last updated Apr 19, 2022

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