In order to buy this cryptocurrency, you will first need a stablecoin or another cryptocurrency like Bitcoin to buy BLOK, but we will see this later.
We are going to focus first on how you can buy bloktopia, since that is what the post is focused on, and if you want to learn more about the cryptocurrency, you can find information about this project later on.
Bloktopia is in one of the most popular cryptocurrency exchanges, and unlike other cryptocurrencies, you will not be able to buy it with fiat money, which is euros or dollars or any other currency. To be able to buy it, you will have to do it through cryptocurrencies, either bitcoin BTC, Ethereum ETH or USDT (Tether) as the main ways to buy BLOK. As you can see, in order to get your hands on this cryptocurrency, you’ll have to do a few steps more than with other more popular and easier to buy cryptocurrencies.
Where to buy Bloktopia
If you have interest in buying bloktopia, currently bloktopia is not found in many exchanges, being KuCoin the main and most relevant exchange to buy BLOK. I leave you with a video if you are not familiar with buying cryptocurrencies and the KuCoin exchange, so you can see step by step how to do it. It may seem complicated, but once you do it and understand, it’s really simple.
Platform: Gate.io
Min. Deposit: $10
License: Cysec
New cryptocurrencies (ICO’s)
Growing exchange
Platform: KuCoin
Min. Deposit: $30
License: Cysec
Very low commissions
Exchange with a wide variety of cryptocurrencies
The good part of using KuCoin is its wide variety of cryptocurrencies. So you will be able to use this platform to buy many of the cryptocurrencies that you may want to buy in the future. Besides being a secure platform and with a large number of customers, being one of the leading exchanges.
Now that we have quickly seen how to do it, let’s go with one more step-by-step guide so you don’t get lost.
Register
The first thing to do to buy BLOK is to register at the link here. You can register with a cell phone or email, whichever works best for you. They also have a mobile app, if it is more convenient for you than using KuCoin on your computer. The reality is that the mobile app goes faster and can be more intuitive than using the platform on your PC.
Buying coins with fiat money
Once you have your account with KuCoin, and you have filled in all the information in the KYC process, which is not necessary at the beginning but recommended so that you are not limited. You will have to make your first deposit. You will be able to choose different options, such as bank transfer, which takes a few days to get the money in your account or credit card which is immediate. Although the bank transfer is free of charge, and the credit card is. You can also transfer cryptocurrencies in your KuCoin wallet to avoid having to pay by credit card or bank transfer.
With your cryptocurrencies purchased, the best way to check that they are in your account is to go to Assets, and Main Account.
Transfer your cryptos to an Altcoin Exchange.
You can make a deposit of a cryptocurrency, in this case USDT. Simply copy your address to your other platform where you have USDT, and click transfer. This will save you from having to buy USDT or another cryptocurrency with your credit card or bank transfer and save on handling fees, depending on the form of deposit you make.
The best way is to buy USDT on Binance with your credit card, with only a 1.8% commission, and send the USDT you bought on Binance to KuCoin.
Platform: Binance
Min. deposit: $10
License: Cysec
Very low commissions
Exchange with more cryptocurrencies
If you want to buy or deposit euros, dollars or other currency in KuCoin, the commissions to pay by credit card and have it instantly are somewhat high, so if you want to buy Bloktopia without incurring higher commissions, use Binance to deposit your currency, in my case euros, go to the EUR/USDT pair and buy USDT.
With USDT, go to wallet, search for USDT (Tether) and click on withdraw. Here indicate the KuCoin wallet address of your USDT, and you can have USDT in your KuCoin account paying the lowest commissions.
This is only possible if you already use another platform and have the cryptocurrency there. If this is not your case, you will have to use the previous way to buy the cryptocurrency.
To buy BLOK, the best option is to buy USDT, but you can also buy Bitcoin. In case you choose Tether, you will have to go to market afterwards and select the BLOK/USDT currency. If you have decided to buy Bitcoin, it will simply change the BLOK/BTC currency. There is no difference in price nor is one better than the other, it simply depends on the choice of each person which cryptocurrency to buy before with euros dollars or another currency, in order to buy Bloktopia.
Deposit BTC or USDT for exchange
Platform: Binance
Min. deposit: $10
License: Cysec
Very low commissions
Exchange with more cryptocurrencies
In some exchanges they will need more information, which is known as KYC, and it is simply to deliver the documentation they ask for, and it may take a few days to verify your account, since they have to make sure that it is really you. In the case of KuCoin, luckily, KYC is not necessary to make small movements, less than 5 BTC, so if you are not going to move large amounts, you can do so without having to wait for them to approve your KYC. Although the process is usually straightforward and easy to follow. Once you have it set up, you will have full access to your exchange wallet.
If this is the first time you make a deposit with a wallet, it can be complicated here, but it is actually simple. In the box on the right, you are going to see a string of random numbers that says “USDT address”, this is a unique public address of your Tether wallet, it is the same in case of Bitcoin. This wallet, or wallet, is only with respect to KuCoin. You can see it like when you make a deposit in euros or your currency on any platform.
Now simply go back to your exchange where you have your cryptocurrencies and you want to transfer them to KuCoin, go to the wallet and click on Bitcoin or Tether in your list of assets, then ‘Send’ on the right.
In the Recipient field, paste the wallet address into your clipboard, for security reasons you should always check if both addresses match. There is some computer malware that has been known to alter the contents of your clipboard to another wallet address and would essentially be sending funds to someone else.
Now click ‘Submit’ to proceed, you are going to receive a confirmation email instantly, click on the confirmation link in the email and your coins are on their way.
Check before you click that your wallet address is correct and there are no errors. It should take a short time, at most a few minutes or less. And see the notification in KuCoin and in the other exchange that you have sent the cryptocurrencies. Now you are ready to buy BLOK with your USDT or BTC.
Trading with BLOK
Go to markets, and select USDT if you are using Tether or BTC, in case you are using Bitcoin. Search for Bloktopia or “BLOK” in the search engine.
In the right column there is a search bar, now make sure “BTC” is selected as we are trading BTC to altcoin pair or USDT if you use Tether. Click on it and type “BLOK”, you should see BLOK/BTC or BLOK/USDT, select that pair and you should see a BLOK/BTC price chart in the middle of the page.
Below it is a box with a green button that says “Buy BLOK”, inside the box, choose the “Market” tab here as it is the most straightforward type of buy orders. You can type in your amount or choose how much of your BTC deposit you would like to spend on the purchase by clicking on the percentage buttons. When you have confirmed everything, click “Buy BLOK”. You already own this cryptocurrency.
Platform: KuCoin
Min. Deposit: $30
License: Cysec
Very low commissions
Exchange with a wide variety of cryptocurrencies
What is Bloktopia?
A DECENTRALIZED METAVERSE
BUILT AND SUPPORTED
Bloktopia will provide an unprecedented VR experience for the cryptocurrency community, bringing users together in an immersive and engaging environment.
INTRODUCING BLOKTOPIA
THE HOME OF CRYPTOCURRENCIES
Bloktopia is a skyscraper composed of 21 levels to pay for the recognition of 21 million Bitcoin. Token holders will be known as Bloktopians. It will act as a central hub and welcome all levels of cryptocurrency expertise. For the first time, users will have access to cryptocurrency information and immersive content in one place. Bloktopians will be able to earn income through real estate ownership, advertising revenue, gaming, building networks and much more. By utilizing the world’s most advanced real-time 3D authoring engine, Bloktopia will leverage this technology to create stunning visualizations and user experiences.
AN EVER-CHANGING REALITY
ON THE BLOK
According to Zion Market Research, the global augmented and virtual reality market was valued at about $26.7 billion in 2018, and is expected to reach approximately $814.7 billion by 2025, at a CAGR of 63% between 2019 and 2025.
Bloktopia’s large user base will enable monetization through advertising and sponsorship providing an opportunity to share revenue generation through an NFT mechanism.
WHAT IS THE METAVERSE?
BRINGING NFT TO LIFE
The metaverse is the bridge between the physical and virtual worlds within the decentralized, open source virtual world. Cryptographic protocols will emerge to manage digital value, e.g., digital art, real estate, and advertising space. The enablers that will make this happen will be NFTs on the Polygon network, enabling affordable and fast transactions.
What is the Metaverse?
The world of cryptocurrencies can be an extremely difficult place to navigate. With YouTube, Telegram and Crypto Twitter the information is very disjointed.
Bloktopia will overcome this problem by positioning itself as a central hub, where users can come and learn in an open and friendly environment.
Generate revenue through multiple revenue streams.
Bloktopia will be a land of revenue opportunities for Bloktopians. As a result of the IDO, real estate will be made available for Bloktopians to purchase. Other opportunities will consist of passive earnings, gambling and advertising.
Relaxing, socializing, having fun and competing
Users can come to play games, entertain friends and network through a truly immersive, first-person perspective of a virtual reality world.
Push the limits of your creativity
Create scenes, artwork, challenges and more using the easy-to-use build tool, then enter events to win prizes. For more experienced creators, the SDK provides the tools to fill the world with games and social applications.
BLOK
BLOKTOPIA’S NATIVE TOKEN
WIN WITH BLOK
Bloktopians will be able to buy and sell BLOK through decentralized and centralized exchanges. All BLOK from initial purchases of real estate will be burned advertently decreasing the overall supply of the token. BLOK will also be needed to purchase items within Bloktopia, for example, by upgrading real estate space or buying items within the marketplace. This is what makes BLOK valuable and necessary for the ecosystem to function.
REBLOK
BUYING, SELLING AND RENTING VIRTUAL REAL ESTATE
EARN WITH REBLOK
Within Bloktopia the purchase of real estate is known as Reblok. Inhabitants of Bloktopia will be able to purchase real estate after the BLOK token distribution event (TGE). Real estate will be a valuable commodity within Bloktopia, allowing Bloktopians to speculate on the property and resell it for profit or rent it out for passive income opportunities.
ADBLOK
RECEIVE INCOME THROUGH ADVERTISING
EARN WITH ADBLOK
Within Bloktopia, one of the main income earning opportunities for investors is through advertising. Bloktopia will work with key brand partners and give them a unique opportunity to advertise on Bloktopia. A portion of the advertising fees generated will be returned to Bloktopia token holders.
BLOCK TOKENS
Bloktopia real estate will be sold in an eight-phase sale. All BLOK tokens used to purchase BLOK real estate will be publicly blocked by reducing the supply of BLOK tokens.
BLOK is Bloktopia’s native token. BLOK will be required to purchase or lease all real estate within Bloktopia.
Bloktopia inhabitants will be able to purchase items in the Bloktopia marketplace, through an NFT mechanism. The marketplace will display items to customize both real estate and avatars.
BLOK is a utility token and offers its holders a wide range of functions within Bloktopia. For example, accessing exclusive events, participating in presales and gambling.
Bloktopia will operate on a governance model. Reblok’s NFT holders will be part of that governance board. Each NFT will vote through a DAO. Proposals will be presented to the DAO, where NFT holders will vote, winning the majority of votes.
Platform: KuCoin
Min. Deposit: $30
License: Cysec
Very low commissions
Exchange with a wide variety of cryptocurrencies
