FAQ

Please find below the answers to our most frequently asked questions.

Mobile App

Getting started on the Blockkoin Mobile App

By downloading the Blockkoin mobile app, you’re literally bringing the freedom of cryptocurrency trading to your fingertipsTrade on the go by logging into the Blockkoin app with your username and password. If you have not yet registered for a free Blockkoin account, please do so by setting up a username and password. Your email address and Blockkoin password are your keys to unlocking the world of cryptocurrency on your phone. 

Download the Blockkoin mobile app for free now on Google Play or App Store.

How to register (for new users) 

If you’re new to Blockkoin and you haven’t opened an account with us yet, please follow these easy steps: 

  1. Open the Blockkoin app on your phone and click “sign-up” 
  2. Enter your email address, create a strong password for your Blockkoin account with a minimum of 8 characters (it should include letters, numbers and special characters like @, # or *) and then click “next” 
  3. Fill in the affiliate code (that you were given by the person who referred you to Blockkoin), your name, your country, surname and click “next” 
  4. A verification code will be sent to your email address. You should be ready to access your email to complete the sign-up process. As soon as you receive the verification code, click “continue” 
  5. Enter the 6-digit code that you received in your email
  6. After your email is successfully verified, you will get access into the app immediately. The next time you want to use the app again, simply log in with your email address and Blockkoin password. 

Download the Blockkoin mobile app for free now on Google Play or App Store.

How to log into the Blockkoin App on your smartphone (registered users) 

If you’ve already registered for a Blockkoin account via our exchange website (sign up here)you don’t have to sign-up again on the app. Simply log in to the app as follows: 

  1. Open the Blockkoin app on your phone and click “log-in”.
  2. Enter your email address and password for your Blockkoin account.
  3. You will be prompted to set a 4-digit pin that adds extra security to your accountEnter any four numbers of your choice that you can easily memorize. For a 24hr period, you will be able to log in using your pin without having to enter your email and password every time.
  4. When you’re logged in, use the menu bar at the top right and the tabs at the bottom to navigate through the exciting features of the app.

How to activate Two-Factor Authenticator on your Blockkoin App 

Secure your Blockkoin account by enabling Two-Factor Authenticator (2FA) on the Blockkoin App. This serves as an extra layer of security that will prevent hackers from stealing your password and potentially gaining access to your account.  

How to activate 2FA using a smartphone: 

  • Download the 2FA app from the Play Store on your smartphone 
  • Then, log into your Blockkoin account via the app 
  • Go to “Settings” (Icon bottom right of your screen) 
  • Click on “Two Factor Auth Settings” tab 
  • Activate the “Login” security setting by sliding the tab to the right 
  • Next, click on the “Setup” tab 
  • A QR-code will appear on your screen 
  • Copy the code and paste it into your 2FA app on your phone 
  • The app will save your Blockkoin settings 
  • Blockkoin will ask for the security code that is displayed on the app 
  • Click “Save” 

Every time you want to access your Blockkoin account, you will be asked for the 2FA code. Please note that this is a once-off code that is time sensitive. A new code will appear upon expiry of the old code.  

Download the Blockkoin mobile app for free now on Google Play or App Store.

How to deposit fiat into the Blockkoin App 

Use the Blockkoin mobile app to deposit fiat into your account now and start enjoying the convenience of trading on the go. 

How to deposit fiat  

Top-up your Blockkoin account with fiat by following these easy steps: 

  1. Open the Blockkoin app and login.
  2. Click on the wallet icon at the bottom left of your screen and then clickFiat”. 
  3. Select the fiat you want to deposit (EUR, GBP, ZAR or USD) and click on the square deposit icon. 
  4. Enter the amount you want to deposit and click “Submit”.
  5. Once your request to deposit has been successfully submitted, the next step is to wire the amount to Blockkoin. 

How to do a wire transfer (EFT)  

  1. Click the 3 bar menu on the top left of the app and select “Online Account Top-up” 
  2. Under “Wire Transfer Payment Instructions”, you will find the banking details relevant to the fiat you want to deposit. This feature allows you to manually deposit the fiat currency of your choice from your bank to your Blockkoin account.  
  3. Go to your banking platform and transfer the amount you wish to deposit into the relevant Blockkoin bank account. Please note that any deposit that amounts to more than £10,000 will require a source of funds check and will need to be cleared by Blockkoin’s compliance department. 
  4. As soon as the transaction is processed, the money will automatically reflect in your Blockkoin account and you can start trading. 

If you need more information or assistance making a deposit, contact us via the live chat on the app. 

Download the Blockkoin mobile app for free now on Google Play or App Store.

Depositing cryptocurrencies on the Blockkoin App 

Trade on the go with the Blockkoin App. Deposit your favourite cryptocurrencies into your Blockkoin account to start trading. We have a variety of reputable cryptocurrencies listed on Blockkoin Exchange and now they are conveniently available on the app.  

How to deposit cryptocurrency 

  1. Open the Blockkoin app on your phone and log in with your details. 
  2. Click on the wallet icon at the bottom of the screen. 
  3. Select “Crypto” 
  4. Choose the cryptocurrency that you want to deposit into your account (BTC, ETH, XRP or BK). 
  5. Let’s say you want to deposit BTC – there are two icons next to the BTC symbol – the arrow icon (Transfer) and the fourblock icon (Deposit). Select the four-block icon to make a deposit 
  6. Press OK. The system will generate a crypto wallet address.  
  7. You can choose to either copy your unique BTC wallet address or simply utilize the QR-code on the page. 
  8. Copy your unique BTC wallet address into the platform from where you are transferring the BTC. Alternatively scan the QR-code. Your funds will appear in your account in no time.  

Be sure to double check that you have the correct wallet address. If you send BTC to an ETH wallet address for example, your funds may be lost. It is very important that you only send BTC to a BTC wallet.  

Download the Blockkoin mobile app for free now on Google Play or App Store.

Buying BK-Koin on the Blockkoin App with a Debit or Credit Card  

The quickest and easiest way to top-up your Blockkoin account is to do an online payment on the Blockkoin App using your debit or credit card. This way, the funds reflect immediately in your Blockkoin account and you can start trading right away.  

How to do buy BK-Koin with a debit/credit card  

  1. Open the Blockkoin app and log in with your details. 
  2. Click the menu bar on the top left and select “Online Account Top-up”.
  3. Under“ Immediate Paymentsclick on the flag representing the currency of your choice. You will find options to pay with either GBP, EUR, USD or ZAR. 
  4. Fill in your contact information, location, referral ID and agree to the Terms & Conditions. 
  5. Choose a pricing option. You can buy BK-Koin at a normal unrestricted price or at a discounted locked-away price 
  6. Add in the amount of koins you want to buy. Minimum purchase is 25 BK-Koins and maximum single purchase is 999 BK-Koins. 
  7. Under Payment Information, enter your debit/credit card details.
  8. Then press the button marked “Go for it!” 
  9. Congratulations! You have successfully purchased your BK-Koins. Your order is now complete and the funds will reflect immediately in your Blockkoin account.  

Use the Blockkoin mobile app to deposit funds into your account now and enjoy the convenience of trading on the go. If you need more information or assistance making a deposit, contact us via the live chat on the app. 

Download the Blockkoin mobile app for free now on Google Play or App Store.

Buying Bitcoin on the Blockkoin App 

Buy Bitcoin and other cryptocurrencies on Blockkoin at the best rate possible. Once you have successfully downloaded and registered on the Blockkoin appdeposit funds (ZAR, EUR, GBP, USD) into your account. Blockkoin offers a variety of cryptocurrencies for you to buy and sell.  

When funds reflect in your wallet, you are ready to buy Bitcoin or any of the cryptocurrencies listed on the Blockkoin app 

How to buy Bitcoin (or another cryptocurrency on the Blockkoin app) 

  1. Open the Blockkoin app on your phone and click “log-in”.  
  2. Enter your email address and password for your Blockkoin account.  
  3. Set a 4-digit pin for added security.  
  4. At the bottom of your screen, select the Exchange button (centre button).  
  5. Select the currency that you wish to buy (BTC, ETH, XRP or BK). As part of this exercise, we will select BTC.  
  6. The next window is the BTC/USD page. Be sure to select “Market Order” in the top right corner.  
  7. Here you have the option to choose the fiat currency that you want to buy the cryptocurrency with. It can be GBP, EUR or USD. As part of this example, we will select USD.  
  8. Next, select how much USD you want to spend on BTC. By simply dragging the bar to your right, you can select the amount that you wish to spend.  
  9. Click on the “Buy BTC” button at the bottom of the screen.  
  10.  A Summary page will appear on the next page titled “Review Order”. This page gives a breakdown of the total cost, total received, transaction fee and net amount received. Double-check to make sure your transaction is correct.   
  11. Click on the “Buy BTC” button.  
  12. Your order is complete and your account will be credited with the amount of Bitcoin you bought.   

Please note: you can buy any cryptocurrency on the Blockkoin app using the same method.  

Download the Blockkoin mobile app for free now on Google Play or App Store.

Withdrawing Fiat from the Blockkoin App 

The Blockkoin App has many benefits. Besides trading wherever you are, you can also make withdrawals from the app and your money will be deposited directly into your bank account. 

Here is a step-by-step guide on how to withdraw fiat from the Blockkoin App: 

  1. Open the Blockkoin app on your phone and log in with your details. 
  2. Click on the wallet icon at the bottom of the screen. 
  3. Select “Fiat”. 
  4. You have the option of withdrawing EUR, GBP, ZAR or USD to your bank account. 
  5. Let’s say you want to withdraw GBP – there are two icons next to the GBP symbol   the arrow icon (Transfer/Withdraw) and the four-block icon (Deposit). Select the arrow icon.
  6. Next, you will be asked for your bank name, account name and account number.  
  7. Once you have filled in your bank details, click “ok” and the system will transfer the funds into your bank account.  

Ensure you copy your correct banking details to avoid the disappointment of your funds getting lost. 

Download the Blockkoin mobile app for free now on Google Play or App Store.

Desktop App

How to register on the Blockkoin Exchange 

The Blockkoin Exchange platform is a one-stop shop where you can find all the major cryptocurrencies and fiat currencies in one place. Trade Bitcoin, Ethereum, Ripple and our very own gold-backed token, BK-Koin. Opening a Blockkoin account is fast, easy and free! 

How to sign up for a Blockkoin account: 

  • Go to www.blockkoin.io and click “Free sign-up” 
  • Enter your name, surname, email, country and create your 12-character Blockkoin password 
  • Confirm your password and accept Blockkoin’s Terms and Conditions 
  • Enter the affiliate code you were given by the person who referred you to Blockkoin 
  • Click sign up 
  • In order to create a free Blockkoin account, you should have access to your email. Confirm your email address by entering the 6-digit verification code that will be sent to your email.  
  • When your email is confirmed, you can immediately log into your Blockkoin account using your email address and the Blockkoin password you created. 

Getting a Blockkoin account really is as simple as that! Sign up for yours now at www.blockkoin.io . If you have any questions, contact us via the Live Chat on the website. 

What is Know Your Client (KYC)? 

The Know Your Client (KYC) procedure is important for all cryptocurrency exchanges to assess customer risk and to comply with Anti-Money Laundering (AML) laws.  

Any financial institution could face possible fines and sanctions if they do not comply with KYC legislation. KYC has been put in place to protect organizations from fraud and losses that may result from illegal transactions.  

Here are the top 3 reasons why financial institutions have to implement KYC: 

  • Prevents trading bots from manipulating the market and ensures customer identity. 
  • Establish the nature of the client’s activities and reason for trading. This comes down to the legitimacy of the client’s funds. 
  • Ensures clients are not using the exchange for illegal activities such as money laundering and terrorism activities.  

Doing KYC on Blockkoin 

Doing KYC on Blockkoin is easy. All you have to do is provide some basic information about yourself and you are ready to trade!  

Blockkoin offers traders various levels which increases their account limits. 

Simply log onto your Blockkoin account. Click on the ‘Profile’ icon where you will find information pertaining to your KYC Level.  

Here with the information required from traders to qualify for the different levels: 

Personal Details (KYC Level 1) 

  • Given Name 
  • Surname 
  • Country 
  • Email Address 

 

Verification (KYC Level 2) 

  • House Name or Number and Street Name 
  • Middle Name 
  • Birthdate 
  • Phone Number 
  • Town or City 
  • State or Province 
  • Government-Issued Photo ID 

 

Additional Information (KYC Level 3 – upload one from the list below). 

  • IDCP Selfie 
  • Last 3 salary receipts 
  • Other certificate of income 
  • Utility Bills (less than 3 months old)
  • Bank Statement (less than 3 months old) 
  • Tax bill (less than 3 months old) 
  • Rent Agreement (less than 3 months old) 

For more information or assistance, contact us via the live chat in the bottom right hand corner of this page.

Topping-up your account on the Blockkoin Exchange Platform 

The first step before you can start trading, is to deposit funds into your Blockkoin account. You can deposit UK Pounds (GBP), Euros (EUR), U.S. Dollars (USD) or S.A. Rand (ZAR) via a wire transfer (EFT).  

How to deposit fiat: 

  • Visit www.blockkoin.io  and log in to your account using your email and password 
  • Click on the wallet icon in the left-hand bar and select “Fiat” 
  • Choose the currency you want to deposit (GBP, EUR, USD or ZAR) 
  • Next, the system will show Blockkoin’s banking details that are relevant to the currency you wish to deposit.
  • Insert the amount you wish to deposit and click “Submit”.
  • After your deposit request has been successfully submitted, the next step is to visit your banking site and make an EFT payment to Blockkoin’s bank account.
  • Once your payment has been received, your trading account will be automatically credited and a notification will be sent to your email address. Please note that due to bank procedures, it may take some time for the funds to reflect in our Blockkoin account. 

Important notice: Any deposit that exceeds £10 000 will require a source of funds check. You will find the wire transfer instructions if you click “payments” on the home page of our website.  

Top up your Blockkoin account with fiat and start trading your favourite cryptocurrencies today! 

For more information or assistance, contact us via the live chat in the bottom right hand corner of this page.

How to deposit cryptocurrencies to your Blockkoin account  

Sending funds to your Blockkoin account is a super-fast and cost-effective way to receive funds. Thanks to cutting edge blockchain technology, you can receive funds (cryptocurrencies) on a secure and transparent system in a matter of seconds. Never before has it been so easy to receive payments.  

Here is a step-by-step guide on how to deposit cryptocurrencies to your Blockkoin account: 

  • Click on the Wallet icon on the left side of your screen. 
  • Select which cryptocurrency you would like to deposit into your Blockkoin account. Choose from BK-Koin, BTC, ETH and XRP. We will use ETH as an example.  
  • The next screen will show “Deposit & Withdraw”. Select “Deposit”.  
  • Ensure the system reads “Deposit: Ether”. Remember if you send or receive ETH to any other wallet besides an ETH wallet, your funds will be lost. 
  • Click on “Generate Deposit Address”  
  • Your ETH wallet address will appear and will look like this: 0xef17101282c1a069fc44817b08d4dbb98bc25d5f. 
  • Click on “Copy Code” to copy the ETH wallet address. You can send this wallet address to the person who will be depositing ETH into your wallet. Alternatively, if you are depositing ETH from a different exchange or wallet, simply paste your ETH wallet address when prompted.  
  • Alternatively, scan the QR Code to receive ETH. Once your deposit is sent to this address, your account will automatically update after the cryptocurrency network confirms your transaction.  
  • Depending on the network speed, the ETH will reflect in your wallet shortly.  

For more information or assistance, contact us via the live chat in the bottom right hand corner of this page.

How to activate Two-Factor Authenticator on your Blockkoin account 

Secure your Blockkoin account by enabling Two-Factor Authenticator (2FA). This serves as an extra layer of security that will prevent hackers from stealing your password and potentially gaining access to your account.  

How to activate 2FA using a smartphone: 

  • Download the 2FA app from the Play Store on your smartphone 
  • Then, log into your Blockkoin account
  • Go to “Settings” 
  • Click on the “Security” tab 
  • Under 2-step verification, you will see a QR-code 
  • Use your phone to scan this QR-code in the 2FA app 
  • The app will save your Blockkoin settings 
  • Blockkoin will ask for the security code that is displayed on the app 
  • Click “Save” 

Every time you want to access your Blockkoin account, you will be asked for the 2FA code.
Please note that this is a one-time code that is time sensitive. A new code will appear upon expiry of the old code.
 

How to change your password on the Blockkoin Exchange 

Your Blockkoin password is the key to your account therefore it is very important that you keep it safe. If you feel that your password might have been compromised in any way, you can easily reset it from your account.  

How to reset your Blockkoin password  

  1. Log in to yourBlockkoinaccount 
  2. Click on theSettings icon on themenu bar on the left side of your screen 
  3. Under “Settings”, select“Security
  4. Under “Security”, you will seea section “Change Password” 
  5. Enter your email addressassociated with your accountin the space provided and click submit 
  6. A 6-digit verification code will be sent to your email 
  7. Enter the code you received in your email and create a new password (it should be at least 12 characters long, includingsomecapital letters, numbers and symbols like #, & or @) 
  8. Type in your new password again to confirm it
  9. Click submit and your new password will be set.

Remember to always keep your password safe to ensure that your account remains protected. 

If you have any questions, contact us via the Live Chat on the website. 

Buying BK-Koin online on the Blockkoin Exchange 

You can purchase BK-Koin online from our platform using your debit or credit card. The online payment method is instant which means that your koins will reflect in your Blockkoin account immediately. 

How to buy BK-Koin with your debit/credit card 

  1. Go toBlockkoin’s home page  www.blockkoin.io  and click “Payments”. 
  2. Under “Immediate Payments”, click on the flagwhich represents the currency you want to pay with (BritisPound, Euro, US Dollar or SA Rand). 
  3. Fill in your contact information,locationand accept Blockkoin’s Terms & Conditions. 
  4. Choose a pricing option. You can buy BK-Koinat a normal unrestricted price or at a discounted locked-away price.
  5. Enterthe amount of BK-Koins you want to buy (minimum purchase is 25 Blockkoins and maximum single purchase is 999 Blockkoins).
  6. Then press the button marked “Go for it!” and follow the prompts from there. YourBlockkoinaccount will be credited as soon as you complete the payment. 

Buy your BK-Koins with your debit/credit card to avoid the delays of EFT transfers and bank deposits.  

For more information or assistance, contact us via the live chat in the bottom right hand corner of this page.

How to buy Bitcoin on Blockkoin 

Traders can now choose to buy a variety of cryptocurrencies on the Blockkoin Exchange. With competitive rates and speedy transaction times, Blockkoin is the obvious choice for crypto traders. We take you step-by-step through the process of buying Bitcoin on the Blockkoin exchange. This tutorial is also applicable when you want to buy other cryptocurrencies besides Bitcoin. 

How to buy Bitcoin on Blockkoin: 

  • Log in to your Blockkoin account on www.blockkoin.io 
  • Click on the “Transfer” button (two arrows) on the left side of your screen.
  • Click on the down arrow to select the currency you wish to buy. In this case, we will demonstrate how to buy Bitcoin (BTC) with USD. 
  • The Market Overview tab gives you an indication of what the charts are like. These are live charts.
  • The next tab, Order Book is an indication of how much Bitcoin is being offered to buy and sell at a given price. The red bars indicate the sellers while the green bars represent the buyers.
  • The third tab, the Trade bar is important if you want to trade on the BTC/USD tab.
  • Under the Trade bar, select “Market” from the scroll down menu.
  • Under “Available To Trade”, you will see your USD balance.
  • Next, indicate the amount of Bitcoin you want to buy in the “Amount To Buy” bar.
  • The Transaction Summary will summarize how much Bitcoin you will be purchasing and at which price. Since you selected “Market”, you will be paying the market price. You may also select to buy per “Limit”.
  • If you are satisfied with your order, click on the “Place Order” tab.
  • Your Open Order will appear in the bottom right hand of your screen. When your order is filled, it will no longer appear as an Open Order.
  • Congrats! You have successfully bought Bitcoin on Blockkoin! 

If you need assistance to buy Bitcoin or other cryptocurrencies on Blockkoin, contact us via the Live Chat in the bottom right hand corner of this page.

How to withdraw cryptocurrencies from your Blockkoin account  

Sending funds to friends and family or simply making a payment, is instant and convenient when using the Blockkoin Exchange. Regardless of where you are and what time of the day or night it is, Blockkoin is the number one choice for instant payments. 

 

Here is a step-by-step guide on how to withdraw cryptocurrencies from your Blockkoin account: 

  • Click on the Wallet icon on the left side of your screen. 
  • Select which cryptocurrency you would like to withdraw from your Blockkoin account. Choose from BK-Koin, BTC, ETH and XRP. We will use ETH as an example.  
  • The next screen will show “Deposit & Withdraw”. Select “Withdraw”.  
  • Ensure the system reads “Withdraw: Ether”. Remember if you send or receive ETH to any other wallet besides an ETH wallet, your funds will be lost.  
  • Next, wither enter the amount of ETH you want to withdraw.
  • Or, choose from withdrawing 25%, 50%, 75% or Max of your ETH holdings. 
  • Enter the ETH wallet address to which you want to send the ETH. 
  • The Blockkoin exchange conveniently provides you with information pertinent to your account such as: Amount, Minimum Amount, To Receive and the associated Fee. 
  • If you are satisfied that the information you provided is correct, click on “Withdraw”. 
  • The amount you are withdrawing will be deducted from your wallet and your balance updated. 

For more information or assistance, contact us via the live chat in the bottom right hand corner of this page.

How to Trade with BK-Koin on the Blockkoin Exchange 

Blockkoin exchange has a liquid order book that allows you to trade your BK-Koins with other cryptocurrencies listed on our trading platformYou can trade BK-Koin with Bitcoin (BK/BTC), BK-Koin with Ripple (BK/XRP) or BK-Koin with Ethereum (BK/ETH).For more information or assistance, contact us via the live chat in the bottom right hand corner of this page.

How to sell BK-Koin to buy Bitcoin  

  1. Log in to your Blockkoin account
  2. Clickthe Trade icon (the opposite arrows) on the menu bar on the left side of your screen 
  3. Directly above theMarket Overview section, you will see “Search Pairs” where you can type in BK/BTC and search for that pair. Alternatively, you can click the down arrow to see the list of available pairs and then select BK/BTC  
  4. Under theTradesection, click Sell and then enter the amount of BK you want to sell. The “Transaction Summary” section below will show you the amount of BTC you are going to receive for the BK you are selling. 
  5. Click the “Place Order” buttonand your transaction will be processed immediately. 

Please note that you can follow thsame steps in this guide if you want to trade BK/XRP or BK/ ETH. If you need more information about trading with BK-Koin, contact us via the Live Chat in the bottom right hand corner of this page.

How to sell Bitcoin to buy BK-Koin 

  1. Log in to your Blockkoin account.
  2. Clickthe Trade icon (the opposite arrows) on the menu bar on the left side of your screen. 
  3. Directly above theMarket Overview section, you will see “Search Pairs” where you can type in BK/BTC and search for that pair. Alternatively, you can click the down arrow to see the list of available pairs and then select BK/BTC.  
  4. Under the “Trade” section, click Buy and then enter the amount of BK you want to buy. The “Transaction Summary” section below will show you the amount of BTC it is going to cost you to buy BK. 
  5. Click the “Place Order”button and your order will be processedimmediately.

You can keep track of all your orders in the “Orders” section located at the bottom right of your screen. 

Please note that you can follow thsame steps in this guide if you want to trade BK/XRP or BK/ ETH. If you need more information about trading with BK-Koin, contact us via the Live Chat in the bottom right hand corner of this page.

How to Get Paid in BK-Koin 

Blockkoin offers its clients the opportunity to get paid in its native currency, BK-Koin on the Blockkoin Exchange platformNow you can receive remuneration instantly for goods sold or services rendered with BK-Koin. Once you have BK-Koin, you have freedom and control over your funds. BK-Koin can be converted into any cryptocurrency like BTC, ETH, and XRP or withdrawn into your bank account for ZAR/EUR/USD/GBP. 

 

Advantages of getting paid in BK-Koin 

  • BK-Koin can be easily converted into cash or other digital currencies such as Bitcoin, Ripple or Ethereum.
  • Fast transaction speed.  
  • Low transaction costs. 
  • Transparent and trustworthy exchange platform. 
  • Gives users freedom over their funds. 

Follow these steps to get paid in BK-Koin: 

STEP 1  

Sign up for a free Blockkoin account on our exchange platform and get a digital wallet where your BK-Koins can be deposited instantly. 

 

How to sign up for a Blockkoin account: 

  • Go to www.blockkoin.io and click “Free sign-up” 
  • Enter your name, surname, email, country and create your 12-character Blockkoin password 
  • Confirm your password and accept Blockkoin’s Terms and Conditions. 
  • Enter the affiliate code you were given by the person who referred you to Blockkoin.
  • Click sign-up.
  • In order to create a free Blockkoin account, you should have access to your email. Confirm your email address by entering the 6-digit verification code that will be sent to your email.
  • When your email is confirmed, you can immediately log into your Blockkoin account where your BK-Koin payments will be deposited. 

STEP 2 

Trade your BK-Koin for cash or other digital currencies listed on Blockkoin Exchange. 

How to trade BK-Koin with other cryptocurrencies 

  • Log in to your Blockkoin account 
  • Click the Trade icon (the opposite arrows) on the menu bar on the left side of your screen.
  • Directly above the “Market Overview” section, click the down arrow to see the list of available trading pairs and then select the cryptocurrency you want to trade your BK-Koins with. Let us use BK/BTC as an example.
  • Under the “Trade” section, click Sell and then enter the amount of BK-Koins you want to sell. The “Transaction Summary” section below will show you the amount of Bitcoin you are going to receive for the BK-Koins you are selling.
  • Click the “Place Order” button and your transaction will be processed immediately. 

How to trade BK-Koin with fiat  

  • Log in to your Blockkoin account. 
  • Click the Trade icon (the opposite arrows) on the menu bar on the left side of your screen. 
  • Directly above the “Market Overview” sectionclick the down arrow to see the list of available trading pairs and then select the currency you want to trade your BK-Koins with. Let us use BK/USD as an example. 
  • Under the “Trade” section, click Sell and then enter the amount of BK-Koins you want to sell. The “Transaction Summary” section below will show you the amount of US dollars you are going to get for the BK-Koins you are selling.
  • Click the “Place Order” button and your transaction will be processed. You can keep track of all your orders in the “Orders” section located at the bottom right of your screen. 

STEP 3 

Withdraw fiat from your Blockkoin account and deposit it directly into your bank account. 

How to withdraw fiat from your Blockkoin account 

  • Log in to your Blockkoin account. 
  • Click on the wallet icon on the bar to the left of your screen. 
  • Under “Wallets”, select “Fiat” 
  • Then click on the currency you want to withdraw (EUR, GBP, ZAR or USD) 
  • Under “Deposit & Withdraw”, click the withdraw option.
  • Next, fill in your banking details and enter the amount you wish to withdraw.
  • Finally, click the submit button and the system will transfer your money directly into your bank account. It really is that simple! 

Get paid in BK-Koin and smile all the way to the bank. If you need more information, you can contact us via the Live Chat in the right hand corner of this page.

Blockkoin Fee Schedule 

Blockkoin Fee Schedule 

Blockkoin offers competitive, market-related trading fees on all cryptocurrencies listed on the exchange. Here is the Blockkoin Fee Schedule: 

Blockkoin Deposit and Withdrawal Fees 

 

Deposit Fee 

Withdrawal Fee 

USD 

0% 

1% 

GBP 

0% 

1% 

EUR 

0% 

1% 

ZAR 

0% 

1% 

BTC 

0% 

1% 

ETH 

0% 

1% 

XRP 

0% 

1% 

BK 

0% 

1% 

 

Blockkoin Trading Fees 

 

Buyer Taker 

Seller Taker 

Buyer Maker 

Seller Taker 

BTC/USD 

2% 

1% 

1% 

1% 

BTC/ZAR 

2% 

1% 

1% 

1% 

BTC/EUR 

2% 

1% 

1% 

1% 

BTC/GBP 

2% 

1% 

1% 

1% 

ETH/BTC 

2% 

1% 

1% 

1% 

ETH/USD 

2% 

1% 

1% 

1% 

XRP/BTC 

2% 

1% 

1% 

1% 

XRP/USD 

2% 

1% 

1% 

1% 

XRP/ETH 

2% 

1% 

1% 

1% 

BK/ETH 

0% 

0% 

0% 

0% 

BK/BTC 

0% 

0% 

0% 

0% 

BK/XRP 

0% 

0% 

0% 

0% 

BK/USD 

0% 

0% 

0% 

0% 

 

What is the difference between “Maker” and “Taker”? 

A Maker (limit order) is a trader who attempts to buy lower than the current market price or sell higher than the current market price.  These orders may not be executed immediately. The trader may have to wait until a buyer or sell accept their sale/buy price.  

A Taker (market order) is when traders buy/sell coins at the current market price. These types of trades are usually executed immediately.  

Why do the “Maker” and “Taker” fees differ? 

Traditionally, Makers add liquidity to an exchange whilst Takers take away volume from the exchange’s order book.  

Download the Blockkoin mobile app for free now on Google Play or App Store.

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