How to Buy BlocX Crypto (BLX)
What is BlocX Crypto?
According to Coingecko, BlocX is : What is the project about? BlocX is a Layer 1 blockchain technology that focuses on Speed, Low gas fee and The secureness of the network. The technology has been designed to address the growing need for interoperability between different EVM blockchain networks, which is becoming increasingly important as the number of blockchain networks and applications continues to grow. This mechanism is designed to be highly scalable, allowing for large numbers of transactions to be processed quickly and efficiently. One of the key features of BlocX is its ability to seamlessly integrate with other EVM blockchain networks, allowing users to transfer assets and data between different blockchains with ease. This is achieved through the use of smart contracts, which allow for complex transactions to be executed automatically and transparently. Another important feature of BlocX is its focus on security. The technology uses advanced cryptographic techniques to ensure that transactions are secure and private, and that user data is protected at all times. This makes BlocX an ideal choice for applications that require high levels of security. What makes your project unique? BlocX is a Layer 1 blockchain that will stand out but stand together with EVM compatible networks. By prioritizing low gas costs and maintaining a secure network, BlocX opens up new possibilities for decentralized applications (dApps), developers, and users in the blockchain ecosystem. KEY FEATURES: Low Gas Costs for Enhanced Affordability Interoperability across EVM-Compatible Blockchains Secure Network for Trustworthy Transactions History of your project. BlocX was launched on the Binance Smart Chain network on the 12th Of April 2023 Vision. BlocX is a blockchain layer 1 network built on the Proof of Stake (PoS) consensus mechanism. Our vision for BlocX is to create a high-performance blockchain infrastructure that is both fast and efficient, while also being highly secure and decentralized. At BlocX, we understand that speed and efficiency are critical factors in the success of any blockchain network. That's why we are committed to building a platform that can process transactions quickly, with low gas fees, and without sacrificing security or decentralization. To achieve this vision, BlocX is leveraging the latest advancements in blockchain technology, including advanced consensus algorithms, sharding, and optimized smart contract execution. By combining these innovations, we are able to offer a platform that can handle a high volume of transactions per second, while keeping gas fees low and minimizing network congestion. In addition, BlocX is focused on providing a highly secure and decentralized network. Our PoS consensus mechanism ensures that the network is secured by a diverse set of validators, without relying on energy-intensive mining. We also offer robust security features, including advanced encryption and decentralized key management, to protect user data and assets. We believe that by providing a platform that is accessible, affordable, and easy to use, we can help drive the adoption and growth of blockchain technology, and unlock its full potential for the benefit of society.
Where can I buy BLX Crypto?
You can buy BlocX on PancakeSwap.
Why should you buy BlocX?
Binance Smart Chain has been gaining a lot of traction lately. The main motivation for this is the very low fees that it offers. Ethereum gas fees are way beyond acceptable. I've seen transaction fees of 100$+ in Uniswap, and nobody wants to pay that. Ethereum 2.0 has been in the works for years now, and there is still no solution for these absurd gas fees on the Ethereum Network.
BlocX is amongst the best projects on BSC.The roadmap is incredibly promising and if the dev team can keep up with the with it, it's only a matter of time for the market to catch up. It's a very risky play but one that can yield amazing profits. Do you own diligence and research the project further so you can make your own decision.
How to Buy BlocX Crypto?
Step 1 - Setting up a Metamask Wallet
Metamask is by far the most used walled in the world of Ethereum. Whenever you want to buy and sell cryptocurrencies or even use blockchain apps that run on the Ethereum Network, Metamask will be your best friend. Setting up the wallet is also very simple and easy.
Head over to metamask.io and click Download. You'll need to use Google Chrome, Brave Browser, Firefox, or Microsoft Edge for this to work. So make sure you are using one of these four browsers. Now at the end of the page, click on the browser you're using and install the extension.
You are now the Welcome Page of Metamask. Click on 'Get Started.' Now click on 'Create a Wallet.' Choose a strong password for your Metamask wallet and continue.
Very Important Part! Keeping your backup phrase safe is the difference between having millions in your account or be that guy on the landfill looking for his old hard drive.
Click on reveal your backup phrase and write every word down on paper. Make sure you don't save your backup phrase on anything digital. This is for your security. After you wrote down your backup phrase, you'll be asked to confirm it. Click on every word in the correct order, and you should be done.
Now since we are using the Binance Smart Chain, we'll need to add the Network. I'll go over this very quickly. If you need a more in-depth tutorial for this part, you can check out Binance's tutorial right here.
Click on the upper right corner where you see the image and then click Settings. Select Networks and click on Add Network.
Fill out the boxes with this info:
Network Name: Smart Chain
New RPC URL: https://bsc-dataseed.binance.org/
ChainID: 56
Symbol: BNB
Block Explorer URL: https://bscscan.com
Click Save, and now you have Binance Smart Chain installed on your Metamask.
Step 2 - Buy BNB on Simpleswap
Simpleswap is the easiest way to buy crypto today. Free from registrations, KYC and third-party custody. With Simpleswap we can buy BNB and receive it directly on our on-chain Metamask wallet, skipping most of the steps we'd have to take through a traditional exchange.
Click here to access Simpleswap
Just click the Buy/Sell Crypto tab, insert the USD amount you want to trade for BNB, and click "Exchange", just like this:
Now all you have to do is click the Metamask fox logo to directly copy and paste your Metamask BNB address. It should add it automatically.
You can now choose between Google Pay or card to complete the payment:
Once you complete the payment, all you gotta do is wait a few minutes for the payment confirmation, and for the on-chain transaction to complete. Once all that is completed you should see your updated balance in Metamask.
Step 3 - Buy BlocX on PancakeSwap with BNB
Before we head over to PancakeSwap, we need to prepare your Metamask Wallet to receive BLX. Open Metamask, scroll all the way down, and click here:
Select Custom Token and paste this token contract address there:
0x2f5fb3d3ab21bde07c5aa389e92366651b406c30
The rest should autofill, and you need to click next and then add tokens. Your account is now ready to receive BLX.
You can check the price of BlocX, and confirm the Token Contract address on Coingecko.
Let's buy some BLX!
Go to Pancakeswap. On the upper right corner, click on Connect Wallet and select Metamask. A confirmation popup should open on Metamask (click on the "little fox logo" if you don't see it). Now you need to accept, connect, and your wallet should be connected to Pancakeswap.
Click on Select Token and paste this contract address: 0x2f5fb3d3ab21bde07c5aa389e92366651b406c30
Select it.
Now you have to select the amount of BNB you want to trade for BLX. After you confirm it, another popup will appear from the Metamask extension and you should approve the transaction.
Wait a few minutes, and your BLX should appear on your Metamask Wallet.
Congratulations! You are now a proud Investor of BlocX!
In case your transactions keep on failing, adjust your slippage tolerance. To do that, click on Pancakeswap's gear icon, and put 5% here:
Check out BlocX links:
Website: https://www.blocxchain.org/
Twitter: https://twitter.com/BL0CXCHAIN
Telegram: https://t.me/blocxchain
Explorer: https://bscscan.com/token/0x2f5fb3d3ab21bde07c5aa389e92366651b406c30
Discord: https://discord.gg/jdeMwBcu