How to Buy BLOCK on MEXC: A Detailed Guide

Introduction to BLOCK and Why Choose MEXC

BLOCK (Blockstreet) is an innovative cryptocurrency project designed to bridge traditional finance and Web3, empowering the next wave of builders driving USD1 adoption. The Blockstreet team boasts experience in billion-dollar exits, top 100 blockchain projects, and major venture capital networks, making BLOCK a compelling investment for both crypto newcomers and seasoned traders. Its unique features include a strong focus on real-world asset integration, robust BLOCK community engagement, and a scalable BLOCK ecosystem, attracting attention from institutional investors and retail traders alike for its innovative BLOCK technology and growth potential.

MEXC is recognized as one of the most trusted global cryptocurrency exchanges, renowned for its robust security protocols, comprehensive risk management systems, and regular security audits. For BLOCK traders, MEXC offers high liquidity, competitive trading fees starting at just 0.1%, and fast transaction processing, making it an ideal platform for buying, selling, and managing BLOCK tokens.

Setting Up: Create Your MEXC Account and Prepare for Trading

Before purchasing BLOCK, you must create a secure MEXC account. Visit the official MEXC.com website or download the MEXC app from the Apple App Store or Google Play Store, then click the 'Register' button in the top-right corner. Registration can be completed using your email address, mobile phone number, or third-party accounts such as Google, Apple, MetaMask, or Telegram.

After registration, enhance your account security by enabling Two-Factor Authentication (2FA), setting a strong, unique password, and completing identity verification (KYC). The KYC process on MEXC is straightforward and typically completes within 24 hours, requiring a government-issued ID, proof of address, and a selfie holding your ID.

To fund your account for BLOCK purchases, MEXC supports multiple options including credit/debit card purchases, bank transfers, P2P trading, and crypto deposits from external wallets. For beginners, the credit/debit card option is the most convenient and immediate way to start trading BLOCK.

The MEXC trading interface is intuitive yet feature-rich, with essential components such as the order book, BLOCK price chart, trading history, and order placement panel. Familiarize yourself with these elements and the available order types before placing your first BLOCK trade.

Method 1: Direct Purchase with Credit/Debit Card

For crypto beginners seeking a quick way to buy BLOCK, MEXC's credit/debit card option is straightforward. After logging in, navigate to the 'Buy Crypto' section from the top navigation menu or homepage. Select BLOCK from the list of available cryptocurrencies. The BLOCK purchase process involves four simple steps:

1. Enter the BLOCK amount you wish to purchase or the fiat amount you want to spend.
2. Select your preferred payment currency (USD, EUR, GBP, etc.).
3. Choose your payment method and enter your card details.
4. Review the transaction details, including the BLOCK amount, exchange rate, and applicable fees.

After confirming your purchase, complete any required 3D Secure verification. BLOCK transactions typically process within minutes, and you can monitor the status in your 'Orders' or 'Transaction History' section. To minimize fees, consider purchasing during off-peak hours, buying larger amounts to reduce the percentage impact of fixed fees, and checking for any promotional fee discounts.

Method 2: Trading BLOCK on MEXC Spot Market

For experienced users or those seeking better rates, trading BLOCK on the MEXC spot market is preferred. First, fund your account with a base currency like USDT, which can be purchased directly on MEXC or transferred from another wallet. Navigate to the 'Spot Trading' section and use the search function to find the BLOCK/USDT trading pair.

The trading interface displays real-time BLOCK price movements, BLOCK trading volume, and order book depth for BLOCK. MEXC offers multiple order types:

• Market orders for immediate execution at the best available BLOCK price.
• Limit orders to buy BLOCK at a specific price or better.

After your order executes, your BLOCK balance will appear in your MEXC Spot wallet. You can continue trading BLOCK, hold for potential appreciation, or transfer to an external wallet for long-term storage.

Alternative Methods and Advanced Options

Beyond standard purchasing, MEXC offers additional ways to acquire and maximize your BLOCK holdings:

• P2P trading platform: Connects buyers and sellers directly, allowing you to purchase BLOCK using bank transfers, mobile payments, or other local payment options, often with lower fees than credit card purchases.
• Futures trading: MEXC provides BLOCK futures contracts with leverage up to 125x, enabling you to maximize potential returns while committing less capital. Both USDT-M and COIN-M futures options are available for flexible BLOCK derivatives trading.
• Staking and earning: BLOCK holders can benefit from staking opportunities on MEXC, earning passive income through annual percentage yields (APY). Flexible and fixed-term BLOCK staking options are available, catering to different risk appetites.
• Promotions and airdrops: MEXC regularly hosts trading competitions, airdrops, and launchpad events for BLOCK and related projects, providing opportunities to acquire BLOCK tokens at preferential rates or win rewards.

Conclusion

MEXC offers multiple secure pathways to acquire BLOCK, tailored to your needs and experience level. To protect your BLOCK investment, always enable all available security features and consider withdrawing significant BLOCK holdings to a hardware wallet. Beginners may prefer direct card purchases, while experienced traders will benefit from the advanced features of BLOCK spot trading. Whether investing for short-term gains or long-term holding, MEXC provides a secure and user-friendly platform for your BLOCK journey. After your BLOCK purchase, explore staking and Earn products to maximize your digital asset potential.