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How to buy MovieBloc (MBL) in the US

Learn how to buy MovieBloc (MBL) easily by following a step-by-step guide and comparing 10+ crypto exchanges.

How to buy MovieBloc

1. Compare crypto exchanges

The easiest way to buy MovieBloc is from a cryptocurrency exchange. Comparing in the table below lets you find one with the features you want such as low fees, ease of use or 24-hour customer support.

2. Create an account

To create an account on an exchange you will need to verify your email address and identity. Have some photo ID and your phone ready.

3. Make a deposit

Once verified, you can deposit $ using the payment method that best suits you – cryptocurrency, , and payments are all widely accepted.

4. Buy MovieBloc

You can now exchange your funds for MovieBloc. On easier-to-use exchanges, this is as easy as entering the amount you want to purchase and clicking buy. If you like you can now withdraw your MovieBloc to your personal wallet.

Where to buy MovieBloc

Find an exchange to buy, sell and trade MBL by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the provider.

Name Product Deposit methods Fiat Currencies Cryptocurrencies
Gate.io Cryptocurrency Exchange
Cryptocurrency
USD, EUR, GBP, HKD, SGD, AUD, CHF, MXN

962
cryptocurrencies

Finder exclusive: New users get $90 worth of Gate.IO points and an airdrop of $5 in random tokens if trade volume exceeds $100 in their first week. T&Cs apply.
A feature-rich exchange with over 700 tokens including derivatives, yield farming and lending products.
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Compare up to 4 providers

Steps on how to buy MovieBloc

Look for an exchange that supports both fiat and cryptocurrency to simplify buying MovieBloc.

  1. Compare cryptocurrency exchanges that supports MBL.
    Cryptocurrency exchanges differ by fees, security and payment methods, so you'll need to research which is the right fit for you. As a beginner, you don't need a big range of features, and you can always change exchanges later.
  2. Create an account on an exchange.
    You can sign up for an account by selecting the Go to site button. This will take you to the account creation page, where you can fill in your details, starting with your name and email address..
  3. Deposit funds into your account.
    Fund your account with a bank transfer, pay with a credit or debit card or deposit cryptocurrency from a crypto wallet to buy MovieBloc.
  4. Buy MovieBloc.
    Complete your MovieBloc purchase and then find the best wallet to store MBL.
Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

What to consider when buying MovieBloc

MBL tokens are first and foremost utility tokens used to pay for economic activity on the MovieBloc platform. Before buying MBL tokens it is important to evaluate the tokenomics and potential upside of the associated MovieBloc platform:
  • Utility. Users can use MBL to watch premium content, which is subsequently transferred to creators and curators through a smart contract. Creators can then use MBL to pay for translators and designers if required. Alternatively, users can make donations to any MovieBloc participant they think has produced remarkable content. The token is also used to reward users for rating films and reporting illegal content.
  • Supply and tokenomics. The maximum supply of MBL tokens is capped at 30 billion. An initial private sale took place in April 2019 for 3% of all tokens. A secondary public sale saw the release of a further 8%. Over 40% have been allocated to the MovieBloc ecosystem, with the remainder divided between the MovieBloc Foundation, the development team, the Ontology Foundation and future airdrops.
  • Voting rights. MBL tokens give users the eligibility to vote in the “PICK” event where a list of movies is curated. While general users can earn votes by watching paid movies, MBL token holders get one vote per 20,000 MBL tokens held. The tokens need to be staked during the PICK which takes place over a 72-hour period.
  • Growth strategy. MovieBloc aims to increase its usage by hosting online film festivals to identify quality movies and new creators. It also plans to serve as a platform where creators can reach bigger audiences by accessing foreign subtitles.

How to sell MovieBloc

You can cash out your MBL with the same exchange you bought it through:

  1. Sign in to the exchange you have MBL on.
    If you store your MovieBloc in a digital wallet, compare crypto exchanges to sell it on.
  2. Place a sell order.
    Choose the amount of MBL you'd like to sell.
  3. Complete your transaction.
    Confirm the sell price and fees and close your sale of MovieBloc.

Disclaimer: Cryptocurrencies, including MovieBloc, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of MBL is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the MovieBloc or any other cryptocurrency discussed.

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