How to buy MovieBloc (MBL) in the UK

Learn how to buy MovieBloc (MBL) in our step-by-step guide.

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Crypto is unregulated in the UK; there's no consumer protection; value can rise or fall; tax on profits may apply.

MovieBloc (MBL) is the 453rd largest cryptocurrency by market cap, valued at US$43,878,980.

MovieBloc is a highly volatile asset capable of major price swings in a single day. Today MBL is trading for $0.00270783 USD, which is lower than yesterday's trading price of $0.0027218784 USD. Over the past year, MovieBloc's price has seen a decrease of -51%.

So before you buy MovieBloc, make sure you understand these unique risks as well as its legal and tax status here in the UK.

If you're ready to get started, read on for step-by-step instructions on how you can buy MovieBloc.

How to buy MovieBloc in 4 steps

The whole process can take as little as 15 minutes and all you'll need is a smartphone or computer, an internet connection, photo identification and a means of payment.

  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 GBP using the payment method that best suits you – cryptocurrency, bank and card payments are widely accepted.
  4. Buy MovieBloc
    You can now exchange your funds for MovieBloc. On easier-to-use exchanges, this is as simple as entering the amount you want to purchase and clicking buy. If you like, you can now withdraw your MovieBloc to your personal wallet.
Crypto is unregulated in the UK; there's no consumer protection; value can rise or fall; tax on profits may apply*.

Where to buy MovieBloc in the UK

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 exchange.

Crypto is unregulated in the UK; there's no consumer protection; value can rise or fall; tax on profits may apply*.
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How we keep this MovieBloc guide up-to-date

  • MBL price data is regularly updated through data feeds so you always have the latest information.
  • MovieBloc performance data is regularly updated using automated comparisons and AI systems built by our technical experts Zak Killermann and Helen Hu.

How do I find the best places to buy MovieBloc?

Cryptocurrency exchanges offer similar services, but differ in a few key ways – mainly fees, the range of cryptos available and payment methods. You can use our table to compare the features of popular cryptocurrency exchanges available in the UK to help you choose the one that's right for you.

Some other factors you may want to consider are customer support, user reviews, ease of use and whether or not the exchange is registered with a local regulator. This information can be found by clicking on the exchange name in the table which will take you to its review page.

What will I need to buy MovieBloc?

To create an account on any cryptocurrency exchange you will need an email address. Some exchanges may also ask for a phone number and photo ID, so it's a good idea to have those ready.

An increasing number of cryptocurrency exchanges will ask to verify your identity before you can deposit funds and start trading MovieBloc.

  • This process is known as Know Your Customer (KYC) and usually requires photo ID and a webcam or smartphone. You may also need to prove your address by uploading a copy of a recent bank statement or utility bill.
  • Some exchanges allow you to deposit and trade cryptocurrencies without passing KYC, but they will not allow you to transfer local currency from your bank account. So if you are planning on purchasing MBL with your local currency then you will need to pass KYC.
  • Once you have verified your identity, it is a good idea to enable 2-factor authentication (2FA) before depositing any funds. This will increase the security of your account and help keep your funds safe.

What is the easiest way to buy MovieBloc?

The easiest way to buy MBL is by placing an 'instant buy' order to purchase it for a fixed price but not all crypto exchanges offer this feature.

Alternatively, you can open a trade on the spot market which allows you to set your own price – this is the most common way to purchase cryptocurrency. Using the instant buy feature is straightforward but typically more expensive than using the spot market.

Before buying MBL, you may want to check the market conditions. To help you decide if now is the right time to buy, you can take a look at our all-time high tool to get an idea of how the price of MovieBloc has been performing recently.

Best MovieBloc wallets to store your MBL

You can keep your MBL on the exchange you purchased it on, or move it to a personal wallet:

  • Some people like to use their own wallets to guarantee total ownership over their assets, or to use them with other applications like DeFi services.
  • Hardware wallets are typically considered to be the safest type of cryptocurrency wallet, as they use a physical device to enhance security in a number of ways. You can take a look at some of our top hardware wallet picks for self-custody of your MBL below.

Ledger Nano X Wallet

Trezor Model T Wallet

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Supported assets

5,500+

Supported assets

1,317+

Price (USD)

$149

Price (USD)

$186

Crypto is unregulated in the UK; there's no consumer protection; value can rise or fall; tax on profits may apply*.

Is MovieBloc a good investment?

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.

Today's MovieBloc price versus ATH

Compare today's price of MovieBloc ($0.00270783 USD) against its all-time-high price of $0.0450322 USD on 02 April 2021. The closer the bar is to 100%, the closer MBL is to reaching its ATH again.

MovieBloc's price: $0.00270783
ATH date: April 02, 2021
6.01%

MovieBloc ATH: $0.0450322


How to trade, convert or sell MovieBloc

You can convert or sell your MBL with the same exchange you bought it through:
  1. Sign in to the exchange you have MBL on.
  2. If you store your MovieBloc in a digital wallet, compare crypto exchanges to convert or sell it on.
  3. Choose Sell or Convert and place a sell order.
  4. Choose the amount of MBL you'd like to convert or sell.
  5. Confirm the sell price and fees and close your sale of MovieBloc.
  6. Complete your transaction and move your MBL to a wallet for storage.

* Cryptocurrencies aren't regulated in the UK and there's no protection from the Financial Ombudsman or the Financial Services Compensation Scheme. Your capital is at risk. Capital gains tax on profits may apply.

Cryptocurrencies are speculative and investing in them involves significant risks - they're highly volatile, vulnerable to hacking and sensitive to secondary activity. The value of investments can fall as well as rise and you may get back less than you invested. Past performance is no guarantee of future results. This content shouldn't be interpreted as a recommendation to invest. Before you invest, you should get advice and decide whether the potential return outweighs the risks. Finder, or the author, may have holdings in the cryptocurrencies discussed.

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