In this guide you’ll get information about where to buy MovieBloc, if you are planning to buy MBL token – You’re in the right place!
The overall market of combined theatrical and home entertainment is significantly growing but there are some problems in the film industry such as limited funding opportunities, oligopoly, nontransparent revenue share, revenue problems, and limitation on film distribution. Considering the aforementioned problems, MovieBloc is present to provide some solutions with its blockchain technology. Creators, viewers, curators, and existing content providers can benefit from the solutions. MovieBloc is also partnering with KMPlayer. This cooperation offers film producers an equal opportunity to bring various movies at the best price for MovieBloc users.
The ultimate goal of MovieBloc is to create the largest and most participant-centric film ecosystem. The economic activity in the ecosystem is fueled by MBL, the MovieBloc token. MBL is used for watching premium content, paying translators, donating other participants, depositing for screen expansion, and rewarding the users.
MovieBloc (MBL) Features
- Decentralizing the Film Industry. MovieBloc attempts to decentralize the film industry through establishing an ecosystem where its’ participants including creators, viewers, reviewers, translators, etc. are given rewards according to their role and contribution.
- Supporting Creators. There are many things MovieBloc can contribute to the better world of film industry. As a decentralized blockchain-based platform, it help discover talented creators and quality movies from online festivals. Contest winners are given rewards that motivate them to upload high quality movies MovieBloc. Meanwhile, creators can open donation to produce films. Donators can donate their money, and in return, they can enjoy special content provided by the creators.
- Creators Profit Guaranteed. MovieBloc offers up to 90% of the revenue for the creators. Additionally, they are able to determine the price, areas, and exhibiting periods without any approval process.
- Transparent Reward and Data. Once users purchase the content uploaded by creators, MovieBloc will reward the creators transparently based on the smart contract.
Where to Buy, Sell and Trade MovieBloc aka MBL
You can basically use debit card, credit card, or even PayPal to buy the MovieBloc (or any other cryptocurrencies). However, the transaction won’t be direct. It’s not like you pay with cash and you get the MovieBloc as the exchange.
With cryptocurrency, things are different. You need to use debit card or credit card to buy the Ethereum or Bitcoin or Tether first. After you get the ETH or BTC or USDT, you can convert it to MovieBloc. It takes several stages and processes. You need to gain access to the reputable cryptocurrency exchange first to make sure that everything is safe and sound.
In general, the process would be:
- You go to the online exchange and buy the Ethereum (ETH), Bitcoin (BTC), or Tether (USDT)
- Find a crypto exchange that supports MovieBloc currency and exchange your Ethereum / Bitcoin / Tether with the MovieBloc
- Store your MovieBloc to a secured wallet
Step 1: Buy Bitcoin (BTC) or Ethereum (ETH) or Tether (USDT) at Coinbase
There is no better way to get started with cryptocurrencies than aiming high for the big boys. You have to buy your first shares of Bitcoin or Ethereum by creating an account at COINBASE. The best to do so is by creating a confirmed account in the platform and explore your options.
Get $10 Bonus when you sign up for Coinbase!
- You will be asked to through the process of confirming your e-mail address as well as verifying your identity. It would be best if you went through that procedure at once to avoid any issues before putting money on the platform. Coinbase will ask for personal information such as your home phone number, your address, and proof of your identity using an official document such as a passport or a driver’s license.
- Keep in mind that Coinbase takes some time to verify your ID, but once your account is verified, things can move forward on your end. By confirming your identity, you will have better security on your account, and the people working at Coinbase will be able to help you with easy on any issue you face. You will also be able to trade larger numbers of money on your transactions as well as other perks related to the trading information the goes inside the platform.
- You can also manage your payment options. As we mentioned previously, the sites make it very easy to handle FIAT money to pay for the altcoins you want to have in your portfolio. You can check in your bank account to make direct deposits or withdrawals. While this method is excellent, it takes at least two days to verify it on Coinbase’s end. You can also register your credit cards, debit cards, and even your PayPal account in the buy/sell link located on the top menu.
That’s the first step in buying MovieBloc, once you get your Bitcoin or Ethereum or Tether, you can continue to the next step.
Step 2: Choosing the Best Cryptocurrency Exchange for Your Investments
After you have your Coinbase account, you need to choose a cryptocurrency exchange to make your deals, then you need to transfer your newly purchased BTC or ETH or USDT from your Coinbase wallet.
With so many options out there and so many unbalanced reviews across the internet, it can be quite challenging to choose the right exchange service. Since we are looking out for you and we are interested in making you win money as well, we have taken the liberty of picking ten of the best ranking exchanges you can contact on the internet. For the sake of transparency, we can tell you that our operations keep running each time you click on these recommendations.
These are the best exchanges we can recommend for you to exchange BTC or ETH or USDT with MovieBloc:
IMPORTANT! Once you are registered to any of the above, find the MBL/BTC or MBL/ETH or MBL/USDT trading pair and then place the order to buy those pairing cryptocurrencies. Go back to COINBASE and transfer/exchange your Bitcoin/Ethereum/Tether
Step 3: Managing Your Crypto Assets in a Secure Wallet
As your portfolio of crypto assets expand, you will need to have a crypto wallet to keep your goods safe. There are thousands of service providers on that end, and choosing the right one would take an entirely new guide to share some knowledge about this topic.
You can install one of these wallets in your hardware. That way, you can keep your currencies in your devices, such as your desktop or laptop. If you prefer, you can also use an online wallet to keep your holdings safe on the internet.
There are also options to have mobile wallets installed on your smart device, but most of them are lacking in the space department. The final option would be a paper wallet, which is nothing more than a euphemism to get an official legal document that states the content of your wallet and the keys to gain access to them.
For Securing your MovieBloc (MBL) We recommend you to use hardware wallet which support many cryptocurrencies – Choose between these two: Ledger or Trezor
LEDGER NANO-X: Securely trade on-the-go and manage a large number of assets at the same time, with only one device.
- Mobile Friendly
- Easy to Manage
- Supported Coins: 1200+
TREZOR MODEL-T: The next-generation cryptocurrency hardware wallet, designed to be your universal vault for all of your digital assets. Store and encrypt your coins, passwords and other digital keys with confidence.
- Invented for your digital independence
- keeps your keys safe
- Easily back up your entire wallet
- Supported Coins: 1093+
Frequently Asked Questions (Faqs)
Can I Buy MovieBloc (MBL) with PayPal?
You won’t be able to buy this directly with PayPal. If you are going to use PayPal, you need to buy Bitcoin or Ethereum first and then exchange it with the MovieBloc. You can use LocalBitcoins to find BTC or ETH seller who accept paypal as payment.
Can I Buy MovieBloc (MBL) with Cash?
You can’t buy it directly, you need to get bitcoin/ethereum first. buying BTC or ETH with cash you can do the following:
- Make sure you have a BTC / ETH wallet before you buy from seller
- Go to LocalBitcoins and find person in your area who sells bitcoin/ethereum and accept cash.
Can I Buy MovieBloc (MBL) with Skrill?
You can’t buy MBL directly with skrill but you can buy Bitcoin/Ethereum first using Skrill and exchange it later to MovieBloc. You can buy BTC/ETH with skrill by using these exchanges::
Can I Buy MovieBloc (MBL) with Bitcoin?
Yes, you are basically exchanging your Bitcoin with this. Just head to any exchanges listed above, find trading pair MBL/BTC and begin the transactions.
Can I Buy MovieBloc (MBL) with Ethereum?
Yes, the process is similar to using Bitcoin: Find a criptocurrency exchange which support MBL/ETH trading pair.
What Is the Best Payment Method to Buy MovieBloc (MBL)?
The cheapest way is to use bank account to buy Bitcoins first or to buy the MovieBloc right away. The fastest way is to use a credit card but you will then be charged higher fees.
How to Protect MovieBloc (MBL)?
Once you have purchased the MovieBloc, transfer it to your wallet. We recommend using hardware wallet, here are some recommendations:
How to Sell MovieBloc (MBL)?
Find a crypto exchange which allow pairing MBL with BTC or ETH or USDT – convert it back to Bitcoin or Ethereum, then sell your BTC or ETH for a fiat currency.
Can I Mine MovieBloc (MBL) and Not Buying It?
You can’t mine this actually. It has a completely different network and structure than the regular Bitcoin. The only way to own a MovieBloc is to buy it from a reliable exchange.
Blockchain is catching fire in the film industry. There have been some projects aiming to finance films through token insurance, but MovieBloc is different from other film related ICO projects. It is more than just a simple content platform with consumers and content providers. It emphasizes on providing direct distribution channel between the creators and the viewers by removing middleman. The ecosystem is also larger that it comprises all film distribution participants, increasing the utility of MBL.