How to Buy Chainlink (LINK) in Peru

A Step-by-Step-Guide on how to buy Chainlink (LINK) in Peru

Step 1 – Join Coinbase and get 10$ for free

You'll first need to buy units of the bigger currencies. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Click below to register and receive your welcome $10.

Step 2 – Transmit Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Exchange

Your Ethereum or Bitcoin will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. Chainlink (LINK) is accessible on Binance, so we will use that as an sample. Not sure on how to send funds from Coinbase to an Exchange? (Follow this manual)

Make sure you've chosen the precise coin you want to deposit.

BTC must be sent to a BTC deposit address, ETH to an Ethereum deposit address, etc. If you're working with a decentralized exchange, like Airswap or DDEX could be different (Follow our manual).

Step 3 – Find Chainlink (LINK)

As soon as your deposit has been affirmed, you'll now have access to your funds and you can begin buying and trading. To purchase Chainlink (LINK) on Binance, you'll want to hover over the tab which is calledExchangeand mouse click onBasic”.

In order to find (LINK) Chainlink, you will need to put the shortname of the coin (LINK) into the search-box, which is highlighted in the graphic. Make sure you have choosen the correct grouping, we've marked this too. Click onLINK/BTCto go on.

Step 4 – Acquisition of Chainlink (LINK)

As soon as you've spotted (LINK) Chainlink, you will be given a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). For now we're making our own Limit Order.

ThePricefield will be automatically filled with the latest tariff Chainlink (LINK) was traded for. This can be changed to your desired rate. The field with theAmounttag is the quantity of LINK you like to purchase. The field with theTotaltag is the aggregated price in Bitcoin that you will pay for the complete amount of LINK.

When you are satisfied, make a mouse click onBuy LINK”. Your plan will be filled when a Vendor trades their LINK for the price you offered.

Step 5 – Withdraw Chainlink (LINK)

Unless you are regularly trading, best advise is not to keep coins on an Cryptocurrency Exchange for an extended time period. To withdraw your (LINK) Chainlink, go to the tab calledFundsand mouse click onWithdraw”. Chainlink (LINK) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find Chainlink (LINK) by using the provided drop-down box. Enter the volumen of Chainlink (LINK) you would like to take off. Don't forget the displayed fees/minimums. Also make sure you have filled your correct withdraw address.

If you are satisfied, clickSubmit”. You may be requested for verfication via phone/email ahead of a take off.

Congratulations! You've successfully purchased and safed (LINK) Chainlink in Peru.

That's it!

Take offs from Cryptocurrency Exchange can take between 1 – 30 minutes (depending on usage of the network). As soon as you've confirmed your withdrawal with Ethplorer.io or Etherscan.io and the (LINK) Chainlink is safe within your wallet, you're done.