A Step-by-Step-Guide on how to buy Chainlink (LINK) in Andorra
Step 1 – Join Kraken You'll first need to buy one of the bigger coins. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Follow the Link below to register and to get your first Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Send Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Exchange Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. Chainlink (LINK) is accessible on Binance, so we will use that as an sample. Unsure on how to send funds from Coinbase to an Exchange? (Just follow these easy steps) Make sure you have chosen the right coin you want to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an Ethereum deposit address, and so forth. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our how-to).
Step 3 – Locate Chainlink (LINK) Once your deposit has been confirmed, you'll now have access to your finances and you can launch buying and trading. To buy (LINK) Chainlink on Binance, you will want to go to the tab which is called “Exchange” and after that click on “Basic”. In order to discover (LINK) Chainlink, you'll need to insert the shortname of the coin (LINK) into the search box, which is marked in the graphic. Be certain of having choosen the proper pairing, we've marked this also. Click on “LINK/BTC” to advance.
Step 4 – Purchase Chainlink (LINK) As soon as you have located (LINK) Chainlink, you will be presented with a Price Chart (in the Center of the picture) and some Order Books (on the Left of the picture). Next we're going to make our Limit Order. The “Price” field will be filled automatically with the latest valuation Chainlink (LINK) was traded for. You can change this to your favoured price. The “Amount” field is the quantity of LINK you like to purchase. The “Total” field is the aggregated price in BTC that you will pay for the complete quantity of LINK. If you are happy, click on “Buy LINK”. Your plan will be filled when a Vender 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 Crypto Exchange for an extensive time period. To take off your Chainlink (LINK), hover over the tab called “Funds” and mouse click on “Withdraw”. (LINK) Chainlink can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate (LINK) Chainlink by using the given drop-down box. Put into the amount of (LINK) Chainlink you'd wish to take off. Take into account the displayed minimus/fees. Also make sure you have entered your right withdraw address. When you're happy, click on “Submit”. You may be asked for verfication via email/phone ahead of a take off.