A Step-by-Step-Guide on how to buy Chainlink (LINK) in Anguilla
Step 1 – Join Kraken In the beginning you'll need to buy one of the bigger coins. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Follow the Link below for registration and receive your first Ethereum or Bitcoin.
Step 2 – Transmit Your Funds to an Exchange Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Exchange now. All exchanges have a deposit form that is similar. Chainlink (LINK) is obtainable on Binance, so we're going to use that as an sample. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Follow this guide) Make sure you've selected the precise coin you would like to deposit. BTC 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 opposed (Just follow our manual).
Step 3 – Locate Chainlink (LINK) Once your deposit has been affirmed, you will directly have access to your assets and you can start purchasing 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 find Chainlink (LINK), you'll need to insert the cointype (LINK) into the search box, which is marked in the graphic. Make sure you have choosen the proper grouping, we have highlighted this also. Click on “LINK/BTC” to continue.
Step 4 – Purchase Chainlink (LINK) Once you have located Chainlink (LINK), you will be given a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). And now we're going to create our own Limit Order. The “Price” field will be filled automatically with the most recent price Chainlink (LINK) was traded for. You can change this to your preferred price. The field with the “Amount” tag is the amount of LINK you want to purchase. The “Total” field is the aggregated price in Bitcoin that you'll pay for the whole volumen of LINK. When you're satisfied, click on “Buy LINK”. Your plan will be filled when a Vendor sells their LINK for the price you offered.
Step 5 – Withdraw Chainlink (LINK) Unless you're regularly trading, best advise is not to keep crypto coins on an Cryptocurrency Exchange for an extended time period. To take off your Chainlink (LINK), hover over the “Funds” tab and click on “Withdraw”. Chainlink (LINK) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate (LINK) Chainlink by using the given drop-down box. Enter the quantity of (LINK) Chainlink you would like to withdraw. Don't forget the shown fees/minimums. Also make sure you have filled your right withdraw address. If you're glad, click on “Submit”. You may be requested for verfication via phone/email before a withdrawal.