A Step-by-Step-Guide on how to buy Chainlink (LINK) in Aruba
Step 1 – Join Kraken You'll first need to buy units of the bigger currencies. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Click below to register and to get your welcome Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transfer Your Bitcoin or Ethereum to an Exchange Your Ethereum or Bitcoin has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. Chainlink (LINK) is accessible on Binance, so we're going to use that as an sample. Unsure on how to send funds from Coinbase to an Exchange? (Just follow these easy steps) Make sure you've chosen the correct coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, et cetera. In the case you're working with a decentralized exchange, like Airswap or DDEX could be unlike (Follow our manual).
Step 3 – Locate Chainlink (LINK) Once your deposit has been confirmed, you will instantly have access to your funds and you can start invest and trading. To invest in Chainlink (LINK) on Binance, you'll want to go to the tab which is called “Exchange” and after that mouse click on “Basic”. To find (LINK) Chainlink, you will need to put the cointype (LINK) into the search box, which is highlighted in the graphic. Make sure you have choosen the proper pairing, we have marked this too. Click on “LINK/BTC” to progress.
Step 4 – Buy (LINK) Chainlink After you've found Chainlink (LINK), you will be given a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the image). For now we're going to make our own Limit Order. The field with the “Price” tag will be automatically filled with the most up-to-date valuation (LINK) Chainlink was sold for. You can change this to your favoured price. The field with the “Amount” tag is the amount of LINK you want to purchase. The field with the “Total” tag is the total price in BTC that you will settle for the complete quantity of LINK. When you are happy, click on “Buy LINK”. Your order will be filled when a Seller trades their LINK for the price you offered.
Step 5 – Withdraw Chainlink (LINK) Unless you're regularly trading, you should never keepyour crypto on an Exchange for an extended period of time. In order to withdraw your Chainlink (LINK), go to the “Funds” tab and click on “Withdraw”. (LINK) Chainlink can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Chainlink (LINK) by using the provided drop-down box. Drop in the volumen of (LINK) Chainlink you'd like to withdraw. Don't forget the shown fees/minimums. Also make sure you have entered your precise withdraw address. If you are glad, click “Submit”. You may be requested for phone/email verification ahead of a withdrawal.