How to Buy Chainlink (LINK) in Azerbaijan

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

Step 1 – Join Kraken

You will first need to purchase units of the bigger currencies. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Follow the Link below to register and receive your first BTC (Bitcoin) or ETH (Ethereum).

Step 2 – Send Your Bitcoin or Ethereum to an Crypto Exchange

Your Bitcoin or Ethereum will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. Chainlink (LINK) is available on Binance, so we will use that as an sample. Unsure on how to send Coinbase funds to an Crypto Trader? (Follow this how-to)

Make sure you have chosen the correct coin you would like to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so forth. In the case you are using a decentralized exchange, like Airswap or DDEX could be opposed (Follow our manual).

Step 3 – Find Chainlink (LINK)

As soon as your deposit has been confirmed, you'll instantly have access to your assets and you can commence invest and trading. To invest in (LINK) Chainlink on Binance, you will want to hover over the “Exchange” tab and click on “Basic”.

In order to find Chainlink (LINK), you will need to insert the shortname of the coin (LINK) into the search-box, which is marked in the image. Be certain of having choosen the proper pairing, we have marked this too. Click on “LINK/BTC” to go on.

Step 4 – Purchasing (LINK) Chainlink

After you've spotted Chainlink (LINK), you'll be presented with a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the image). And now we're making our Limit Order.

The field with the “Price” tag will be filled automatically with the most up-to-date price Chainlink (LINK) was traded for. You can change this to your desired price. The “Amount” field is the quantity of LINK you wish to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you'll settle for the complete quantity of LINK.

If you're glad, make a mouse click on “Buy LINK”. Your plan will be filled as soon as a Vendor sells their LINK for the price you offered.

Step 5 – Withdraw Chainlink (LINK)

Unless you're frequently trading, best advise is not to keep crypto on an Crypto Exchange for an longer period of time. In order to withdraw your (LINK) Chainlink, go to the “Funds” tab and mouse click on “Withdraw”. (LINK) Chainlink can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find (LINK) Chainlink by using the provided drop-down box. Enter the amount of (LINK) Chainlink you'd like to take off. Take into account the shown minimus/fees. Also make sure you have filled your precise withdraw address.

If you are satisfied, make a mouse click on “Submit”. You could be asked for email/phone verification ahead of a take off.

Kudos! You have successfully bought and safed (LINK) Chainlink in Azerbaijan.

That's it!

Take offs from Exchange can durate between 1 – 30 minutes (rely on usage of the network). Once you have proved your withdrawal using Ethplorer.io or Etherscan.io and the (LINK) Chainlink is safe inside your wallet, you're all done.