How to Buy Chainlink (LINK) in Bahamas

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

Step 1 – Signup to Kraken

You will first need to buy one of the major coins. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Click below for registration and to get your first Bitcoin (BTC) or Ethereum (ETH).

Step 2 – Transmit Your Ethereum or Bitcoin to an Cryptocurrency Exchange

Your Bitcoin or Ethereum has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is identical. Chainlink (LINK) is available on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow these easy steps)

Make sure you've chosen the correct coin you wish to deposit.

Bitcoin must be sent to a BTC deposit address, ETH to an Ethereum deposit address, etcetera. If you're using a decentralized exchange, like Airswap or DDEX could be unlike (Follow these easy steps).

Step 3 – Locate Chainlink (LINK)

As soon as your deposit has been verified, you will directly have access to your funds and you can launch invest and trading. To purchase (LINK) Chainlink on Binance, you'll want to hover over the tab which is called “Exchange” and then click on “Basic”.

To discover Chainlink (LINK), you will need to put the cointype (LINK) into the search box, which is highlighted in the graphic. Be certain of having selected the correct pairing, we have highlighted this too. Click on “LINK/BTC” to progress.

Step 4 – Purchasing (LINK) Chainlink

As soon as you've spotted Chainlink (LINK), you will be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the image). And now we're creating our own Limit Order.

The “Price” field will be automatically filled with the recent rate (LINK) Chainlink was sold for. This can be changed to your preferred rate. The field with the “Amount” tag is the amount of LINK you wish to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you will pay for the whole amount of LINK.

When you're happy, click on “Buy LINK”. Your order will be filled when a Vender sells their LINK for the price you introduced.

Step 5 – Withdraw (LINK) Chainlink

Unless you're frequently trading, never keep your coins on an Crypto Trader for an extended time period. In order to withdraw your (LINK) Chainlink, go to the “Funds” tab and mouse click on “Withdraw”. Chainlink (LINK) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find (LINK) Chainlink by using the given drop-down box. Put into the amount of Chainlink (LINK) you would like to take off. Don't forget the displayed minimus/fees. Also make sure you have filled your precise withdraw address.

If you're happy, make a mouse click on “Submit”. You may be asked for verfication via email/phone ahead of a withdrawal.

Congrats! You've successfully bought and stored (LINK) Chainlink in Bahamas.

That's it!

Take offs from Exchange can durate anywhere from 1 – 30 minutes (rely on usage of the network). Once you've confirmed your take off with Ethplorer.io or Etherscan.io and the (LINK) Chainlink is stored inside your wallet, you are done.