A Step-by-Step-Guide on how to buy Chainlink (LINK) in Bahamas
Step 1 – Join Coinbase and get 10$ for free You'll first need to purchase one of the bigger coins. Exchanges commonly accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Click the button below for registration and to get your first 10 Dollar.
Step 2 – Send Your Bitcoin or Ethereum to an Cryptocurrency Exchange Your Ethereum or Bitcoin will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is alike. Chainlink (LINK) is available on Binance, so we will use that as an sample. Not sure on how to send funds from Coinbase to an Crypto Trader? (Follow these easy steps) Make sure you've selected the correct coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etcetera. If you are working with a decentralized exchange, such as Airswap or DDEX could be different (Just follow our manual).
Step 3 – Locate Chainlink (LINK) Once your deposit has been approved, you will immediately have access to your funds and you can launch purchasing and trading. To buy (LINK) Chainlink on Binance, you will want to hover over the “Exchange” tab and mouse click on “Basic”. To discover (LINK) Chainlink, you will need to put the short name of the asset (LINK) into the search box, which is marked in the image. Make sure you have selected the right grouping, we have highlighted this too. Click on “LINK/BTC” to continue.
Step 4 – Acquisition of (LINK) Chainlink After you have found Chainlink (LINK), you will be presented with a Price Chart (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 filled with the latest tariff Chainlink (LINK) was sold for. You can change this to your preferred rate. The field with the “Amount” tag is the amount of LINK you like to buy. The “Total” field is the total price in Bitcoin that you'll settle for the complete amount of LINK. When you are happy, make a mouse click on “Buy LINK”. Your plan will be filled as soon as a Vendor trades their LINK for the price you gave.
Step 5 – Withdraw Chainlink (LINK) Unless you are frequently trading, never keep your crypto on an Cryptocurrency Exchange for an extended time frame. To withdraw your Chainlink (LINK), go to the “Funds” tab and mouse click on “Withdraw”. Chainlink (LINK) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate (LINK) Chainlink by using the given drop-down box. Enter the quantity of (LINK) Chainlink you would wish to take off. Take into account the shown minimus/fees. Also make sure you have entered your correct withdraw address. If you are glad, click “Submit”. You could be asked for phone/email verification before a withdrawal.