How to Buy Chainlink (LINK) in Bangladesh

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

Step 1 – Signup to Kraken

You'll first need to purchase one of the top-tier coins. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Click below for registration and to get your welcome ETH (Ethereum) or BTC (Bitcoin).

Step 2 – Send Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Exchange

Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. Chainlink (LINK) is available on Binance, so we will use that as an illustration. Unsure on how to send Coinbase funds to an Crypto Trader? (Just follow these easy steps)

Make sure you have selected the exact coin you want to deposit.

Bitcoin must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etcetera. If you are using 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 finances and you can start buying and trading. To buy Chainlink (LINK) on Binance, you'll want to go to the “Exchange” tab and click on “Basic”.

In order to spot Chainlink (LINK), you'll need to insert the cointype (LINK) into the search-box, which is marked in the graphic. Make sure you have selected the right grouping, we have marked this also. Click on “LINK/BTC” to go on.

Step 4 – Purchase (LINK) Chainlink

Once you've located (LINK) Chainlink, you will be given a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). For now we are making our Limit Order.

The field with the “Price” tag will be automatically filled with the most recent price (LINK) Chainlink was traded for. You can change this to your desired price. The field with the “Amount” tag is the quantity of LINK you wish to buy. The “Total” field is the whole price in BTC that you will pay for the complete amount of LINK.

If you're glad, click on “Buy LINK”. Your plan will be filled when a Vendor sells their LINK for the price you introduced.

Step 5 – Withdraw (LINK) Chainlink

Unless you are trading, best advise is not to keep coins on an Crypto Trader for an longer time period. In order to withdraw your (LINK) Chainlink, hover over the tab called “Funds” and mouse click on “Withdraw”. Chainlink (LINK) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find (LINK) Chainlink by using the given drop-down box. Put into the volumen of (LINK) Chainlink you'd wish to withdraw. Take into account the displayed minimus/fees. Also make sure you have entered your precise withdraw address.

If you are glad, click “Submit”. You could be asked for verfication via email/phone before a withdrawal.

Kudos! You've successfully purchased and stored (LINK) Chainlink in Bangladesh.

That's it!

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