A Step-by-Step-Guide on how to buy Chainlink (LINK) in Belgium
Step 1 – Signup to Coinbase and get 10$ for free You will first need to purchase units of the major coins. Exchanges normally accept either Ethereum or Bitcoin in exchange for alternative Coins. Click the button below for registration and receive your first $10.
Step 2 – Transfer Your Ethereum or Bitcoin to an Cryptocurrency Exchange Your Bitcoin (BTC) or Ethereum (ETH) 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're going to use that as an example. Not sure on how to send Coinbase funds to an Exchange? (Just follow this how-to) Make sure you have chosen the correct coin you wish to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etc. If you are working with a decentralized exchange, like Airswap or DDEX could be opposed (Follow our how-to).
Step 3 – Find Chainlink (LINK) Once your deposit has been verified, you'll now have access to your finances and you can initiate purchasing and trading. To buy Chainlink (LINK) on Binance, you will want to hover over the “Exchange” tab and after that click on “Basic”. In order to find Chainlink (LINK), you'll need to insert the short name of the asset (LINK) into the search box, which is highlighted in the picture. Make sure you have selected the correct pairing, we've marked this too. Click on “LINK/BTC” to advance.
Step 4 – Purchasing Chainlink (LINK) As soon as you've spotted (LINK) Chainlink, you'll be presented with a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). And now we are making our Limit Order. The field with the “Price” tag will be filled with the latest price (LINK) Chainlink was traded for. This can be changed to your favoured price. The “Amount” field is the volumen of LINK you like to purchase. The “Total” field is the total price in BTC that you'll pay for the whole quantity of LINK. When you are glad, click on “Buy LINK”. Your order will be filled when a Vendor sells their LINK for the price you introduced.
Step 5 – Withdraw (LINK) Chainlink Unless you are frequently trading, best advise is not to keep your coins on an Cryptocurrency Exchange for an longer time frame. In order to withdraw your Chainlink (LINK), hover over the “Funds” tab and click on “Withdraw”. (LINK) Chainlink can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Chainlink (LINK) by using the given drop-down box. Drop in the volumen of (LINK) Chainlink you'd like to take off. Don't forget the displayed fees/minimums. Also make sure you have filled your precise withdraw address. When you are satisfied, click on “Submit”. You may be asked for email/phone verification before a withdrawal.