A Step-by-Step-Guide on how to buy Chainlink (LINK) in Belize
Step 1 – Join Kraken In the beginning you'll need to purchase units of the bigger currencies. Exchanges normally accept either Ethereum or Bitcoin in exchange for Altcoins. Click the button below to register and getting your first Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Send Your Bitcoin (BTC) or Ethereum (ETH) to an Cryptocurrency Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Cryptocurrency Exchange 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 illustration. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this guide) Make sure you have selected the precise coin you wish to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, and so on. If you're working with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow these easy steps).
Step 3 – Find (LINK) Chainlink As soon as your deposit has been confirmed, you will now have access to your finances and you can launch purchasing and trading. To invest in Chainlink (LINK) on Binance, you will want to go to the tab which is called “Exchange” and mouse click on “Basic”. To spot (LINK) Chainlink, you will need to insert the shortname of the coin (LINK) into the search-box, which is marked in the image. Make sure you have selected the proper grouping, we have highlighted this also. Click on “LINK/BTC” to advance.
Step 4 – Purchase Chainlink (LINK) After you've located (LINK) Chainlink, you'll be presented with a Price Chart (in the Center of the image) and a few Order Books (Leftside of the picture). And now we're going to create our Limit Order. The “Price” field will be filled automatically with the most up-to-date rate (LINK) Chainlink was sold for. You can change this to your desired price. The field with the “Amount” tag is the amount of LINK you like to purchase. The field with the “Total” tag is the aggregated price in BTC that you will pay for the whole quantity of LINK. If you are satisfied, click on “Buy LINK”. Your order will be filled when a Vendor sells their LINK for the price you gave.
Step 5 – Withdraw Chainlink (LINK) Unless you're trading, best advise is not to keep your crypto on an Cryptocurrency Exchange for an longer period of time. To withdraw your (LINK) Chainlink, go to the tab called “Funds” and click on “Withdraw”. (LINK) Chainlink can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate (LINK) Chainlink by using the given drop-down box. Enter the quantity of Chainlink (LINK) you would wish to withdraw. Don't forget the presented fees/minimums. Also make sure you have entered your precise withdraw address. When you're happy, click “Submit”. You may be asked for verfication via email/phone ahead of a take off.