A Step-by-Step-Guide on how to buy Chainlink (LINK) in Belize
Step 1 – Join Coinbase – Get Free $10 You'll first need to buy units of the bigger currencies. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Follow the Link below for registration and getting your welcome 10 Dollar.
Step 2 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Exchange Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is identical. Chainlink (LINK) is available on Binance, so we're going to use that as an illustration. Unsure on how to send funds from Coinbase to an Exchange? (Follow this guide) Make sure you have selected the correct coin you would like to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, et cetera. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Follow our guide).
Step 3 – Find Chainlink (LINK) Once your deposit has been approved, you will immediately have access to your assets and you can start purchasing and trading. To invest in (LINK) Chainlink on Binance, you'll want to go to the “Exchange” tab and mouse click on “Basic”. To discover Chainlink (LINK), you will need to insert the cointype (LINK) into the search-box, which is highlighted in the graphic. Make sure you have choosen the proper pairing, we've highlighted this too. Click on “LINK/BTC” to go ahead.
Step 4 – Purchasing (LINK) Chainlink After you have spotted Chainlink (LINK), you will be given a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). Next we're creating our Limit Order. The “Price” field will be automatically filled with the latest rate (LINK) Chainlink was traded for. You can change this to your preferred rate. The “Amount” field is the amount of LINK you wish to purchase. The “Total” field is the whole price in Bitcoin that you'll pay for the complete quantity of LINK. If you are happy, make a mouse click on “Buy LINK”. Your plan will be filled as soon as a Vender trades their LINK for the price you offered.
Step 5 – Withdraw (LINK) Chainlink Unless you're regularly trading, best advise is not to keep coins on an Crypto Exchange for an longer time period. In order to take off your (LINK) Chainlink, go to the “Funds” tab and mouse click on “Withdraw”. Chainlink (LINK) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate (LINK) Chainlink by using the provided drop-down box. Enter the volumen of Chainlink (LINK) you'd wish to take off. Take into account the presented fees/minimums. Also make sure you have entered your precise withdraw address. When you are satisfied, make a mouse click on “Submit”. You may be asked for email/phone verification before a take off.