How to Buy Chainlink (LINK) in Bhutan

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

Step 1 – Join Kraken

In the beginning you'll need to buy units of the top-tier currencies. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Click below to register and getting your first Ethereum (ETH) or Bitcoin (BTC).

Step 2 – Transmit Your Bitcoin or Ethereum to an Exchange

Your Bitcoin or Ethereum will need to be sent over to an Exchange now. All exchanges have a deposit form that is similar. Chainlink (LINK) is obtainable on Binance, so we're going to use that as an example. Unsure on how to send Coinbase funds to an Crypto Trader? (Follow this how-to)

Make sure you have chosen the exact coin you wish to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so on. If you're working with a decentralized exchange, like Airswap or DDEX could be unlike (Follow these easy steps).

Step 3 – Locate (LINK) Chainlink

Once your deposit has been confirmed, you'll immediately have access to your finances and you can initiate invest and trading. To buy Chainlink (LINK) on Binance, you'll want to go to the tab which is called “Exchange” and after that mouse click on “Basic”.

In order to spot (LINK) Chainlink, you'll need to insert the short name of the asset (LINK) into the search box, which is highlighted in the image. Make sure you have choosen the right pairing, we've highlighted this too. Click on “LINK/BTC” to go ahead.

Step 4 – Purchase Chainlink (LINK)

After you've found Chainlink (LINK), you'll be presented with a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). Next we're making our own Limit Order.

The “Price” field will be automatically filled with the latest rate (LINK) Chainlink was sold for. You can change this to your desired price. The field with the “Amount” tag is the volumen of LINK you like to purchase. The field with the “Total” tag is the aggregated price in BTC that you'll pay for the complete amount of LINK.

When you're satisfied, make a mouse click on “Buy LINK”. Your order will be filled when a Seller sells their LINK for the price you offered.

Step 5 – Withdraw (LINK) Chainlink

Unless you're trading, you should never keepyour coins on an Crypto Exchange for an extensive period of time. To withdraw 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)

Find (LINK) Chainlink by using the given drop-down box. Drop in the quantity of (LINK) Chainlink you'd like to withdraw. Don't forget the presented fees/minimums. Also make sure you have filled your precise withdraw address.

When you're glad, make a mouse click on “Submit”. You could be asked for phone/email verification before a withdrawal.

Kudos! You have successfully purchased and safed (LINK) Chainlink in Bhutan.

That's it!

Take offs from Crypto Trader can durate anywhere from 1 – 30 minutes (depending on network usage). As soon as you have proved your withdrawal with Ethplorer.io or Etherscan.io and the (LINK) Chainlink is safe in your wallet, you're all done.