How to Buy Chainlink (LINK) in Bolivia

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

Step 1 – Signup to Kraken

You'll first need to buy units of the major currencies. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Click the button below to register and getting your first ETH (Ethereum) or BTC (Bitcoin).

Step 2 – Transmit Your Ethereum (ETH) or Bitcoin (BTC) 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 accessible on Binance, so we're going to use that as an example. Not sure on how to send funds from Coinbase to an Crypto Trader? (Follow this guide)

Make sure you've chosen the correct coin you wish to deposit.

BTC must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, et cetera. If you're dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our how-to).

Step 3 – Find Chainlink (LINK)

As soon as your deposit has been verified, you'll now have access to your finances and you can launch invest and trading. To invest in Chainlink (LINK) on Binance, you'll want to go to the “Exchange” tab and then click on “Basic”.

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

Step 4 – Purchase (LINK) Chainlink

After you've located (LINK) Chainlink, you will be presented with a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). Next we're creating our Limit Order.

The “Price” field will be filled with the most up-to-date rate (LINK) Chainlink was sold for. This can be changed to your desired rate. The “Amount” field is the quantity of LINK you like to purchase. The “Total” field is the total price in Bitcoin that you'll pay for the whole volumen of LINK.

When you are glad, click on “Buy LINK”. Your order will be filled when a Vender sells their LINK for the price you offered.

Step 5 – Withdraw (LINK) Chainlink

Unless you are frequently trading, best advise is not to keep crypto on an Crypto Exchange for an extended time period. To take off your (LINK) Chainlink, go to the “Funds” tab and click on “Withdraw”. (LINK) Chainlink can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (LINK) Chainlink by using the provided drop-down box. Put into the amount 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 satisfied, click “Submit”. You may be asked for verfication via email/phone before a withdrawal.

Congratulations! You've successfully purchased and stored (LINK) Chainlink in Bolivia.

That's it!

Take offs from Crypto Exchange can durate anywhere from 1 – 30 minutes (depending on usage of the network). As soon as you've confirmed your take off using Ethplorer.io or Etherscan.io and the Chainlink (LINK) is stored inside your wallet, you are finished.