A Step-by-Step-Guide on how to buy Chainlink (LINK) in Botswana
Step 1 – Signup to Kraken You'll first need to buy one of the top-tier currencies. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Click below to register and to get your first BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Transmit Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Exchange Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is alike. Chainlink (LINK) is available on Binance, so we will use that as an sample. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this manual) Make sure you've chosen the right coin you would like to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so forth. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be different (Just follow these easy steps).
Step 3 – Locate Chainlink (LINK) Once your deposit has been verified, you will now have access to your funds and you can initiate buying and trading. To buy Chainlink (LINK) on Binance, you will want to hover over the tab which is called “Exchange” and then mouse click on “Basic”. To discover Chainlink (LINK), you'll need to put the shortname of the coin (LINK) into the search-box, which is marked in the picture. Make sure you have selected the correct grouping, we've marked this also. Click on “LINK/BTC” to go on.
Step 4 – Purchase Chainlink (LINK) As soon as you have found (LINK) Chainlink, you will be given a Price Chart (in the Center of the picture) and some Order Books (on the Left of the image). For now we're making our Limit Order. The field with the “Price” tag will be filled automatically with the most latest price Chainlink (LINK) was traded for. This can be changed to your favoured rate. The “Amount” field is the quantity of LINK you want to purchase. The “Total” field is the total price in Bitcoin that you'll settle for the complete volumen of LINK. When you're glad, click on “Buy LINK”. Your order will be filled when a Seller trades their LINK for the price you offered.
Step 5 – Withdraw (LINK) Chainlink Unless you are regularly trading, best advise is not to keep your crypto coins on an Crypto Exchange for an extended time period. To take off your Chainlink (LINK), hover over the “Funds” tab and mouse click on “Withdraw”. (LINK) Chainlink can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Chainlink (LINK) by using the provided drop-down box. Drop in the amount of (LINK) Chainlink you would wish to take off. Don't forget the shown fees/minimums. Also make sure you have filled your precise withdraw address. When you're satisfied, click on “Submit”. You may be requested for verfication via email/phone ahead of a withdrawal.