How to Buy Chainlink (LINK) in Burma

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

Step 1 – Signup to Kraken

You will first need to buy one of the bigger currencies. Exchanges normally accept either Bitcoin or Ethereum in exchange for Altcoins. Click below for registration and getting your welcome Bitcoin or Ethereum.

Step 2 – Transmit Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Trader

Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is alike. Chainlink (LINK) is accessible on Binance, so we're going to use that as an illustration. Unsure on how to send funds from Coinbase to an Crypto Trader? (Just follow these easy steps)

Make sure you've selected the exact coin you would like to deposit.

BTC must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, and so forth. If you're working with a decentralized exchange, such as Airswap or DDEX could be different (Follow our how-to).

Step 3 – Find Chainlink (LINK)

As soon as your deposit has been affirmed, you will immediately have access to your funds and you can start buying and trading. To buy Chainlink (LINK) on Binance, you'll want to hover over the “Exchange” tab and click on “Basic”.

In order to discover Chainlink (LINK), you'll need to insert the cointype (LINK) into the search-box, which is marked in the picture. Be certain of having choosen the right pairing, we've highlighted this too. Click on “LINK/BTC” to go on.

Step 4 – Purchasing Chainlink (LINK)

Once you have spotted Chainlink (LINK), you'll be given a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the image). Next we're making our own Limit Order.

The field with the “Price” tag will be filled automatically with the latest tariff Chainlink (LINK) was traded for. You can change this to your favoured rate. The “Amount” field is the amount of LINK you wish to purchase. The “Total” field is the aggregated price in Bitcoin that you will settle for the complete volumen of LINK.

When you're happy, click on “Buy LINK”. Your plan will be filled as soon as a Seller sells their LINK for the price you offered.

Step 5 – Withdraw (LINK) Chainlink

Unless you're trading, never keep your crypto coins on an Exchange for an longer period of time. To withdraw your (LINK) Chainlink, go to the “Funds” tab and mouse click on “Withdraw”. Chainlink (LINK) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find Chainlink (LINK) by using the given drop-down box. Enter the amount of Chainlink (LINK) you'd like to withdraw. Don't forget the shown minimus/fees. Also make sure you have entered your precise withdraw address.

When you are happy, click on “Submit”. You could be asked for phone/email verification ahead of a take off.

Congratulations! You have successfully purchased and stored Chainlink (LINK) in Burma.

That's it!

Withdrawals from Crypto Exchange can take between 1 – 30 minutes (depending on usage of the network). As soon as you have confirmed your withdrawal using Ethplorer.io or Etherscan.io and the Chainlink (LINK) is safe in your wallet, you're finished.