How to Buy Chainlink (LINK) in Cabo Verde

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

Step 1 – Signup to Kraken

You will first need to buy units of the bigger currencies. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Click the button below to register and receive your first Bitcoin (BTC) or Ethereum (ETH).

Step 2 – Transfer Your Funds to an Crypto Exchange

Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Exchange now. All exchanges have a deposit form that is alike. Chainlink (LINK) is obtainable on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this how-to)

Make sure you have chosen the exact coin you would like to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, et cetera. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our manual).

Step 3 – Locate (LINK) Chainlink

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

To locate Chainlink (LINK), you'll need to put the shortname of the coin (LINK) into the search box, which is highlighted in the picture. Make sure you have choosen the proper pairing, we've highlighted this too. Click on “LINK/BTC” to advance.

Step 4 – Buying (LINK) Chainlink

As soon as you have discovered (LINK) Chainlink, you will be given a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). Next we're creating our own Limit Order.

The field with the “Price” tag will be filled automatically with the latest price Chainlink (LINK) was sold for. This can be changed to your desired price. The field with the “Amount” tag is the amount of LINK you want to purchase. The “Total” field is the whole price in BTC that you'll settle for the complete quantity of LINK.

If you're happy, make a mouse click on “Buy LINK”. Your order will be filled when a Vender trades their LINK for the price you submitted.

Step 5 – Withdraw Chainlink (LINK)

Unless you're regularly trading, never keep your crypto coins on an Crypto Exchange for an extensive time frame. To withdraw your (LINK) Chainlink, hover over the tab called “Funds” and mouse click on “Withdraw”. (LINK) Chainlink can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

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

If you're happy, click “Submit”. You may be requested for email/phone verification ahead of a take off.

Congrats! You have successfully bought and safed (LINK) Chainlink in Cabo Verde.

That's it!

Withdrawals from Exchange can durate between 1 – 30 minutes (rely on usage of the network). As soon as you have proved your withdrawal with Etherscan.io or Ethplorer.io and the Chainlink (LINK) is safe in your wallet, you are done.