A Step-by-Step-Guide on how to buy Chainlink (LINK) in Cameroon
Step 1 – Join Kraken In the beginning you'll need to buy one of the bigger currencies. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Click below to register and to get your first Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Transfer Your Bitcoin or Ethereum to an Crypto Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is alike. Chainlink (LINK) is obtainable on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Exchange? (Just follow this guide) Make sure you've chosen the exact coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, etcetera. If you are working with a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our how-to).
Step 3 – Locate (LINK) Chainlink Once your deposit has been approved, you will instantly have access to your finances and you can begin invest and trading. To invest in Chainlink (LINK) on Binance, you will want to go to the “Exchange” tab and mouse click on “Basic”. In order to discover Chainlink (LINK), you will need to put the short name of the asset (LINK) into the search box, which is highlighted in the picture. Be certain of having choosen the right grouping, we have marked this too. Click on “LINK/BTC” to go ahead.
Step 4 – Buy Chainlink (LINK) Once you have found (LINK) Chainlink, you will be presented with a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the image). Next we're going to make our own Limit Order. The “Price” field will be filled automatically with the recent tariff (LINK) Chainlink was sold for. This can be changed 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 whole price in Bitcoin that you'll pay for the whole volumen of LINK. When you're glad, make a mouse click on “Buy LINK”. Your plan will be filled as soon as a Seller trades their LINK for the price you introduced.
Step 5 – Withdraw (LINK) Chainlink Unless you are trading, best advise is not to keep crypto coins on an Crypto Trader for an extensive time frame. To take off your Chainlink (LINK), go to the tab called “Funds” and click on “Withdraw”. (LINK) Chainlink can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Chainlink (LINK) by using the provided drop-down box. Enter the quantity of Chainlink (LINK) you would wish to take off. Don't forget the demonstrated fees/minimums. Also make sure you have entered your correct withdraw address. If you are satisfied, make a mouse click on “Submit”. You may be requested for verfication via email/phone ahead of a withdrawal.