A Step-by-Step-Guide on how to buy Chainlink (LINK) in China
Step 1 – Signup to Kraken You will first need to purchase units of the bigger coins. Exchanges commonly accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Click the button below to register and receive your welcome Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Send Your Ethereum (ETH) or Bitcoin (BTC) to an Exchange Your Bitcoin or Ethereum will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is alike. Chainlink (LINK) is available 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 how-to) Make sure you've selected the precise coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an Ethereum deposit address, and so forth. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our guide).
Step 3 – Locate (LINK) Chainlink As soon as your deposit has been confirmed, you'll immediately have access to your finances and you can start purchasing and trading. To buy (LINK) Chainlink on Binance, you'll want to go to the tab which is called “Exchange” and after that click on “Basic”. To find (LINK) Chainlink, you will need to insert the shortname of the coin (LINK) into the search-box, which is highlighted in the picture. Be certain of having selected the correct grouping, we have marked this too. Click on “LINK/BTC” to advance.
Step 4 – Buy (LINK) Chainlink After you've located Chainlink (LINK), you will be given a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). And now we are creating our Limit Order. The “Price” field will be filled with the latest tariff Chainlink (LINK) was sold for. This can be changed to your preferred price. The “Amount” field is the volumen of LINK you like to purchase. The field with the “Total” tag is the aggregated price in BTC that you'll pay for the complete quantity of LINK. When you're satisfied, make a mouse click on “Buy LINK”. Your plan will be filled when a Vendor trades their LINK for the price you introduced.
Step 5 – Withdraw Chainlink (LINK) Unless you're trading, you should never keepyour crypto coins on an Exchange for an longer period of time. To take off your Chainlink (LINK), go to the “Funds” tab and click on “Withdraw”. Chainlink (LINK) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate (LINK) Chainlink by using the provided drop-down box. Put into the quantity of (LINK) Chainlink you would wish to take off. Don't forget the shown fees/minimums. Also make sure you have filled your correct withdraw address. If you're glad, click “Submit”. You may be requested for verfication via email/phone before a withdrawal.