How to Buy Chainlink (LINK) in Christmas Island

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

Step 1 – Join Kraken

You'll first need to purchase units of the major coins. Exchanges usually accept either Ethereum or Bitcoin in exchange for alternative Coins. Click below to register and getting your welcome Bitcoin or Ethereum.

Step 2 – Transfer Your Bitcoin or Ethereum to an Crypto Exchange

Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. Chainlink (LINK) is obtainable on Binance, so we're going to use that as an illustration. Unsure on how to send Coinbase funds to an Exchange? (Just follow these easy steps)

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 ETH deposit address, and so forth. In the case you are using a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our guide).

Step 3 – Locate Chainlink (LINK)

Once your deposit has been verified, you'll directly have access to your assets and you can initiate purchasing and trading. To invest in Chainlink (LINK) on Binance, you'll want to go to the “Exchange” tab and mouse click on “Basic”.

In order to locate Chainlink (LINK), you'll need to insert the shortname of the coin (LINK) into the search box, which is marked in the picture. Be certain of having choosen the correct pairing, we have marked this also. Click on “LINK/BTC” to go ahead.

Step 4 – Purchasing Chainlink (LINK)

Once you've found Chainlink (LINK), you will be presented with a Price Chart (in the Center of the image) and a few Order Books (on the Left of the picture). Next we're going to make our own Limit Order.

The field with the “Price” tag will be filled with the most recent valuation (LINK) Chainlink was sold for. This can be changed to your desired rate. The “Amount” field is the amount of LINK you like to purchase. The “Total” field is the whole price in BTC that you will pay for the whole quantity of LINK.

When you are glad, click on “Buy LINK”. Your plan will be filled as soon as a Vender sells their LINK for the price you submitted.

Step 5 – Withdraw Chainlink (LINK)

Unless you are frequently trading, best advise is not to keep your crypto coins on an Crypto Exchange for an extensive time period. To take off your Chainlink (LINK), go to the tab called “Funds” and click on “Withdraw”. Chainlink (LINK) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

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

When you're happy, click “Submit”. You may be asked for verfication via phone/email ahead of a withdrawal.

Congrats! You've successfully bought and safed Chainlink (LINK) in Christmas Island.

That's it!

Take offs from Cryptocurrency Exchange can durate between 1 – 30 minutes (rely on network usage). Once you have confirmed your withdrawal using Etherscan.io or Ethplorer.io and the Chainlink (LINK) is safe within your wallet, you're finished.