How to Buy Chainlink (LINK) in Colombia

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

Step 1 – Join Kraken

You will first need to buy units of the major currencies. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Click the button below for registration and getting your first Ethereum (ETH) or Bitcoin (BTC).

Step 2 – Send Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Exchange

Your Bitcoin or Ethereum has to be sent over to an Exchange now. All exchanges have a deposit form that is similar. Chainlink (LINK) is obtainable on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Crypto Exchange? (Follow these easy steps)

Make sure you have selected the correct coin you would like to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so on. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be different (Just follow our guide).

Step 3 – Find (LINK) Chainlink

Once your deposit has been affirmed, you'll directly have access to your funds and you can initiate buying and trading. To buy Chainlink (LINK) on Binance, you'll want to go to the tab which is called “Exchange” and mouse click on “Basic”.

To locate Chainlink (LINK), you will need to insert the short name of the asset (LINK) into the search-box, which is marked in the image. Make sure you have choosen the proper grouping, we've marked this too. Click on “LINK/BTC” to go on.

Step 4 – Buy Chainlink (LINK)

After you have located (LINK) Chainlink, you'll be given a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the picture). Next we're going to make our Limit Order.

The field with the “Price” tag will be automatically filled with the up-to-date price Chainlink (LINK) was traded for. You can change this to your desired rate. The “Amount” field is the quantity 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.

If you are satisfied, click on “Buy LINK”. Your order will be filled as soon as a Vender trades their LINK for the price you gave.

Step 5 – Withdraw Chainlink (LINK)

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

Locate (LINK) Chainlink by using the provided drop-down box. Drop in the volumen of Chainlink (LINK) you'd wish to withdraw. Don't forget the shown fees/minimums. Also make sure you have entered your precise withdraw address.

If you're glad, make a mouse click on “Submit”. You may be asked for email/phone verification before a take off.

Congratulations! You have successfully bought and safed Chainlink (LINK) in Colombia.

That's it!

Withdrawals from Exchange can take anywhere from 1 – 30 minutes (rely on usage of the network). As soon as you've proved your take off using Ethplorer.io or Etherscan.io and the Chainlink (LINK) is safe inside your wallet, you're done.