A Step-by-Step-Guide on how to buy Chainlink (LINK) in Cook Islands
Step 1 – Join Kraken In the beginning you'll need to purchase one of the top-tier coins. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Click the button below to register and getting your welcome BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Transmit Your BTC (Bitcoin) or ETH (Ethereum) to an Cryptocurrency Exchange Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Exchange now. All exchanges have a deposit form that is identical. Chainlink (LINK) is accessible on Binance, so we're going to use that as an illustration. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this how-to) Make sure you've selected the exact coin you wish to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, etcetera. If you are using a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our how-to).
Step 3 – Locate (LINK) Chainlink Once your deposit has been approved, you will immediately have access to your funds and you can begin invest and trading. To purchase Chainlink (LINK) on Binance, you will want to hover over the “Exchange” tab and mouse click on “Basic”. To spot Chainlink (LINK), you'll need to insert the cointype (LINK) into the search-box, which is highlighted in the image. Be certain of having selected the right pairing, we have highlighted this too. Click on “LINK/BTC” to go ahead.
Step 4 – Buy Chainlink (LINK) After you've discovered (LINK) Chainlink, you'll be presented with a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). And now we are creating our own Limit Order. The “Price” field will be automatically filled with the latest valuation Chainlink (LINK) was traded for. This can be changed to your preferred rate. The “Amount” field is the amount of LINK you wish to purchase. The field with the “Total” tag is the whole price in BTC that you will pay for the whole volumen of LINK. If you're glad, make a mouse click on “Buy LINK”. Your order will be filled when a Vendor trades their LINK for the price you submitted.
Step 5 – Withdraw Chainlink (LINK) Unless you're regularly trading, best advise is not to keep your crypto coins on an Cryptocurrency Exchange for an extended time frame. To take off your Chainlink (LINK), go to the “Funds” tab 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 given drop-down box. Drop in the amount of (LINK) Chainlink you would like to withdraw. Don't forget the presented fees/minimums. Also make sure you have filled your right withdraw address. If you are happy, make a mouse click on “Submit”. You may be asked for email/phone verification ahead of a take off.