How to Buy Chainlink (LINK) in Costa Rica

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

Step 1 – Join Kraken

You will first need to purchase units of the top-tier coins. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Click the button below for registration and receive your welcome Ethereum (ETH) or Bitcoin (BTC).

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

Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is alike. Chainlink (LINK) is available on Binance, so we're going to use that as an example. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Just follow these easy steps)

Make sure you have selected the precise coin you wish to deposit.

Bitcoin must be sent to a BTC deposit address, ETH to an Ethereum deposit address, and so on. In the case you are working with a decentralized exchange, like Airswap or DDEX could be different (Follow our guide).

Step 3 – Locate (LINK) Chainlink

As soon as your deposit has been confirmed, you'll directly have access to your assets and you can initiate invest and trading. To purchase (LINK) Chainlink on Binance, you will want to hover over the tab which is called “Exchange” and after that click on “Basic”.

To locate Chainlink (LINK), you'll need to put the cointype (LINK) into the search box, which is marked in the image. Make sure you have choosen the right grouping, we've highlighted this also. Click on “LINK/BTC” to continue.

Step 4 – Acquisition of (LINK) Chainlink

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

The field with the “Price” tag will be automatically filled with the latest valuation Chainlink (LINK) was traded for. You can change this to your favoured rate. The field with the “Amount” tag is the amount of LINK you wish to purchase. The field with the “Total” tag is the total price in BTC that you'll pay for the whole amount of LINK.

If you're glad, click on “Buy LINK”. Your order will be filled when a Vendor sells their LINK for the price you introduced.

Step 5 – Withdraw Chainlink (LINK)

Unless you are regularly trading, you should never keepyour coins on an Cryptocurrency Exchange for an extended time period. To withdraw your Chainlink (LINK), go to the “Funds” tab and mouse click on “Withdraw”. (LINK) Chainlink can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (LINK) Chainlink by using the given drop-down box. Put into the volumen of Chainlink (LINK) you would like to take off. Don't forget the presented fees/minimums. Also make sure you have entered your correct withdraw address.

If you are glad, make a mouse click on “Submit”. You may be asked for verfication via email/phone before a withdrawal.

Congrats! You have successfully bought and stored Chainlink (LINK) in Costa Rica.

That's it!

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