How to Buy Chainlink (LINK) in Cuba

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

Step 1 – Join Kraken

You will first need to buy one of the bigger coins. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Follow the Link below for registration and getting your welcome Ethereum (ETH) or Bitcoin (BTC).

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

Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. Chainlink (LINK) is obtainable on Binance, so we're going to use that as an example. Not sure on how to send funds from Coinbase to an Crypto Trader? (Just follow this guide)

Make sure you have chosen the right coin you would like to deposit.

Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, etc. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Follow our manual).

Step 3 – Locate (LINK) Chainlink

As soon as your deposit has been confirmed, you will immediately have access to your finances and you can commence invest and trading. To invest in (LINK) Chainlink on Binance, you'll want to go to the “Exchange” tab and mouse click on “Basic”.

To discover Chainlink (LINK), you'll need to put the shortname of the coin (LINK) into the search-box, which is highlighted in the graphic. Make sure you have selected the correct grouping, we have marked this also. Click on “LINK/BTC” to progress.

Step 4 – Buy (LINK) Chainlink

As soon as you have discovered (LINK) Chainlink, you'll be given a Price Chart (in the Center of the image) and some Order Books (on the Left of the picture). And now we are going to make our own Limit Order.

The “Price” field will be filled with the latest valuation Chainlink (LINK) was traded for. This can be changed to your desired price. The field with the “Amount” tag is the volumen of LINK you like to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you'll settle for the whole volumen of LINK.

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

Step 5 – Withdraw (LINK) Chainlink

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

Locate Chainlink (LINK) by using the provided drop-down box. Enter the quantity of Chainlink (LINK) you'd like to withdraw. Take into account the presented fees/minimums. Also make sure you have entered your correct withdraw address.

If you are happy, click “Submit”. You could be requested for verfication via phone/email before a take off.

Congratulations! You have successfully bought and stored Chainlink (LINK) in Cuba.

That's it!

Take offs from Cryptocurrency Exchange can take anywhere from 1 – 30 minutes (depending on usage of the network). As soon as you've proved your withdrawal with Ethplorer.io or Etherscan.io and the (LINK) Chainlink is stored inside your wallet, you're done.