How to Buy Chainlink (LINK) in Czechia

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

Step 1 – Signup to Kraken

You'll first need to purchase one of the bigger coins. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Click below to register and getting your welcome BTC (Bitcoin) or ETH (Ethereum).

Step 2 – Transfer Your Funds to an Crypto Exchange

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

Make sure you've chosen the right coin you wish to deposit.

BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etcetera. If you're using a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow these easy steps).

Step 3 – Locate Chainlink (LINK)

As soon as your deposit has been affirmed, you'll now have access to your funds and you can start purchasing and trading. To invest in Chainlink (LINK) on Binance, you'll want to hover over the tab which is called “Exchange” and after that mouse click on “Basic”.

To discover Chainlink (LINK), you will need to put the cointype (LINK) into the search-box, which is marked in the image. Make sure you have choosen the right pairing, we've marked this too. Click on “LINK/BTC” to go ahead.

Step 4 – Purchase Chainlink (LINK)

As soon as you've located (LINK) Chainlink, you will be given a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). Next we are making our Limit Order.

The field with the “Price” tag will be automatically filled with the most recent valuation Chainlink (LINK) was traded for. This can be changed to your desired price. The “Amount” field is the amount of LINK you wish to buy. The “Total” field is the aggregated price in BTC that you will pay for the whole volumen of LINK.

When you are happy, click on “Buy LINK”. Your order will be filled when a Vendor trades their LINK for the price you introduced.

Step 5 – Withdraw (LINK) Chainlink

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

Locate (LINK) Chainlink by using the given drop-down box. Put into the quantity of Chainlink (LINK) you'd like to take off. Take into account the shown fees/minimums. Also make sure you have filled your right withdraw address.

If you are satisfied, click on “Submit”. You could be asked for email/phone verification before a take off.

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

That's it!

Take offs from Crypto Trader can take anywhere from 1 – 30 minutes (rely on network usage). As soon as you have proved your take off with Etherscan.io or Ethplorer.io and the (LINK) Chainlink is stored in your wallet, you are all done.