How to Buy Chainlink (LINK) in Ecuador

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

Step 1 – Signup to Kraken

You will first need to purchase one of the major coins. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Click the button below for registration and getting your first Bitcoin or Ethereum.

Step 2 – Send Your Bitcoin or Ethereum to an Crypto Trader

Your Ethereum (ETH) or Bitcoin (BTC) 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 will use that as an sample. Not sure on how to send Coinbase funds to an Crypto Trader? (Just follow this guide)

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

Bitcoin must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, etc. If you're working with a decentralized exchange, like Airswap or DDEX could be unlike (Just follow these easy steps).

Step 3 – Find Chainlink (LINK)

Once your deposit has been verified, you will now have access to your assets and you can begin purchasing and trading. To buy Chainlink (LINK) on Binance, you will want to hover over the tab which is called “Exchange” and after that mouse click on “Basic”.

In order to find (LINK) Chainlink, you will need to insert the short name of the asset (LINK) into the search box, which is marked in the picture. Make sure you have selected the right grouping, we have marked this also. Click on “LINK/BTC” to continue.

Step 4 – Purchase Chainlink (LINK)

As soon as you've found Chainlink (LINK), you will be presented with a Price Chart (in the Center of the picture) and some Order Books (Leftside of the image). For now we are going to create our own Limit Order.

The field with the “Price” tag will be filled with the recent tariff 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 “Total” field is the total price in BTC that you'll settle for the whole amount of LINK.

If you are glad, click on “Buy LINK”. Your plan will be filled as soon as a Vender sells their LINK for the price you introduced.

Step 5 – Withdraw (LINK) Chainlink

Unless you're trading, never keep your crypto on an Crypto Exchange for an extensive time frame. In order to withdraw your Chainlink (LINK), go to the tab called “Funds” and mouse click on “Withdraw”. Chainlink (LINK) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find Chainlink (LINK) by using the provided drop-down box. Enter the volumen of (LINK) Chainlink you would wish to take off. Take into account the presented fees/minimums. Also make sure you have entered your correct withdraw address.

If you're happy, make a mouse click on “Submit”. You may be requested for phone/email verification before a withdrawal.

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

That's it!

Withdrawals from Crypto Trader can durate between 1 – 30 minutes (rely on usage of the network). As soon as you have confirmed your take off using Etherscan.io or Ethplorer.io and the Chainlink (LINK) is stored in your wallet, you are finished.