How to Buy Chainlink (LINK) in Egypt

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

Step 1 – Signup to Kraken

You'll first need to buy one of the major currencies. Exchanges commonly accept either Bitcoin or Ethereum in exchange for alternative Coins. Click below to register and to get your welcome Ethereum (ETH) or Bitcoin (BTC).

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

Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is identical. Chainlink (LINK) is available 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 have selected the correct coin you would like to deposit.

Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, et cetera. If you're working with a decentralized exchange, like Airswap or DDEX could be divergent (Follow our manual).

Step 3 – Find Chainlink (LINK)

As soon as your deposit has been approved, you'll directly have access to your funds and you can commence invest and trading. To invest in (LINK) Chainlink on Binance, you'll want to hover over the “Exchange” tab and click on “Basic”.

To locate Chainlink (LINK), you'll need to put the shortname of the coin (LINK) into the search-box, which is highlighted in the image. Be certain of having choosen the right pairing, we've marked this too. Click on “LINK/BTC” to advance.

Step 4 – Buying Chainlink (LINK)

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

The field with the “Price” tag will be filled with the latest rate (LINK) Chainlink was sold for. You can change this to your desired rate. The “Amount” field is the volumen of LINK you want to purchase. The “Total” field is the aggregated price in Bitcoin that you will settle for the complete volumen of LINK.

When you are satisfied, make a mouse click on “Buy LINK”. Your order will be filled when a Vender sells their LINK for the price you gave.

Step 5 – Withdraw Chainlink (LINK)

Unless you are frequently trading, you should never keepyour crypto coins on an Crypto Trader for an extended period of time. In order to take off your (LINK) Chainlink, hover over the “Funds” tab and click on “Withdraw”. Chainlink (LINK) 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 (LINK) Chainlink you'd like to take off. Don't forget the demonstrated fees/minimums. Also make sure you have entered your correct withdraw address.

When you're glad, make a mouse click on “Submit”. You may be requested for verfication via phone/email before a take off.

Congrats! You have successfully purchased and stored Chainlink (LINK) in Egypt.

That's it!

Take offs from Cryptocurrency Exchange can durate anywhere from 1 – 30 minutes (rely on usage of the network). As soon as you've confirmed your take off with Etherscan.io or Ethplorer.io and the (LINK) Chainlink is safe in your wallet, you're finished.