How to Buy Chainlink (LINK) in Eritrea

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

Step 1 – Join Kraken

In the beginning you'll need to purchase one of the bigger currencies. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Follow the Link below to register and getting your first Bitcoin or Ethereum.

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

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

Make sure you have chosen the precise coin you want to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etcetera. If you're working with a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our manual).

Step 3 – Find (LINK) Chainlink

As soon as your deposit has been verified, you will immediately have access to your funds and you can launch invest and trading. To purchase Chainlink (LINK) on Binance, you will want to go to the “Exchange” tab and after that click on “Basic”.

To find (LINK) Chainlink, you will need to put the shortname of the coin (LINK) into the search box, which is highlighted in the graphic. Be certain of having selected the right grouping, we've highlighted this also. Click on “LINK/BTC” to advance.

Step 4 – Buy (LINK) Chainlink

After you have discovered (LINK) Chainlink, you'll be given a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the image). For now we are creating our own Limit Order.

The “Price” field will be filled with the most recent valuation (LINK) Chainlink was traded for. You can change this to your favoured price. The “Amount” field is the quantity of LINK you wish to buy. The “Total” field is the aggregated price in Bitcoin that you'll pay for the complete amount of LINK.

If you are glad, make a mouse click on “Buy LINK”. Your order will be filled as soon as a Vendor trades their LINK for the price you offered.

Step 5 – Withdraw (LINK) Chainlink

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

Find (LINK) Chainlink by using the given drop-down box. Drop in the volumen of (LINK) Chainlink you'd wish to take off. Don't forget the demonstrated minimus/fees. Also make sure you have entered your correct withdraw address.

If you're satisfied, make a mouse click on “Submit”. You could be asked for phone/email verification ahead of a take off.

Kudos! You've successfully bought and stored (LINK) Chainlink in Eritrea.

That's it!

Take offs from Exchange can take anywhere from 1 – 30 minutes (depending on usage of the network). Once you've proved your withdrawal using Ethplorer.io or Etherscan.io and the (LINK) Chainlink is safe inside your wallet, you are done.