A Step-by-Step-Guide on how to buy Chainlink (LINK) in Estonia
Step 1 – Signup to Kraken In the beginning you'll need to buy one of the major currencies. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Click below to register and receive your first Ethereum or Bitcoin.
Step 2 – Transmit Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Trader Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Exchange now. Every exchange has a deposit form that is similar. Chainlink (LINK) is available on Binance, so we will use that as an sample. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this manual) Make sure you've chosen the correct coin you would like to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etc. In the case you are using a decentralized exchange, like Airswap or DDEX could be different (Just follow these easy steps).
Step 3 – Locate (LINK) Chainlink As soon as your deposit has been confirmed, you'll instantly have access to your assets and you can start purchasing and trading. To buy (LINK) Chainlink on Binance, you'll want to go to the tab which is called “Exchange” and after that mouse click on “Basic”. In order to locate Chainlink (LINK), you'll need to put the short name of the asset (LINK) into the search box, which is marked in the graphic. Be certain of having selected the correct pairing, we have highlighted this also. Click on “LINK/BTC” to go ahead.
Step 4 – Purchasing (LINK) Chainlink After you have located Chainlink (LINK), you will be given a Price Chart (in the Center of the image) and some Order Books (Leftside of the picture). For now we're creating our own Limit Order. The field with the “Price” tag will be automatically filled with the most recent price Chainlink (LINK) was sold for. You can change this to your preferred price. The field with the “Amount” tag is the volumen of LINK you like to buy. The “Total” field is the aggregated price in BTC that you will settle for the whole volumen of LINK. When you are satisfied, click on “Buy LINK”. Your order will be filled as soon as a Vendor sells their LINK for the price you submitted.
Step 5 – Withdraw Chainlink (LINK) Unless you're regularly trading, best advise is not to keep your crypto coins on an Crypto Exchange for an extensive time period. In order to withdraw your (LINK) Chainlink, go to the tab called “Funds” and click on “Withdraw”. Chainlink (LINK) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Chainlink (LINK) by using the provided drop-down box. Enter the amount of Chainlink (LINK) you'd wish to take off. Don't forget the demonstrated fees/minimums. Also make sure you have entered your precise withdraw address. When you are glad, click “Submit”. You could be requested for phone/email verification before a take off.