How to Buy Chainlink (LINK) in Ethiopia

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

Step 1 – Signup to Coinbase and recieve 10$ for free

You'll first need to buy units of the major currencies. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Follow the Link below for registration and getting your welcome $10.

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

Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is identical. Chainlink (LINK) is obtainable on Binance, so we're going to use that as an example. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Follow these easy steps)

Make sure you have chosen the right coin you wish to deposit.

BTC must be sent to a BTC deposit address, ETH to an Ethereum deposit address, etc. If you're using a decentralized exchange, like Airswap or DDEX could be different (Follow these easy steps).

Step 3 – Find (LINK) Chainlink

As soon as your deposit has been confirmed, you'll instantly have access to your assets and you can commence invest and trading. To purchase Chainlink (LINK) on Binance, you will want to go to the tab which is called “Exchange” and then mouse click on “Basic”.

In order to spot Chainlink (LINK), you'll need to put the short name of the asset (LINK) into the search box, which is highlighted in the graphic. Make sure you have selected the right grouping, we have highlighted this also. Click on “LINK/BTC” to proceed.

Step 4 – Purchasing (LINK) Chainlink

After you have found Chainlink (LINK), you will be given a Price Chart (in the Center of the image) and a few Order Books (on the Left of the picture). And now we are going to create our own Limit Order.

The “Price” field will be automatically filled with the most up-to-date price Chainlink (LINK) was sold for. This can be changed to your preferred rate. The field with the “Amount” tag is the amount of LINK you wish to purchase. The field with the “Total” tag is the whole price in BTC that you'll settle for the complete quantity of LINK.

When you're satisfied, click on “Buy LINK”. Your plan will be filled when a Vender trades their LINK for the price you gave.

Step 5 – Withdraw Chainlink (LINK)

Unless you are regularly trading, best advise is not to keep coins on an Crypto Trader for an extensive time frame. In order to withdraw your (LINK) Chainlink, hover over the tab called “Funds” and click on “Withdraw”. (LINK) Chainlink can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find Chainlink (LINK) by using the provided drop-down box. Put into the amount of (LINK) Chainlink you would like to withdraw. Take into account the displayed fees/minimums. Also make sure you have entered your right withdraw address.

When you're glad, click “Submit”. You may be asked for email/phone verification ahead of a withdrawal.

Congrats! You have successfully bought and stored (LINK) Chainlink in Ethiopia.

That's it!

Take offs from Exchange can take between 1 – 30 minutes (rely on usage of the network). Once you've proved your withdrawal with Ethplorer.io or Etherscan.io and the Chainlink (LINK) is safe within your wallet, you're all done.