How to Buy Chainlink (LINK) in Ethiopia

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

Step 1 – Signup to Kraken

You will first need to buy one of the major currencies. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Follow the Link below for registration and getting your welcome Bitcoin (BTC) or Ethereum (ETH).

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

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

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

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etc. If you are working with a decentralized exchange, like Airswap or DDEX could be unlike (Follow our guide).

Step 3 – Locate Chainlink (LINK)

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

In order to spot Chainlink (LINK), you will need to put the cointype (LINK) into the search box, which is marked in the picture. Make sure you have choosen the correct grouping, we've marked this also. Click on “LINK/BTC” to advance.

Step 4 – Buying (LINK) Chainlink

As soon as you have spotted (LINK) Chainlink, you'll be presented with a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). And now we are going to make our Limit Order.

The “Price” field will be filled with the latest rate Chainlink (LINK) was traded for. This can be changed to your desired price. The field with the “Amount” tag is the amount of LINK you wish to purchase. The “Total” field is the whole price in BTC that you'll settle for the complete amount of LINK.

If you're happy, click on “Buy LINK”. Your plan will be filled as soon as a Vender trades their LINK for the price you offered.

Step 5 – Withdraw Chainlink (LINK)

Unless you are frequently trading, never keep your crypto coins on an Crypto Exchange for an longer time frame. To take off your (LINK) Chainlink, hover over the tab called “Funds” and mouse click on “Withdraw”. (LINK) Chainlink can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Chainlink (LINK) by using the given drop-down box. Put into the volumen of (LINK) Chainlink you'd wish to withdraw. Don't forget the shown minimus/fees. Also make sure you have entered your right withdraw address.

When you're satisfied, click “Submit”. You could be requested for verfication via email/phone before a take off.

Congratulations! You've successfully bought and safed Chainlink (LINK) in Ethiopia.

That's it!

Take offs from Exchange can take between 1 – 30 minutes (rely on usage of the network). Once you have confirmed your withdrawal with Etherscan.io or Ethplorer.io and the (LINK) Chainlink is stored in your wallet, you are done.