How to Buy Chainlink (LINK) in Guernsey

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

Step 1 – Signup to Coinbase – Get Free $10

In the beginning you'll need to buy one of the bigger coins. Exchanges usually accept either Bitcoin or Ethereum in exchange for Altcoins. Click below to register and to get your first 10$.

Step 2 – Transfer Your Ethereum or Bitcoin to an Crypto Trader

Your Ethereum or Bitcoin will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. Chainlink (LINK) is available on Binance, so we're going to use that as an sample. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Just follow these easy steps)

Make sure you have selected the right coin you want to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, et cetera. If you are working with a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our manual).

Step 3 – Find Chainlink (LINK)

Once your deposit has been approved, you will now have access to your finances and you can begin purchasing and trading. To buy Chainlink (LINK) on Binance, you'll want to hover over the tab which is called “Exchange” and after that click on “Basic”.

To find (LINK) Chainlink, you'll need to put the shortname of the coin (LINK) into the search-box, which is marked in the picture. Be certain of having selected the proper pairing, we've marked this too. Click on “LINK/BTC” to continue.

Step 4 – Buying Chainlink (LINK)

Once you've spotted Chainlink (LINK), you'll be given a Price Chart (in the Center of the image) and a few Order Books (Leftside of the picture). For now we are making our Limit Order.

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

When you are satisfied, click on “Buy LINK”. Your order will be filled when a Seller trades their LINK for the price you submitted.

Step 5 – Withdraw (LINK) Chainlink

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

Find Chainlink (LINK) by using the provided drop-down box. Enter the volumen of (LINK) Chainlink you would wish to withdraw. Take into account the demonstrated minimus/fees. Also make sure you have filled your precise withdraw address.

When you're happy, click on “Submit”. You may be asked for phone/email verification before a withdrawal.

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

That's it!

Withdrawals from Cryptocurrency Exchange can durate anywhere from 1 – 30 minutes (depending on network usage). Once you have confirmed your withdrawal with Etherscan.io or Ethplorer.io and the Chainlink (LINK) is safe in your wallet, you're done.