How to Buy Chainlink (LINK) in Hong Kong

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

Step 1 – Join Kraken

You'll first need to buy units of the top-tier currencies. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Follow the Link below for registration and receive your first Bitcoin or Ethereum.

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

Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is similar. Chainlink (LINK) is available on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this how-to)

Make sure you've chosen the right coin you wish to deposit.

Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, et cetera. In the case you're working with a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our manual).

Step 3 – Find (LINK) Chainlink

Once your deposit has been approved, you'll now have access to your funds and you can start buying and trading. To purchase (LINK) Chainlink on Binance, you will want to go to the “Exchange” tab and after that click on “Basic”.

In order to spot (LINK) Chainlink, you'll need to insert the short name of the asset (LINK) into the search-box, which is marked in the picture. Make sure you have selected the proper pairing, we have marked this too. Click on “LINK/BTC” to go ahead.

Step 4 – Buy (LINK) Chainlink

As soon as you've discovered (LINK) Chainlink, you'll be presented with a Price Chart (in the Center of the image) and a few Order Books (on the Left of the picture). Next we're creating our Limit Order.

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

When you are happy, make a mouse click on “Buy LINK”. Your order will be filled as soon as a Seller trades their LINK for the price you introduced.

Step 5 – Withdraw (LINK) Chainlink

Unless you are frequently trading, you should never keepyour crypto coins on an Crypto Trader for an extended time frame. In order to withdraw your (LINK) Chainlink, hover over the tab called “Funds” and mouse click on “Withdraw”. Chainlink (LINK) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find Chainlink (LINK) by using the given drop-down box. Drop in the amount of Chainlink (LINK) you'd like to withdraw. Take into account the displayed fees/minimums. Also make sure you have filled your precise withdraw address.

When you are glad, click “Submit”. You may be requested for verfication via phone/email ahead of a withdrawal.

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

That's it!

Withdrawals from Cryptocurrency Exchange can durate anywhere from 1 – 30 minutes (rely on network usage). As soon as you've proved your take off with Ethplorer.io or Etherscan.io and the (LINK) Chainlink is safe in your wallet, you're all done.