How to Buy Chainlink (LINK) in India

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

Step 1 – Signup to Kraken

You'll first need to purchase one of the major currencies. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Click below for registration and receive your first ETH (Ethereum) or BTC (Bitcoin).

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

Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is identical. Chainlink (LINK) is obtainable on Binance, so we're going to use that as an sample. Not sure on how to send Coinbase funds to an Crypto Trader? (Follow these easy steps)

Make sure you have chosen 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 dealing with a decentralized exchange, like Airswap or DDEX could be different (Just follow these easy steps).

Step 3 – Locate Chainlink (LINK)

As soon as your deposit has been confirmed, you'll now have access to your assets and you can initiate invest and trading. To buy Chainlink (LINK) on Binance, you will want to go to the “Exchange” tab and click on “Basic”.

To find Chainlink (LINK), you'll need to put the shortname of the coin (LINK) into the search-box, which is highlighted in the image. Make sure you have choosen the proper pairing, we have highlighted this too. Click on “LINK/BTC” to progress.

Step 4 – Buying Chainlink (LINK)

As soon as you've located Chainlink (LINK), you'll be given a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). For now we're going to make our own Limit Order.

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

If you are happy, click on “Buy LINK”. Your order will be filled when a Vender sells their LINK for the price you introduced.

Step 5 – Withdraw (LINK) Chainlink

Unless you're regularly trading, you should never keepyour crypto coins on an Crypto Exchange for an extensive period of time. To take off your (LINK) Chainlink, go to the “Funds” tab and mouse click on “Withdraw”. Chainlink (LINK) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (LINK) Chainlink by using the given drop-down box. Put into the quantity of (LINK) Chainlink you'd wish to withdraw. Take into account the displayed fees/minimums. Also make sure you have entered your right withdraw address.

When you're glad, make a mouse click on “Submit”. You could be requested for phone/email verification before a withdrawal.

Congrats! You've successfully purchased and safed Chainlink (LINK) in India.

That's it!

Take offs from Cryptocurrency Exchange can durate between 1 – 30 minutes (depending on network usage). Once you have confirmed your take off using Etherscan.io or Ethplorer.io and the (LINK) Chainlink is stored inside your wallet, you are all done.