A Step-by-Step-Guide on how to buy Chainlink (LINK) in Kenya
Step 1 – Signup to Coinbase and recieve 10$ for free In the beginning you'll need to purchase one of the top-tier coins. Exchanges usually accept either Bitcoin or Ethereum in exchange for Altcoins. Click the button below for registration and getting your first $10.
Step 2 – Transmit Your Bitcoin or Ethereum to an Crypto Exchange Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Exchange now. Every exchange has a deposit form that is alike. Chainlink (LINK) is available on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Crypto Exchange? (Follow this how-to) Make sure you have chosen the correct coin you want to deposit. BTC must be sent to a BTC deposit address, Ethereum to an ETH deposit address, et cetera. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Follow our manual).
Step 3 – Find Chainlink (LINK) Once your deposit has been confirmed, you'll directly have access to your finances and you can launch invest and trading. To invest in (LINK) Chainlink on Binance, you will want to go to the “Exchange” tab and after that mouse click on “Basic”. In order to locate Chainlink (LINK), you will need to insert the shortname of the coin (LINK) into the search-box, which is highlighted in the picture. Make sure you have choosen the correct grouping, we have highlighted this too. Click on “LINK/BTC” to continue.
Step 4 – Buy Chainlink (LINK) After you have spotted Chainlink (LINK), you will be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the image). Next we are going to create our own Limit Order. The “Price” field will be filled with the recent tariff (LINK) Chainlink was sold for. You can change this to your desired rate. The “Amount” field is the volumen of LINK you like to purchase. The field with the “Total” tag is the total price in Bitcoin that you'll pay for the complete amount of LINK. When you are glad, make a mouse click on “Buy LINK”. Your plan will be filled when a Vendor sells their LINK for the price you offered.
Step 5 – Withdraw Chainlink (LINK) Unless you're regularly trading, best advise is not to keep crypto on an Cryptocurrency Exchange for an extensive time period. To withdraw your Chainlink (LINK), hover over the “Funds” tab and mouse click on “Withdraw”. Chainlink (LINK) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate (LINK) Chainlink by using the given drop-down box. Drop in the amount of Chainlink (LINK) you'd like to take off. Take into account the demonstrated minimus/fees. Also make sure you have entered your precise withdraw address. If you're happy, click “Submit”. You could be requested for phone/email verification ahead of a withdrawal.