How to Buy Chainlink (LINK) in Kuwait

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

Step 1 – Signup to Kraken

You will first need to purchase one of the bigger coins. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Follow the Link below for registration and receive your first BTC (Bitcoin) or ETH (Ethereum).

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

Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. Chainlink (LINK) is obtainable on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Follow this manual)

Make sure you've selected the precise coin you want to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an ETH deposit address, and so forth. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our manual).

Step 3 – Find (LINK) Chainlink

Once your deposit has been confirmed, you'll directly have access to your assets and you can begin buying and trading. To invest in (LINK) Chainlink on Binance, you will want to hover over the “Exchange” tab and then click on “Basic”.

In order to spot (LINK) Chainlink, you will need to insert the cointype (LINK) into the search-box, which is marked in the picture. Be certain of having choosen the correct pairing, we have marked this also. Click on “LINK/BTC” to proceed.

Step 4 – Buying (LINK) Chainlink

Once you have located Chainlink (LINK), you will be given a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). Next we're going to create our own Limit Order.

The field with the “Price” tag will be automatically filled with the latest tariff (LINK) Chainlink was traded for. You can change this to your desired price. The field with the “Amount” tag is the volumen of LINK you want to buy. The field with the “Total” tag is the whole price in BTC that you will settle for the whole 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 gave.

Step 5 – Withdraw Chainlink (LINK)

Unless you're regularly trading, best advise is not to keep coins on an Cryptocurrency Exchange for an longer time frame. In order to withdraw your (LINK) Chainlink, hover over the “Funds” tab and click on “Withdraw”. Chainlink (LINK) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find (LINK) Chainlink by using the provided drop-down box. Put into the quantity of (LINK) Chainlink you'd like to take off. Don't forget the demonstrated minimus/fees. Also make sure you have filled your correct withdraw address.

If you're happy, click on “Submit”. You may be requested for email/phone verification ahead of a withdrawal.

Congratulations! You've successfully bought and stored (LINK) Chainlink in Kuwait.

That's it!

Take offs from Exchange can take anywhere from 1 – 30 minutes (depending on network usage). As soon as you've confirmed your withdrawal using Etherscan.io or Ethplorer.io and the (LINK) Chainlink is safe in your wallet, you're finished.