A Step-by-Step-Guide on how to buy Chainlink (LINK) in Kuwait
Step 1 – Signup to Coinbase – Get Free $10 In the beginning you'll need to buy one of the major coins. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Click below to register and receive your first 10$.
Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Exchange Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is similar. Chainlink (LINK) is accessible on Binance, so we will use that as an sample. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this guide) Make sure you have 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. If you are using a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our guide).
Step 3 – Find Chainlink (LINK) Once your deposit has been approved, you'll directly have access to your assets and you can commence invest and trading. To invest in Chainlink (LINK) on Binance, you'll want to hover over the “Exchange” tab and mouse click on “Basic”. To discover (LINK) Chainlink, you will need to put the cointype (LINK) into the search box, which is highlighted in the picture. Be certain of having choosen the proper grouping, we've marked this too. Click on “LINK/BTC” to advance.
Step 4 – Purchase Chainlink (LINK) Once you've discovered (LINK) Chainlink, you'll be given a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the image). For now we're going to make our own Limit Order. The “Price” field will be automatically filled with the most up-to-date price (LINK) Chainlink was sold for. This can be changed to your desired rate. The field with the “Amount” tag is the quantity of LINK you wish to buy. The field with the “Total” tag is the total price in Bitcoin that you'll pay for the whole quantity of LINK. When you are happy, click on “Buy LINK”. Your order will be filled as soon as a Seller trades their LINK for the price you gave.
Step 5 – Withdraw (LINK) Chainlink Unless you're regularly trading, best advise is not to keep crypto coins on an Cryptocurrency Exchange for an longer time period. To withdraw your (LINK) Chainlink, hover over the “Funds” tab and mouse click on “Withdraw”. Chainlink (LINK) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Chainlink (LINK) by using the given drop-down box. Put into the amount of (LINK) Chainlink you would wish to withdraw. Don't forget the presented minimus/fees. Also make sure you have entered your right withdraw address. When you're satisfied, click “Submit”. You could be asked for phone/email verification before a take off.