How to Buy Chainlink (LINK) in Latvia

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

Step 1 – Signup to Kraken

You will first need to purchase one of the bigger coins. Exchanges commonly accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Follow the Link below for registration and to get your first Ethereum or Bitcoin.

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

Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. Chainlink (LINK) is accessible on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Crypto Exchange? (Just follow this how-to)

Make sure you have chosen the precise coin you wish to deposit.

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, et cetera. If you're working with a decentralized exchange, such as Airswap or DDEX could be different (Just follow our guide).

Step 3 – Find Chainlink (LINK)

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

To discover (LINK) Chainlink, you'll need to put the shortname of the coin (LINK) into the search box, which is marked in the picture. Make sure you have choosen the right grouping, we've marked this also. Click on “LINK/BTC” to advance.

Step 4 – Buy Chainlink (LINK)

Once you have discovered Chainlink (LINK), you'll be presented with a Price Chart (in the Center of the image) and some Order Books (on the Left of the image). And now we are going to make our own Limit Order.

The “Price” field will be filled with the up-to-date tariff Chainlink (LINK) was sold for. You can change this to your preferred rate. The field with the “Amount” tag is the amount of LINK you want to buy. The “Total” field is the whole price in Bitcoin that you'll pay for the complete amount of LINK.

If you're happy, click on “Buy LINK”. Your order will be filled as soon as a Vender sells their LINK for the price you offered.

Step 5 – Withdraw (LINK) Chainlink

Unless you're frequently trading, never keep your crypto on an Cryptocurrency Exchange for an extensive time frame. In order to take off your Chainlink (LINK), hover over the “Funds” tab and click on “Withdraw”. (LINK) Chainlink can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find (LINK) Chainlink by using the given drop-down box. Drop in the amount of Chainlink (LINK) you'd wish to withdraw. Don't forget the presented fees/minimums. Also make sure you have filled your right withdraw address.

When you're satisfied, click on “Submit”. You could be requested for email/phone verification ahead of a withdrawal.

Kudos! You have successfully bought and safed Chainlink (LINK) in Latvia.

That's it!

Withdrawals from Crypto Trader can take anywhere from 1 – 30 minutes (rely on network usage). Once you've proved your withdrawal with Ethplorer.io or Etherscan.io and the Chainlink (LINK) is stored inside your wallet, you're done.