How to Buy Chainlink (LINK) in Lebanon

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

Step 1 – Join Coinbase – Get Free $10

You'll first need to purchase one of the top-tier coins. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Click the button below to register and to get your first 10$.

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

Your Bitcoin or Ethereum will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. Chainlink (LINK) is obtainable on Binance, so we're going to use that as an illustration. Unsure on how to send funds from Coinbase to an Exchange? (Follow these easy steps)

Make sure you've chosen the precise coin you would like to deposit.

Bitcoin must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etc. In the case you are using a decentralized exchange, such as Airswap or DDEX could be different (Follow our how-to).

Step 3 – Find (LINK) Chainlink

As soon as your deposit has been confirmed, you will immediately have access to your assets and you can begin buying and trading. To purchase (LINK) Chainlink on Binance, you will want to hover over the tab which is called “Exchange” and mouse click on “Basic”.

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

Step 4 – Purchasing (LINK) Chainlink

As soon as you've discovered Chainlink (LINK), you'll be given a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the picture). And now we are creating our Limit Order.

The field with the “Price” tag will be automatically filled with the latest price Chainlink (LINK) was traded for. This can be changed to your preferred price. The field with the “Amount” tag is the volumen of LINK you like to buy. The field with the “Total” tag is the aggregated price in BTC that you'll settle for the whole amount of LINK.

If you're happy, make a mouse click on “Buy LINK”. Your order will be filled when a Vendor sells their LINK for the price you introduced.

Step 5 – Withdraw Chainlink (LINK)

Unless you are regularly trading, best advise is not to keep your crypto on an Exchange for an extensive time period. To take off your (LINK) Chainlink, hover over the tab called “Funds” and mouse click on “Withdraw”. Chainlink (LINK) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (LINK) Chainlink by using the given drop-down box. Drop in the amount of (LINK) Chainlink you'd wish to withdraw. Take into account the demonstrated fees/minimums. Also make sure you have filled your right withdraw address.

When you are glad, click “Submit”. You could be asked for verfication via phone/email before a withdrawal.

Congrats! You have successfully bought and stored (LINK) Chainlink in Lebanon.

That's it!

Take offs from Exchange can durate between 1 – 30 minutes (rely on network usage). As soon as you have confirmed your take off using Etherscan.io or Ethplorer.io and the (LINK) Chainlink is safe inside your wallet, you're finished.