A Step-by-Step-Guide on how to buy Chainlink (LINK) in Liberia
Step 1 – Join Kraken In the beginning you'll need to purchase units of the bigger currencies. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Click below to register and getting your welcome ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Send Your Bitcoin or 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 alike. Chainlink (LINK) is obtainable on Binance, so we will use that as an sample. Unsure on how to send Coinbase funds to an Exchange? (Follow this guide) Make sure you've chosen the exact coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so on. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our guide).
Step 3 – Locate Chainlink (LINK) As soon as your deposit has been affirmed, you'll immediately have access to your funds and you can commence buying and trading. To invest in Chainlink (LINK) on Binance, you will want to hover over the tab which is called “Exchange” and click on “Basic”. To discover (LINK) Chainlink, you will need to insert the short name of the asset (LINK) into the search-box, which is highlighted in the image. Be certain of having selected the proper pairing, we've highlighted this also. Click on “LINK/BTC” to continue.
Step 4 – Buying (LINK) Chainlink Once you've located (LINK) Chainlink, you'll be given a Price Chart (in the Center of the image) and a few Order Books (Leftside of the picture). For now we're making our Limit Order. The field with the “Price” tag will be automatically filled with the most latest valuation Chainlink (LINK) was traded for. You can change this to your desired price. The “Amount” field is the volumen of LINK you wish to purchase. The field with the “Total” tag is the total price in BTC that you will pay for the complete volumen of LINK. If you're happy, make a mouse click on “Buy LINK”. Your plan will be filled when a Vendor sells their LINK for the price you gave.
Step 5 – Withdraw Chainlink (LINK) Unless you are regularly trading, you should never keepyour coins on an Cryptocurrency Exchange for an longer time frame. In order to withdraw your Chainlink (LINK), hover over the “Funds” tab and click on “Withdraw”. Chainlink (LINK) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Chainlink (LINK) by using the given drop-down box. Put into the volumen of (LINK) Chainlink you would like to take off. Don't forget the demonstrated minimus/fees. Also make sure you have filled your precise withdraw address. When you are glad, click on “Submit”. You could be requested for email/phone verification ahead of a take off.