How to Buy Chainlink (LINK) in Libya

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

Step 1 – Join Kraken

You'll first need to buy one of the major coins. Exchanges usually accept either Bitcoin or Ethereum in exchange for alternative Coins. Click the button below to register and receive your welcome BTC (Bitcoin) or ETH (Ethereum).

Step 2 – Transfer Your Funds to an Crypto Exchange

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

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

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so forth. If you are working with a decentralized exchange, like Airswap or DDEX could be different (Follow our guide).

Step 3 – Locate Chainlink (LINK)

As soon as your deposit has been approved, you will directly have access to your funds and you can begin invest and trading. To buy Chainlink (LINK) on Binance, you will want to go to the tab which is called “Exchange” and then mouse click on “Basic”.

In order to spot (LINK) Chainlink, you will need to put the shortname of the coin (LINK) into the search-box, which is marked in the graphic. Be certain of having selected the correct grouping, we've marked this also. Click on “LINK/BTC” to continue.

Step 4 – Buy Chainlink (LINK)

Once you have located (LINK) Chainlink, you will be given a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the picture). And now we're creating our Limit Order.

The field with the “Price” tag will be filled automatically with the recent price Chainlink (LINK) was traded for. You can change this to your desired rate. The “Amount” field is the amount of LINK you like to purchase. The field with the “Total” tag is the whole price in BTC that you will pay for the complete amount of LINK.

If you are satisfied, make a mouse click on “Buy LINK”. Your plan will be filled when a Seller sells their LINK for the price you offered.

Step 5 – Withdraw Chainlink (LINK)

Unless you're regularly trading, you should never keepyour crypto coins on an Exchange for an extensive period of time. In order to withdraw your (LINK) Chainlink, go to the tab called “Funds” and click on “Withdraw”. (LINK) Chainlink can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Chainlink (LINK) by using the given drop-down box. Put into the quantity of (LINK) Chainlink you would wish to take off. Take into account the presented fees/minimums. Also make sure you have filled your correct withdraw address.

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

Kudos! You've successfully bought and safed (LINK) Chainlink in Libya.

That's it!

Withdrawals from Crypto Exchange can durate between 1 – 30 minutes (rely on network usage). Once you have proved your take off using Etherscan.io or Ethplorer.io and the Chainlink (LINK) is safe inside your wallet, you're done.