How to Buy Chainlink (LINK) in Libya

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

Step 1 – Signup to Coinbase and recieve 10$ for free

You will first need to buy one of the bigger coins. Exchanges normally accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Click the button below for registration and getting your first 10$.

Step 2 – Transfer Your Funds to an Exchange

Your Ethereum or Bitcoin will need to be sent over to an Exchange now. All exchanges have a deposit form that is alike. Chainlink (LINK) is accessible on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this how-to)

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

BTC must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, et cetera. In the case you're using a decentralized exchange, such as Airswap or DDEX could be different (Follow our manual).

Step 3 – Find (LINK) Chainlink

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

To locate (LINK) Chainlink, you'll need to put the short name of the asset (LINK) into the search-box, which is highlighted in the picture. Be certain of having choosen the proper pairing, we've marked this also. Click on “LINK/BTC” to go ahead.

Step 4 – Buy Chainlink (LINK)

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

The field with the “Price” tag will be automatically filled with the most recent price (LINK) Chainlink was sold for. This can be changed to your favoured rate. The field with the “Amount” tag is the amount of LINK you want to purchase. The field with the “Total” tag is the total price in BTC that you'll settle for the complete amount of LINK.

If you are glad, 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 frequently trading, best advise is not to keep crypto coins on an Exchange for an extended time period. In order to take off your Chainlink (LINK), go to the tab called “Funds” and click on “Withdraw”. Chainlink (LINK) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (LINK) Chainlink by using the given drop-down box. Drop in the quantity of Chainlink (LINK) you'd like to withdraw. Don't forget the shown fees/minimums. Also make sure you have entered your right withdraw address.

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

Congrats! You've successfully bought and stored Chainlink (LINK) in Libya.

That's it!

Take offs from Cryptocurrency Exchange can durate anywhere from 1 – 30 minutes (rely on network usage). Once you've confirmed your take off using Ethplorer.io or Etherscan.io and the (LINK) Chainlink is stored within your wallet, you're all done.