A Step-by-Step-Guide on how to buy Chainlink (LINK) in Liechtenstein
Step 1 – Signup to Coinbase and recieve 10$ for free You'll first need to buy units of the top-tier coins. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Click below to register and receive your welcome 10$.
Step 2 – Send Your Ethereum or Bitcoin to an Cryptocurrency Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is identical. Chainlink (LINK) is accessible on Binance, so we will use that as an illustration. Not sure on how to send funds from Coinbase to an Exchange? (Follow this how-to) Make sure you've chosen the precise coin you wish to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, and so forth. If you're dealing with a decentralized exchange, like Airswap or DDEX could be different (Follow these easy steps).
Step 3 – Locate (LINK) Chainlink As soon as your deposit has been verified, you will immediately have access to your finances and you can start purchasing and trading. To invest in (LINK) Chainlink on Binance, you'll want to go to the tab which is called “Exchange” and then click on “Basic”. To spot Chainlink (LINK), you will need to insert the shortname of the coin (LINK) into the search-box, which is marked in the picture. Make sure you have choosen the correct pairing, we have highlighted this too. Click on “LINK/BTC” to continue.
Step 4 – Acquisition of Chainlink (LINK) As soon as you've located (LINK) Chainlink, you will be given a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). Next we're going to make our own Limit Order. The field with the “Price” tag will be filled automatically with the most recent price (LINK) Chainlink was sold for. This can be changed to your preferred price. The “Amount” field is the volumen of LINK you wish to purchase. The “Total” field is the whole price in BTC that you will settle for the whole quantity of LINK. When you're happy, click on “Buy LINK”. Your order will be filled as soon as a Vendor sells their LINK for the price you offered.
Step 5 – Withdraw (LINK) Chainlink Unless you're regularly trading, best advise is not to keep coins on an Cryptocurrency Exchange for an longer time period. In order to take off your Chainlink (LINK), hover over the tab called “Funds” and mouse click on “Withdraw”. (LINK) Chainlink can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Chainlink (LINK) by using the given drop-down box. Enter the quantity of Chainlink (LINK) you would like to take off. Take into account the shown fees/minimums. Also make sure you have entered your correct withdraw address. When you are glad, click on “Submit”. You could be asked for phone/email verification before a take off.