How to Buy Chainlink (LINK) in Liechtenstein

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

Step 1 – Join Kraken

You'll first need to buy units of the top-tier currencies. Exchanges commonly accept either Ethereum or Bitcoin in exchange for alternative Coins. Click below for registration and getting your welcome BTC (Bitcoin) or ETH (Ethereum).

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

Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is identical. Chainlink (LINK) is obtainable on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Exchange? (Follow this how-to)

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

Bitcoin must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, etc. If you're working with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our guide).

Step 3 – Locate (LINK) Chainlink

Once your deposit has been verified, you will instantly have access to your finances and you can commence purchasing and trading. To invest in (LINK) Chainlink on Binance, you'll want to hover over the “Exchange” tab and after that click on “Basic”.

To spot Chainlink (LINK), you'll need to insert the cointype (LINK) into the search box, which is marked in the image. Make sure you have choosen the proper pairing, we've marked this too. Click on “LINK/BTC” to go on.

Step 4 – Buying Chainlink (LINK)

As soon as you've discovered (LINK) Chainlink, you'll be presented with a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the image). Next we're making our Limit Order.

The field with the “Price” tag will be filled automatically with the latest tariff Chainlink (LINK) was traded for. This can be changed to your favoured rate. The field with the “Amount” tag is the quantity of LINK you want to buy. The “Total” field is the whole price in BTC that you'll pay for the complete quantity of LINK.

When you are glad, click on “Buy LINK”. Your order will be filled when a Seller sells their LINK for the price you submitted.

Step 5 – Withdraw (LINK) Chainlink

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

Find Chainlink (LINK) by using the provided drop-down box. Enter the amount of Chainlink (LINK) you would like to take off. Take into account the demonstrated minimus/fees. Also make sure you have entered your precise withdraw address.

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

Congratulations! You've successfully bought and stored (LINK) Chainlink in Liechtenstein.

That's it!

Withdrawals from Cryptocurrency Exchange can durate between 1 – 30 minutes (depending on usage of the network). Once you've proved your withdrawal using Etherscan.io or Ethplorer.io and the Chainlink (LINK) is safe inside your wallet, you're all done.