How to Buy Chainlink (LINK) in Lithuania

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

Step 1 – Join Kraken

You'll first need to buy one of the bigger coins. Exchanges normally accept either Ethereum or Bitcoin in exchange for alternative Coins. Click the button below for registration and getting your welcome Bitcoin or Ethereum.

Step 2 – Transmit Your BTC (Bitcoin) or ETH (Ethereum) to an Cryptocurrency Exchange

Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. Chainlink (LINK) is obtainable on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Exchange? (Follow these easy steps)

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

Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, and so on. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be different (Follow our how-to).

Step 3 – Find (LINK) Chainlink

Once your deposit has been affirmed, you will immediately have access to your finances and you can initiate buying and trading. To buy (LINK) Chainlink on Binance, you will want to go to the tab which is called “Exchange” and mouse click on “Basic”.

In order to find Chainlink (LINK), you will need to insert the cointype (LINK) into the search-box, which is highlighted in the image. Make sure you have choosen the correct grouping, we've marked this too. Click on “LINK/BTC” to progress.

Step 4 – Purchasing (LINK) Chainlink

After you have discovered Chainlink (LINK), you'll be given a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the picture). Next we are creating our own Limit Order.

The “Price” field will be filled with the up-to-date tariff Chainlink (LINK) was traded for. You can change this to your desired price. The field with the “Amount” tag is the volumen of LINK you like to buy. The “Total” field is the total price in BTC that you'll pay for the whole quantity of LINK.

If you are happy, click on “Buy LINK”. Your order will be filled as soon as a Vendor trades their LINK for the price you offered.

Step 5 – Withdraw (LINK) Chainlink

Unless you are trading, you should never keepyour crypto coins on an Crypto Trader for an extensive time frame. To withdraw your Chainlink (LINK), hover over the tab called “Funds” and mouse click on “Withdraw”. (LINK) Chainlink can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find (LINK) Chainlink by using the given drop-down box. Enter the volumen of (LINK) Chainlink you'd like to take off. Don't forget the demonstrated minimus/fees. Also make sure you have filled your correct withdraw address.

When you are glad, click on “Submit”. You may be asked for email/phone verification ahead of a withdrawal.

Kudos! You've successfully purchased and stored (LINK) Chainlink in Lithuania.

That's it!

Take offs from Exchange can durate between 1 – 30 minutes (depending on usage of the network). As soon as you have proved your withdrawal with Ethplorer.io or Etherscan.io and the Chainlink (LINK) is safe within your wallet, you are done.