A Step-by-Step-Guide on how to buy Chainlink (LINK) in Lithuania
Step 1 – Signup to Coinbase – Get Free $10 In the beginning you'll need to buy units of the top-tier currencies. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Click the button below for registration and to get your first 10$.
Step 2 – Transmit Your Bitcoin or Ethereum to an Crypto Exchange Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Exchange now. Every exchange has a deposit form that is alike. Chainlink (LINK) is available on Binance, so we're going to use that as an sample. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this guide) Make sure you have selected the correct coin you wish to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so forth. If you're using a decentralized exchange, such as Airswap or DDEX could be different (Follow our guide).
Step 3 – Locate (LINK) Chainlink Once your deposit has been confirmed, you will directly have access to your finances and you can start purchasing and trading. To buy (LINK) Chainlink on Binance, you'll want to hover over the tab which is called “Exchange” and after that click on “Basic”. To find Chainlink (LINK), you will need to put the cointype (LINK) into the search box, which is highlighted in the graphic. Be certain of having choosen the correct pairing, we have marked this too. Click on “LINK/BTC” to continue.
Step 4 – Purchase (LINK) Chainlink Once you have spotted (LINK) Chainlink, you will be presented with a Price Chart (in the Center of the image) and a few Order Books (Leftside of the picture). Next we're going to create our Limit Order. The “Price” field will be filled automatically with the most recent valuation (LINK) Chainlink was traded for. This can be changed to your favoured rate. The “Amount” field is the quantity of LINK you like to purchase. The field with the “Total” tag is the whole price in Bitcoin that you will pay for the complete volumen of LINK. When you are satisfied, click on “Buy LINK”. Your order will be filled as soon as a Vender trades their LINK for the price you offered.
Step 5 – Withdraw Chainlink (LINK) Unless you are frequently trading, never keep your crypto on an Exchange for an longer period of time. In order to take off your Chainlink (LINK), hover over the “Funds” tab and mouse click on “Withdraw”. Chainlink (LINK) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Chainlink (LINK) by using the provided drop-down box. Enter the quantity of Chainlink (LINK) you'd like to take off. Don't forget the displayed minimus/fees. Also make sure you have filled your precise withdraw address. If you're happy, make a mouse click on “Submit”. You may be requested for verfication via email/phone before a withdrawal.