How to Buy Chainlink (LINK) in Malawi

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

Step 1 – Signup to Kraken

You will first need to purchase one of the major currencies. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Click the button below for registration and receive your welcome Ethereum or Bitcoin.

Step 2 – Transmit Your Funds to an Crypto Trader

Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. Chainlink (LINK) is accessible on Binance, so we will use that as an sample. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this guide)

Make sure you have chosen the exact coin you want to deposit.

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

Step 3 – Locate (LINK) Chainlink

Once your deposit has been approved, you'll instantly have access to your assets and you can commence purchasing and trading. To purchase (LINK) Chainlink on Binance, you'll want to hover over the tab which is called “Exchange” and after that mouse click on “Basic”.

In order to discover (LINK) Chainlink, you'll need to put the shortname of the coin (LINK) into the search box, which is marked in the image. Be certain of having choosen the proper pairing, we have highlighted this too. Click on “LINK/BTC” to proceed.

Step 4 – Purchasing (LINK) Chainlink

As soon as you've found Chainlink (LINK), you will be presented with a Price Chart (in the Center of the picture) and some Order Books (on the Left of the image). Next we're going to create our Limit Order.

The field with the “Price” tag will be filled with the up-to-date price Chainlink (LINK) was traded for. You can change this to your favoured rate. The field with the “Amount” tag is the quantity of LINK you want to purchase. The field with the “Total” tag is the aggregated price in BTC that you'll pay for the whole amount of LINK.

If you are glad, make a mouse click on “Buy LINK”. Your plan will be filled when a Seller trades their LINK for the price you introduced.

Step 5 – Withdraw Chainlink (LINK)

Unless you're trading, never keep your crypto on an Cryptocurrency Exchange for an extended time frame. In order to withdraw your (LINK) Chainlink, hover over the “Funds” tab and click on “Withdraw”. Chainlink (LINK) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (LINK) Chainlink by using the given drop-down box. Put into the volumen of (LINK) Chainlink you would wish to take off. Take into account the presented fees/minimums. Also make sure you have entered your right withdraw address.

If you're glad, make a mouse click on “Submit”. You could be asked for verfication via phone/email ahead of a take off.

Kudos! You've successfully bought and safed (LINK) Chainlink in Malawi.

That's it!

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