A Step-by-Step-Guide on how to buy Chainlink (LINK) in Maldives
Step 1 – Signup to Kraken In the beginning you'll need to purchase units of the bigger currencies. Exchanges commonly accept either Bitcoin or Ethereum in exchange for alternative Coins. Click the button below for registration and to get your welcome ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Transmit Your Ethereum or Bitcoin to an Crypto Trader Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Exchange now. Every exchange has a deposit form that is identical. Chainlink (LINK) is available on Binance, so we will use that as an example. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this guide) Make sure you have chosen the correct coin you would like to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, etc. If you are dealing with a decentralized exchange, like Airswap or DDEX could be different (Follow these easy steps).
Step 3 – Find Chainlink (LINK) Once your deposit has been confirmed, you will instantly have access to your finances and you can launch purchasing and trading. To buy Chainlink (LINK) on Binance, you'll want to hover over the “Exchange” tab and after that click on “Basic”. In order to discover Chainlink (LINK), you will need to insert the cointype (LINK) into the search box, which is highlighted in the picture. Make sure you have choosen the correct pairing, we've marked this too. Click on “LINK/BTC” to continue.
Step 4 – Buy (LINK) Chainlink As soon as you've found Chainlink (LINK), you'll be presented with a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). And now we're creating our own Limit Order. The “Price” field will be automatically filled with the most latest tariff (LINK) Chainlink was traded for. You can change this to your preferred rate. The field with the “Amount” tag is the volumen of LINK you want to purchase. The “Total” field is the whole price in Bitcoin that you will pay for the complete quantity of LINK. If you're glad, click on “Buy LINK”. Your plan will be filled as soon as a Seller trades their LINK for the price you submitted.
Step 5 – Withdraw (LINK) Chainlink Unless you're frequently trading, best advise is not to keep crypto on an Exchange for an extended time frame. In order to withdraw your Chainlink (LINK), hover over the tab called “Funds” and click on “Withdraw”. (LINK) Chainlink can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate (LINK) Chainlink by using the provided drop-down box. Enter the quantity of (LINK) Chainlink you would like to take off. Don't forget the displayed minimus/fees. Also make sure you have entered your right withdraw address. When you're glad, make a mouse click on “Submit”. You could be asked for verfication via phone/email before a take off.