A Step-by-Step-Guide on how to buy Chainlink (LINK) in Mali
Step 1 – Signup to Kraken You'll first need to buy units of the top-tier currencies. Exchanges commonly accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Follow the Link below to register and getting your welcome ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Transmit Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Trader Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is similar. Chainlink (LINK) is accessible on Binance, so we will use that as an illustration. Unsure on how to send Coinbase funds to an Crypto Trader? (Follow this guide) Make sure you have selected the right coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so forth. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be different (Just follow our guide).
Step 3 – Find (LINK) Chainlink As soon as your deposit has been affirmed, you'll immediately have access to your funds and you can commence buying and trading. To invest in Chainlink (LINK) on Binance, you will want to hover over the tab which is called “Exchange” and after that mouse click on “Basic”. In order to find Chainlink (LINK), you will need to insert the shortname of the coin (LINK) into the search-box, which is highlighted in the graphic. Be certain of having choosen the correct grouping, we have highlighted this also. Click on “LINK/BTC” to proceed.
Step 4 – Acquisition of Chainlink (LINK) Once you have found (LINK) Chainlink, you'll be presented with a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). And now we're going to create our own Limit Order. The “Price” field will be automatically filled with the most recent price Chainlink (LINK) was sold for. This can be changed to your preferred rate. The field with the “Amount” tag is the amount of LINK you wish to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you'll pay for the complete amount of LINK. If you're happy, click on “Buy LINK”. Your order will be filled when a Vendor trades their LINK for the price you submitted.
Step 5 – Withdraw (LINK) Chainlink Unless you are frequently trading, best advise is not to keep crypto on an Cryptocurrency Exchange for an extended time period. To withdraw your (LINK) Chainlink, hover over the “Funds” tab and mouse click on “Withdraw”. Chainlink (LINK) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Chainlink (LINK) by using the provided drop-down box. Drop in the volumen of (LINK) Chainlink you'd wish to take off. Take into account the displayed minimus/fees. Also make sure you have filled your precise withdraw address. When you are happy, click “Submit”. You could be requested for verfication via email/phone before a withdrawal.