How to Buy Chainlink (LINK) in Malta

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

Step 1 – Join Kraken

You'll first need to buy one of the major coins. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Follow the Link below to register and receive your welcome Ethereum or Bitcoin.

Step 2 – Send Your Ethereum or Bitcoin to an Crypto Trader

Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is identical. Chainlink (LINK) is accessible on Binance, so we're going to use that as an sample. Not sure on how to send Coinbase funds to an Crypto Exchange? (Follow these easy steps)

Make sure you've selected the precise coin you would like to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etc. In the case you are using a decentralized exchange, like Airswap or DDEX could be different (Just follow our manual).

Step 3 – Locate (LINK) Chainlink

As soon as your deposit has been confirmed, you will immediately have access to your funds and you can launch invest and trading. To invest in (LINK) Chainlink on Binance, you will want to hover over the tab which is called “Exchange” and then mouse click on “Basic”.

In order to discover Chainlink (LINK), you'll need to put the cointype (LINK) into the search-box, which is highlighted in the graphic. Be certain of having choosen the right grouping, we have marked this also. Click on “LINK/BTC” to proceed.

Step 4 – Buying Chainlink (LINK)

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

The field with the “Price” tag will be filled automatically with the latest tariff (LINK) Chainlink was sold for. You can change this to your desired rate. The field with the “Amount” tag 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 whole amount of LINK.

If you are satisfied, make a mouse click on “Buy LINK”. Your order will be filled as soon as a Vendor sells their LINK for the price you gave.

Step 5 – Withdraw Chainlink (LINK)

Unless you're frequently trading, never keep your coins on an Crypto Exchange for an longer period of time. To withdraw your Chainlink (LINK), go to the “Funds” tab and mouse click on “Withdraw”. Chainlink (LINK) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (LINK) Chainlink by using the provided drop-down box. Drop in the amount of (LINK) Chainlink you'd wish to take off. Take into account the demonstrated fees/minimums. Also make sure you have entered your right withdraw address.

When you are glad, click “Submit”. You may be requested for phone/email verification before a take off.

Kudos! You have successfully purchased and stored Chainlink (LINK) in Malta.

That's it!

Withdrawals from Exchange can take between 1 – 30 minutes (depending on network usage). As soon as you have proved your withdrawal with Ethplorer.io or Etherscan.io and the Chainlink (LINK) is safe in your wallet, you are finished.