How to Buy Chainlink (LINK) in Montenegro

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

Step 1 – Join Kraken

You will first need to buy units of the major currencies. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Click the button below for registration and receive your first BTC (Bitcoin) or ETH (Ethereum).

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

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

Make sure you've chosen the right coin you want to deposit.

BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etcetera. If you're working with a decentralized exchange, like Airswap or DDEX could be divergent (Follow these easy steps).

Step 3 – Find Chainlink (LINK)

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

In order to locate Chainlink (LINK), you'll need to insert the shortname of the coin (LINK) into the search-box, which is marked in the picture. Be certain of having choosen the correct grouping, we have marked this also. Click on “LINK/BTC” to go on.

Step 4 – Purchasing (LINK) Chainlink

After you have spotted (LINK) Chainlink, you'll be presented with a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the image). For now we are creating our Limit Order.

The field with the “Price” tag will be filled automatically with the recent price Chainlink (LINK) was sold for. This can be changed to your desired rate. The “Amount” field is the amount of LINK you like to purchase. The “Total” field is the whole price in Bitcoin that you will settle for the whole amount of LINK.

If you're glad, click on “Buy LINK”. Your plan will be filled as soon as a Seller sells their LINK for the price you submitted.

Step 5 – Withdraw Chainlink (LINK)

Unless you are trading, you should never keepyour crypto coins on an Exchange for an extended time period. In order to withdraw your (LINK) Chainlink, go to the tab called “Funds” 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 given drop-down box. Put into the quantity of (LINK) Chainlink you'd like to take off. Don't forget the displayed fees/minimums. Also make sure you have filled your precise withdraw address.

If you're happy, make a mouse click on “Submit”. You could be asked for phone/email verification ahead of a withdrawal.

Kudos! You have successfully purchased and safed Chainlink (LINK) in Montenegro.

That's it!

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