A Step-by-Step-Guide on how to buy Chainlink (LINK) in Montserrat
Step 1 – Signup to Kraken You will first need to purchase one of the bigger coins. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click the button below for registration and getting your welcome Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Send Your Ethereum or Bitcoin to an Crypto Trader Your Ethereum or Bitcoin will need to be sent over to an Exchange now. Every exchange has a deposit form that is alike. Chainlink (LINK) is accessible on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Exchange? (Follow these easy steps) Make sure you've chosen the precise coin you would like to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, et cetera. If you're working with a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our guide).
Step 3 – Find (LINK) Chainlink Once your deposit has been approved, you will directly have access to your finances and you can start invest and trading. To invest in Chainlink (LINK) on Binance, you will want to go to the “Exchange” tab and click on “Basic”. To spot (LINK) Chainlink, you'll need to put the cointype (LINK) into the search box, which is highlighted in the graphic. Make sure you have selected the right pairing, we've highlighted this too. Click on “LINK/BTC” to progress.
Step 4 – Purchasing Chainlink (LINK) As soon as you've discovered Chainlink (LINK), you'll be presented with a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). Next we are going to make our own Limit Order. The “Price” field will be filled with the most latest tariff (LINK) Chainlink was sold for. This can be changed to your preferred rate. The “Amount” field is the amount of LINK you want to purchase. The field with the “Total” tag is the aggregated price in BTC that you'll pay for the complete volumen of LINK. When you're satisfied, click on “Buy LINK”. Your plan will be filled when a Vender sells their LINK for the price you submitted.
Step 5 – Withdraw (LINK) Chainlink Unless you are frequently trading, best advise is not to keep your crypto on an Cryptocurrency Exchange for an extensive time period. In order to withdraw your Chainlink (LINK), hover over the “Funds” tab and mouse click on “Withdraw”. Chainlink (LINK) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find (LINK) Chainlink by using the provided drop-down box. Drop in the volumen of Chainlink (LINK) you'd wish to withdraw. Take into account the shown minimus/fees. Also make sure you have filled your correct withdraw address. If you're glad, make a mouse click on “Submit”. You could be requested for email/phone verification ahead of a withdrawal.