How to Buy Chainlink (LINK) in Mozambique

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

Step 1 – Join Kraken

In the beginning you'll need to buy one of the bigger currencies. Exchanges normally accept either Bitcoin or Ethereum in exchange for alternative Coins. Click the button below to register and to get your first Bitcoin or Ethereum.

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

Your BTC (Bitcoin) or ETH (Ethereum) 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're going to use that as an example. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Just follow these easy steps)

Make sure you've chosen the exact coin you would like to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, et cetera. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be different (Follow our guide).

Step 3 – Find Chainlink (LINK)

Once your deposit has been approved, you'll directly have access to your finances and you can initiate buying and trading. To purchase (LINK) Chainlink on Binance, you'll want to go to the “Exchange” tab and after that click on “Basic”.

In order to locate Chainlink (LINK), you'll need to insert the short name of the asset (LINK) into the search-box, which is highlighted in the image. Make sure you have choosen the correct pairing, we have marked this too. Click on “LINK/BTC” to continue.

Step 4 – Acquisition of Chainlink (LINK)

Once you have spotted Chainlink (LINK), 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). And now we are making our Limit Order.

The “Price” field will be filled with the most recent valuation (LINK) Chainlink was sold for. This can be changed to your preferred price. The field with the “Amount” tag is the volumen of LINK you wish to purchase. The field with the “Total” tag is the whole price in BTC that you'll settle for the complete quantity of LINK.

If you're satisfied, make a mouse click on “Buy LINK”. Your plan will be filled as soon as a Vendor trades their LINK for the price you introduced.

Step 5 – Withdraw Chainlink (LINK)

Unless you are frequently trading, best advise is not to keep coins on an Crypto Exchange for an extensive time period. To withdraw your Chainlink (LINK), hover over the “Funds” tab and mouse click on “Withdraw”. Chainlink (LINK) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find Chainlink (LINK) by using the provided drop-down box. Enter the volumen of (LINK) Chainlink you would like to take off. Take into account the shown minimus/fees. Also make sure you have entered your right withdraw address.

If you're satisfied, make a mouse click on “Submit”. You may be asked for verfication via phone/email before a take off.

Congratulations! You've successfully purchased and stored (LINK) Chainlink in Mozambique.

That's it!

Withdrawals from Cryptocurrency Exchange can durate anywhere from 1 – 30 minutes (depending on network usage). Once you've confirmed your withdrawal with Ethplorer.io or Etherscan.io and the Chainlink (LINK) is safe in your wallet, you're done.