How to Buy Chainlink (LINK) in Netherlands

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

Step 1 – Signup to Kraken

You will first need to buy units of the bigger coins. Exchanges commonly accept either Bitcoin or Ethereum in exchange for alternative Coins. Click the button below to register and receive your first BTC (Bitcoin) or ETH (Ethereum).

Step 2 – Send Your BTC (Bitcoin) or ETH (Ethereum) to an Exchange

Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Exchange now. Every exchange has a deposit form that is identical. Chainlink (LINK) is obtainable on Binance, so we're going to use that as an sample. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Follow these easy steps)

Make sure you have chosen the exact coin you wish to deposit.

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etcetera. In the case you're working with a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our how-to).

Step 3 – Locate Chainlink (LINK)

Once your deposit has been approved, you will now have access to your funds and you can start invest and trading. To purchase (LINK) Chainlink on Binance, you'll want to hover over the “Exchange” tab and click on “Basic”.

To find Chainlink (LINK), you will need to insert the cointype (LINK) into the search box, which is highlighted in the image. Be certain of having choosen the correct pairing, we have marked this also. Click on “LINK/BTC” to advance.

Step 4 – Buy Chainlink (LINK)

As soon as you've spotted Chainlink (LINK), you will be given a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the picture). For now we're creating our Limit Order.

The field with the “Price” tag will be filled automatically with the most latest rate (LINK) Chainlink was sold for. You can change this to your favoured price. The field with the “Amount” tag is the volumen of LINK you want to purchase. The field with the “Total” tag is the whole price in BTC that you'll settle for the whole amount of LINK.

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

Step 5 – Withdraw (LINK) Chainlink

Unless you are trading, you should never keepyour crypto coins on an Exchange for an extended time period. In order to take off your Chainlink (LINK), hover over the tab called “Funds” and mouse click on “Withdraw”. (LINK) Chainlink can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Chainlink (LINK) by using the given drop-down box. Put into the volumen of Chainlink (LINK) you would like to withdraw. Take into account the demonstrated minimus/fees. Also make sure you have entered your correct withdraw address.

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

Congrats! You have successfully bought and safed Chainlink (LINK) in Netherlands.

That's it!

Withdrawals from Crypto Exchange can take anywhere from 1 – 30 minutes (depending on network usage). Once you have confirmed your take off using Ethplorer.io or Etherscan.io and the Chainlink (LINK) is stored inside your wallet, you're done.