How to Buy Chainlink (LINK) in New Zealand

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

Step 1 – Join Kraken

You will first need to buy units of the major coins. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Click below to register and getting your welcome ETH (Ethereum) or BTC (Bitcoin).

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

Your Bitcoin or Ethereum will need to be sent over to an Cryptocurrency Exchange 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 illustration. Unsure on how to send Coinbase funds to an Crypto Exchange? (Follow this manual)

Make sure you have chosen the precise coin you would like to deposit.

BTC must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, et cetera. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our how-to).

Step 3 – Locate Chainlink (LINK)

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

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

Step 4 – Purchasing (LINK) Chainlink

Once you have found Chainlink (LINK), you will be presented with a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). Next we're going to create our own Limit Order.

The “Price” field will be filled with the up-to-date tariff (LINK) Chainlink was sold for. This can be changed to your favoured rate. The field with the “Amount” tag is the quantity of LINK you like to purchase. The “Total” field is the aggregated price in Bitcoin that you will pay for the whole volumen of LINK.

When you're satisfied, click on “Buy LINK”. Your plan will be filled when a Seller trades their LINK for the price you offered.

Step 5 – Withdraw Chainlink (LINK)

Unless you're regularly trading, best advise is not to keep your crypto on an Exchange for an extended period of time. In order to withdraw your Chainlink (LINK), hover over the tab called “Funds” and mouse click on “Withdraw”. Chainlink (LINK) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Chainlink (LINK) by using the provided drop-down box. Drop in the volumen of Chainlink (LINK) you'd like to withdraw. Take into account the shown minimus/fees. Also make sure you have filled your precise withdraw address.

When you're glad, make a mouse click on “Submit”. You could be requested for verfication via phone/email ahead of a take off.

Congrats! You've successfully bought and safed (LINK) Chainlink in New Zealand.

That's it!

Withdrawals from Cryptocurrency Exchange can take 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 safe inside your wallet, you are done.