How to Buy Chainlink (LINK) in Nicaragua

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

Step 1 – Join Kraken

You will first need to purchase units of the major coins. Exchanges usually accept either Bitcoin or Ethereum in exchange for Altcoins. Click below to register and to get your welcome Bitcoin (BTC) or Ethereum (ETH).

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

Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Exchange now. All exchanges have a deposit form that is identical. Chainlink (LINK) is obtainable on Binance, so we're going to use that as an sample. Not sure on how to send Coinbase funds to an Crypto Exchange? (Just follow this manual)

Make sure you have selected the exact coin you want to deposit.

Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, etcetera. If you're working with a decentralized exchange, like Airswap or DDEX could be different (Follow our manual).

Step 3 – Locate (LINK) Chainlink

As soon as your deposit has been verified, you'll instantly have access to your funds and you can initiate purchasing and trading. To invest in (LINK) Chainlink on Binance, you will want to hover over the tab which is called “Exchange” and mouse click on “Basic”.

In order to find Chainlink (LINK), you will need to insert the cointype (LINK) into the search-box, which is highlighted in the graphic. Make sure you have choosen the right pairing, we've marked this too. Click on “LINK/BTC” to proceed.

Step 4 – Buying Chainlink (LINK)

As soon as you've discovered (LINK) Chainlink, you'll be given a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the picture). And now we're making our Limit Order.

The “Price” field will be automatically filled with the most up-to-date tariff Chainlink (LINK) was sold for. This can be changed to your favoured price. The “Amount” field is the volumen of LINK you wish to buy. The field with the “Total” tag is the total price in Bitcoin that you'll settle for the whole amount of LINK.

If you are happy, make a mouse click on “Buy LINK”. Your plan will be filled as soon as a Vendor sells their LINK for the price you offered.

Step 5 – Withdraw (LINK) Chainlink

Unless you are frequently trading, you should never keepyour coins on an Exchange for an extensive time frame. To take off your Chainlink (LINK), go to the “Funds” tab and mouse click on “Withdraw”. (LINK) Chainlink can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

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

When you are happy, click on “Submit”. You could be requested for email/phone verification before a take off.

Congratulations! You've successfully bought and stored (LINK) Chainlink in Nicaragua.

That's it!

Take offs from Crypto Exchange can take between 1 – 30 minutes (rely on network usage). Once you have confirmed your take off with Ethplorer.io or Etherscan.io and the (LINK) Chainlink is stored in your wallet, you're done.