A Step-by-Step-Guide on how to buy Chainlink (LINK) in Pakistan
Step 1 – Signup to Kraken In the beginning you'll need to buy units of the bigger currencies. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Click below to register and to get your first Ethereum or Bitcoin.
Step 2 – Transfer Your Bitcoin or Ethereum to an Crypto Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. Chainlink (LINK) is available on Binance, so we're going to use that as an sample. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this manual) Make sure you have selected the right coin you wish to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so on. If you're working with a decentralized exchange, like Airswap or DDEX could be divergent (Follow these easy steps).
Step 3 – Find (LINK) Chainlink Once your deposit has been confirmed, you will immediately have access to your funds and you can commence purchasing and trading. To invest in Chainlink (LINK) on Binance, you'll want to go to the “Exchange” tab and then mouse click on “Basic”. To locate Chainlink (LINK), you'll need to insert the shortname of the coin (LINK) into the search-box, which is highlighted in the picture. Be certain of having choosen the correct pairing, we have marked this too. Click on “LINK/BTC” to go on.
Step 4 – Buying (LINK) Chainlink Once you've discovered (LINK) Chainlink, you will be presented with a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). Next we're creating our own Limit Order. The “Price” field will be automatically filled with the latest tariff (LINK) Chainlink was sold for. You can change this to your favoured rate. The field with the “Amount” tag is the volumen of LINK you want to buy. The field with the “Total” tag is the total price in Bitcoin that you will settle for the complete volumen of LINK. When you are satisfied, click on “Buy LINK”. Your plan will be filled when a Vender trades their LINK for the price you introduced.
Step 5 – Withdraw (LINK) Chainlink Unless you're frequently trading, best advise is not to keep your crypto coins on an Crypto Exchange for an extensive time period. To take off your (LINK) Chainlink, go to the “Funds” tab and mouse click on “Withdraw”. Chainlink (LINK) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Chainlink (LINK) by using the provided drop-down box. Enter the quantity of (LINK) Chainlink you'd like to withdraw. Don't forget the demonstrated fees/minimums. Also make sure you have filled your correct withdraw address. If you're glad, click “Submit”. You could be requested for phone/email verification before a take off.