How to Buy Chainlink (LINK) in Papua New Guinea

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

Step 1 – Join Kraken

You'll first need to purchase units of the bigger coins. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Follow the Link below to register and to get your welcome Ethereum (ETH) or Bitcoin (BTC).

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

Your Ethereum or Bitcoin will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. 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 Cryptocurrency Exchange? (Just follow these easy steps)

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

BTC must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, et cetera. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our how-to).

Step 3 – Locate (LINK) Chainlink

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

In order to spot Chainlink (LINK), you'll need to put the cointype (LINK) into the search-box, which is marked in the picture. Be certain of having choosen the right pairing, we have marked this also. Click on “LINK/BTC” to advance.

Step 4 – Purchase Chainlink (LINK)

As soon as you have found Chainlink (LINK), you'll be presented with a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). Next we are creating our Limit Order.

The field with the “Price” tag will be automatically filled with the most latest price (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 like to purchase. The field with the “Total” tag is the whole price in Bitcoin that you will settle for the complete volumen of LINK.

If you're glad, click on “Buy LINK”. Your order will be filled as soon as a Vendor sells their LINK for the price you offered.

Step 5 – Withdraw Chainlink (LINK)

Unless you're trading, best advise is not to keep your crypto on an Crypto Exchange for an longer time frame. To take off your Chainlink (LINK), go to the tab called “Funds” and mouse click on “Withdraw”. Chainlink (LINK) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

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

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

Kudos! You've successfully purchased and stored (LINK) Chainlink in Papua New Guinea.

That's it!

Take offs from Crypto Trader can durate anywhere from 1 – 30 minutes (depending on network usage). Once you've confirmed your take off with Etherscan.io or Ethplorer.io and the Chainlink (LINK) is stored within your wallet, you're finished.