How to Buy Chainlink (LINK) in Peru

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

Step 1 – Signup to Kraken

In the beginning you'll need to purchase one of the top-tier currencies. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Click below to register and to get your first Bitcoin or Ethereum.

Step 2 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) 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 available on Binance, so we're going to use that as an illustration. Not sure on how to send Coinbase funds to an Crypto Exchange? (Just follow this guide)

Make sure you've selected the exact coin you would like to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so on. In the case you're using a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our guide).

Step 3 – Locate Chainlink (LINK)

As soon as your deposit has been confirmed, you'll instantly have access to your assets and you can commence purchasing and trading. To buy Chainlink (LINK) on Binance, you'll want to go to the “Exchange” tab and then mouse click on “Basic”.

In order to discover Chainlink (LINK), you will need to put the short name of the asset (LINK) into the search-box, which is highlighted in the picture. Be certain of having selected the right pairing, we have marked this too. Click on “LINK/BTC” to advance.

Step 4 – Buy (LINK) Chainlink

Once you've located Chainlink (LINK), you'll be presented with a Price Chart (in the Center of the image) and some Order Books (Leftside of the picture). Next we are making our own Limit Order.

The “Price” field will be filled automatically with the most up-to-date rate (LINK) Chainlink was sold for. You can change this to your preferred price. The field with the “Amount” tag is the volumen of LINK you wish to buy. The “Total” field is the whole price in BTC that you'll settle for the whole quantity of LINK.

If you're happy, click on “Buy LINK”. Your order will be filled when a Vender sells their LINK for the price you introduced.

Step 5 – Withdraw (LINK) Chainlink

Unless you're regularly trading, best advise is not to keep your coins on an Exchange for an longer time frame. In order to withdraw your (LINK) Chainlink, go to the “Funds” tab and click on “Withdraw”. Chainlink (LINK) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

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

If you're happy, click on “Submit”. You could be requested for phone/email verification ahead of a withdrawal.

Congrats! You've successfully purchased and stored Chainlink (LINK) in Peru.

That's it!

Take offs from Crypto Exchange can durate anywhere from 1 – 30 minutes (depending on network usage). As soon as you've proved your withdrawal using Ethplorer.io or Etherscan.io and the (LINK) Chainlink is stored within your wallet, you're done.