How to Buy Chainlink (LINK) in Philippines

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

Step 1 – Join Kraken

You'll first need to purchase units of the top-tier currencies. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Follow the Link below to register and getting your first Bitcoin (BTC) or Ethereum (ETH).

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

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

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

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so forth. If you are using a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our manual).

Step 3 – Find (LINK) Chainlink

Once your deposit has been affirmed, you'll immediately have access to your funds and you can commence buying and trading. To buy (LINK) Chainlink on Binance, you'll want to hover over the tab which is called “Exchange” and mouse click on “Basic”.

In order to find (LINK) Chainlink, you will need to insert the shortname of the coin (LINK) into the search box, which is highlighted in the graphic. Make sure you have choosen the proper pairing, we've marked this also. Click on “LINK/BTC” to progress.

Step 4 – Purchasing (LINK) Chainlink

After you've located (LINK) Chainlink, you'll be given 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 field with the “Price” tag will be automatically filled with the recent valuation Chainlink (LINK) was traded for. You can change this to your desired rate. The field with the “Amount” tag is the quantity of LINK you wish to purchase. The field with the “Total” tag is the aggregated price in BTC that you'll pay for the complete quantity of LINK.

When you're happy, click on “Buy LINK”. Your plan will be filled as soon as a Vendor trades their LINK for the price you gave.

Step 5 – Withdraw (LINK) Chainlink

Unless you are trading, best advise is not to keep crypto coins on an Cryptocurrency Exchange for an extensive time frame. In order to take off your Chainlink (LINK), hover over the tab called “Funds” and click on “Withdraw”. (LINK) Chainlink can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find Chainlink (LINK) by using the given drop-down box. Enter the amount of Chainlink (LINK) you'd like to take off. Take into account the presented fees/minimums. Also make sure you have entered your precise withdraw address.

If you are glad, make a mouse click on “Submit”. You may be asked for verfication via email/phone before a withdrawal.

Congrats! You have successfully purchased and safed (LINK) Chainlink in Philippines.

That's it!

Withdrawals from Cryptocurrency Exchange can durate anywhere from 1 – 30 minutes (depending on usage of the network). As soon as you have proved your withdrawal using Ethplorer.io or Etherscan.io and the Chainlink (LINK) is safe within your wallet, you are all done.