A Step-by-Step-Guide on how to buy Chainlink (LINK) in Pitcairn Islands
Step 1 – Signup to Kraken You'll first need to purchase one of the bigger currencies. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Follow the Link below for registration and to get your welcome Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Cryptocurrency Exchange Your Bitcoin or Ethereum has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is alike. Chainlink (LINK) is accessible on Binance, so we will use that as an example. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow these easy steps) Make sure you've selected the correct coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so forth. If you are working with a decentralized exchange, such as Airswap or DDEX could be different (Follow our guide).
Step 3 – Find (LINK) Chainlink Once your deposit has been approved, you will directly have access to your funds and you can initiate buying and trading. To purchase (LINK) Chainlink on Binance, you'll want to go to the tab which is called “Exchange” and after that mouse click on “Basic”. In order to locate (LINK) Chainlink, you will need to put the short name of the asset (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 go on.
Step 4 – Buy (LINK) Chainlink After you've located Chainlink (LINK), you will be given a Price Chart (in the Center of the image) and a few Order Books (on the Left of the picture). For now we are creating our Limit Order. The field with the “Price” tag will be filled with the up-to-date price (LINK) Chainlink was sold for. You can change this to your favoured price. The “Amount” field is the volumen of LINK you like to buy. The “Total” field is the whole price in BTC that you will pay for the whole amount of LINK. If you are happy, click on “Buy LINK”. Your order will be filled as soon as a Vender sells their LINK for the price you offered.
Step 5 – Withdraw (LINK) Chainlink Unless you are trading, never keep your crypto on an Exchange for an extensive time frame. In order to take off your Chainlink (LINK), go to the “Funds” tab and click on “Withdraw”. Chainlink (LINK) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Chainlink (LINK) by using the given drop-down box. Drop in the amount of (LINK) Chainlink you'd like to take off. Don't forget the presented fees/minimums. Also make sure you have filled your precise withdraw address. If you're happy, click on “Submit”. You may be requested for verfication via phone/email before a take off.