A Step-by-Step-Guide on how to buy Chainlink (LINK) in Portugal
Step 1 – Join Kraken In the beginning you'll need to buy one of the top-tier coins. Exchanges normally accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Click below for registration and receive your welcome Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transfer Your Ethereum or Bitcoin to an Crypto Trader Your Ethereum or Bitcoin will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is similar. Chainlink (LINK) is accessible 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 have selected the precise coin you wish to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etc. If you're working with a decentralized exchange, like Airswap or DDEX could be divergent (Follow our how-to).
Step 3 – Locate Chainlink (LINK) Once your deposit has been approved, you'll instantly have access to your finances and you can commence buying and trading. To purchase Chainlink (LINK) on Binance, you will want to hover over the tab which is called “Exchange” and mouse click on “Basic”. To spot Chainlink (LINK), you will need to put the short name of the asset (LINK) into the search box, which is marked in the picture. Make sure you have selected the correct pairing, we've marked this also. Click on “LINK/BTC” to go ahead.
Step 4 – Buy Chainlink (LINK) As soon as you've found Chainlink (LINK), you will be presented with a Price Chart (in the Center of the image) and a few Order Books (Leftside of the picture). And now we are going to create our Limit Order. The “Price” field will be filled with the most recent valuation (LINK) Chainlink was sold for. You can change this to your preferred price. The field with the “Amount” tag is the amount of LINK you want to purchase. The field with the “Total” tag is the total price in BTC that you'll settle for the complete volumen of LINK. When you're glad, make a mouse click on “Buy LINK”. Your order will be filled when a Vendor trades their LINK for the price you submitted.
Step 5 – Withdraw (LINK) Chainlink Unless you're frequently trading, best advise is not to keep your coins on an Cryptocurrency Exchange for an longer time frame. In order to withdraw your (LINK) Chainlink, hover over the tab called “Funds” and click on “Withdraw”. (LINK) Chainlink can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find (LINK) Chainlink by using the given drop-down box. Enter the amount of (LINK) Chainlink you would like to withdraw. Don't forget the shown fees/minimums. Also make sure you have entered your correct withdraw address. If you are happy, click on “Submit”. You may be asked for verfication via email/phone before a take off.