How to Buy Chainlink (LINK) in Qatar

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

Step 1 – Join Kraken

You'll first need to buy units of the bigger coins. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Follow the Link below for registration and receive your first Ethereum or Bitcoin.

Step 2 – Transfer Your Funds to an Exchange

Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is identical. Chainlink (LINK) is accessible on Binance, so we're going to use that as an illustration. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this manual)

Make sure you've selected the precise coin you want to deposit.

BTC must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, etc. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be divergent (Follow these easy steps).

Step 3 – Find Chainlink (LINK)

Once your deposit has been confirmed, you will directly have access to your finances and you can commence buying and trading. To buy Chainlink (LINK) on Binance, you will want to go to the tab which is called “Exchange” and then click on “Basic”.

In order to discover (LINK) Chainlink, you'll need to insert the shortname of the coin (LINK) into the search-box, which is marked in the graphic. Make sure you have choosen the right grouping, we have highlighted this also. Click on “LINK/BTC” to continue.

Step 4 – Acquisition of (LINK) Chainlink

As soon as you've located Chainlink (LINK), you'll be presented with a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the image). Next we are going to make our own Limit Order.

The “Price” field will be filled with the recent rate Chainlink (LINK) was traded for. You can change this to your preferred rate. The “Amount” field is the quantity of LINK you wish to purchase. The “Total” field is the aggregated price in Bitcoin that you'll settle for the whole volumen of LINK.

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

Step 5 – Withdraw (LINK) Chainlink

Unless you are regularly trading, you should never keepyour crypto on an Crypto Trader for an extensive time period. In order to withdraw your Chainlink (LINK), go to the tab called “Funds” and click on “Withdraw”. Chainlink (LINK) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find Chainlink (LINK) by using the provided drop-down box. Enter the volumen of (LINK) Chainlink you would like to withdraw. Take into account the shown fees/minimums. Also make sure you have entered your correct withdraw address.

If you are glad, make a mouse click on “Submit”. You may be requested for verfication via phone/email ahead of a take off.

Congrats! You've successfully bought and safed (LINK) Chainlink in Qatar.

That's it!

Take offs from Exchange can durate between 1 – 30 minutes (depending on network usage). Once you've proved your take off using Etherscan.io or Ethplorer.io and the (LINK) Chainlink is stored in your wallet, you are finished.