A Step-by-Step-Guide on how to buy Chainlink (LINK) in Reunion
Step 1 – Signup to Kraken You will first need to buy one of the bigger currencies. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Click below for registration and to get your first ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Transmit Your ETH (Ethereum) or BTC (Bitcoin) to an Cryptocurrency Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Exchange now. All exchanges have a deposit form that is alike. Chainlink (LINK) is available on Binance, so we will use that as an sample. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this guide) Make sure you've chosen the exact coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, et cetera. In the case you are using a decentralized exchange, such as Airswap or DDEX could be different (Just follow these easy steps).
Step 3 – Locate Chainlink (LINK) Once your deposit has been affirmed, you'll immediately have access to your funds and you can begin purchasing and trading. To buy (LINK) Chainlink on Binance, you'll want to go to the “Exchange” tab and then mouse click on “Basic”. To find (LINK) Chainlink, you'll need to put the shortname of the coin (LINK) into the search-box, which is marked in the graphic. Make sure you have choosen the correct pairing, we have marked this also. Click on “LINK/BTC” to advance.
Step 4 – Purchasing Chainlink (LINK) Once you have spotted (LINK) Chainlink, you'll be presented with a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the image). For now we are going to create our Limit Order. The “Price” field will be automatically filled with the recent tariff (LINK) Chainlink was sold for. You can change this to your favoured rate. The “Amount” field is the volumen of LINK you like to buy. The field with the “Total” tag is the whole price in BTC that you'll pay for the complete volumen of LINK. If you're satisfied, click on “Buy LINK”. Your order will be filled when a Vender trades their LINK for the price you submitted.
Step 5 – Withdraw Chainlink (LINK) Unless you're regularly trading, best advise is not to keep coins on an Cryptocurrency Exchange for an longer time period. In order to take off your Chainlink (LINK), hover over the “Funds” tab and click on “Withdraw”. Chainlink (LINK) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate (LINK) Chainlink by using the provided drop-down box. Put into the amount of Chainlink (LINK) you'd wish to withdraw. Take into account the demonstrated minimus/fees. Also make sure you have entered your right withdraw address. When you are satisfied, make a mouse click on “Submit”. You may be requested for verfication via email/phone before a withdrawal.