How to Buy Chainlink (LINK) in Rwanda

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

Step 1 – Join Kraken

You'll first need to purchase units of the bigger currencies. Exchanges normally accept either Bitcoin or Ethereum in exchange for alternative Coins. Click below for registration and to get your welcome BTC (Bitcoin) or ETH (Ethereum).

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

Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is alike. Chainlink (LINK) is obtainable on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this guide)

Make sure you have selected the precise coin you would like to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etc. If you are using a decentralized exchange, such as Airswap or DDEX could be unlike (Follow these easy steps).

Step 3 – Locate (LINK) Chainlink

As soon as your deposit has been affirmed, you will now have access to your finances and you can commence invest and trading. To invest in (LINK) Chainlink on Binance, you'll want to go to the “Exchange” tab and after that mouse click on “Basic”.

In order to locate Chainlink (LINK), you'll need to put the shortname of the coin (LINK) into the search-box, which is marked in the picture. Be certain of having selected the proper pairing, we've marked this also. Click on “LINK/BTC” to proceed.

Step 4 – Acquisition of Chainlink (LINK)

Once you have spotted Chainlink (LINK), you will be presented with a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the image). Next we're going to make our Limit Order.

The “Price” field will be filled automatically with the most recent valuation (LINK) Chainlink was sold for. You can change this to your desired rate. The field with the “Amount” tag is the amount of LINK you wish to buy. The “Total” field is the whole price in BTC that you'll settle for the whole volumen of LINK.

When you are satisfied, make a mouse click on “Buy LINK”. Your plan will be filled when a Seller sells their LINK for the price you offered.

Step 5 – Withdraw (LINK) Chainlink

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

Locate Chainlink (LINK) by using the provided drop-down box. Drop in the amount of Chainlink (LINK) you'd wish to take off. Don't forget the shown fees/minimums. Also make sure you have entered your correct withdraw address.

When you're glad, click “Submit”. You could be asked for verfication via email/phone ahead of a withdrawal.

Congrats! You've successfully purchased and safed (LINK) Chainlink in Rwanda.

That's it!

Withdrawals from Crypto Exchange can durate anywhere from 1 – 30 minutes (depending on network usage). Once you've confirmed your withdrawal using Ethplorer.io or Etherscan.io and the (LINK) Chainlink is stored within your wallet, you are all done.