A Step-by-Step-Guide on how to buy Chainlink (LINK) in Saint Lucia
Step 1 – Signup to Kraken In the beginning you'll need to purchase one of the bigger coins. Exchanges normally accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Click the button below to register and getting your first BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Exchange Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is alike. Chainlink (LINK) is obtainable on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Exchange? (Follow this guide) Make sure you've chosen the right coin you would like to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, et cetera. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be different (Just follow our manual).
Step 3 – Locate (LINK) Chainlink As soon as your deposit has been approved, you will instantly have access to your assets and you can initiate buying and trading. To invest in Chainlink (LINK) on Binance, you'll want to hover over the “Exchange” tab and after that mouse click on “Basic”. To spot (LINK) Chainlink, you'll need to put the shortname of the coin (LINK) into the search box, which is highlighted in the picture. Be certain of having choosen the proper pairing, we've marked this also. Click on “LINK/BTC” to go ahead.
Step 4 – Purchase Chainlink (LINK) Once you've spotted Chainlink (LINK), you will be given a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). And now we're going to make our own Limit Order. The “Price” field will be filled automatically with the most latest price (LINK) Chainlink was sold for. This can be changed to your favoured price. The “Amount” field is the quantity of LINK you wish to buy. The “Total” field is the aggregated price in BTC that you will pay for the complete amount of LINK. If you are glad, make a mouse click on “Buy LINK”. Your order will be filled as soon as a Seller trades their LINK for the price you gave.
Step 5 – Withdraw (LINK) Chainlink Unless you're trading, best advise is not to keep your coins on an Cryptocurrency Exchange for an extensive period of time. To withdraw your Chainlink (LINK), hover over the “Funds” tab and mouse click on “Withdraw”. Chainlink (LINK) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate (LINK) Chainlink by using the provided drop-down box. Drop in the quantity of Chainlink (LINK) you'd wish to withdraw. Don't forget the presented minimus/fees. Also make sure you have entered your correct withdraw address. When you are happy, click “Submit”. You may be asked for phone/email verification ahead of a withdrawal.