A Step-by-Step-Guide on how to buy Chainlink (LINK) in Saint Martin
Step 1 – Join Kraken You'll first need to purchase units of the bigger coins. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Click below for registration and to get your welcome Bitcoin or Ethereum.
Step 2 – Transfer Your ETH (Ethereum) or BTC (Bitcoin) to an Cryptocurrency Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is alike. Chainlink (LINK) is accessible on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this manual) Make sure you've chosen the exact coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, and so forth. In the case you are using a decentralized exchange, like Airswap or DDEX could be different (Just follow our manual).
Step 3 – Locate Chainlink (LINK) As soon as your deposit has been confirmed, you'll instantly have access to your funds and you can initiate invest and trading. To invest in Chainlink (LINK) on Binance, you'll want to hover over the tab which is called “Exchange” and after that click on “Basic”. To find (LINK) Chainlink, you will need to put the short name of the asset (LINK) into the search box, which is highlighted in the graphic. Be certain of having choosen the right grouping, we have marked this too. Click on “LINK/BTC” to go on.
Step 4 – Acquisition of (LINK) Chainlink As soon as you have discovered Chainlink (LINK), you'll be given a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). For now we are making our own Limit Order. The “Price” field will be automatically filled with the most recent tariff (LINK) Chainlink was traded for. You can change this to your favoured price. The field with the “Amount” tag is the quantity of LINK you want to purchase. The field with the “Total” tag is the whole price in BTC that you'll settle for the complete volumen of LINK. If you are glad, make a mouse click on “Buy LINK”. Your plan will be filled as soon as a Seller trades their LINK for the price you submitted.
Step 5 – Withdraw Chainlink (LINK) Unless you are trading, best advise is not to keep your crypto coins on an Exchange for an extensive time period. In order to withdraw your Chainlink (LINK), go to the “Funds” tab and click on “Withdraw”. (LINK) Chainlink can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Chainlink (LINK) by using the provided drop-down box. Enter the amount of Chainlink (LINK) you'd like to withdraw. Don't forget the shown fees/minimums. Also make sure you have filled your right withdraw address. If you are happy, make a mouse click on “Submit”. You could be asked for email/phone verification before a withdrawal.