A Step-by-Step-Guide on how to buy Chainlink (LINK) in Samoa
Step 1 – Join Kraken In the beginning you'll need to purchase units of the major currencies. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Click below for registration and receive your welcome Bitcoin or Ethereum.
Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Cryptocurrency Exchange Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is identical. Chainlink (LINK) is available on Binance, so we're going to use that as an example. Unsure on how to send Coinbase funds to an Crypto Exchange? (Just follow this how-to) Make sure you've chosen the correct coin you wish to deposit. BTC must be sent to a BTC deposit address, Ethereum to an ETH deposit address, and so on. If you're using a decentralized exchange, such as Airswap or DDEX could be different (Follow our manual).
Step 3 – Find Chainlink (LINK) As soon as your deposit has been confirmed, you will directly have access to your finances and you can start purchasing and trading. To purchase (LINK) Chainlink on Binance, you'll want to hover over the tab which is called “Exchange” and then mouse click on “Basic”. To locate Chainlink (LINK), you will need to insert the short name of the asset (LINK) into the search-box, which is marked in the graphic. Be certain of having choosen the correct grouping, we have marked this also. Click on “LINK/BTC” to proceed.
Step 4 – Buying (LINK) Chainlink As soon as you have found Chainlink (LINK), you'll be given a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the image). Next we're making our Limit Order. The field with the “Price” tag will be filled with the up-to-date valuation (LINK) Chainlink was traded for. This can be changed to your preferred rate. The field with the “Amount” tag is the volumen of LINK you want to buy. The “Total” field is the total price in Bitcoin that you'll settle for the whole volumen of LINK. If you are satisfied, click on “Buy LINK”. Your order will be filled when a Seller trades their LINK for the price you gave.
Step 5 – Withdraw Chainlink (LINK) Unless you are regularly trading, never keep your coins on an Crypto Exchange for an extensive period of time. In order to withdraw your (LINK) Chainlink, hover over the tab called “Funds” and mouse click on “Withdraw”. (LINK) Chainlink can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Chainlink (LINK) by using the given drop-down box. Put into the amount of (LINK) Chainlink you would like to withdraw. Don't forget the demonstrated fees/minimums. Also make sure you have entered your right withdraw address. If you're satisfied, click “Submit”. You could be requested for verfication via phone/email before a withdrawal.