A Step-by-Step-Guide on how to buy Chainlink (LINK) in Sao Tome And Principe
Step 1 – Join Kraken You will first need to buy units of the bigger currencies. Exchanges normally accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Click below to register and to get your first Bitcoin or Ethereum.
Step 2 – Transmit Your Ethereum or Bitcoin to an Cryptocurrency Exchange Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. Chainlink (LINK) is available on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Crypto Trader? (Follow this how-to) Make sure you've selected the exact coin you would like to deposit. BTC must be sent to a BTC deposit address, Ethereum to an ETH deposit address, etcetera. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our guide).
Step 3 – Locate (LINK) Chainlink Once your deposit has been confirmed, you'll instantly have access to your finances and you can start buying and trading. To invest in Chainlink (LINK) on Binance, you'll want to hover over the “Exchange” tab and then mouse click on “Basic”. To find (LINK) Chainlink, you'll need to insert the cointype (LINK) into the search box, which is highlighted in the picture. Make sure you have choosen the right grouping, we have marked this also. Click on “LINK/BTC” to go ahead.
Step 4 – Purchase (LINK) Chainlink After you have found Chainlink (LINK), you'll be given a Price Chart (in the Center of the image) and some Order Books (on the Left of the image). Next we are going to make our own Limit Order. The “Price” field will be automatically filled with the most latest tariff Chainlink (LINK) was traded for. This can be changed to your preferred price. The “Amount” field is the amount of LINK you want to buy. The field with the “Total” tag is the aggregated price in BTC that you'll pay for the complete volumen of LINK. When you are glad, click on “Buy LINK”. Your order will be filled when a Vender trades their LINK for the price you submitted.
Step 5 – Withdraw (LINK) Chainlink Unless you are regularly trading, best advise is not to keep coins on an Crypto Trader for an longer time period. To withdraw your Chainlink (LINK), hover over the tab called “Funds” and click on “Withdraw”. (LINK) Chainlink can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate (LINK) Chainlink by using the given drop-down box. Put into the volumen of Chainlink (LINK) you'd like to withdraw. Don't forget the presented minimus/fees. Also make sure you have entered your right withdraw address. If you're happy, make a mouse click on “Submit”. You could be asked for phone/email verification before a take off.