A Step-by-Step-Guide on how to buy Chainlink (LINK) in Senegal
Step 1 – Signup to Kraken You'll first need to purchase units of the bigger coins. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Click below for registration and getting your welcome ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Transmit Your BTC (Bitcoin) or ETH (Ethereum) to an Cryptocurrency Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is alike. Chainlink (LINK) is accessible on Binance, so we will use that as an sample. Unsure on how to send funds from Coinbase to an Crypto Trader? (Just follow this how-to) Make sure you have chosen the correct coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etc. In the case you are working with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow these easy steps).
Step 3 – Locate Chainlink (LINK) As soon as your deposit has been confirmed, you will now have access to your funds and you can start purchasing and trading. To buy (LINK) Chainlink on Binance, you will want to go to the “Exchange” tab and then mouse click on “Basic”. To spot (LINK) Chainlink, you will need to put the shortname of the coin (LINK) into the search-box, which is marked in the image. Be certain of having choosen the correct pairing, we have highlighted this too. Click on “LINK/BTC” to go on.
Step 4 – Buy Chainlink (LINK) As soon as you have found Chainlink (LINK), you will be presented with a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). For now we're going to create our Limit Order. The “Price” field will be filled with the most latest price Chainlink (LINK) was sold for. This can be changed to your desired rate. The field with the “Amount” tag is the quantity of LINK you want to buy. The field with the “Total” tag is the whole price in Bitcoin that you'll pay for the complete quantity of LINK. If you're happy, make a mouse click on “Buy LINK”. Your order will be filled when a Vendor sells their LINK for the price you introduced.
Step 5 – Withdraw Chainlink (LINK) Unless you are regularly trading, you should never keepyour crypto on an Exchange for an extended time period. In order to take off your (LINK) Chainlink, go to the tab called “Funds” and mouse click on “Withdraw”. Chainlink (LINK) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find (LINK) Chainlink by using the provided drop-down box. Drop in the volumen of Chainlink (LINK) you would wish to take off. Take into account the presented fees/minimums. Also make sure you have filled your precise withdraw address. When you're satisfied, make a mouse click on “Submit”. You could be requested for verfication via email/phone before a take off.