A Step-by-Step-Guide on how to buy Chainlink (LINK) in Slovakia
Step 1 – Join Kraken In the beginning you'll need to purchase units of the bigger currencies. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Click the button below for registration and getting your welcome Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Send Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Trader Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto Trader now. Every exchange has 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 funds from Coinbase to an Crypto Exchange? (Follow this guide) Make sure you've selected the exact coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, et cetera. In the case you are working with a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our guide).
Step 3 – Find Chainlink (LINK) Once your deposit has been confirmed, you'll immediately have access to your assets and you can commence invest and trading. To buy Chainlink (LINK) on Binance, you will want to hover over the “Exchange” tab and mouse click on “Basic”. To discover (LINK) Chainlink, you'll need to insert the cointype (LINK) into the search-box, which is highlighted in the picture. Be certain of having choosen the proper pairing, we have marked this also. Click on “LINK/BTC” to proceed.
Step 4 – Buy (LINK) Chainlink After you have discovered (LINK) Chainlink, you'll be presented with a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the picture). Next we are creating our own Limit Order. The “Price” field will be filled with the recent valuation Chainlink (LINK) was sold for. This can be changed to your favoured price. The “Amount” field is the volumen of LINK you like to buy. The field with the “Total” tag is the whole price in Bitcoin that you will settle for the whole amount of LINK. If you're happy, click on “Buy LINK”. Your plan will be filled as soon as a Vender sells their LINK for the price you introduced.
Step 5 – Withdraw (LINK) Chainlink Unless you are regularly trading, best advise is not to keep crypto coins on an Cryptocurrency Exchange for an extended time period. In order to withdraw your Chainlink (LINK), go to the tab called “Funds” and mouse click on “Withdraw”. Chainlink (LINK) 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 quantity of Chainlink (LINK) you'd like to withdraw. Take into account the presented minimus/fees. Also make sure you have entered your precise withdraw address. When you're satisfied, click on “Submit”. You may be requested for verfication via phone/email before a withdrawal.