How to Buy Chainlink (LINK) in Solomon Islands

A Step-by-Step-Guide on how to buy Chainlink (LINK) in Solomon Islands

Step 1 – Join Kraken

You will first need to buy units of the major currencies. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Click below to register and to get your first BTC (Bitcoin) or ETH (Ethereum).

Step 2 – Send Your ETH (Ethereum) or BTC (Bitcoin) to an Cryptocurrency Exchange

Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. Chainlink (LINK) is accessible on Binance, so we're going to use that as an sample. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Follow this how-to)

Make sure you've chosen the precise coin you would like to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etcetera. If you are using a decentralized exchange, like Airswap or DDEX could be different (Just follow our how-to).

Step 3 – Locate (LINK) Chainlink

As soon as your deposit has been confirmed, you'll instantly have access to your assets and you can start purchasing and trading. To purchase Chainlink (LINK) on Binance, you'll want to hover over the tab which is called “Exchange” and then click on “Basic”.

To locate (LINK) Chainlink, you'll need to put the short name of the asset (LINK) into the search box, which is highlighted in the image. Be certain of having choosen the correct grouping, we have marked this too. Click on “LINK/BTC” to go on.

Step 4 – Buy (LINK) Chainlink

After you've located Chainlink (LINK), you'll be presented with a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). Next we are making our Limit Order.

The field with the “Price” tag will be filled with the most up-to-date tariff Chainlink (LINK) was sold for. You can change this to your desired rate. The field with the “Amount” tag is the amount of LINK you wish to buy. The “Total” field is the aggregated price in BTC that you will settle for the complete volumen of LINK.

When you are satisfied, make a mouse click on “Buy LINK”. Your order will be filled as soon as a Vender sells their LINK for the price you introduced.

Step 5 – Withdraw (LINK) Chainlink

Unless you're frequently trading, best advise is not to keep your crypto coins on an Crypto Exchange for an longer period of time. In order to withdraw your Chainlink (LINK), go to the “Funds” tab and mouse click on “Withdraw”. (LINK) Chainlink can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find Chainlink (LINK) by using the given drop-down box. Drop in the amount of Chainlink (LINK) you'd wish to withdraw. Take into account the shown fees/minimums. Also make sure you have entered your right withdraw address.

If you are happy, make a mouse click on “Submit”. You may be asked for verfication via phone/email ahead of a withdrawal.

Congratulations! You've successfully purchased and stored Chainlink (LINK) in Solomon Islands.

That's it!

Withdrawals from Cryptocurrency Exchange can durate between 1 – 30 minutes (rely on usage of the network). As soon as you've proved your take off with Ethplorer.io or Etherscan.io and the Chainlink (LINK) is safe within your wallet, you are all done.