How to Buy Chainlink (LINK) in Sri Lanka

A Step-by-Step-Guide on how to buy Chainlink (LINK) in Sri Lanka

Step 1 – Signup to Kraken

You'll first need to buy one of the bigger currencies. Exchanges commonly accept either Bitcoin or Ethereum in exchange for alternative Coins. Click the button below to register and to get your first Bitcoin or Ethereum.

Step 2 – Transmit Your Bitcoin or Ethereum to an Exchange

Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. Chainlink (LINK) is obtainable on Binance, so we're going to use that as an sample. Unsure on how to send Coinbase funds to an Crypto Exchange? (Follow this manual)

Make sure you have chosen the correct coin you would like to deposit.

BTC must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, and so on. In the case you are working with a decentralized exchange, like Airswap or DDEX could be opposed (Follow our guide).

Step 3 – Find (LINK) Chainlink

As soon as your deposit has been affirmed, you'll now have access to your finances and you can launch buying and trading. To purchase Chainlink (LINK) on Binance, you'll want to hover over the “Exchange” tab and mouse click on “Basic”.

In order to find Chainlink (LINK), you'll need to put the cointype (LINK) into the search-box, which is highlighted in the graphic. Make sure you have selected the correct grouping, we have marked this too. Click on “LINK/BTC” to go ahead.

Step 4 – Buy Chainlink (LINK)

As soon as you have located Chainlink (LINK), you will be presented with a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the image). And now we are creating our own Limit Order.

The field with the “Price” tag will be filled with the most recent price Chainlink (LINK) was sold for. This can be changed to your desired rate. The “Amount” field is the quantity of LINK you wish to purchase. The “Total” field is the total price in BTC that you'll settle for the complete volumen of LINK.

If you are glad, click on “Buy LINK”. Your plan will be filled when a Vender sells their LINK for the price you offered.

Step 5 – Withdraw (LINK) Chainlink

Unless you're regularly trading, never keep your crypto on an Exchange for an extensive time period. In order to withdraw your (LINK) Chainlink, go to the “Funds” tab and click on “Withdraw”. (LINK) Chainlink can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (LINK) Chainlink by using the provided drop-down box. Drop in the amount of (LINK) Chainlink you'd wish to take off. Don't forget the shown minimus/fees. Also make sure you have filled your precise withdraw address.

When you are happy, click “Submit”. You could be requested for verfication via phone/email before a take off.

Congratulations! You have successfully bought and safed (LINK) Chainlink in Sri Lanka.

That's it!

Take offs from Cryptocurrency Exchange can take anywhere from 1 – 30 minutes (rely on usage of the network). Once you've proved your withdrawal with Ethplorer.io or Etherscan.io and the (LINK) Chainlink is stored inside your wallet, you are done.