How to Buy Chainlink (LINK) in Sweden

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

Step 1 – Join Kraken

In the beginning you'll need to buy one of the top-tier currencies. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Click below to register and receive your first Bitcoin (BTC) or Ethereum (ETH).

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

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

Make sure you've chosen the correct coin you wish to deposit.

BTC must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, etcetera. If you're working with a decentralized exchange, such as Airswap or DDEX could be different (Follow these easy steps).

Step 3 – Find (LINK) Chainlink

As soon as your deposit has been confirmed, you will now have access to your funds and you can begin buying and trading. To purchase (LINK) Chainlink on Binance, you'll want to hover over the “Exchange” tab and after that click on “Basic”.

In order to find Chainlink (LINK), you'll need to insert the shortname of the coin (LINK) into the search-box, which is marked in the graphic. Be certain of having selected the correct pairing, we have marked this also. Click on “LINK/BTC” to continue.

Step 4 – Acquisition of (LINK) Chainlink

As soon as you have spotted (LINK) Chainlink, you'll be presented with a Price Chart (in the Center of the image) and some Order Books (on the Left of the picture). And now we are going to make our own Limit Order.

The field with the “Price” tag will be automatically filled with the recent valuation Chainlink (LINK) was sold for. You can change this to your desired price. The “Amount” field is the quantity of LINK you want to purchase. The field with the “Total” tag is the aggregated price in BTC that you will pay for the whole volumen of LINK.

If you're satisfied, click on “Buy LINK”. Your plan will be filled when a Vender sells their LINK for the price you gave.

Step 5 – Withdraw (LINK) Chainlink

Unless you're trading, best advise is not to keep your crypto on an Crypto Exchange for an longer time period. In order to take off your (LINK) Chainlink, go to the tab called “Funds” and 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. Put into the amount of Chainlink (LINK) you'd wish to withdraw. Don't forget the displayed fees/minimums. Also make sure you have entered your correct withdraw address.

If you are happy, make a mouse click on “Submit”. You could be requested for email/phone verification before a take off.

Congrats! You've successfully bought and safed Chainlink (LINK) in Sweden.

That's it!

Withdrawals from Cryptocurrency Exchange can durate between 1 – 30 minutes (rely on usage of the network). As soon as you've confirmed your withdrawal using Ethplorer.io or Etherscan.io and the (LINK) Chainlink is safe inside your wallet, you're done.