How to Buy Chainlink (LINK) in Switzerland

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

Step 1 – Join Kraken

You will first need to buy one of the top-tier coins. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Follow the Link below to register and receive your first BTC (Bitcoin) or ETH (Ethereum).

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

Your Ethereum or Bitcoin will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is identical. Chainlink (LINK) is available on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Just follow these easy steps)

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

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, etcetera. If you're working with a decentralized exchange, like Airswap or DDEX could be different (Just follow our guide).

Step 3 – Find Chainlink (LINK)

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

In order to spot (LINK) Chainlink, you'll need to put the short name of the asset (LINK) into the search box, which is marked in the graphic. Make sure you have choosen the correct pairing, we have marked this too. Click on “LINK/BTC” to go on.

Step 4 – Acquisition of Chainlink (LINK)

After you've found (LINK) Chainlink, you will be presented with a Price Chart (in the Center of the image) and some Order Books (on the Left of the picture). For now we're making our own Limit Order.

The “Price” field will be automatically filled with the most latest tariff Chainlink (LINK) was sold for. You can change this to your preferred price. The field with the “Amount” tag is the quantity of LINK you wish to buy. The “Total” field is the aggregated price in BTC that you will pay for the complete amount of LINK.

If you are glad, make a mouse click on “Buy LINK”. Your plan will be filled as soon as a Seller sells their LINK for the price you gave.

Step 5 – Withdraw (LINK) Chainlink

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

Locate (LINK) Chainlink by using the given drop-down box. Put into the amount of Chainlink (LINK) you'd like to withdraw. Don't forget the demonstrated minimus/fees. Also make sure you have filled your precise withdraw address.

When you're satisfied, click on “Submit”. You may be requested for phone/email verification before a take off.

Kudos! You've successfully purchased and safed (LINK) Chainlink in Switzerland.

That's it!

Take offs from Exchange can take between 1 – 30 minutes (depending on usage of the network). Once you have confirmed your take off with Etherscan.io or Ethplorer.io and the (LINK) Chainlink is stored inside your wallet, you're done.