How to Buy Chainlink (LINK) in Tanzania

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

Step 1 – Signup to Kraken

You'll first need to purchase units of the major currencies. Exchanges usually accept either Ethereum or Bitcoin in exchange for alternative Coins. Click below to register and getting your welcome Bitcoin (BTC) or Ethereum (ETH).

Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Trader

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

Make sure you have chosen the right coin you want to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, et cetera. In the case you're using a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our manual).

Step 3 – Locate (LINK) Chainlink

As soon as your deposit has been verified, you will immediately have access to your assets and you can launch purchasing and trading. To purchase (LINK) Chainlink on Binance, you will want to go to the tab which is called “Exchange” and then click on “Basic”.

In order to find (LINK) Chainlink, you will need to insert the short name of the asset (LINK) into the search box, which is marked in the image. Be certain of having selected the proper grouping, we've highlighted this also. Click on “LINK/BTC” to advance.

Step 4 – Buying (LINK) Chainlink

After you've found Chainlink (LINK), you will be given a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the image). And now we're creating our Limit Order.

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

When you are glad, click on “Buy LINK”. Your plan will be filled as soon as a Seller trades their LINK for the price you offered.

Step 5 – Withdraw (LINK) Chainlink

Unless you are trading, you should never keepyour crypto coins on an Exchange for an extensive time frame. In order to take off your Chainlink (LINK), go to the tab called “Funds” and click on “Withdraw”. (LINK) Chainlink can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find (LINK) Chainlink by using the provided drop-down box. Put into the quantity of Chainlink (LINK) you'd wish to withdraw. Take into account the demonstrated minimus/fees. Also make sure you have entered your right withdraw address.

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

Congrats! You've successfully bought and stored Chainlink (LINK) in Tanzania.

That's it!

Withdrawals from Crypto Trader can take between 1 – 30 minutes (depending on network usage). Once you have confirmed your withdrawal using Ethplorer.io or Etherscan.io and the (LINK) Chainlink is safe in your wallet, you are all done.