How to Buy Chainlink (LINK) in Timor-Leste

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

Step 1 – Join Kraken

You will first need to purchase units of the bigger coins. Exchanges normally accept either Ethereum or Bitcoin in exchange for alternative Coins. Click below to register and receive your welcome ETH (Ethereum) or BTC (Bitcoin).

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

Your Ethereum (ETH) or Bitcoin (BTC) has 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're going to use that as an example. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this guide)

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

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

Step 3 – Locate Chainlink (LINK)

As soon as your deposit has been confirmed, you'll instantly have access to your finances and you can launch purchasing and trading. To buy (LINK) Chainlink on Binance, you will want to go to the “Exchange” tab and then mouse click on “Basic”.

In order to locate Chainlink (LINK), you will need to put the short name of the asset (LINK) into the search box, which is marked in the graphic. Be certain of having choosen the correct pairing, we've highlighted this too. Click on “LINK/BTC” to go on.

Step 4 – Purchase (LINK) Chainlink

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

The field with the “Price” tag will be filled automatically with the most latest price Chainlink (LINK) was traded for. You can change this to your favoured price. The field with the “Amount” tag is the quantity of LINK you want to purchase. The field with the “Total” tag is the aggregated price in Bitcoin that you will settle for the complete volumen of LINK.

When you're glad, click on “Buy LINK”. Your order will be filled when a Vender trades their LINK for the price you introduced.

Step 5 – Withdraw (LINK) Chainlink

Unless you are regularly trading, you should never keepyour crypto coins on an Crypto Trader for an extensive period of time. In order to withdraw your Chainlink (LINK), go to the tab called “Funds” and click on “Withdraw”. Chainlink (LINK) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find (LINK) Chainlink by using the provided drop-down box. Enter the amount of Chainlink (LINK) you would wish to withdraw. Don't forget the demonstrated minimus/fees. Also make sure you have filled your right withdraw address.

If you're satisfied, make a mouse click on “Submit”. You may be asked for verfication via phone/email before a withdrawal.

Congrats! You've successfully purchased and stored (LINK) Chainlink in Timor-Leste.

That's it!

Take offs from Exchange can take between 1 – 30 minutes (rely on network usage). As soon as you have confirmed your take off with Etherscan.io or Ethplorer.io and the Chainlink (LINK) is safe in your wallet, you are done.