A Step-by-Step-Guide on how to buy Chainlink (LINK) in Tuvalu
Step 1 – Signup to Kraken You'll first need to buy one of the major currencies. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Follow the Link below to register and to get your first ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Transfer Your ETH (Ethereum) or BTC (Bitcoin) to an Cryptocurrency Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. Chainlink (LINK) is accessible on Binance, so we will use that as an sample. Unsure on how to send Coinbase funds to an Exchange? (Follow these easy steps) Make sure you have chosen the exact coin you want to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etc. If you are using a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our manual).
Step 3 – Locate Chainlink (LINK) Once your deposit has been confirmed, you'll immediately have access to your finances and you can begin buying and trading. To invest in Chainlink (LINK) on Binance, you will want to hover over the tab which is called “Exchange” and then click on “Basic”. To locate (LINK) Chainlink, you will need to insert the cointype (LINK) into the search box, which is highlighted in the picture. Be certain of having selected the right grouping, we have marked this too. Click on “LINK/BTC” to continue.
Step 4 – Buy (LINK) Chainlink As soon as you have found Chainlink (LINK), you'll be given a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). For now we're going to create our own Limit Order. The “Price” field will be automatically filled with the latest price Chainlink (LINK) was sold for. You can change this to your desired price. The “Amount” field is the amount of LINK you want to purchase. The field with the “Total” tag is the total price in Bitcoin that you will pay for the complete volumen of LINK. When you're happy, make a mouse click on “Buy LINK”. Your plan will be filled when a Vendor trades their LINK for the price you introduced.
Step 5 – Withdraw Chainlink (LINK) Unless you're trading, never keep your crypto on an Exchange for an longer time period. To withdraw your Chainlink (LINK), go to the tab called “Funds” and mouse click on “Withdraw”. Chainlink (LINK) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Chainlink (LINK) by using the provided drop-down box. Enter the amount of Chainlink (LINK) you'd like to withdraw. Don't forget the demonstrated fees/minimums. Also make sure you have entered your correct withdraw address. When you're happy, make a mouse click on “Submit”. You may be requested for verfication via email/phone before a withdrawal.