How to Buy Chainlink (LINK) in Uruguay

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

Step 1 – Join Kraken

In the beginning you'll need to buy units of the major coins. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Follow the Link below to register and getting your first Bitcoin or Ethereum.

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

Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. Chainlink (LINK) is accessible on Binance, so we're going to use that as an sample. Unsure on how to send Coinbase funds to an Crypto Trader? (Follow this manual)

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

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so forth. In the case you are using a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our how-to).

Step 3 – Locate Chainlink (LINK)

Once your deposit has been approved, you will directly have access to your funds and you can commence purchasing and trading. To invest in Chainlink (LINK) on Binance, you'll want to hover over the tab which is called “Exchange” and after that click on “Basic”.

To discover Chainlink (LINK), you will need to put the shortname of the coin (LINK) into the search-box, which is highlighted in the picture. Be certain of having selected the right grouping, we've marked this also. Click on “LINK/BTC” to go ahead.

Step 4 – Buy Chainlink (LINK)

As soon as you have located Chainlink (LINK), you'll be presented with a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the image). And now we're making our own Limit Order.

The field with the “Price” tag will be filled automatically with the latest rate (LINK) Chainlink was sold for. This can be changed to your preferred rate. The “Amount” field is the volumen of LINK you like to purchase. The “Total” field is the aggregated price in BTC that you will settle for the whole volumen of LINK.

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

Step 5 – Withdraw Chainlink (LINK)

Unless you are trading, best advise is not to keep your coins on an Cryptocurrency Exchange for an longer time frame. In order to take off your (LINK) Chainlink, go to the “Funds” tab and mouse click on “Withdraw”. (LINK) Chainlink can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

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

When you are satisfied, click on “Submit”. You could be asked for email/phone verification before a take off.

Kudos! You've successfully bought and safed Chainlink (LINK) in Uruguay.

That's it!

Take offs from Exchange can durate anywhere from 1 – 30 minutes (depending on network usage). Once you've confirmed your take off with Ethplorer.io or Etherscan.io and the Chainlink (LINK) is safe in your wallet, you are finished.