How to Buy Chainlink (LINK) in Venezuela

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

Step 1 – Signup to Kraken

You'll first need to purchase one of the top-tier currencies. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Click below for registration and receive your first ETH (Ethereum) or BTC (Bitcoin).

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

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

Make sure you've selected the precise coin you wish to deposit.

BTC must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, et cetera. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our manual).

Step 3 – Locate Chainlink (LINK)

As soon as your deposit has been approved, you'll immediately have access to your finances and you can start purchasing and trading. To invest in Chainlink (LINK) on Binance, you'll want to go to the “Exchange” tab and then mouse click on “Basic”.

To locate Chainlink (LINK), you will need to insert the short name of the asset (LINK) into the search box, which is highlighted in the picture. Make sure you have selected the proper grouping, we have marked this also. Click on “LINK/BTC” to advance.

Step 4 – Purchasing (LINK) Chainlink

As soon as you've discovered (LINK) Chainlink, you will be given a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). Next we are creating our Limit Order.

The field with the “Price” tag will be filled with the up-to-date price (LINK) Chainlink was traded for. You can change this to your preferred price. The field with the “Amount” tag is the amount of LINK you wish to purchase. The “Total” field is the total price in Bitcoin that you'll pay for the complete quantity of LINK.

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

Step 5 – Withdraw (LINK) Chainlink

Unless you are trading, best advise is not to keep your crypto on an Cryptocurrency Exchange for an longer period of time. In order to withdraw your (LINK) Chainlink, hover over the “Funds” tab and mouse click on “Withdraw”. Chainlink (LINK) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find Chainlink (LINK) by using the provided drop-down box. Enter the amount of (LINK) Chainlink you would like to withdraw. Take into account the shown minimus/fees. Also make sure you have filled your right withdraw address.

If you're satisfied, click “Submit”. You may be requested for email/phone verification ahead of a take off.

Congrats! You have successfully purchased and safed Chainlink (LINK) in Venezuela.

That's it!

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