A Step-by-Step-Guide on how to buy Chainlink (LINK) in Virgin Islands
Step 1 – Join Coinbase and recieve 10$ for free You will first need to purchase units of the top-tier currencies. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click below for registration and receive your welcome 10 Dollar.
Step 2 – Transmit Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Trader Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. Chainlink (LINK) is available on Binance, so we're going to use that as an illustration. Unsure on how to send Coinbase funds to an Exchange? (Just follow this guide) Make sure you have selected the correct coin you want to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etc. If you're working with a decentralized exchange, like Airswap or DDEX could be divergent (Follow our guide).
Step 3 – Locate Chainlink (LINK) As soon as your deposit has been approved, you'll immediately have access to your assets and you can launch invest and trading. To invest in Chainlink (LINK) on Binance, you'll want to hover over the “Exchange” tab and after that mouse click on “Basic”. To find Chainlink (LINK), you will need to put the short name of the asset (LINK) into the search box, which is marked in the image. Be certain of having choosen the correct pairing, we have marked this too. Click on “LINK/BTC” to progress.
Step 4 – Purchasing Chainlink (LINK) As soon as you have spotted (LINK) Chainlink, you will be given a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). For now we are going to create our own Limit Order. The field with the “Price” tag will be filled with the most latest valuation Chainlink (LINK) was traded for. You can change this to your favoured rate. The “Amount” field is the amount of LINK you wish to purchase. The field with the “Total” tag is the total price in Bitcoin that you'll pay for the whole volumen of LINK. When you are glad, make a mouse click on “Buy LINK”. Your order will be filled as soon as a Vender trades their LINK for the price you offered.
Step 5 – Withdraw Chainlink (LINK) Unless you are regularly trading, never keep your coins on an Cryptocurrency Exchange for an extended time frame. In order to withdraw your (LINK) Chainlink, go to the “Funds” tab and click on “Withdraw”. Chainlink (LINK) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Chainlink (LINK) by using the provided drop-down box. Put into the quantity of Chainlink (LINK) you'd wish to withdraw. Take into account the demonstrated fees/minimums. Also make sure you have entered your precise withdraw address. When you are glad, make a mouse click on “Submit”. You may be requested for verfication via email/phone ahead of a take off.