How to Buy Chainlink (LINK) in Virgin Islands

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

Step 1 – Signup to Kraken

In the beginning you'll need to purchase units of the top-tier coins. Exchanges usually accept either Bitcoin or Ethereum in exchange for Altcoins. Follow the Link below for registration and receive your welcome Ethereum or Bitcoin.

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

Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. Chainlink (LINK) is accessible on Binance, so we're going to use that as an sample. Not sure on how to send Coinbase funds to an Crypto Exchange? (Just follow these easy steps)

Make sure you have chosen the precise coin you would like to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, et cetera. If you are using a decentralized exchange, like Airswap or DDEX could be unlike (Follow our guide).

Step 3 – Find Chainlink (LINK)

Once your deposit has been affirmed, you'll instantly have access to your finances and you can start purchasing and trading. To invest in (LINK) Chainlink on Binance, you will want to go to the tab which is called “Exchange” and then click on “Basic”.

To find Chainlink (LINK), you will need to put the shortname of the coin (LINK) into the search-box, which is highlighted in the graphic. Make sure you have selected the right grouping, we have highlighted this too. Click on “LINK/BTC” to proceed.

Step 4 – Buying Chainlink (LINK)

As soon as you have found (LINK) Chainlink, you'll be presented with a Price Chart (in the Center of the image) and a few Order Books (on the Left of the picture). For now we are going to create our Limit Order.

The “Price” field will be automatically filled with the up-to-date price (LINK) Chainlink was traded for. You can change this to your desired rate. The “Amount” field is the quantity of LINK you wish to purchase. The “Total” field is the total price in Bitcoin that you will settle for the whole volumen of LINK.

When you are glad, click on “Buy LINK”. Your plan will be filled as soon as a Vender trades their LINK for the price you gave.

Step 5 – Withdraw (LINK) Chainlink

Unless you're frequently trading, never keep your crypto coins on an Crypto Trader for an longer time frame. In order to withdraw your Chainlink (LINK), go to the “Funds” tab and mouse click on “Withdraw”. (LINK) Chainlink can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

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

When you're happy, click “Submit”. You may be asked for verfication via phone/email ahead of a take off.

Kudos! You have successfully purchased and stored Chainlink (LINK) in Virgin Islands.

That's it!

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