A Step-by-Step-Guide on how to buy Chainlink (LINK) in West Bank
Step 1 – Join Kraken You will first need to purchase units of the major currencies. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Click below to register and receive your first Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Send Your Bitcoin (BTC) or Ethereum (ETH) to an Exchange Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. Chainlink (LINK) is obtainable on Binance, so we're going to use that as an illustration. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this how-to) Make sure you've chosen the correct coin you wish to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etc. If you're working with a decentralized exchange, such as Airswap or DDEX could be different (Just follow our guide).
Step 3 – Find (LINK) Chainlink As soon as your deposit has been verified, you'll immediately have access to your funds and you can commence invest and trading. To purchase (LINK) Chainlink on Binance, you'll want to hover over the “Exchange” tab and after that mouse click on “Basic”. In order to locate (LINK) Chainlink, you'll need to insert the short name of the asset (LINK) into the search box, which is highlighted in the picture. Be certain of having choosen the correct pairing, we've highlighted this too. Click on “LINK/BTC” to advance.
Step 4 – Purchase (LINK) Chainlink As soon as you have spotted (LINK) Chainlink, you'll be presented with a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the image). Next we're creating our own Limit Order. The “Price” field will be filled automatically with the recent tariff Chainlink (LINK) was sold for. You can change this to your preferred rate. The field with the “Amount” tag is the quantity of LINK you wish to purchase. The field with the “Total” tag is the whole price in BTC that you will settle for the whole quantity of LINK. When you're satisfied, click on “Buy LINK”. Your order will be filled as soon as a Vendor sells their LINK for the price you introduced.
Step 5 – Withdraw (LINK) Chainlink Unless you're trading, best advise is not to keep your crypto on an Cryptocurrency Exchange for an longer time period. In order to take off your (LINK) Chainlink, hover over the “Funds” tab and click on “Withdraw”. (LINK) Chainlink can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate (LINK) Chainlink by using the given drop-down box. Enter the quantity of (LINK) Chainlink you'd like to withdraw. Don't forget the shown minimus/fees. Also make sure you have filled your right withdraw address. When you are happy, make a mouse click on “Submit”. You may be requested for verfication via phone/email ahead of a take off.