A Step-by-Step-Guide on how to buy Chainlink (LINK) in Canada
Step 1 – Signup to Coinbase and get 10$ for free In the beginning you'll need to purchase units of the top-tier currencies. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Click the button below for registration and getting your first $10.
Step 2 – Transmit Your Ethereum or Bitcoin to an Cryptocurrency Exchange Your Ethereum or Bitcoin has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is identical. Chainlink (LINK) is obtainable on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Exchange? (Just follow these easy steps) Make sure you've selected the correct coin you would like to deposit. BTC must be sent to a BTC deposit address, Ethereum to an ETH deposit address, and so on. In the case you're using a decentralized exchange, like Airswap or DDEX could be opposed (Follow these easy steps).
Step 3 – Find Chainlink (LINK) Once your deposit has been verified, you'll immediately have access to your funds and you can initiate invest and trading. To purchase (LINK) Chainlink on Binance, you'll want to go to the “Exchange” tab and click on “Basic”. In order to discover Chainlink (LINK), you will need to insert the short name of the asset (LINK) into the search box, which is marked in the image. Be certain of having selected the proper grouping, we have highlighted this too. Click on “LINK/BTC” to go ahead.
Step 4 – Purchase (LINK) Chainlink Once you've located (LINK) Chainlink, you will be presented with a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the image). Next we're making our Limit Order. The “Price” field will be filled automatically with the recent valuation (LINK) Chainlink was sold for. This can be changed to your preferred price. The field with the “Amount” tag is the amount of LINK you want to buy. The field with the “Total” tag is the whole price in Bitcoin that you'll pay for the complete quantity of LINK. When you are satisfied, click on “Buy LINK”. Your plan will be filled when a Seller trades their LINK for the price you submitted.
Step 5 – Withdraw (LINK) Chainlink Unless you are trading, you should never keepyour crypto on an Crypto Trader for an extended time period. In order to take off your Chainlink (LINK), go to the “Funds” tab and mouse click on “Withdraw”. (LINK) Chainlink can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Chainlink (LINK) by using the provided drop-down box. Put into the quantity of Chainlink (LINK) you'd like to withdraw. Don't forget the demonstrated fees/minimums. Also make sure you have filled your precise withdraw address. When you are satisfied, click on “Submit”. You may be asked for phone/email verification before a take off.