How to Buy Chainlink (LINK) in Canada

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 theExchangetab and click onBasic”.

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 onLINK/BTCto 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.

ThePricefield will be filled automatically with the recent valuation (LINK) Chainlink was sold for. This can be changed to your preferred price. The field with theAmounttag is the amount of LINK you want to buy. The field with theTotaltag is the whole price in Bitcoin that you'll pay for the complete quantity of LINK.

When you are satisfied, click onBuy 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 theFundstab and mouse click onWithdraw”. (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 onSubmit”. You may be asked for phone/email verification before a take off.

Congratulations! You have successfully purchased and stored Chainlink (LINK) in Canada.

That's it!

Withdrawals from Cryptocurrency Exchange can take anywhere from 1 – 30 minutes (depending on network usage). Once you have proved your withdrawal using Ethplorer.io or Etherscan.io and the Chainlink (LINK) is safe in your wallet, you're done.