How to Buy Chainlink (LINK) in Honduras

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

Step 1 – Signup to Coinbase and get 10$ for free

You'll first need to purchase units of the bigger currencies. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Click the button below for registration and to get your first 10 Dollar.

Coinbase Promo Signup
Step 2 – Send Your Ethereum or Bitcoin to an Exchange

Your Ethereum or Bitcoin will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. Chainlink (LINK) is obtainable on Binance, so we will use that as an illustration. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this guide)

Make sure you have selected the right coin you want to deposit.

Bitcoin must be sent to a BTC deposit address, ETH to an Ethereum deposit address, and so forth. If you're dealing with a decentralized exchange, like Airswap or DDEX could be different (Just follow our how-to).

Binance Signup

Step 3 – Locate Chainlink (LINK)

Once your deposit has been confirmed, you will now have access to your finances and you can start buying and trading. To invest in Chainlink (LINK) on Binance, you will want to hover over the “Exchange” tab and after that mouse click on “Basic”.

In order to find (LINK) Chainlink, you will need to put the cointype (LINK) into the search box, which is highlighted in the picture. Make sure you have selected the correct pairing, we have marked this too. Click on “LINK/BTC” to go on.

Step 4 – Buying Chainlink (LINK)

Once you've located (LINK) Chainlink, you'll be presented with a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the image). For now we are going to make our own Limit Order.

The “Price” field will be automatically filled with the most up-to-date valuation Chainlink (LINK) was traded for. This can be changed to your preferred price. The field with the “Amount” tag is the quantity of LINK you wish to purchase. The “Total” field is the whole price in Bitcoin that you'll settle for the whole volumen of LINK.

When you are happy, make a mouse click on “Buy LINK”. Your order will be filled when a Seller trades their LINK for the price you offered.

Step 5 – Withdraw (LINK) Chainlink

Unless you're regularly trading, never keep your crypto on an Crypto Trader for an extensive time frame. To withdraw your (LINK) Chainlink, hover over the “Funds” tab and click on “Withdraw”. Chainlink (LINK) 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 amount of Chainlink (LINK) you'd like to withdraw. Don't forget the displayed fees/minimums. Also make sure you have filled your right withdraw address.

If you are satisfied, click on “Submit”. You could be asked for verfication via email/phone ahead of a take off.

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

That's it!

Withdrawals from Exchange can take anywhere from 1 – 30 minutes (rely on usage of the network). As soon as you've confirmed your withdrawal with Etherscan.io or Ethplorer.io and the (LINK) Chainlink is safe in your wallet, you're done.