How to Buy Chainlink (LINK) in South Africa

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

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

You will first need to buy one of the top-tier coins. Exchanges usually accept either Bitcoin or Ethereum in exchange for alternative Coins. Click below to register and receive your welcome 10$.

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

Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is identical. Chainlink (LINK) está acessível no Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Crypto Trader? (Just follow these easy steps)

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

Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, etc. If you're dealing with a decentralized exchange, como Airswap ou DDEX podem ser diferentes (Follow our guide).

Degrau 3 – Encontrar (LINK) Chainlink

As soon as your deposit has been affirmed, you'll directly have access to your finances and you can launch invest and trading. To buy Chainlink (LINK) em Binance, you'll want to hover over the “Troca” tab and click on “Básico”.

In order to spot (LINK) Chainlink, you will need to put the cointype (LINK) na caixa de pesquisa, which is marked in the graphic. Make sure you have choosen the right pairing, we've highlighted this also. Clique em “LINK/BTCto go ahead.

Degrau 4 – Purchasing Chainlink (LINK)

Once you have found (LINK) Chainlink, you'll be given a Price Chart (in the Center of the image) and a few Order Books (on the Left of the picture). For now we're creating our own Limit Order.

O campo com o “Preço” tag will be filled with the most latest valuation Chainlink (LINK) was traded for. This can be changed to your favoured rate. O campo com o “Montante” tag is the quantity of LINK you like to purchase. o “Total” field is the aggregated price in BTC that you will pay for the whole amount of LINK.

When you are satisfied, faça um clique do mouse em “Buy LINK”. Your order will be filled when a Vender sells their LINK for the price you offered.

Degrau 5 – Withdraw Chainlink (LINK)

Unless you're regularly trading, never keep your crypto on an Crypto Trader for an extended time period. In order to withdraw your Chainlink (LINK), hover over the tab called “Fundos” and click on “Retirar”. (LINK) Chainlink can be securely stored using a Wallet, for instance MyEtherWallet. (Guia de configuração do MyEtherWallet)

Locate Chainlink (LINK) usando a caixa suspensa fornecida. Put into the quantity of Chainlink (LINK) you would wish to withdraw. Don't forget the demonstrated minimus/fees. Also make sure you have filled your right withdraw address.

When you're glad, click on “Enviar”. You could be requested for phone/email verification before a withdrawal.

Congrats! You have successfully bought and stored (LINK) Chainlink in South Africa.

É isso aí!

Withdrawals from Exchange can durate anywhere from 1 – 30 minutos (rely on network usage). Once you have confirmed your withdrawal with Ethplorer.io or Etherscan.io and the Chainlink (LINK) is stored inside your wallet, you are all done.