How to Buy Chainlink (LINK) in Uruguay

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

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

You will first need to purchase one of the major coins. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Follow the Link below to register and to get your first 10 Dollar.

Step 2 – Transmit Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Trader

Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is alike. Chainlink (LINK) is available on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Crypto Trader? (Just follow this how-to)

Make sure you've selected the exact coin you would like to deposit.

BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, et cetera. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be different (Follow our how-to).

Step 3 – Locate Chainlink (LINK)

Once your deposit has been verified, you will now have access to your finances and you can commence purchasing and trading. To buy (LINK) Chainlink on Binance, you'll want to hover over the tab which is calledExchangeand mouse click onBasic”.

To find (LINK) Chainlink, you will need to put the short name of the asset (LINK) into the search-box, which is marked in the graphic. Make sure you have selected the proper grouping, we have marked this too. Click onLINK/BTCto continue.

Step 4 – Buy (LINK) Chainlink

As soon as you've found Chainlink (LINK), you will be presented with a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the picture). And now we are creating our own Limit Order.

ThePricefield will be filled automatically with the latest tariff (LINK) Chainlink was sold for. You can change this to your desired price. TheAmountfield is the quantity of LINK you like to purchase. The field with theTotaltag is the total price in BTC that you will pay for the complete amount of LINK.

When you are satisfied, click onBuy 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, you should never keepyour coins on an Cryptocurrency Exchange for an extended time period. In order to take off your (LINK) Chainlink, go to theFundstab and click onWithdraw”. Chainlink (LINK) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find (LINK) Chainlink by using the given drop-down box. Drop in the amount of (LINK) Chainlink you'd wish to take off. Don't forget the shown fees/minimums. Also make sure you have filled your right withdraw address.

If you are satisfied, make a mouse click onSubmit”. You could be requested for phone/email verification before a withdrawal.

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

That's it!

Withdrawals from Cryptocurrency Exchange can durate between 1 – 30 minutes (depending on network usage). As soon as you have confirmed your take off with Etherscan.io or Ethplorer.io and the Chainlink (LINK) is safe inside your wallet, you are finished.