A Step-by-Step-Guide on how to buy Chainlink (LINK)
Step 1 – Join Coinbase and recieve 10$ for free You will first need to purchase units of the bigger currencies. Exchanges usually accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Click below to register and receive your welcome 10 Dollar.
Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. Chainlink (LINK) is available on Binance, so we're going to use that as an illustration. Unsure on how to send Coinbase funds to an Crypto Exchange? (Just follow this manual) Make sure you've chosen the exact coin you wish to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etc. If you're working with a decentralized exchange, such as Airswap or DDEX could be different (Just follow our guide).
Step 3 – Locate Chainlink (LINK) Once your deposit has been confirmed, you will now have access to your funds and you can commence purchasing and trading. To purchase (LINK) Chainlink on Binance, you will want to go to the tab which is called “Exchange” and then 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 image. Make sure you have selected the correct pairing, we have marked this also. Click on “LINK/BTC” to go on.
Step 4 – Purchase Chainlink (LINK) After you have discovered Chainlink (LINK), you'll be presented with a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the image). For now we're making our Limit Order. The “Price” field will be automatically filled with the most up-to-date tariff Chainlink (LINK) was sold for. You can change this to your favoured rate. The field with the “Amount” tag is the amount of LINK you like to purchase. The field with the “Total” tag is the whole price in Bitcoin that you will pay for the whole volumen of LINK. If you are satisfied, click on “Buy LINK”. Your plan will be filled as soon as a Seller trades their LINK for the price you introduced.
Step 5 – Withdraw Chainlink (LINK) Unless you are trading, never keep your crypto coins on an Crypto Trader for an extended time period. To withdraw your Chainlink (LINK), go to the “Funds” tab and mouse click on “Withdraw”. Chainlink (LINK) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Chainlink (LINK) by using the given drop-down box. Put into the volumen of Chainlink (LINK) you would like to withdraw. Take into account the presented fees/minimums. Also make sure you have entered your correct withdraw address. If you are glad, make a mouse click on “Submit”. You may be asked for phone/email verification ahead of a withdrawal.