A Step-by-Step-Guide on how to buy Chainlink (LINK)
Step 1 – Join Coinbase and get 10$ for free You'll first need to purchase one of the major coins. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Follow the Link below to register and getting your first $10.
Step 2 – Transmit Your Ethereum or Bitcoin to an Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Exchange now. Every exchange has a deposit form that is similar. Chainlink (LINK) is obtainable on Binance, so we're going to use that as an sample. Unsure on how to send Coinbase funds to an Exchange? (Just follow this how-to) Make sure you have selected the correct coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so on. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our guide).
Step 3 – Locate Chainlink (LINK) Once your deposit has been verified, you will instantly have access to your assets and you can begin purchasing and trading. To invest in Chainlink (LINK) on Binance, you will want to hover over the tab which is called “Exchange” and mouse click on “Basic”. To discover Chainlink (LINK), you will need to put the short name of the asset (LINK) into the search-box, which is highlighted in the picture. Make sure you have selected the right grouping, we have highlighted this also. Click on “LINK/BTC” to advance.
Step 4 – Purchase Chainlink (LINK) After you've found Chainlink (LINK), you'll be presented with a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). And now we are going to make our own Limit Order. The ”Price” field will be filled automatically with the most up-to-date price Chainlink (LINK) was sold for. This can be changed to your desired rate. The ”Amount” field is the quantity of LINK you want to buy. The ”Total” field is the aggregated price in Bitcoin that you'll settle for the complete quantity of LINK. When you're happy, make a mouse click on “Buy LINK”. Your plan will be filled as soon as a Seller sells their LINK for the price you offered.
Step 5 – Withdraw (LINK) Chainlink Unless you're regularly trading, best advise is not to keep crypto coins on an Cryptocurrency Exchange for an longer period of time. To take off your (LINK) Chainlink, go to the ”Funds” tab and mouse click on “Withdraw”. (LINK) Chainlink can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find (LINK) Chainlink by using the provided drop-down box. Enter the amount of (LINK) Chainlink you'd like to take off. Take into account the presented minimus/fees. Also make sure you have filled your precise withdraw address. When you're satisfied, make a mouse click on “Submit”. You may be requested for phone/email verification before a take off.