A Step-by-Step-Guide on how to buy Chainlink (LINK)
Step 1 – Join CEX.io You'll first need to purchase one of the major coins. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Click below to register and getting your Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Transfer Your Bitcoin or Ethereum to an Cryptocurrency Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is similar. Chainlink (LINK) is available on Binance, so we're going to use that as an sample. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow these easy steps) Make sure you have selected the correct coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so forth. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our manual).
Step 3 – Find Chainlink (LINK) Once your deposit has been approved, you'll immediately have access to your funds and you can commence invest and trading. To invest in Chainlink (LINK) on Binance, you'll want to hover over the tab which is called “Exchange” and after that click on “Basic”. To spot Chainlink (LINK), you'll need to insert the short name of the asset (LINK) into the search box, which is marked in the graphic. Be certain of having selected the right grouping, we've marked this too. Click on “LINK/BTC” to go ahead.
Step 4 – Buy Chainlink (LINK) Once you have spotted Chainlink (LINK), you'll be given a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). For now we are creating our own Limit Order. The field with the “Price” tag will be filled automatically with the up-to-date tariff Chainlink (LINK) was sold for. You can change this to your desired price. The ”Amount” field 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 amount of LINK. If you are happy, make a mouse click on “Buy LINK”. Your plan will be filled when a Vendor trades their LINK for the price you offered.
Step 5 – Withdraw Chainlink (LINK) Unless you're frequently trading, never keep your crypto coins on an Cryptocurrency Exchange for an extensive time period. To take off your Chainlink (LINK), go to the ”Funds” tab and mouse click on “Withdraw”. Chainlink (LINK) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Chainlink (LINK) by using the given drop-down box. Drop in the amount of Chainlink (LINK) you would wish to take off. Don't forget the displayed fees/minimums. Also make sure you have filled your precise withdraw address. When you're satisfied, click “Submit”. You may be requested for verfication via phone/email ahead of a withdrawal.