A Step-by-Step-Guide on how to buy Chainlink (LINK)
Step 1 – Join CEX.io You'll first need to purchase units of the bigger currencies. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click the button below to register and getting Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Exchange Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. Chainlink (LINK) is available on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Crypto Exchange? (Just follow this guide) 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. If you are using a decentralized exchange, such as Airswap or DDEX could be different (Just follow our how-to).
Step 3 – Locate (LINK) Chainlink Once your deposit has been approved, you'll instantly have access to your assets and you can launch purchasing and trading. To purchase (LINK) Chainlink on Binance, you'll want to go to the ”Exchange” tab and after that mouse click on “Basic”. In order to spot (LINK) Chainlink, you'll need to insert the cointype (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) As soon as you have spotted Chainlink (LINK), you will be presented with a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). For now we're creating our own Limit Order. The ”Price” field will be automatically filled with the most up-to-date valuation Chainlink (LINK) was traded for. You can change this to your desired rate. The ”Amount” field is the volumen of LINK you wish to purchase. The ”Total” field is the aggregated price in Bitcoin that you will pay for the complete volumen of LINK. If you're glad, make a mouse click on “Buy LINK”. Your plan will be filled as soon as a Seller trades their LINK for the price you gave.
Step 5 – Withdraw Chainlink (LINK) Unless you are frequently trading, never keep your coins on an Crypto Trader for an extended time period. To withdraw your Chainlink (LINK), hover over the ”Funds” tab and click on “Withdraw”. Chainlink (LINK) can be securely 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'd wish to withdraw. Don't forget the demonstrated minimus/fees. Also make sure you have filled your precise withdraw address. When you are satisfied, make a mouse click on “Submit”. You may be requested for verfication via phone/email before a withdrawal.