A Step-by-Step-Guide on how to buy LINK (LN)
Step 1 – Join Coinbase – Get Free $10 You will first need to purchase units of the major coins. Exchanges usually accept either Ethereum or Bitcoin in exchange for alternative Coins. Click below to register and to get your welcome 10$.
Step 2 – Transmit Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Exchange Your Ethereum or Bitcoin will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. LINK (LN) is accessible on Binance, so we're going to use that as an sample. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Follow this how-to) Make sure you have selected the correct coin you want to deposit. BTC must be sent to a BTC 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 unlike (Follow our how-to).
Step 3 – Locate LINK (LN) Once your deposit has been confirmed, you will directly have access to your assets and you can initiate buying and trading. To buy LINK (LN) on Binance, you will want to go to the tab which is called “Exchange” and then click on “Basic”. To locate LINK (LN), you will need to put the short name of the asset (LN) into the search-box, which is marked in the image. Make sure you have selected the correct pairing, we've marked this also. Click on “LN/BTC” to continue.
Step 4 – Purchasing (LN) LINK Once you've found (LN) LINK, you'll be given a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). And now we're going to make our Limit Order. The ”Price” field will be filled automatically with the most up-to-date rate (LN) LINK was sold for. You can change this to your desired price. The ”Amount” field is the amount of LN you want to purchase. The ”Total” field is the aggregated price in Bitcoin that you will pay for the whole amount of LN. When you're happy, make a mouse click on “Buy LN”. Your plan will be filled when a Vendor trades their LN for the price you submitted.
Step 5 – Withdraw LINK (LN) Unless you are regularly trading, never keep your crypto coins on an Cryptocurrency Exchange for an extensive time frame. In order to withdraw your LINK (LN), hover over the ”Funds” tab and mouse click on “Withdraw”. LINK (LN) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate LINK (LN) by using the given drop-down box. Enter the volumen of LINK (LN) you'd like to withdraw. Take into account the shown fees/minimums. Also make sure you have filled your correct withdraw address. When you are glad, make a mouse click on “Submit”. You could be asked for phone/email verification before a take off.