How to Buy Chainlink (LINK) in Armenia

A Step-by-Step-Guide on how to buy Chainlink (LINK) in Armenia

Step 1 – Signup to Coinmama

In the beginning you'll need to purchase units of the top-tier coins. Exchanges normally accept either Ethereum or Bitcoin in exchange for Altcoins. Click below to register and getting your Ethereum or Bitcoin.

Binance Signup
Step 2 – Send Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Exchange

Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. Chainlink (LINK) is obtainable on Binance, so we're going to use that as an sample. Not sure on how to send Coinbase funds to an Crypto Exchange? (Follow this guide)

Make sure you've chosen the precise coin you would like to deposit.

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, et cetera. If you're using a decentralized exchange, like Airswap or DDEX could be divergent (Follow our guide).

Step 3 – Find {Chainlink (LINK)|(LINK) Chainlink}

Once your deposit has been verified, you'll instantly have access to your funds and you can launch buying and trading. To invest in {Chainlink (LINK)|(LINK) Chainlink} on Binance, you'll want to go to the tab which is called “Exchange” and after that mouse click on “Basic”.

To discover {Chainlink (LINK)|(LINK) Chainlink}, you'll need to insert the cointype (LINK) into the search-box, which is marked in the image. Be certain of having selected the proper pairing, we've marked this also. Click on “LINK/BTC” to go on.

{How to buy Coin on Binance 1|Binance How To Buy 1} Chainlink (LINK)
Step 4 – Acquisition of {Chainlink (LINK)|(LINK) Chainlink}

As soon as you've found {Chainlink (LINK)|(LINK) Chainlink}, you'll be given a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). And now we are going to make our Limit Order.

The field with the “Price” tag will be filled automatically with the latest price {Chainlink (LINK)|(LINK) Chainlink} was traded for. This can be changed to your preferred rate. The field with the “Amount” tag is the volumen of LINK you want to purchase. The ”Total” field is the total price in Bitcoin that you'll pay for the complete volumen of LINK.

If you're glad, click on “Buy LINK”. Your plan will be filled as soon as a Seller sells their LINK for the price you gave.

Step 5 – Withdraw {Chainlink (LINK)|(LINK) Chainlink}

Unless you're frequently trading, never keep your coins on an Exchange for an longer time period. To take off your {Chainlink (LINK)|(LINK) Chainlink}, hover over the ”Funds” tab and mouse click on “Withdraw”. {Chainlink (LINK)|(LINK) Chainlink} can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate {Chainlink (LINK)|(LINK) Chainlink} by using the given drop-down box. Enter the quantity of {Chainlink (LINK)|(LINK) Chainlink} you'd like to take off. Don't forget the displayed minimus/fees. Also make sure you have filled your correct withdraw address.

If you're happy, click on “Submit”. You may be requested for email/phone verification before a withdrawal.

Congrats! You have successfully purchased and safed Chainlink (LINK) in Armenia.

That's it!

Take offs from Crypto Exchange can durate anywhere from 1 – 30 minutes (depending on usage of the network). As soon as you've proved your withdrawal using Ethplorer.io or Etherscan.io and the {Chainlink (LINK)|(LINK) Chainlink} is stored in your wallet, you're all done.

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