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Buying a Chainlink with Visa or Mastercard: Instructions
As any other blockchain, it operates around specific tokens. In this case, a Chainlink token is called the LINK. To get the most out of Chainlink, you need to buy LINK tokens. Most people prefer buying these tokens with cryptocurrency. In fact, you can purchase LINK only with cryptocurrency. But on some exchange platforms, you might use the easier path.
For example, BTCBIT.NET offers an easy way to purchase the tokens with a credit card. BTCBIT.NET is a cryptocurrency exchange platform offering a safe and a quick option to exchange cryptocurrency, or to exchange fiat money to cryptocurrency and vice versa. So if you want to purchase LINK tokens, the only thing you will need is your Visa or Mastercard, and an electronic wallet where your tokens will be sent.
How to buy Chainlink with Visa or MasterCard?
So here is how you can do it:
2. In order to make sure everyone is safe on BTCBIT.NET, there is a verification process. This process is required to ensure that all users are real and can be trusted. So go through the verification process, otherwise you won’t be able to buy or sell cryptocurrency on the exchange platform.
3. Make sure you have an electronic wallet. You should check whether your electronic wallet is compatible with LINK. As you know, not all wallets accept all types of cryptocurrency. So if you don’t have a valid wallet, find a platform compatible with LINK and create a wallet.
4. Make sure your credit card and electronic wallet are attached to the account. Or do this step when buying the LINK tokens.
5. The next step is to make the purchase. You should choose the number of LINK tokens you want to purchase. You will see how much it will cost in USD or EUR, depending on your country and chosen currency. Then proceed with the purchasing by choosing the payment method. Your payment method is Mastercard or Visa. Add the address of your electronic wallet on which you want to receive your LINK tokens.
6. Confirm the transaction.
You should note that there are fees for each transaction you make on BTCBIT.NET. There is also a bank fee since you are purchasing tokens with your credit or debit card. Usually, the bank commission is around 3.9%, and BTCBIT.NET is 0.5% as well. The tokens will be sent to your wallet almost instantly.
On our website, you will find a list of countries where you can’t use this method. As you know, not all countries have adequate legislation regulating cryptocurrency so you won’t be able to buy tokens with a credit or debit card.
How to buy LINK with credit card with verification?
All you need is to send some verifying documents (ID or international passport) and to verify your address. This information won’t be shown anywhere and you will preserve your anonymity. After the verification process is accomplished, you can start selling or buying cryptocurrency.
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