How to Buy Chainlink (LINK) in 4 Easy Steps

Price updated 3 mins ago

Quick Answer:

You can buy Chainlink and have it in your wallet in less than one hour in 4 simple steps:

  1. Find the best exchange that sells Chainlink.
  2. Register a new account.
  3. Fund your account.
  4. Buy Chainlink.
LINK
$13.617122793021

These steps are simple if you know where to buy Chainlink cryptocurrency -- but knowing where to buy is the hard part.

Many cryptocurrencies are only offered on less well-known exchanges, and finding the best place to buy Chainlink (LINK) and then figuring out if that exchange is trustworthy is more than most people - even experienced crypto traders - can handle!

We've done all the hard research for you. Let's get started.

Step 1Find the Best Chainlink Exchange

Ultimately, doing your own research in crypto is the best way to learn the processes of moving your money, finding promising investment opportunities, and buying and selling cryptocurrencies.

We have done years of work to make this as simple as possible for you.

Why You Should Trust Our Recommendations

346

We started with 346 crypto exchanges.

We start by evaluating our comprehensive list of 346 exchanges that we have spent 7+ years and 600+ hours gathering data on.

151

Only

151

of these exchanges sell Chainlink.

We then filter down the entire set of possible marketplaces to only the ones that have active LINK markets.

46

Only

46

of these exchanges have $100m in daily trade volume.

We then remove any exchanges that don't have adequate trading volume to make buys and sales of all sizes.

8

Only

8

remaining exchanges received a 7/10 Trust Score.

We give each exchange a trust review rating using history, longevity, proof of reserves, and reputation.

1

Apply our editorial review process to rank the remaining exchanges.

We manually review the remaining candidates to declare a winner.

The Winner is Coinbase Pro

VISIT Coinbase Pro Read Review
Reasons we ♥ Coinbase Pro
Low fees
Educational incentives
Quick withdrawals
CRYPTOCURRENCIES: 253
FUNDING:
Bank Transfer (ACH)
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Debit Card
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Wire Transfer
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Paypal
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Apple Pay
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Google Pay
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SEPA
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EFTCAD
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Interac
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SGD Transfers
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3D Secure Card UK
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Easy Bank Transfer UK
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Faster Payments UK
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Instant Card Cashouts UK
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PayPal UK
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Step 2Register Your New Account

  1. Prepare Personal Information: Collect your personal details, including your name, address, and documents for identity and address verification.
  2. Create an Account: Visit the Coinbase Pro website, click "Sign Up," and provide your name, email address, and country of residence. Then, create a secure password and, if desired, set up two-factor authentication with your phone number.
  3. Agree to Terms: Read and agree to the user agreement and privacy statement.
  4. Verify Identity: Complete a two-step identity verification process by uploading a government-issued ID (passport, driver's license, or national ID card) and taking a selfie to confirm the validity of the photo ID.
  5. Wait for Approval: Wait for Coinbase Pro to review and validate the documents, which can take up to 48 hours, followed by immediate account verification upon approval​​.

Step 3Fund Your Account

Once you have registered or logged in to your account at , there are several funding methods you can use to buy Chainlink cryptocurrency.

You can buy Chainlink on using:

Please select listing to show.

  • Bank Transfer (ACH) 3-5 business days processing time
  • Debit Card Instant processing time
  • Wire Transfer 1-3 business days processing time
  • Paypal Instant processing time
  • Apple Pay Instant processing time
  • Google Pay Instant processing time
  • SEPA 1-3 business days processing time
  • EFTCAD 3-4 business days processing time
  • Interac Instant processing time
  • SGD Transfers 2-3 business days, Same day for a fee processing time
  • 3D Secure Card UK Instant processing time
  • Easy Bank Transfer UK Less than 2 hours processing time
  • Faster Payments UK 1-3 business days processing time
  • Instant Card Cashouts UK Instant processing time
  • PayPal UK Instant processing time

Step 4Buy Chainlink (LINK)

After registering and funding your account at , you should be able to buy Chainlink after your deposit finishes processing. After you receive your LINK, make sure to secure it and follow best security practices to avoid losing it scams or hacks.

Best Chainlink Exchanges

Chainlink is also available on these exchanges:


Frequently Asked Questions

Yes, Chainlink is safe to buy. It is listed for trade on some of our top-rated exchanges including Zengo, Binance, Coinbase Pro, Bybit, OKX, Kraken, KuCoin, Gate.io, BingX.

You can buy Chainlink instantly at Zengo, Binance, Coinbase Pro using their instant buy feature or a credit card.

Yes you can buy less than one (1) LINK. Cryptocurrencies in general are divisible to 16 decimal places.

To buy Chainlink, you will need to deposit funds into your exchange account - which usually has no fees - and then buy LINK, which will incur a trading or purchase fee; usually 0.1-3% depending on the exchange.

You can buy $1 of Chainlink at Zengo, Binance, Coinbase Pro.

Chainlink Investment & Buying Guide

Diving into the dynamic realm of cryptocurrencies, you’ve likely encountered the usual suspects: Bitcoin and Ethereum. But there’s a unique player that’s been gaining traction—Chainlink. It’s not just another digital currency; it’s a decentralized oracle network that’s reshaping how smart contracts operate.

With Chainlink, your smart contracts can securely interact with external data feeds, events, and payment methods, providing the critical off-chain information needed by complex contracts. It’s the bridge between the blockchain and the real world, and it’s catching the eye of developers and investors alike.

As you explore Chainlink, you’ll uncover its potential to revolutionize data usage across various industries. It’s a deep dive worth taking, and this research report will be your guide to understanding why Chainlink stands out in the crowded crypto space.

What is Chainlink Cryptocurrency?

Chainlink is a decentralized network that aims to connect smart contracts with real-world data. Unlike Bitcoin or Ethereum, which function primarily as digital currencies and platforms for simple smart contracts, Chainlink enables complex contracts to interact with external data.

How does Chainlink Compare to Other Cryptocurrencies?

Chainlink stands out by providing a critical function: the secure, trustworthy import of external data. Where most cryptocurrencies are isolated systems, Chainlink’s oracles allow smart contracts to act based on real-world events and information. This function extends the utility of smart contracts beyond the blockchain, enabling them to utilize data such as market prices, event outcomes, or weather details.

Scalability and security are at Chainlink’s core, aspects often challenged in other cryptocurrencies. Its network of decentralized oracles is designed to operate without a single point of failure, a step ahead of cryptocurrencies with centralized components encountering bottlenecks.

In terms of adoption, Chainlink’s partnerships with leading data providers and financial services highlight its growing relevance. These collaborations indicate trust in Chainlink’s system and the potential for broad integration across industries.

chainlink stands as a leader in interoperability within the blockchain ecosystem. It allows for secure communication between disparate blockchain platforms, which is a notable achievement considering the fragmented nature of the industry.

Chainlink History & Growth

Chainlink’s journey began in 2014, with the company SmartContract.com, the precursor to what Chainlink is today. It was co-founded by Sergey Nazarov and Steve Ellis with the vision to bridge the gap between blockchain smart contracts and real-world data.

In September 2017, the project successfully launched its initial coin offering (ICO), raising $32 million. This funding was critical in driving the development of Chainlink’s decentralized oracle network.

The Chainlink network officially went live on Ethereum in May 2019, a significant milestone marking its operational commencement. This event was the genesis of practical, real-world applications for smart contracts outside of the blockchain.

Since then, Chainlink has exhibited stellar growth with an expanding list of partnerships. These collaborations range from Google Cloud integrating Chainlink into their approach to smart contract adoption to DeFi architecture integrating with Chainlink for price feeds and other off-chain data requirements.

In demonstrating its robustness, Chainlink launched Chainlink 2.0 in 2021, introducing new features aimed at enhancing its architecture for increased scalability and security. Chainlink 2.0 underscores the project’s commitment to innovation and addressing the evolving needs of the blockchain sector.

To underscore the scope of its reach, Chainlink has integrated with numerous blockchains beyond Ethereum, such as Binance Smart Chain, Polkadot, and Tezos. This expansion has positioned Chainlink as a foundational element in multi-chain ecosystems.

The progress of Chainlink can be monitored by the value locked in its smart contracts, which serves as an indicator of trusted activity. Over the years, billions have been secured by Chainlink oracles, signifying the trust placed in Chainlink’s capabilities by users and developers alike.

Growth indicators also appear in the rise of node operators and data providers joining the network. This diverse group strengthens the decentralized nature of the network and mirrors an increasing acceptance of Chainlink’s functionality in the wider blockchain community.

As the blockchain sphere evolves, Chainlink’s dedication to fostering a secure and connected future for smart contracts continues to resonate within the industry. With each partnership and integration, Chainlink not only expands its reach but also reinforces the integral role it plays in the blockchain ecosystem.

Buying Chainlink with Different Payment Methods

Buying Chainlink with a Credit Card

Using a credit card is one of the quickest ways to purchase Chainlink. Many cryptocurrency exchanges support credit card purchases and provide instant access to your Chainlink investment.

Buying Chainlink with a Debit Card

Debit cards offer a more direct route when buying Chainlink, linking straight to your bank account. This method usually avoids the higher fees associated with credit card purchases.

Buying Chainlink with Apple Pay

Apple Pay provides a seamless and secure way to buy Chainlink on various platforms. It’s your go-to for a fast transaction if you’re using an iOS device.

Buying Chainlink with Paypal

Paypal can be a convenient option for purchasing Chainlink, as it offers buyer protection and easy integration with your digital wallet. Check if your preferred exchange accepts PayPal before proceeding.

Buying Chainlink with a Bank Transfer

Bank transfers are often preferred for larger Chainlink purchases due to their lower fees. While this method may take longer, it tends to be more secure and cost-effective for substantial investments.

Keeping Your Chainlink Safe

Software Wallets

Software wallets offer a convenient way to store your Chainlink tokens with ease of access being their main advantage. They are digital applications that can be either cloud-based or stored locally on your device, providing quick transactions and real-time access. However, software wallets are potentially vulnerable to hacking, as they are connected to the Internet. It’s essential to choose software wallets with strong security measures such as two-factor authentication and regular updates.

Hardware Wallets

Hardware wallets are considered the gold standard for securing your Chainlink tokens due to their enhanced security features. They store your private keys offline on a physical device, greatly reducing the risk of online threats. While transactions require you to connect the device to an Internet-enabled computer or smartphone, the private keys never leave the hardware wallet, keeping your assets safe even during the transfer process. Popular hardware wallet options for Chainlink include the Ledger Nano S and Trezor Model T.

Selling & Withdrawing Chainlink

Selling your Chainlink tokens is a straightforward process typically done through cryptocurrency exchanges. You’ll need to create an account with an exchange that supports Chainlink, if you haven’t already. To sell, simply place a sell order specifying the quantity and desired price, similar to selling stocks. Cryptocurrency exchanges such as Coinbase, Binance, and Kraken enable users to sell Chainlink for fiat currencies like USD or other cryptocurrencies.

Withdrawing proceeds from the sale of Chainlink can often be done directly to a linked bank account or to a digital wallet. Ensure to check withdrawal fees and minimums as they vary by platform and could impact your return. Exchanges usually process withdrawals within a few business days, depending on their policies and the withdrawal method selected.

Remember to keep an eye on the tax implications associated with selling and withdrawing your Chainlink tokens. In many jurisdictions, disposing of cryptocurrencies is a taxable event, and you’re responsible for reporting any capital gains or losses. Always consult a tax professional to ensure you’re compliant with local tax regulations when engaging in cryptocurrency transactions.

Is Chainlink a Good Investment?

When considering the growth potential of Chainlink, look at its track record. Since its ICO in 2017, Chainlink has shown significant progress both technically and in market adoption. Chainlink’s performance and partnerships with Fortune 500 companies signal a robust and expanding use case, which is a positive indicator for its future value. With its integration into multiple blockchains, Chainlink’s role as a decentralized oracle network is critical in bridging the gap between traditional finance and blockchain technology.

Chainlink 2.0 aims to bring scalability and enhanced security to the network. This could boost investor confidence as it addresses key issues prevalent in the DeFi space. Moreover, the demand for decentralized financial services is on the rise and Chainlink is well-positioned to facilitate these services. It’s essential to consider the volatility of cryptocurrency markets; Chainlink, like other cryptocurrencies, is subject to market fluctuations.

Assessing Chainlink as an investment also requires a look at the community and developer activity. Active development is a testament to its ongoing relevance and commitment to innovation. When you’re determining whether Chainlink fits into your investment portfolio, researching market trends and understanding the fundamental value Chainlink provides to the DeFi ecosystem will guide your decision.

Always remember to base your investment decisions on a variety of factors, including technical analysis, market dynamics, and personal financial goals. Diversify your investments to reduce risk and don’t invest more than you can afford to lose. Keeping abreast of regulatory changes can also influence the investment value of cryptocurrencies, including Chainlink.

Chainlink Price Predictions

When evaluating Chainlink price predictions, it’s key to understand the market’s volatility. That said, some experts have foreseen a gradual increase in Chainlink’s value over the coming years. According to a report from Wallet Investor, Chainlink could potentially surge to a value well above its current price point by 2025.

Other analysts from DigitalCoinPrice support this optimistic forecast, envisioning a steady growth trend. They predict that the integration of Chainlink’s technology with multiple blockchains could act as a catalyst for this growth. Data from their analysis suggest a possible incremental climb throughout this decade.

Crypto research firms often consider past performance and current partnerships as significant indicators of future price movements. The table below showcases Chainlink’s price milestones based on historical data and projected trajectories from these experts:

Year Predicted Price Milestones
2023 $X.XX – $X.XX
2025 $X.XX – $X.XX
2030 $X.XX – $X.XX

Remember, these predictions are contingent on various factors like technological advancements, crypto regulations, and shifts in the macroeconomic landscape. Always ensure you’re conducting your own research and considering the implications of these shifting circumstances on your investment strategy.

Additional Info

You’ve now delved into the dynamic world of Chainlink and its potential as a cryptocurrency investment. With its robust growth trajectory, strategic partnerships, and innovative leap into Chainlink 2.0, you’re equipped with a foundational understanding of what makes this token unique. Remember, the crypto market is unpredictable, and while forecasts are positive, they’re not set in stone. Stay informed, keep an eye on trends, and always prioritize due diligence in your investment journey. With this knowledge, you’re better prepared to navigate the evolving landscape of Chainlink and the broader cryptocurrency ecosystem.

Chainlink (LINK)
Price
$13.617122793021
24h Change
-2.3
7d Change
-2.5