Find an exchange to buy, sell and trade LINK by comparing deposit methods, supported fiat currencies and fees. It’s not as secure as hardware wallets, but it still provides ideal features for users looking to manage their crypto from a desktop. Storing LINK on an exchange increases the risk of losing it due to hacks. Transferring your assets to a secure wallet offers more protection. Buy Chainlink (LINK) in 100+ countries using the local currency of your bank account. We offer localized payment options that cater to regions all over the world.
Optional: Transfer LINK to a Personal Wallet
- As DeFi grows and redefines the financial landscape, Chainlink’s role as a dependable bridge between the digital and real-world becomes even more pivotal.
- Chainlink enables decentralized applications to access accurate and up-to-date data from external sources, crucial for the execution of smart contracts.
- However, you can follow the price feeds for Chainlink’s LINK token to understand this project’s value and popularity.
- Chainlink has grown from aggregating and providing cryptocurrency price data to DeFi protocols like Aave, to a lot more.
- The ecosystem currently access over 1B data points, securing over $95B in value across 1,000 project integrations with 700 oracle networks.
First, it’s important to research and understand the risks of buying any cryptocurrency. The crypto market is highly volatile and can be subject to sudden price fluctuations. Established in 2013, Gate.io is a reputable platform supporting hundreds of altcoins, including Chainlink (LINK). It offers robust and advanced charting tools, appealing to both beginners and technical traders in supported regions. Coinbase (COIN -0.28%), established in 2012, is a Nasdaq-listed platform for buying, selling, and managing over 250 cryptocurrencies. It offers advanced tools, zero the 11 best ecommerce website builder picks in 2022 trading fees for Coinbase One members, and operates in over 100 countries.
It’s essential to double-check all the details before finalizing the purchase. Evan Jones was introduced to cryptocurrency by fellow CryptoVantage contributor Keegan Francis in 2017 ripple bosses prepare for battle with sec and was immediately intrigued by the use cases of many Ethereum-based cryptos. The live Chainlink price today is $24.97 USD with a 24-hour trading volume of $1,173,318,795 USD. The current CoinMarketCap ranking is #12, with a live market cap of $16,934,814,997 USD. It is important to consider the fact that investing in cryptocurrency carries risk, just like any other investment. Alex Carchidi is a contributing Motley Fool healthcare and cryptocurrency analyst covering biotech, pharma, cannabis, and digital asset companies.
Frequently asked questions about buying LINK
Uniswap’s liquidity pools for LINK allowed us to perform direct token swaps efficiently, an aspect we found particularly appealing for its straightforwardness. Although Uniswap’s interface is initially more complex than traditional exchanges, it offers a unique and flexible trading experience once you get the hang valuable steps to make your bitcoin wallet safe and secure of it. However, remember that trading fees can sometimes be comparatively higher for small orders. Focused on real-world and blockchain connections, Chainlink is a popular decentralized project. But how does the ecosystem work, and is it worth buying the native token, LINK?
Finally, consider the security of the exchange or wallet you plan to use. Choosing a reputable platform is essential to ensuring your funds are safe. Choose a trusted exchange from our list and start investing in Chainlink today. No, Chainlink did not outpace Bitcoin in 2019, though it was close in terms of year-long growth in price, each finishing the year just about 3x above where it began. Had Chainlink stayed around it’s all-time high in June, then it would have outpaced Bitcoin because it would have grown nearly 10x in value. The second subtlety is the lack of promotion and communication by Chainlink.
For LINK to reach these prices, adoption should continue, and the broader market must recover. If you are a venture capitalist or investor, then LINK might BE a good addition to your portfolio. The project has a clear use case and has secured significant adoption, both in web3 and traditional institutions. Furthermore, Chainlink has secured a large share of the Oracle market, which is another good sign.
Recognizing these concerns, the Chainlink team has unveiled plans for Chainlink 2.0. If executed correctly and the project continues to be the preferred oracle for connecting real-world data with blockchain contracts, LINK may perform better after the update. Chainlink ensures that the smart contracts that power these platforms receive reliable data, ensuring the contracts can execute transactions using a reliable data feed.
Select a trusted cryptocurrency exchange in India that offers Chainlink (LINK). Options might include platforms such as CoinDCX, Mudrex, or CoinSwitch. Register on the platform using your email address and create a secure password. The process is similar to buying LINK, but instead, you’ll select the option to sell, enter the amount you want to sell, and confirm the transaction. You can also trade LINK for other cryptocurrencies on some exchanges.
How to buy Chainlink stock?
Precious metals market analysis including gold and silver price predictions. Crypto market analysis including highly accurate BTC ETH SOL XRP forecasts. If you want to learn more about Chainlink, check why it was featured in our best long-term cryptos article. Let’s take a look at how much LINK you would get if you invested in Chainlink at the current price of $ 24.98 per LINK.
With our crypto profit calculator, you can see how your investment could perform over time, set up different DCA scenarios, and use historical market data to project potential future profits. You’ll notice that the form now includes an extra panel below the normal spot transaction form. You can follow the same procedure we outlined in the previous section on how to make a spot purchase for LINK tokens on Uphold. Fill in your payment method and specify the asset you want to purchase on repeat the same way you would set up a normal trade. LINK is a widely traded cryptocurrency on exchanges like OKX, Coinbase, Uniswap, and Binance.
Liquidity
When you buy LINK using your Trust Wallet, it’s stored directly in your wallet. There’s no need to transfer your LINK from one address to another or do anything else – the crypto will be stored safely and automatically. The crypto project raised $32m during its initial coin offering (ICO). Chainlink went live on the Ethereum mainnet a couple of years later in June 2019. Private company SmartContract Chainlink Ltd is the crypto’s founder.
- This guide has delved into a brief into the project and shown you a step-by-step process to acquiring LINK tokens using the fully regulated and highly secure Uphold platform.
- In the pop-up screen, click on either + symbols next to ‘Banks’ or ‘Debit cards’ titles, depending on which option you want to use.
- Chainlink is a critical innovation for the blockchain space, offering a reliable and secure method for smart contracts to access real-world data.
- The crypto portfolio is available on desktop platforms as well as on iOS and Android.
- Chainlink’s token LINK is Ethereum-based but that it where the similarity ends.
With innovative investment tools and a collaborative trading community, eToro empowers millions of users in over 100 countries to trade and invest in a simple and transparent way. This new development slots neatly into Chainlink’s growing role at the intersection of blockchains and traditional finance, which is what’s generally responsible for generating demand for the token. The stated goals are long-term appreciation and the generation of a yield via staking. Presently, staking the token earns a yield of around 4.3% annually. All content on this site is for informational purposes only and does not constitute financial advice. Consult relevant financial professionals in your country of residence to get personalized advice before you make any trading or investing decisions.
Buy LINK and 100+ other cryptocurrencies, including Bitcoin, Ethereum, and more
However, securing your LINK in a personal wallet is essential to safeguard your investment against exchange vulnerabilities. By following these steps, you can ensure both a smooth purchase and enhanced security. While you can trade LINK with other cryptocurrencies (like Bitcoin or Ethereum), purchasing it directly with fiat currency is the most common method for beginners.
📰 Latest LINK News & Market Trends
The second column contains your portfolio, which represents the assets you hold within your account. This section also shows you a graphical representation of the value of your portfolio so you can tell its performance by a simple glance. Whether or not Chainlink is better than Ethereum depends on a multitude of factors. Chainlink is a decentralized protocol, while Ethereum is a decentralized blockchain, and both serve different functions. Here are some things to consider before you decide whether to buy LINK.
