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How to buy chainlink?

2024-05-06 19:17

Abstract: To buy Chainlink (LINK), follow these steps: 1. Choose a cryptocurrency exchange that lists LINK (e.g., Coinbase, Binance). 2. Sign up and verify your account on the selected platform. 3. Deposit funds (either crypto or fiat, depending on the platform). 4. Search for LINK on the platform. 5. Buy the amount you want. Always remember to store your LINK in a secure wallet.

Chainlink is a cryptocurrency designed to incentivize global computer networks to provide reliable real-world data for smart contracts running on the blockchain.

on the blockchain

How to buy Chainlink (LINK)

Simply put, you only need to follow 4 steps, and the whole process takes only 10 minutes. All you need is a smartphone or computer, a photo ID, and a means of online payment.

Compare cryptocurrency exchanges – Compare top cryptocurrency exchanges that offer purchasing capabilities.

Create a new account – VERRY your email address and identity.

Make a deposit –a a debit card, credit card, bank transfer, or Bitcoin.

Purchase Chainlink – Use your funds to purchase LINK.

YouTube Link:https://www.youtube.com/watch?v=5ap9qFdf6I0#/

Below, we have listed well-known exchanges where you can buy Chainlink (LINK) using credit cards, debit cards, or Bitcoin (BTC), along with their official purchasing guides.

Uphold

Uphold is a commission-free desktop and mobile trading platform that allows you to trade Chainlink (LINK) and dozens of other cryptocurrencies. They have been operating since 2014 and now have a very reliable reputation, with over 15,000 users worldwide.

Uphold

One of the most unique features the company offers is the ability to trade directly across asset categories. This greatly enhances efficiency and allows you to avoid any unnecessary conversion fees. So, if you want to trade gold for Bitcoin or vice versa, Uphold is the place where you can do that.

Service fees for Chainlink (LINK) and other cryptocurrencies range from 0.8% to 1.2%, depending on the asset. This is the only fee you have to consider as Uphold is completely transparent and does not charge commissions.

Kraken

Kraken

Founded in 2011, Kraken is one of the most trusted brands in the cryptocurrency industry, with over 9,000,000 users and quarterly trading volumes exceeding $20.7 billion.

Kraken started off quietly but now offers over 200 digital assets, including Chainlink (LINK). For more advanced investors, en also offers futures and margin trading.

Visit Kraken: https://www.kraken.com/

Binance

Binance is one of the largest and most well-known cryptocurrency exchanges in the world. The advantage of buying Chainlink (LINK) here is lower fees compared to competing exchanges and increased liquidity, allowing you to quickly buy and sell to take advantage of market dynamics.

Binance

The exchange is most suitable for investors residing in Australia, Singapore, and internationally. Residents of Canada, the UK, and the USA are prohibited.

For more details, visit: [Binance](https://www.binance.com/)

To use Binance's official purchasing guide:

Create a free account through the Binance website or app.

Binance is a centralized trading platform where you can buy various cryptocurrencies including Chainlink. Before using the Binance platform, you need to open an account and complete identity verification.

Register via the Binance app

Register on the website using your personal email and phone number

Choose how to buy Chainlink assets.

Click the “Buy” link on the Binance website navigation bar to learn about the purchasing options available in your country/region for Chainlink.

For better token compatibility, consider purchasing stablecoins like USDT first, then use stablecoins to buy Chainlink.

Buy Chainlink with a debit card/credit card

credit card

For new users, this is the simplest option to buy Chainlink.

Visit the “Buy Chainlink with USD” page on Binance.

Select Chainlink and USD from the dropdown menu.

Choose “Bank Card” as the payment method, then click “Confirm”.

If you haven't used a debit card or credit card to purchase cryptocurrencies on Binance before, you will see “Add New Card”. Click “Add New Card”, enter your card information, then click “Confirm”.

On the payment confirmation page, verify the relevant information and confirm the order within the specified time. Use “Refresh” to get a new quote.

Click “Confirm” to place the order.

You will be directed to the OTP transaction page of the respective bank. Follow the instructions to verify the payment.

After verification, the tokens will appear in your spot wallet.

Buy Chainlink with Google Pay or Apple Pay

Apple Pay

Visit the “Buy Chainlink with USD” page on Binance.

Select Chainlink and USD from the dropdown menu.

Choose “Google Pay” or “Apple Pay” as the payment method, then click “Confirm”.

Click the “Buy” button.

On the payment confirmation page, verify the relevant information and confirm the order within the specified time. Use “Refresh” to get a new quote.

Click “Confirm” to place the order.

The tokens will appear in your spot wallet.

Third-party payment

Multiple third-party payment channels are available. Visit the Binance FAQ to learn about the available options in your region.

Review payment details and fees.

You have 1 minute to confirm the order at the current price. After 1 minute, the order will be recalculated based on the real-time market price. Click Refresh to view the new order amount.

Store or use Chainlink on Binance.

After buying cryptocurrency, you can store it in a personal cryptocurrency wallet or deposit it directly into your Binance account. You can also trade other cryptocurrencies or stake them for passive income through Binance Finance. If you want to trade your Chainlink on decentralized trading platforms, you can try Trust Wallet, which supports millions of assets and blockchains.

Interested in keeping track of token prices? Visit our token price directory and add it to your bookmarks.

Source: [Binance](https://www.binance.com/how-to-buy/chainlink)

KuCoin

KuCoin

KuCoin is a well-known brand in the industry and one of the most competitive in terms of fees and trading costs. From offering only cryptocurrencies to cryptocurrency trading in the early days, the exchange has grown exponentially. It now offers various services, including P2P exchange functions and purchases with credit cards or debit cards.

KuCoin currently offers cryptocurrency trading for Chainlink (LINK) and over 300 other popular tokens. It is often the first to offer opportunities to purchase new tokens.

Residents of the United States are prohibited.

HTX

HTX

Founded in 2013, HTX has become one of the largest digital asset exchanges globally, with a cumulative trading volume of $10 trillion. HTX used to account for half of the world's digital asset trading and now serves over 1.3 million users in more than 5 countries. It is worth noting that HTX currently does not accept residents of the United States or Canada.

HTX is one of the top exchanges currently offering Chainlink (LINK) trading opportunities.

WazirX

WazirX

Launched in 2018, WazirX is the largest cryptocurrency exchange in India, with over 6 million users and rapid expansion. It is currently one of the most famous exchanges offering Chainlink (LINK) trading opportunities, accepting customers from around the world. The exchange is part of the Binance Group, ensuring high standards of quality.

MEXC – Overall Best Cryptocurrency Trading Exchange for Chainlink

MEXC is currently one of the best cryptocurrency trading exchanges to invest in. This global cryptocurrency exchange has over 10 million registered users. MEXC supports trading for over 1,000 cryptocurrencies along with Chainlink.

MEXC

Through MEXC's swap mining mechanism, investors can access over 2,000 cryptocurrency pairs by connecting to liquidity pools. Some key features of MEXC include low trading fees. The platform charges 0% spot trading fees. In addition, futures trading fees start at only 0.02% per transaction. The platform also supports leverage and margin trading for advanced traders. Through MEXC Launchpad, investors can trade newly launched tokens.

This secure platform stores over $500 million worth of investor funds in cold storage. Funds are stored offline, preventing online hackers and scams. MEXC also uses SSL encryption technology and adds an extra layer of security by implementing two-factor authentication.

This fast and efficient platform can execute over 1.4 million transactions per second. The minimum deposit amount is only $5 and can be paid through credit/debit cards, SEPA transfers, and SWIFT.

SEPA transfers, and SWIFT

MEXC has introduced a flexible staking mechanism where investors can stake their cryptocurrency tokens and generate high APY (Annual Percentage Yield). The platform offers 24/7 customer support and a fully-featured mobile application with the same functionalities as the desktop version.

Mexico Exchange Overview

MEXC Buying Chainlink Fee Key Features
0% spot trading fee No spot trading fee: Over 1,000 cryptocurrencies charge 0% spot trading fee.Fast order execution: MEXC supports fast order execution, processing over 1.4 million transactions per second.Swap farming: Access over 2,000 cryptocurrency pairs by connecting to liquidity pools.

OKX – Trade Over 300 Cryptocurrencies Through This Popular Exchange

Popular Exchange

OKX could be your next cryptocurrency exchange to trade Chainlink, with over 50 million users.

On this platform, investors can trade 300 cryptocurrencies — from large-cap tokens like Cardano, Bitcoin, and Ethereum to meme coins and metaverse cryptocurrencies. OKB is one of the most popular tokens on OKX, serving as the exchange's native cryptocurrency.

OKX

Token holders can receive trading fee discounts based on their OKB holdings. For example, those holding over 2,000 OKB tokens can start cryptocurrency trading at a price of 0.08% per transaction. The typical fee per transaction is 0.1%.

On OKX, investors can engage in spot and margin trading and apply leverage in their trades. Through OKX's loan feature, investors can use their held cryptocurrency as collateral and obtain loans in cryptocurrency tokens such as BTC, ETH, and USDT.

BTC, ETH, and USDT.

Through flexible staking options, investors can also earn high annual yields by locking tokens on the exchange. OKX supports payments via credit cards/debit cards, Apple Pay, and bank transfers. It also accepts third-party platforms like MoonPay and Simplex.

The platform is accessible through desktop and via mobile applications for iOS and Android.

OKX Overview

OKX Buying Chainlink Fee Key Features
0.1% spot trading fee/OKB holders 0.0% fee Trading fee discount: OKB token holders can receive trading fee discountsCryptocurrency loans: Store your cryptocurrency as collateral and withdraw cryptocurrency loansMultiple payment methods: Use credit cards/debit cards, VISA, and Mastercard for payments.

For more details, please refer to: https://www.techopedia.com/cryptocurrency/how-to-buy-chainlink#/

Conclusion

Before purchasing Chainlink tokens, ensure you have sufficient knowledge and preparation about the cryptocurrency market and the trading process. Choosing the right trading platform and secure storage method is crucial. Remember, investing in cryptocurrencies carries risks, so consider carefully and make decisions based on your financial situation and risk tolerance. Wishing you a smooth journey in purchasing Chainlink tokens!

FAQ

How to buy Chainlink?

You can buy Chainlink by opening an account on MEXC, which is an easy-to-use trading platform with a minimum transaction amount as low as $5. Search for LINK in MEXC's search bar and select your trading amount.

Where is the best place to buy Chainlink?

If you're a novice trader, consider platforms like MEXC. It's worth noting that MEXC charges 0% spot trading fees. However, if you need to transfer LINK tokens to a self-hosted wallet, consider using feature-rich exchanges like Coinbase.

Can I buy Chainlink with PayPal?

Yes. Coinbase allows you to deposit or purchase using PayPal and offers LINK tokens for trading.

Where can I buy Chainlink with a debit card?

Some mature platforms like MEXC and Coinbase support purchasing cryptocurrencies with a debit card and offer trading for Chainlink (LINK).

What will be the value of Chainlink in 2030?

Trends indicate that by 2030, the value of Chainlink tokens could reach up to $48. The maximum supply of tokens is fixed at 1 billion, meaning that if demand increases, the price of LINK tokens will also rise.

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