Plus500 is a reliable broker offering Contract for Differences on various cryptocurrencies. They have a user-friendly demo account, so you can trade LINK without How to buy chainlink risk. Afterward, you may deposit money and invest once you have a good grasp of trading.
Simply select your criteria, narrow down the search, then pick out an exchange that’s appropriate to your needs and location. A crypto exchange (or cryptocurrency exchange) is a marketplace where buyers and sellers trade cryptocurrencies. Just like regular stock exchanges, a cryptocurrency exchange serves as a middleman who sets the market price at which an equal number of buyers and sellers can be found. We also like eToro and Binance due to the platforms’ simple dashboards and great customer service.
To buy Chainlink in the USA securely and efficiently, start with a regulated U.S. exchange, verify your account, fund it, then purchase LINK with USD or card. Enjoy our special welcome offer and get up to $600 in trading free credit on Binance crypto exchange. Cryptocurrency exchanges allow users to store their crypto and, in some cases, even allow them to use yield generating products to earn passive income with deposited crypto. Keep in mind that you’ll need to provide some personal information, including your name and email address. In order to increase withdrawal limits and unlock additional functionality like crypto loans and staking options, certain exchanges require users to complete KYC as well.
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 of it. It is a good alternative for buying LINK if you prefer using DEXs. However, remember that trading fees can sometimes be comparatively higher for small orders.
Best for demo and spot trading
At the current buy price, investing $1,000 in Chainlink would get you 66.98 LINK. The best way to store your crypto securely is by using cryptocurrency wallets. After funding your exchange account via one of the three options listed in the previous step, go to the trading page and search for the cryptocurrency you want to buy. Depending on the exchange you’re using, there should be multiple trading pairs available (a trading pair refers to two different assets that can be traded against each other; e.g., LINK/USDT). The process of buying Chainlink is very similar between various crypto exchanges, so you can follow the steps outlined below whether you’re using KuCoin or virtually any other crypto exchange.
An oracle serves as a trusted source to bring real-world information, data, or validation into the digital world (e.g., applications or smart contracts). Coinbase provided a streamlined and secure experience for our Chainlink transactions. Its user-friendly interface makes buying and selling LINK accessible, especially for those newer to crypto trading. We were impressed with Coinbase’s liquidity in LINK, which meant quick and reliable trade executions. If you are new to crypto or trading, the educational content on the platform can be really helpful.
What payment methods can I use to fund my account?
Pay with a credit/debit card, bank transfer, Apple Pay, Google Pay, and more. Sam Ralph is a financial writer and researcher with over 10 years of market experience. Specializing in tracker funds and cryptocurrency, he combines disciplined research with actionable insights, helping investors navigate markets confidently. Sam’s expertise simplifies complex financial topics, empowering readers to make informed investment decisions. By default, your LINK stays in your eToro crypto wallet, which is convenient for beginners. However, if you want full control over your assets, you can transfer LINK to an external wallet that supports ERC-20 tokens, such as MetaMask, Ledger, or Trust Wallet.
Chainlink Oracles Bridge the On- and Off-Chain Chasm
You can use your Chainlink tokens to buy products or pay for services that accept LINK as a payment method. There isn’t much you can buy with LINK as the coin is mainly utilized by businesses. The top choice for buying LINK is through Coinbase because of the multiple deposit methods, Chainlink trading pairs, and convenient instant buy page. Also, they provide a learning section where you can earn cryptocurrency for free. You can integrate Chainlink’s decentralized Oracle services into your blockchain-based applications by using its API and smart contract interfaces. The easiest way to buy Chainlink is by topping up your MoonPay Balance.
Deposit Funds
- Perhaps anonymity is a requirement for buying LINK since you want to keep your investments private.
- Chainlink allows anyone to become a node operator, as long as they meet the hardware requirements.
- We also support local options such as UK Faster Payments, SEPA, Pix in Brazil, as well as Venmo and bank transfers in the US.
- This includes critical inputs such as , which power use cases like lending, derivatives, and liquidations.
- In addition, you should be mindful of your investment approach, crypto storage, and other aspects of buying and trading Chainlink.
Before buying Chainlink, or any other crypto asset for that matter, there are some general things you should research. In addition, you should investigate the team behind the project and search forums and social media for any reports on security concerns. Chainlink is currently trading at $ 14.93, 1.09% up over the last 24 hours. In the same time period, $ 1.29B worth of LINK changed hands across crypto exchanges.
Presently, Chainlink is changing hands above the 200-day simple moving average (SMA), which is considered a bullish signal. In addition, the price of Chainlink is currently above the 50-day SMA, which is a bullish indicator. Meanwhile, the Fear & Greed Index, a popular measure of market sentiment, is 27 (Fear).
However, you will need to connect a compatible crypto wallet to the platform, and fees can vary from cheap to very expensive. Cryptocurrency brokers are the main platforms that issue CFDs for coins like Chainlink. These are derivative products, which means you won’t own real LINK tokens.
- Let’s take a look at how much LINK you would get if you invested in Chainlink at the current price of $ 14.93 per LINK.
- On Pocket Option, you can trade with as little as $1 per deal, and deposit from $5.
- Once your order is executed, it’s crucial to secure your LINK by transferring it from the exchange to a secure wallet—either a software or hardware wallet.
- You can use your Chainlink tokens to buy products or pay for services that accept LINK as a payment method.
Transferring your assets to a secure wallet offers more protection. Use your Chainlink to purchase goods and services from any participating merchant that accepts LINK and cryptocurrency. Once you have your Chainlink (LINK) tokens secure in your preferred wallet, you’re ready to use them to participate in the Chainlink data ecosystem. Additionally, diversify your portfolio by combining LINK with other crypto or assets to buffer large swings. Set price alerts and follow Chainlink usage metrics, like oracle calls and CCIP volume, which often signal rising demand and possible price momentum. A smart way to build LINK exposure is through a Chainlink dollar cost averaging strategy.
Receive our FREE crypto predictions alerts
Platforms like Kraken let you automate recurring buys – whether weekly or monthly – to avoid timing the market and reduce volatility risk. In the eToro dashboard, use the search bar to find Chainlink (LINK). Click “Trade”, enter the amount of USD you want to invest, and place your order.
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. Whether you’re a seasoned trader or buying Chainlink for the first time, the MoonPay app gives you the tools to get it done. There are many custodial and non-custodial options to choose from, such as Ledger, Exodus, and Trust Wallet. For ongoing investment, you can set up recurring purchases (e.g., weekly or monthly) for easy dollar-cost averaging. As of mid‑2025, about 678 million LINK tokens are in circulation, approximately two‑thirds of its 1 billion max supply.
Where to store Chainlink
Requesting Contract holders use to pay Chainlink node operators for their work. Prices are set by the Chainlink node operator based on demand for the data they can provide and the current market for that data. Begin your Chainlink trading journey by creating an account with a minimum $5 deposit (amount may vary by payment method), or first practice risk-free using the demo environment. For instance, when major financial platforms like Aave or Compound integrate Chainlink’s oracle services, LINK typically experiences significant price appreciation. Each exchange limits your buying amount depending on account verification status and liquidity. I’d recommend using a large crypto exchange since they have huge daily trading volumes, so liquidity will not be an issue in most cases.
Purchase LINK in more than 100+ countries using the local currency of your bank account. These devices offer robust security with PIN protection and recovery phrase backup, minimizing exposure to phishing and hacking threats. According to the technical indicators outlined above, the price of Chainlink is predicted to decrease by -1.75% in the next five days and hit $ 14.95 on Nov 11, 2025. In addition to the reasons above, which can be classified as fundamentals, you should also pay attention to technical aspects. In addition, Chainlink’s current cycle low is $ 4.96 and was reached on Jun 10, 2023, while its cycle high is $ 30.69 and was hit on Dec 16, 2024. Moreover, LINK is changing hands -72% removed from its all-time high of $ 52.89.
KYC (Know Your Customer) is a process where you verify your identity by submitting personal details and documents to comply with legal regulations. It helps prevent fraud and ensures the exchange operates within the law. Placing an order for LINK is simple and can be done with just a few clicks. 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. Storing LINK on an exchange increases the risk of losing it due to hacks.
