Besides the mentioned evaluations, we also followed BeInCrypto’s methodology verification standards, which can be checked by clicking on the link. Cryptocurrency exchanges bring liquidity to the table, allowing people to trade in a few seconds. With a well-established exchange like Binance or Coinbase, you can trade 24 hours a day and every day of the week. Increased liquidity and gradually improving security—in both centralized and decentralized exchanges — means it’s much easier for people to trade, which helps the ecosystem grow. Our Chainlink exchanges table show liquidity and also rating to measure how trusted is these liquidity stats. To use any of the payment methods, it’s necessary is to register an account on Binance.
How to trade, convert or sell Chainlink
Furthermore, Chainlink has secured a large share of the Oracle market, which is another good sign. The network uses a consensus mechanism to verify the accuracy of the data provided by the node operators. Nodes collectively validate the data, and the majority consensus determines the final result. Thanks to their solid industry standing, all the above-mentioned exchanges are recommended. If you’re a beginner, choosing one of the centralized exchanges makes sense, as they are slightly more intuitive than their DEX counterparts. Using MoonPay for Chainlink transactions stood out for its simplicity and speed.
Buy Chainlink directly on Ledger Live app.
After buying Chainlink, it is a good idea to send your tokens to an external wallet for safe keeping. However, your account will have restrictions like withdrawal limits and only crypto deposit options. Pepperstone is the best option for beginners thanks to its simplistic trading processes and educational section. You’ll have access to a range of other markets and a demo account. Our top choice for buying Chainlink is via eToro as they offer a premium service for beginners.
You can use either a software wallet (e.g., MetaMask, Trust Wallet) or a hardware wallet (e.g., Ledger, Trezor) to securely store your LINK. The cancel mechanism is set to be manually executed by default, but if you wish to use the automatic option, click on the Duration tab and make a selection from the drop-down menu provided. Then to activate Repeat, click on the Repeats tab select any of the available options of the frequency of your trades. The trade will be executed instantly if you use any other method except a wire transfer which only executes once the funds have been received by Uphold. You can confirm that the transaction is successful by checking the portfolio column. Next, Uphold will display its bank account details to which you will be required to send the funds.
Finally, OKX allows trading of the highly liquid LINK/USDT pair, with a CoinMarketCap liquidity score of 613. You can buy or sell Link for fiat currency, such as USD or GBP, or via other cryptos. Binance is a favoured exchange among Link traders offering competitive fees. In the UK, for example, you can deposit GBP with a bank transfer and buy Link at the live exchange rate with 0.1% in trading fees. Chainlink is a decentralised blockchain network and one of the first cryptos that makes real-world data available on-chain. LINK can be used in smart contracts to connect blockchain transactions with real-world external data sources.
Is Chainlink secure?
Always confirm important product information with the relevant provider and read the relevant disclosure documents and terms and conditions before making a decision. Compare today’s price of Chainlink ($14.14 USD) against its all-time-high price of $52.7 USD on 10 May 2021. The closer the bar is to 100%, the closer LINK is to reaching its ATH again.
In 2009, Nazarov co-founded ExistLocal, a peer-to-peer marketplace for authentic local experiences. To learn more about this project, average time to mine a bitcoin 2020 check out our deep dive of Chainlink. If you’re ready to get started, read on for step-by-step instructions on how you can buy Chainlink. Once you enter the verification code, the transaction takes 30 seconds to process. In the past 24 hours, Tether, USD, and Ethereum have been the top three trading pairs for Chainlink, out of a total of 19 pairs.
Buy Chainlink (LINK) with crypto on the KuCoin Spot Market
- Buying LINK is a straightforward process when you choose a reliable exchange and follow the required steps for account creation, identity verification, and depositing funds.
- Founded in 2017, Chainlink is a blockchain abstraction layer that enables universally connected smart contracts.
- This premier exchange enables trading Chainlinks and almost all main cryptocurrency pairings quickly and straightforwardly.
- Recurring crypto purchases allow you to gain LINK price exposure over time, helping to limit the risk of volatility through dollar-cost averaging principles.
- They may be saved in a cryptocurrency wallet and custodian, such as the CoinStats wallet, Gemini, etc.
- Binance is a favoured exchange among Link traders offering competitive fees.
Gemini products are renowned for setting the bar in various areas, including investor protection, overall broker experience, compliance, and security. Storing LINK on an exchange increases the risk of losing it due to hacks. Transferring your assets to a secure wallet offers more protection. Stake crypto, earn rewards and securely manage 300+ assets—all in one trusted platform. If, however, you are using any other method such as a debit card or exchanging from one asset into LINK, you need to specify the amount of token to receive.
Past performance of an eToro Community Member is not a reliable indicator of his future performance. 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. Interested in buying Chainlink (LINK) or exploring other cryptocurrencies? KuCoin offers safe and easy ways to let you buy Chainlink (LINK) instantly wherever you are! Choose a trusted exchange from our list and start investing in Chainlink today. We’ve ranked the top exchanges offering LINK based on liquidity, features, and international accessibility.
Research and choose one that aligns with your security preferences and usability needs. In 2014, he also co-founded CryptaMail, a completely decentralized, blockchain-based email service. In 2014, Nazarov teamed up with Steve Ellis and launched SmartContract, a platform that brings smart contracts to life by connecting them to external data and widely accepted bank payments. SmartContract was one of the entrepreneurial ventures that led Sergey Nazarov to the founding of Chainlink. Binance has the most liquid LINK/USDT pair, with a score of 793.
- Essentially, a bunch of interested parties were shut out, despite the fact that they had bought into the ICO.
- To comply with Anti-Money Laundering (AML) regulations, you’ll be guided through a quick verification process powered by our trusted partner, Sumsub.
- Placing an order for LINK is simple and can be done with just a few clicks.
Approximately 20,000 individuals now serve as Chainlink node operators, contributing to the project’s goal of establishing an utterly decentralized oracle what is cryptocurrency network. Chainlink is a decentralized oracle network that connects off-chain data to on-chain smart contracts. It is a translator, facilitating communication between blockchains and real-world data sources. Chainlink ensures that smart contracts access reliable and trustworthy data, making digital agreements smarter and more reliable. Crypto exchanges such as Binance, OKX, Kraken, and Coinbase offer users access to the crypto market with safeguards to ensure secure transactions.
Staking is when nodes delivering data to a smart contract stake a predetermined amount of Link as collateral. If nodes deliver reliable and timely data points, they are paid a fee in Link which can be withdrawn. When the opposite happens i.e. data is unreliable, late, or nonexistent, nodes are penalised by having their collateral cut. This is how the Chainlink network encourages honesty and prevents malicious behaviour.
Chainlink went live on the Ethereum mainnet a couple of years later in June 2019. Find all the answers to your MoonPay questions and start swapping cryptocurrency with confidence. Whether you’re a seasoned trader or buying Chainlink for the first time, the MoonPay app gives you the tools to get it done.
Gala (GALA) Price Prediction July 2025
To help you decide if now is the right time to buy, you can take a look at our all-time high tool to get an idea of how the price of Chainlink has been performing recently. Find an exchange to buy, sell and trade LINK by comparing deposit methods, supported fiat currencies and fees. Chainlink is a highly volatile asset capable of why do bitcoins have value major price swings in a single day.