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.
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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.
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.
Keep track of your Chainlink investment performance
- 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 offer an in-depth learning section, perfect for those looking to trade but have little experience.
- On YouHodler, there is a lot that can be done with the LINK tokens.
- The best way to store your crypto securely is by using cryptocurrency wallets.
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).
Coinbase
- MoonPay accepts most major credit and debit cards, including VISA and MasterCard.
- Simply select your criteria, narrow down the search, then pick out an exchange that’s appropriate to your needs and location.
- However, you should research LINK and make an informed decision on whether it’s a good investment.
- We offer localized payment options that cater to regions all over the world.
- The only way to invest in Chainlink is through a cryptocurrency exchange or broker.
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.
What’s the minimum to trade 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.
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.
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.
Frequently asked questions about buying LINK
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 How to buy chainlink 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.
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.
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 risk. Afterward, you may deposit money and invest once you have a good grasp of trading.
