Link where to buy?
- A. Credit Card and Debit Card. If you are a new user, this is the easiest option to purchase Chainlink (LINK).
- B. Bank Deposit. Transfer fiat currency from your bank account to Binance, and then use the amount to buy Chainlink (LINK).
- C. P2P Trading.
- D. Third Party Payment.
Let’s take a detailed look at some of the best platforms that offer LINK tokens and their advantages and disadvantages.
We believe that eToro is the top platform to buy LINK on as its clear, intuitive interface is easy to use for beginners, while the platform’s charts and features also cater to more experienced users.
You can add Chainlink to your eToro watchlist to keep abreast of the latest market trends, and the Chainlink “Feed” and “News” tabs will keep you informed about developments. You can also use the “Stats” and “Research” tabs to conduct your own analysis.
It’s not a problem, however, if you don’t have the skills or time to do your own analysis. eToro is unique among competitors thanks to its innovative CopyTrader feature. This lets you choose other LINK traders based on their risk profile and profit margin and automatically copy their trades.
If Chainlink isn’t your only interest, eToro gives you plenty of other investment options, including over 70 other cryptocurrencies, as well as traditional financial assets such as stocks, indices, and ETFs. You can even use thematic investment strategies based around LINK tokens with the smart portfolio feature.
It only takes a few minutes to create an account with eToro, after which you can deposit a minimum of $10 for free through a range of payment methods including card, bank transfer, PayPal, and Neteller. The crypto trading fees are competitive at 1% plus spread and there is a $5 withdrawal fee.
Lastly, in the USA eToro is registered with FinCEN and a member of FINRA and SIPC. In the UK, the platform is regulated by the FCA, ensuring your investment portfolio is safe. Read our full eToro review here.
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If you don’t want to fork out a lot on fees when buying LINK, then Binance is the place to go. The trading fees are the lowest on the market at 0.1% or less, and depending on your local currency and payment method, you may be able to make deposits and withdrawals for free.
Those lacking experience will find it very simple to buy LINK tokens with the convert feature, but there are also customisable charts, advanced tools, and indicators to satisfy more experienced traders. You can even trade LINK with leverage to potentially increase your profits.
Once you have purchased LINK tokens, you can earn interest on it by depositing it into a savings account or through DeFi staking or liquidity farming. You can also swap it for any of the 600+ other cryptocurrencies available on Binance, including many new and obscure coins.
There are plenty of educational resources on Chainlink and other crypto topics in the Binance Academy if you want to brush up your knowledge. Users are protected by security features such as advanced data encryption, and the Binance mobile app means you can trade LINK wherever you are.
It’s quick to create a Binance account, and identity verification could be completed in a few minutes. There is a minimum deposit of $50 and the minimum amount of LINK you can buy is $10. You can deposit LINK (or any other cryptocurrency) for free and the LINK withdrawal fee is 0.002-1.42 LINK, depending on the blockchain used. Read our full Binance review here.
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If you’re looking for somewhere to start your crypto journey, Coinbase is a great place to buy LINK tokens. The layout is very clear and the buying process is simple. It’s easy to navigate the platform and view your portfolio in your dashboard. You can also keep up with LINK’s market performance by adding Chainlink to your watchlist.
If you’re not ready to invest a significant amount in Chainlink, Coinbase lets you purchase as little as $2 worth of the coin. You can also use the recurring buys feature to make automatic purchases on a regular basis, providing an easy way to implement a dollar-cost averaging strategy.
If you’re a more experienced trader, it’s simple to switch to the Coinbase Pro platform, where you can find more advanced features, such as charts, trading tools, and more order types.
There is plenty of educational material available if you want to expand your knowledge and users even have the opportunity to earn free crypto while they learn through Coinbase’s regular learn and earn campaigns.
You can feel safe when buying LINK on Coinbase due to the platform’s crypto insurance, offline storage, and regulatory licences. It will take a few minutes to set up your account and a minimum deposit of $50 is recommended. The trading fees are fairly competitive on Coinbase at up to 0.6% plus the spread. Read our full Coinbase review here.
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If you’re looking for a safe way to purchase LINK, Bitpanda could be just what you’re looking for as it secures all funds in offline wallets. You can also feel confident in the knowledge that the platform is regulated, holds the necessary licences, and is fully compliant with anti-money laundering regulations.
Bitpanda differentiates itself from most competitors by offering a multi-asset platform. As well as nearly 200 other cryptocurrencies, you can trade crypto indices, stocks, metals, and ETFs. You can even swap between different types of assets.
The Bitpanda Academy is stocked full of educational resources to help you develop a better understanding of crypto, and there’s a Helpdesk if you need help using the platform. The support offered is rated highly by users, with Bitpanda receiving an excellent rating on Trustpilot.
You can set up recurring purchases of LINK lokens as part of a savings plan, and the mobile app lets you trade from anywhere, while the Bitpanda Card allows customers to spend their LINK and other assets wherever they want.
It will take a few minutes to set up and verify your Bitpanda account, and the minimum deposit is $25 with a variety of payment methods available. After that, you can purchase as little as $1.50 or €1 worth of LINK. The quoted price of LINK includes a 1.49% premium, and you can withdraw LINK tokens to an external wallet for a fee of about 1.17 LINK.
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If you want a reliable place to purchase LINK that offers comprehensive support, then Bitstamp could be the platform for you. Customer support is available 24/7 by phone and email anywhere in the world. Bitstamp’s free Crypto Pulse report also provides a comprehensive survey of global trends and market insights.
The intuitive interface makes for easy trading of 75 coins and Bitstamp’s industry-leading uptime and high liquidity provide reliable order execution. Experienced traders will appreciate the analytical tools, advanced order types, real-time data streaming, and range of powerful APIs for deploying algorithmic strategies.
The exchange has been in operation since 2011 and customers can have confidence in Bitstamp’s institutional-grade security practices, which include offline storage for 98% of assets, strong encryption of personal data, whitelisting, and transaction confirmations.
It won’t take long to set up and verify a Bitstamp account and you can access it at any time and place through the Bitstamp mobile app. Instant card purchases are supported almost worldwide, though there is a 5% fee.
Most deposit methods, however, are free of charge and you can purchase as little as $10 worth of LINK. The trading fees are very competitive at 0.5% or less, and you can withdraw your LINK for a fee of 1.5 LINK.
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Nexo is a solid option for purchasing and storing Chainlink as you can earn up to 8% annual interest on your LINK.
If you don’t want your LINK tokens to simply sit idle once you’ve bought it, Nexo can be used to store and simultaneously help your investment grow.
On other assets, users can earn up to 17% annual interest, which is paid out daily.
The straightforward interface makes it simple to monitor and grow your portfolio. You can even take out a loan using your cryptocurrency as collateral.
Finally, on top of being an effortless place to buy LINK, Nexo provides competitive rates and instant cashback, and you can even spend your cryptocurrency with the Nexo Card.
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