How to Buy ChainLink Token (LINK)
Learn all about Buy ChainLink Token
Price of ChainLink Token Today (24h)$18.53
-5.5%ChainLink Token (LINK) is a token issued on the cross. Through the collective efforts of the ChainLink Token development team and community members, the number of applications supporting LINK has been gradually increasing, demonstrating significant potential within the crypto industry. More and more people are becoming interested in ChainLink Token. They wish to invest or purchase ChainLink Token (LINK), but may not know how to get started. Here, we will guide you through all the information you need to know about purchasing ChainLink Token. Regardless of your location, Bitrue can provide you with a simple and secure way to buy LINK.
Where and how to buy ChainLink Token
When it comes to purchasing ChainLink Token (LINK), users may focus on various factors, such as cryptographic wallets, on-chain protocols, and other complex operations. Fortunately, Bitrue exchange allows you to buy ChainLink Token in a simple and quick manner. Just register through the official website or app, verify your identity, set up your payment methods (such as credit cards/debit cards/bank transfers), or deposit cryptocurrencies to your Bitrue wallet for spot trading. The purchased LINK will be stored in your crypto wallet account to ensure asset security. Below is a step-by-step guide on how to buy ChainLink Token (LINK) through Bitrue.
Steps to Buy ChainLink Token (LINK)
01Step 1 Create a Bitrue Account
- - Register through the official website, Bitrue.com.
- - Download the Bitrue App and complete the registration process.
- After successfully registering your Bitrue account, follow the security prompts on the website or app to enable Google 2FA for account dynamic verification.
02Step 2 Complete KYC Verification
Visit the identity verification page on the Bitrue official website or app, select your country or region, upload valid identification documents, and submit a selfie. Once the identity verification is successful, you will receive a notification.
03Step 3 Choose the method to Buy ChainLink Token (LINK)
Buy ChainLink Token Over-the-Counter (OTC)
- 1. Click on "Quick Buy" on the Bitrue official website or app. Choose "Credit Card" or "Bank Transfer" as the payment method.
- 2. Note: Purchasing ChainLink Token (LINK) using "Credit Card" or "Bank Transfer" on Bitrue requires user identity verification. Please provide identity verification documents as per our platform's instructions.
- 3. Select ChainLink Token (LINK) from the list of cryptocurrencies.
- 4. Enter the quantity of LINK you wish to purchase.
- 5. Connect your credit card or bank account.
- 6. Confirm and complete the payment process.
- 7. Transaction completed.
Buy ChainLink Token through Spot Markets
- Note: Currently, the most popular ChainLink Token spot trading pairs include LINK/USDT and LINK/USDC. Before purchasing ChainLink Token (LINK) in the spot market, please ensure that your Bitrue wallet has a sufficient amount of cryptocurrencies (e.g. USDT, USDC). If your account does not have enough cryptocurrencies, you will need to recharge your Bitrue account.
- 1. Click on "Trade" -> "Spot" on the Bitrue official website or app.
- 2. Select ChainLink Token (LINK) from the list of cryptocurrencies.
- 3. Enter the quantity of LINK you want to purchase, either at the market price or set a target price for buying ChainLink Token.
- 4. Confirm the purchase order.
- 5. Transaction completed.
- If Bitrue exchange currently does not support the above methods for purchasing ChainLink Token (LINK), users can only deposit LINK assets into their Bitrue accounts through a cryptocurrency wallet or choose a decentralized exchange (DEX) that supports LINK trading pairs for purchasing.
04Step 4 Successful Purchase
- The purchased ChainLink Token assets are stored by default in your Bitrue cryptocurrency wallet or trading account. You can use Bitrue to trade other cryptocurrencies, stake for passive income, or withdraw it to an external ChainLink Token cryptocurrency wallet.
- Note: If you have not received your ChainLink Token (LINK), visit the help center or contact online customer support for assistance.
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Alternative methods to acquire ChainLink Token
Apart from directly buying ChainLink Token (LINK), what are the alternative methods to acquire ChainLink Token ?
Fixed Auto-Investment in LINK
Regularly invest a fixed amount at scheduled intervals in ChainLink Token (LINK) digital assets, enjoying both short-term returns and long-term benefits.
Staking LINK
Flexible staking of ChainLink Token (LINK) digital assets to earn interest or high returns in other cryptocurrencies.
Get ChainLink Token (LINK) for free
If you have enough time, you can obtain ChainLink Token for free through the following methods:
- Invite friends to join the Bitrue coupon event and earn free ChainLink Token (LINK).
- Join the Bitrue Rewards Center, participate in ongoing challenges and airdrops to receive free ChainLink Token.
- All cryptocurrency airdrops and rewards can be exchanged for LINK through coin-to-coin exchange or spot trading.
How to keep your ChainLink Token safe and secure
Once you have purchased ChainLink Token, it is crucial to store it in a secure location. Bitrue is a secure, transparent, technologically stable, and user-friendly cryptocurrency exchange. Bitrue allows you to store ChainLink Token and other digital assets in the encrypted wallet of your platform account, enabling you to trade, deposit, and withdraw anytime, anywhere.
If you are highly familiar with operating on-chain ChainLink Token wallets, you also have the option to store ChainLink Token (LINK) separately in a personal encrypted wallet. This wallet serves to keep your ChainLink Token secure and accessible, allowing you to send and receive it while maintaining control.
To ensure the security of your ChainLink Token, consider the following types of encrypted wallets:
- Mobile Wallets: Store your private key in an application on your smartphone.
- Web Wallets: Third-party-controlled online servers that store your private key.
- Desktop Wallets: Computer programs that allow you to store your private key on a hard drive.
- Hardware Wallets: Physical devices for offline storage of private keys.
Note: Cryptocurrency wallets do not technically store your ChainLink Token encrypted assets. Instead, the assets remain on the blockchain, and access is granted using the digital private keys stored in the wallet.
Why Bitrue is the Best Platform for Buying ChainLink Token (LINK)
User-friendly Interface
Trading cryptocurrencies on Bitrue is a breeze, requiring just a few simple steps to instantly purchase ChainLink Token.
Swift Deposits and Withdrawals
Our efficient real-time trading system ensures your ChainLink Token assets are instantly depositable and withdrawable.
Security and Stability
With dual-factor authentication, multi-signature support, and cold-hot wallet segregation technology, we ensure the systematic security of ChainLink Token.
Get LINK with Bitrue
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Some market stats about LINK
Price Analysis
LINKChainLink Token Price Now:
$18.53-5%24H
ChainLink Token is falling this week.
The price of ChainLink Token has dropped by -15.77% in the last 7 days. It has seen a -5.5% decrease in the past 24 hours and a -0.16% decrease in just the last hour. The current price is $18.53 per LINK. ChainLink Token is dropped -64.24% from its all-time high of $51.82.
Buy ChainLink Token NowSandbox Testing
Calculate the Returns on Your ChainLink Token Investment
How much profit would I have if I bought $ worth of ChainLink Token in ?
CalculateReturns based on the average ChainLink Token price for that year. Not financial advice.
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How to buy other cryptocurrencies
There are lots of ways to buy, swap, and convert crypto. Learn more about how you can do it all using Bitrue with our how to buy crypto guide.
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FAQ About Buy Crypto
What is ChainLink Token?
Chainlink is a blockchain-based middleware, acting as a bridge between cryptocurrency smart contracts and off-chain resources like data feeds, various web APIs, and traditional bank account payments. This way, Chainlink allows Smart Contracts to communicate with external resources on their own. LINK is an ERC20 token based on the Ethereum Blockchain. It is used to pay Chainlink Node operators for the retrieval of data from off-chain data feeds, formatting of data into blockchain readable formats, off-chain computation, and uptime guarantees they provide as operators. The Chainlink token is also used as a collateral for node operators, which prevents bad actors.
How many ChainLink Token are there in total?
The total supply of ChainLink Token is 1,000,000,000 and the Circulating Supply is 678,099,970 .
Why are people buying ChainLink Token?
People buy ChainLink Token for various reasons. Some view it as an investment, expecting its value to increase, while others appreciate its decentralization and anonymity, seeking to avoid restrictions of traditional financial systems. Additionally, ChainLink Token serves as a digital asset with transactions independent of central authorities. Overall, motivations for purchasing ChainLink Token include investment, risk diversification, and trust in new digital assets.
Should I buy ChainLink Token?
Deciding whether to buy ChainLink Token depends on individual financial goals, risk tolerance, and understanding of the digital asset market. ChainLink Token investments involve market volatility and risks, so it's advisable to thoroughly understand its characteristics and market conditions before purchasing. If you have investment experience, can withstand price fluctuations, and are willing to accept potential losses, buying ChainLink Token (LINK) may be a suitable investment choice. However, remember that all investments come with risks.
Can I use cash to buy ChainLink Token?
Generally, buying ChainLink Token digital assets by cash is relatively challenging, as most cryptocurrency exchanges prefer electronic payments or bank transfers.
How much does it cost to buy 10 LINK?
To purchase 10 LINK, the cost in USD would be $185.3.
How to use Google Pay to buy LINK?
Currently, Bitrue does not support purchasing LINK or adding fiat currency using Google Pay.
What can I do with ChainLink Token?
You can use ChainLink Token to pay for goods and services, invest, transfer and remit, preserve assets, participate in DeFi, donate, and more.
How to sell my ChainLink Token?
If your Bitrue wallet does not hold ChainLink Token, you need to deposit LINK into your Bitrue account. If you already have LINK, log in to your trading platform account, find the Sell option, usually located on the OTC or market trading page. Enter the quantity of LINK you want to sell, select the selling price, confirm the sell order, and once your LINK is successfully sold, you can withdraw funds to your set bank account or other payment methods.
Can I purchase ChainLink Token (LINK) worth 1 US dollar?
In theory, ChainLink Token (LINK) can be divided into many units of 1 US dollar each, but on Bitrue, the minimum order amount for LINK is 10 US dollars.
Disclaimer
Cryptocurrency markets are highly volatile and can experience rapid price fluctuations. You are solely responsible for your investment decisions and Bitrue is not liable for any losses you may incur. We rely on third-party sources for price and other data related to the cryptocurrencies listed above, and we are not responsible for its reliability or accuracy. The information provided on this platform and any associated materials are for informational purposes only and should not be considered as financial or investment advice.
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