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How to buy Chainlink(LINK) Guide

Updated on:  2024/05/20 17:17:26(UTC+0)
Coin rating
4.6
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In this tutorial, we will discuss:
1
Where and how to buy Chainlink
2
Alternative methods to obtain Chainlink
3
Methods to obtain Chainlink for free
4
What are the applications of Chainlink
5
Market stats to assist in determining optimal times for purchasing Chainlink
6
How to safely store your Chainlink
7
How to withdraw Chainlink

Where and how to buy Chainlink

Investing in Chainlink has never been easier. Simply sign up on Bitget, complete the identity verification process, and make payments using bank transfers, debit cards, or credit cards, all while ensuring security through crypto wallets. This is a widely adopted method to buy Chainlink. Here's a step-by-step guide on how to buy Chainlink on Bitget.

Step-by-step guide

Step 1: Create a Bitget account.

Sign up and download the Bitget app to start your journey on Bitget.

Step 2: Complete Bitget's identity verification.

Kindly verify your identity to ensure full compliance and enhance your Bitget experience.
You can access the identity verification page, fill out your country, upload your ID documents, and submit your selfie. You will receive a notification once your identity has been successfully verified.

Step 3: Place a Chainlink order through any of the various payment options provided.

Credit/Debit card: For Visa/Mastercard, select Credit/Debit card and then click Add New Card in the Buy Crypto tab.
Complete your payment on Bitget AppCredit/Debit in the Buy Crypto tab of the Bitget app
Enter the bank card details to complete your payment on Bitget WebsiteCredit/Debit in the Buy Crypto tab of the Bitget website
Select your preferred fiat currency, enter the amount you wish to spend, link your credit card, and then complete your payment with zero fees.
Complete your payment on Bitget AppAdd a new card to complete your payment on the Bitget app
Enter the bank card details to complete your payment on Bitget WebsiteEnter your bank card details to complete your payment on the Bitget website
For Diners Club/Discover card, click Buy Crypto > [Third Party] in the top navigation bar to place your Chainlink order.
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How to buy crypto with credit/debit card
Google Pay and Apple Pay: Turning your Google Pay and Apple Pay balance into Chainlink is easy and secure on Bitget. Click Buy Crypto > [Third Party] in the top navigation bar to place your Chainlink order.
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How to buy crypto via third-party gateway
Buy Chainlink via bank transfer: We accept iDeal and SEPA for EUR payments, PIX for BRL payments, PayID for AUD payments, UPI for INR payments, QRIS, DANA, and OVO for IDR payments, SPEI for MXN payments, and Gcash for PHP payments. Services are provided by the AlchemyPay, Banxa, Mercuryo, and Simplex payment gateways. Select Buy Crypto > [Third Party] in the top navigation bar, then select a fiat currency to place your Chainlink order.
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How to buy crypto on Bitget P2P
Buy Chainlink with your Bitget account fiat balance: You can Deposit fiat funds with Advcash, SEPA, Faster Payments, or PIX payment gateways to top up your Bitget fiat balance. Then, click Buy Crypto > [Cash conversion] in the top navigation bar to place your Chainlink order.
Zero-fee P2P trading: With Bitget P2P, you can buy crypto with over 100 payment methods, including bank transfer, cash, and e-wallets like Payeer, Zelle, Perfect Money, Advcash, and Wise. Just place an order, pay the seller, and you'll get your crypto. Enjoy secured transactions using escrow.

Step 4:Monitor Chainlink in your Bitget spot account

If you've chosen to purchase Chainlink on Bitget, your Chainlink will be instantly credited to your Bitget spot account upon payment completion. You can click Assets located on the top right corner of the page to check your assets. Additionally, you can buy, deposit, convert, trade, and withdraw them.
Check your Assets
Check your assets

Alternative methods to obtain Chainlink

In addition to purchasing Chainlink directly, there are numerous other ways to obtain Chainlink.

Convert crypto to Chainlink with Bitget Convert

Bitget Convert offers a secure, swift, and zero transaction fee method to convert crypto to Chainlink. Just choose your available crypto assets, specify the amount for the Chainlink swap, confirm, and check Chainlink instantly credited to your spot account. Ensure sufficient account balance before proceeding with the conversion.
Bitget Convert Preview
Bitget Convert preview

Swap on-chain assets to Chainlink with Bitget Swap

Unlike buying or selling crypto, swapping does not access traditional financial rails since fiat currencies are not involved. Bitget Swap supports over 250,000 cryptocurrencies on 30 major blockchains including Ethereum, Polygon, and Solana. You can exchange any other crypto to Chainlink anytime, anywhere, including cross-chain transactions. Transaction gas fees are automatically converted.
Click Trade > [Bitget Swap] in the top navigation bar to swap any other cryptocurrency for Chainlink.

Methods to obtain Chainlink for free

Using real money to buy Chainlink is not the only way to obtainChainlink. If you have the time to allocate, you can get Chainlink for free.
Learn how to earn Chainlink for free through the Learn2Earn promotion
Earn free Chainlink by inviting friends to join Bitget's Assist2Earn promotion
Receive free Chainlink airdrops by joining On-going challenges and promotions
All crypto airdrops and rewards can be converted to Chainlink through Bitget Convert, Bitget Swap, or Spot Trading.
Note: Want to keep tabs on coin prices? Visit our Coin prices directory or Chainlink Price Page and bookmark them to stay updated!
Chainlink
Chainlink Price Now:
LINK / USDT
$16.65
-0.18
-1.10%24H
The live Chainlink price today is $16.65 USD with a 24-hour trading volume of $15866664.11 USD. We update our LINK to USD price in realtime. LINK is -1.10% in the last 24 hours.
Are you planning to buy LINK?
See if other users are buying LINK:
Yes
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A welcome pack of 1000 USDT for new Bitgetters!
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How to buy Chainlink in other countries?

You can easily buy Chainlink (Chainlink) with the lowest fees and highest security wherever Bitget is available. Select your country in the search box below to start buying Chainlink in your preferred location:
This information is manually updated. If you come across any inaccuracies, please inform us at mail@bitget.com. Last checked on 2024-05-20.

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A welcome pack of 1000 USDT for new Bitgetters!

What can you do with Chainlink?

Now that you've secured your share of the digital revolution, it's time to take the next steps. Whether you're a seasoned investor or just starting out, explore our advanced trading features, like margin trading and futures trading, to amplify your potential returns. Keep an eye on the market through our intuitive interface and real-time charts, helping you seize opportunities as they arise. Consider staying ahead of market trends with Bitget's insightful educational resources, providing you with the knowledge you need to make informed trading decisions. Your crypto journey has just begun. With Bitget, you're positioned to navigate the exciting world of cryptocurrencies with confidence. And remember, our dedicated customer support team is here to assist you on your journey, addressing any queries you might have.
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Store/Hold Chainlink

Many users hold on to their Chainlink with the expectation of it increasing in value. You can store your LINK safely on your Bitget account or on our crypto wallet app BG Wallet, the most user-friendly and secure mobile wallet.

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Trade Chainlink

You can trade Chainlink for 150+ cryptocurrencies on Bitget’s industry-leading, fast, and secure trading platform. Bitget offers many trading pairs for Chainlink trading to meet your needs.

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Send Chainlink

Yes, Bitget allows you to easily transfer value around the world, fast. You can buy Chainlink online and send to anyone and anywhere with their Chainlink address.

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Spend Chainlink

You can also buy goods and services with your Chainlink. More and more vendors and retailers accept Chainlink every day.

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Donate Chainlink

Bitget Charity accepts Chainlink donations for global projects that aim to improve the lives of people in the bottom billion. You can donate Chainlink so no one misses out on the growth made possible by blockchain.

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Learn More About Chainlink

You can read more in-depth articles on Chainlink from Bitget Research and study how cryptocurrencies like Chainlink work on Bitget Academy

Market stats to assist in determining optimal times for purchasing Chainlink

Maybe you just need to know more about it. Let us briefly guide you through the most interesting Chainlink facts from our Bitget Academy articles. Learn why people buy Chainlink today!

What is Chainlink (LINK)?

Blockchain is a secure way to store and retrieve data partly because of its inherent self-contained nature, which means that data stored on one blockchain can be used only by that chain. This greatly limits the applications of blockchain technology in real life. That's where the blockchain oracle comes into play. Blockchain oracles connect data from all kinds of sources to the blockchain and enable the technology to have a lot more real-world applications than ever. The most well-known and widely-used oracle in the industry at the moment is Chainlink.

Chainlink is a decentralized oracle service provider that feeds off-chain data to blockchains. Being a decentralized network itself, Chainlink can make sure that the data and computation that it provides is more secure and trustless than those of centralized networks, because it eliminates the problem of one central point of weakness.

An impressive project is for sure developed by a no-less incredible team. Chainlink was established in 2017 by Sergey Nazarov and Steve Ellis, who were a teaching fellow and teaching assistant, respectively, at New York University. Before Chainlink, the dynamic duo had founded many notable blockchain-related projects and organizations, including SmartContract.com and Secure Asset Exchange. The Chainlink team even got former Google CEO, Eric Schmidt, former LinkedIn CEO, Jeff Weiner, and DocuSign co-founder, Tom Gonser, onboard as strategic advisors. With such a powerful team, it is no surprise that Chainlink prevails as the top oracle in the market.

How Chainlink (LINK) Works

When a blockchain that uses Chainlink oracle service requires off-chain data, it will open a Requesting Contract. Upon receiving the Requesting Contract, Chainlink puts out a Service Level Agreement Contract (SLA Contract) to signal its system to get the requested data by creating three sub-contracts as follows:

- Reputation Contract: verifying performance of data providers and ridding of those with bad track records

- Order-Matching Contract: matching the requirements of Requesting Contract with the right nodes

- Aggregating Contract: collect, validate, and reconcile data from chosen nodes

The data created by the SLA Contract will then be given to the requesting blockchain.

How Many Chainlink (LINK) Tokens Are in Circulation

LINK can be used to operate smart contracts on Chainlink, as well as be earned as rewards for service providers and node operators.

LINK's total supply: 1,000,000,000

LINK's circulating supply: 470,099,970

How to Buy Chainlink (LINK)

Consider investing in Chainlink (LINK)? It only takes 2 minutes to create an account on Bitget and start trading LINK.

Check out the available LINK trading pairs on Bitget!

Futures market

LINKUSDT

LINKUSD

Spot market

LINK/USDT

LINK/USDC

LINK/BTC

Related Chainlink(LINK) Pages

Whitepaper

Official Website

How to safely store your Chainlink

Many investors opt to hold onto their Chainlink for long-term investment. Safeguard your Chainlink with confidence using the Bitget Wallet, known for its industry-leading security and risk control, backed by Suntwin Technology, Qingsong Cloud Security, HEAP, and Armors. Sign up now to enjoy the perks of owning a Chainlink wallet at Bitget.

How to withdraw Chainlink with Bitget's hassle-free withdrawal process

Using an exchange is one of the most convenient methods to cash out your Chainlink or other crypto, and Bitget stands out as an excellent choice. With its user-friendly Buy/Sell buttons, Bitget simplifies the experience, allowing you to intuitively select the cryptocurrency you want to sell and specify the sell amount.
When it comes to withdrawing the Chainlink you've acquired, Bitget offers a seamless experience. Enjoy competitive fees, a flexible minimum withdrawal threshold, and lightning-fast delivery times within 24 hours, ensuring your is readily available for you.
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How to buy Chainlink(LINK) Guide

FAQ
How do I purchase Chainlink?
Nowadays, you can purchase and store Chainlink hassle-free on a CEX like Bitget. You can use your debit/credit card, bank transfer, or perform peer-to-peer trading to buy Chainlink. You can easily do it on your computer, tablet, iOS, or Android.
Can I buy US$1 worth of Chainlink?
In theory, Chainlink can be divided and bought in an amount that is worth US$1, but on Bitget, the minimum order amount on the spot market is limited to US$5.
Can I buy US$10 of Chainlink?
Yes, can be divided and bought in an amount that is worth US$10. On Bitget, the minimum order amount on the spot market is limited to US$5.
Where else can I buy Chainlink?
If a token is not available for purchase via the P2P market or debit/credit card. You can place a buy order for it via the spot market.
Where is the best place to buy Chainlink?
The best place to buy Chainlink is the exchange that provides hassle-free and secure transactions combined with a convenient interface and high liquidity. Millions of users every day choose Bitget as a trusted crypto purchase platform.
Should I buy Chainlink right now?
You should make a decision on purchasing or investing in Chainlink or other tokens after performing your own research and analysis. Bitget provides user-friendly crypto trading and purchasing services. Additional resources such as Bitget Academy and Bitget Insights help users to navigate the current market news and trends.
Cryptocurrency investment activities, including actions done to buy Chainlink online via Bitget, are subject to market risk. Bitget provides easy and convenient ways for you to buy Chainlink instantly, and we put our best efforts to fully inform our users about each and every cryptocurrency we offer on the exchange, but we are not responsible for the results that may arise from your Chainlink purchase. This page and any information in it is not meant to be interpreted as an endorsement of any particular cryptocurrency or method of acquiring it.