How to Buy Chainlink (LINK) in Australia

1. Choose a crypto exchange

First things first, you need an exchange that both has Chainlink, and is trustworthy!

You can find our top 3 exchanges for buying Chainlink here, alternatively you can also check our comparison of the best cryptocurrency exchanges in Australia if you’re generally interested in seeing which exchanges work for Australians.

2. Sign up with the crypto exchange

Once you’ve chosen your crypto exchange, it’s just a matter of signing up and getting your account verified. Most exchanges have streamlined this process very well so it shouldn’t take long.

3. Fund your account

The next step is to transfer AUD or another cryptocurrency into your account. Most top crypto exchanges offer various payment methods. From bank transfer to PayID, POLi pay and credit cards, it’s very straightforward.

4. Buy Chainlink

And of course, the final step is to find Chainlink on the exchange and buy it. A lot of exchanges offer different ways of buying cryptocurrencies, like market orders and limit orders.

Where to Buy Chainlink (LINK)

ExchangeRatingAvailable CryptocurrenciesFeesVisit Site
Swyftx Logo5/5350+0.6%VISIT SITE
Binance Logo4.5/5300+0.1%VISIT SITE
Digital Surge Logo4/5200+VariesVISIT SITE

How to Sell Chainlink

  1. Sign into the exchange
  2. Find where you stored your Chainlink, either on a hardware wallet or on the exchange.
  3. Transfer your Chainlink to the right place on the exchange, it could just be the same wallet or a dedicated trading account.
  4. Sell Chainlink.
Businessman looking at crypto trend

Considerations when looking to buy Chainlink.

Chainlink, a blockchain abstraction layer, was founded in 2017. It enables universally connected smart contract. Chainlink is a decentralized Oracle network that allows blockchains secure interaction with external data feeds and events. It also provides the crucial off-chain information required by complex smart contracts in order to be the dominant form digital agreement.

Chainlink Network is powered by an open-source community that includes data providers, node operator, smart contract developers and researchers. Security auditors are also involved. This company is focused on ensuring decentralized participation for all node operators looking to contribute to the network.

Chainlink was one of the first networks that allowed the integration of off-chain data in smart contracts. Chainlink is a trusted partner and one of the leading players in data processing. Chainlink's integration of off-chain data has attracted the attention many trusted data providers such as Alpha Vantage, Brave New Coin and Huobi. Chainlink can be sold access to data providers directly, allowing them to monetize the information they have.

Chainlink is a decentralized network that allows users to become node operator and generate revenue while running the critical data infrastructure necessary for blockchains' success. Chainlink is powered by a large number of node operators who collectively run a variety of decentralized Price Feed Oracle networks. These networks currently generate billions of dollars for top DeFi applications such as Synthetix and Aave.