Generally, Cryptocurrency trader do lot of research, take advise from finance professional experts and then come to conclusion which cryptocurrency (for example ChainLink) to be selected for investment. Although next question comes to his/her mind is that where and how can he/she trade, exchange or buy selected cryptocurrency as there are lot of crypto exchange platforms available in market. Neither all cryptocurrency platforms are available in all countries nor all platforms support all cryptocurrency coins. So, here in this article we have provided a list of Crypto Exchange platforms to buy ChainLink and with some steps for guidance. We also must consider other factors like trust base, reviews, average ratings of trading platform along with if there any special offers for first sign up. One more important thing is how much brokerage will be charge while buying or selling ChainLink coin.
ChainLink is decentralized network that offers ability for smart contract to deal with external inputs and outputs. With the help of external connectivity ChainLink enables contract to get triggered by external events or data. There is no single point failure problem with ChainLink like oracles which gives it makes ChainLink more reliable and secure. If you want to know more details and price prediction of Chain Link for next upcoming 10 years, then you may also read our other article provided below.
Top 10 Chainlink Trading Platform
- Coinbase Pro
- Huobi Global
Best Trading Platforms for ChainLink are as follows. The numbering is given on random basis so there is no relation between numbers and their level of trust or performance. But according their popularity and reviews below platform are more trustworthy than other platforms to buy LINK coin or any other cryptocurrencies. Also, they provide multiple trading options in terms of Cryptocurrencies as well as Smart Token Funds.
General steps to buy LINK coin are as follows which are common for all platforms.
- Sign Up or Create your Account :-
You have to enter your basic details like email, full name, user ID, mobile number and then login with your credentials that is user ID and Password(you entered while sign up process).
- Verify KYC :-
You can not start trading directly after your 1st Login, you 1st need to verify your account as per KYC guideline in your local authorities or country. You need to provide your ID proof, residential proof along with Bank Account details. Some platforms also demand for cancelled cheque photo. This process may take up to 1 to 2 weeks, it varies cryptocurrency trading platforms to platforms.
- Buy ChainLink Coin :-
Once KYC is successful you are eligible to buy or sell cryptocurrencies available on you selected trading platform. But wait there is a catch here, many platforms do not offer you to directly but any altcoin/cryptocurrencies, you either need to add money to their wallet or 1st purchase Bitcoin(BTC) or Tether USD (USDT), then you can buy ChainLink coin using BTC or USDT available in your wallet.
So, it is 2 step process for many crypto trading platforms. It may vary for some cryptocurrency exchange platforms but in general this is normal process.
How to Buy ChainLink Coin with Credit Card or PayPal?
We would never recommend any of our user or reader to use your credit card or PayPal account for buying cryptocurrencies like ChainLink. As cryptocurrency market is very volatile in nature and there are more chances that you may lose almost all your investment. You should always consult with your financial advisor before making any investment related decisions. You should invest at your own risk as cryptocurrency trading is high profit, high risk kind of investment. There are few platforms still offers to use Credit Cards for buying cryptocurrencies. Few of them are as listed below :-
We do not provide any investment advice in cryptocurrencies. Please go through our disclaimer page for more details. We hope above article is useful to you for understanding multiple ways to buy, sell or trade ChainLink (LINK) coin.