In this comprehensive guide, you'll discover the safest and most reliable methods to purchase Chainlink (LINK)—a leading oracle network powering decentralized applications (dApps). Whether you're a beginner or an experienced investor, this tutorial covers everything from platform selection to payment options like credit cards, bank transfers, PayPal, and Apple Pay.
Table of Contents
- Best Platforms to Buy Chainlink (LINK)
- How to Buy Chainlink on Bitpanda
- How to Buy Chainlink on Binance
- How to Buy Chainlink on Bybit
- Alternative Ways to Buy Chainlink
- How to Earn Passive Income with Chainlink
- What Is Chainlink (LINK)?
- Next Steps After Buying Chainlink
- FAQs About Buying Chainlink
Best Platforms to Buy Chainlink (LINK)
Here’s a comparison of top-rated exchanges to purchase Chainlink (LINK):
| Platform | Key Features | Rating | Review | Sign-Up Bonus |
|---|---|---|---|---|
| Bitpanda | Ideal for beginners; supports crypto, stocks, and metals | 4.8/5 | Bitpanda Review | Get Bonus |
| Binance | Low fees, high liquidity | 4.2/5 | Binance Review | Get Bonus |
| Kraken | Secure and regulated | 4.2/5 | Kraken Review | Get Bonus |
| Coinbase | User-friendly, insured custodial accounts | 3.9/5 | Coinbase Review | Get Bonus |
How to Buy Chainlink on Bitpanda
Step 1: Fund Your Bitpanda Account
- Navigate to "Deposit" > "Fiat Currencies".
- Select EUR and choose a payment method (SEPA transfer or credit card).
- Confirm the transaction (minimum deposit: €25).
Step 2: Purchase Chainlink (LINK)
- Go to "Trade" > "Buy".
- Search for LINK, enter the amount, and complete the purchase.
How to Buy Chainlink on Binance
Step 1: Deposit Funds
- Verify your identity (KYC).
- Deposit via SEPA transfer (free) or credit card (1.8% fee).
Step 2: Convert to USDT
- Use the "Convert" tool to exchange EUR for USDT.
Step 3: Buy Chainlink
- Search for LINK/USDT on the Spot Market.
- Place a limit order (set your price) or market order (instant purchase).
How to Buy Chainlink on Bybit
Step 1: Deposit via SEPA or Card
- Choose "Fiat Deposit" and follow the instructions.
Step 2: Trade LINK/USDT
- Navigate to "Spot Trading" and execute your order.
Alternative Ways to Buy Chainlink
- PayPal: Supported on eToro (availability varies).
- Apple Pay: Available on select platforms like Bitpanda.
How to Earn Passive Income with Chainlink
- Staking: Earn ~0.30% APR on Binance (flexible staking).
- Lending: Loan your LINK for interest on Bybit.
- Trading: Swing trade LINK/USDT pairs (higher risk).
What Is Chainlink (LINK)?
Chainlink is a decentralized oracle network that connects smart contracts with real-world data. Its native token, LINK, incentivizes node operators to provide accurate information.
Next Steps After Buying Chainlink
- Secure Storage: Transfer LINK to a hardware wallet like Ledger.
Investment Strategies:
- HODL: Long-term holding.
- DCA: Dollar-cost averaging to reduce volatility risk.
- Stay Updated: Follow Chainlink’s official Twitter.
FAQs About Buying Chainlink
How do I buy Chainlink with a credit card?
Platforms like Binance and Bitpanda support credit card purchases.
Is Chainlink a good investment in 2025?
Yes, if you believe in the growth of DeFi and smart contracts.
What’s the minimum amount to buy LINK?
Typically €10–€20, depending on the exchange.
How do I stake Chainlink?
Use Binance Earn or Bybit’s staking pools.