Link Trading - Complete Chainlink Guide for Beginners

Anisa Batabyal
| 23 April, 2020 | 2 min

Chainlink (LINK) is one of the fastest-growing cryptocurrencies that provides tamper-proof and reliable inputs and outputs for complex smart contracts on any blockchain. You can connect to any external APIs and send payments anywhere with the help of Chainlink. LINK’s decentralized network enables to evaluate the same data before it becomes a trigger, and the overall value of the smart contract is maintained, which ensures reliability and security. Chainlink crypto is one of the best cryptocurrency to buy right now.

Let us guide you through the entire process on how to buy Chainlink:

#1 Go to www.coinswitch.co, and on the “to” converter, choose Chainlink, and put the amount of bitcoin you want to exchange for, say 0.1 BTC in this case.

#2 Then click on “View all offers”- after which you will come across the various exchanges that are supporting the “BTC to LINK” conversion pair. You can see, that exchanges like OKEx, Binance, and ChangeNow are supporting this pair- and the recommended offer is for OKEX, giving you a conversion rate of 189.4317 LINK. You can go with that or can choose for yourself.

#3 Let me go with the recommended offer, and after I click on OKEx, you will be redirected to this window, where you have to put the LINK wallet address, where you’d like to receive your funds after the transaction. There is a small “scan address” icon towards the right hand, which can be used, too.

Then you have to click on “I agree to the terms and conditions” and proceed.

#4 You will be redirected to this window, with the QR code, waiting to receive the transfer. Your order ID and recipient address will be available there too, which can be used to track the transaction till you receive the amount in your wallet.

You can read a detailed Chainlink price prediction for the future here.

About CoinSwitch

CoinSwitch.co is the world’s largest cryptocurrency exchange aggregator which supports 300+ coins and over 45,000+ pairs. It provides an easier way of trading through global exchanges like Binance, KuCoin, IDEX, Huobi, Ethfinex, HitBTC and Cryptopia without creating an account on them. If you are interested in buying cryptos, do give it a try!