Ethereum is a global, decentralized blockchain network that is primarily used as an electronic database, or ledger, for applications and services to store transaction information and execute smart contracts. Due its smart contract capabilities, the blockchain is frequently used by DeFi lending and borrowing platforms. LINK, the utility Chainlink coin, is an Ethereum-based ERC-20 token that can be bought, sold and traded on exchanges such as OKEx.

What is a smart contract?

A smart contract is a set of instructions deployed in a manner such that it automatically executes once certain conditions are met. The terms of the agreement are coded directly into the contract itself, meaning that they cannot be altered or falsified. Chainlink serves as a middleman between smart contracts and outside data sources, such as price feeds. The demand for LINK, Chainlink's utility token that is required to connect its oracles with smart contracts, has helped to drive Chainlink price movements upward since the start of 2020.

How do I invest in Chainlink?

OKEx offers an easy, convenient, secure platform to invest in LINK, the utility token for Chainlink. If you are already signed up with OKEx, it's as easy as selecting the amount of LINK you want to buy, confirming the purchase and receiving the token in your account. If you are not yet signed up, it only takes a few clicks to get set up and start trading LINK.

Decentralized finance, or DeFi, is an umbrella term for systems that seek to provide financial services such as borrowing and lending without the need for a central intermediary like a bank. One of the most common uses of Chainlink is to feed real-world price data to smart contracts used by DeFi platforms. The success that DeFi has experienced has helped drive Chainlink price increases into the triple digits in terms of percentage points.

What are LINK tokens used for?

LINK is the utility token for Chainlink used to pay for the network's oracle services. Node operators receive LINK in exchange for their work, and they must stake LINK themselves as collateral in order to participate. LINK tokens are also bought, sold and traded as digital assets on exchanges such as OKEx.

Express P2P Trading

Learn My Orders

Settings Advertiser Status

Home >> cryptocurrency >> buy Chainlink

Buy Sell

1 LINK is roughly

28.58AED

Claim Mystery box rewards

You first crypto purchase with $50 or moreGet Mystery Boxes up to $500 now

You pay

AED

You receive

LINK

Pay with

VISA

How to buy LINK?
Here's how.

Select the fiat currency you want to purchase with and LINK from the dropdown menu under the "Buy" tab. Then, enter the amount of fiat currency you want to spend or the amount of LINK you want to buy.
Choose your preferred payment method.
Once the payment is confirmed, your purchased LINK will automatically be transferred to your OKX account.

What is Chainlink

Chainlink is a network made up of decentralized oracles that link with smart contracts on a blockchain, allowing them to interact with real-world information. LINK is the utility token on Chainlink that is used to pay for the network's services — although "LINK" and "Chainlink" are often used interchangeably. Chainlink news has been closely followed by many, as LINK's price saw a major increase from the start of 2020 to its all-time high of around $52 in May 2021. Chainlink price increases have been closely linked with the growth of the decentralized finance sector.

OKEx provides a fast, convenient, easy-to-use platform for monitoring Chainlink price changes.

Trade

24H

ALL

د.إ27.21

+د.إ2.604157 (+10.58%)

More information

Why buy Chainlink with OKX?

OKX is the best platform to buy Chainlink.

Simple
OKX makes it easy to buy Chainlink with a user-friendly interface
Flexible
OKX offers a variety of payment methods and supports numerous local currencies to help users buy Chainlink
Fast
OKX users can instantly buy Chainlink with credit card and have it deposited in their account in minutes

How to buy Chainlink at the best price?

Buy Chainlink at the best price

Chainlink was first developed in 2017 as a solution to the so-called "oracle problem" — the fact that smart contracts must rely on third parties for the external data they need to successfully function. The decentralized oracle network was developed as a way to ensure trust and raised $32 million in an initial coin offering that took place in late 2017, and its mainnet went live on Ethereum in mid-2019.

The supply of Chanlink's utility token, LINK, is fixed at 1 billion, with 350 million LINK currently in circulation. While the utility-focused Chainlink coin functions as a medium of exchange between Chainlink node operators and those using the service, Chainlink price movements have become major news stories. Thanks to the incredible growth of the decentralized finance sector and the token being listed on multiple exchanges, LINK saw its price increase by hundreds of percentage points during 2020, making Chainlink news and Chainlink price movements some of the most discussed topics of the year.

LINK can now be bought and sold on many cryptocurrency exchanges around the world, including on OKEx.

FAQ

What is Ethereum?
Ethereum is a global, decentralized blockchain network that is primarily used as an electronic database, or ledger, for applications and services to store transaction information and execute smart contracts. Due its smart contract capabilities, the blockchain is frequently used by DeFi lending and borrowing platforms. LINK, the utility Chainlink coin, is an Ethereum-based ERC-20 token that can be bought, sold and traded on exchanges such as OKEx.
What is a smart contract?
A smart contract is a set of instructions deployed in a manner such that it automatically executes once certain conditions are met. The terms of the agreement are coded directly into the contract itself, meaning that they cannot be altered or falsified. Chainlink serves as a middleman between smart contracts and outside data sources, such as price feeds. The demand for LINK, Chainlink's utility token that is required to connect its oracles with smart contracts, has helped to drive Chainlink price movements upward since the start of 2020.
How do I invest in Chainlink?
OKEx offers an easy, convenient, secure platform to invest in LINK, the utility token for Chainlink. If you are already signed up with OKEx, it's as easy as selecting the amount of LINK you want to buy, confirming the purchase and receiving the token in your account. If you are not yet signed up, it only takes a few clicks to get set up and start trading LINK.
What is DeFi?
Decentralized finance, or DeFi, is an umbrella term for systems that seek to provide financial services such as borrowing and lending without the need for a central intermediary like a bank. One of the most common uses of Chainlink is to feed real-world price data to smart contracts used by DeFi platforms. The success that DeFi has experienced has helped drive Chainlink price increases into the triple digits in terms of percentage points.
What are LINK tokens used for?
LINK is the utility token for Chainlink used to pay for the network's oracle services. Node operators receive LINK in exchange for their work, and they must stake LINK themselves as collateral in order to participate. LINK tokens are also bought, sold and traded as digital assets on exchanges such as OKEx.

Want to learn more before you buy LINK?

Get detailed information about cryptocurrencies listed on OKX, including their tech, founders and price history.

Buy chainlink from our trustworthy fiat partners

OKX P2P provides global users with secure, stable and fast digital currency trading services. At present, it has tens of millions of users, and its service scope covers more than 130 countries and regions around the world. With OKX P2P, you can trade at ease.

XanPool is the world's first automated peer-to-peer Crypto to Fiat platform. Instantly executing and settling transactions without taking custody of customer funds.

Coinify is the most trusted gateway to virtual currencies since 2014. We are a wallet-independent platform providing individuals with secure, fast and simple transactions in and out of the virtual currency space. Guaranteed low-rate at the time of purchase with equivalent amount delivery.

The global leader in fiat infrastructure for the crypto world, enabling fast and secure buying and selling of crypto through multiple payment methods.