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What is LINK

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.


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

How to buy Chainlink?

Why buy LINK with OKX?

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

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

What can I do after I buy LINK?

Cryptocurrency is a new class of digital assets popularized by Bitcoin (BTC). While cryptocurrencies or digital/virtual currencies work much like their traditional fiat counterparts, the biggest difference between the two is the lack of centralized infrastructure and banks.


Where fiat currencies are issued by and kept in banks, digital currencies are issued via distributed mechanisms that follow strict consensus protocols. This translates into cryptocurrencies being stored on blockchains which are largely immutable, much more transparent and globally accessible.


Given their utility and growing list of use cases, cryptocurrencies are gaining popularity and one way to buy cryptocurrency is to use a reliable crypto exchange like OKX. On OKX, users can sign up, verify their identities and start buying Bitcoin and other cryptocurrencies instantly using credit cards, debit cards, bank transfers and other supported payment methods.


Typically, when you buy cryptocurrency, you have to store it in a dedicated wallet, but the security of your digital assets depends on how safely your private key is kept. Every cryptocurrency wallet has a private key which allows complete access to the stored digital assets. If you lose your private key, you effectively lose your funds.


Using an exchange like OKX also facilitates users because their newly purchased or traded digital assets are kept securely on the platform and are credited into users' accounts, available to be sold or transferred as required.


Ultimately, users should always buy cryptocurrency from a reliable exchange, and if they withdraw their digital assets to a personal wallet, they should keep their private keys safe and backed up to ensure the security of their funds.


How to buy Chainlink and store it safely?

Want to learn more before you buy Chainlink?

Get detailed information about cryptocurrencies listed on OKX, including their tech, founders and price history.
FAQ
  • What is Ethereum?
  • What is a smart contract?
  • How do I invest in Chainlink?
  • What is DeFi?
  • What are LINK tokens used for?
  • What are the most popular cryptocurrencies to invest in today?
  • What are the top cryptocurrencies I can buy on OKX now?

Cryptocurrency is a new class of digital assets popularized by Bitcoin (BTC). While cryptocurrencies or digital/virtual currencies work much like their traditional fiat counterparts, the biggest difference between the two is the lack of centralized infrastructure and banks.


Where fiat currencies are issued by and kept in banks, digital currencies are issued via distributed mechanisms that follow strict consensus protocols. This translates into cryptocurrencies being stored on blockchains which are largely immutable, much more transparent and globally accessible.


Given their utility and growing list of use cases, cryptocurrencies are gaining popularity and one way to buy cryptocurrency is to use a reliable crypto exchange like OKX. On OKX, users can sign up, verify their identities and start buying Bitcoin and other cryptocurrencies instantly using credit cards, debit cards, bank transfers and other supported payment methods.


Typically, when you buy cryptocurrency, you have to store it in a dedicated wallet, but the security of your digital assets depends on how safely your private key is kept. Every cryptocurrency wallet has a private key which allows complete access to the stored digital assets. If you lose your private key, you effectively lose your funds.


Using an exchange like OKX also facilitates users because their newly purchased or traded digital assets are kept securely on the platform and are credited into users' accounts, available to be sold or transferred as required.


Ultimately, users should always buy cryptocurrency from a reliable exchange, and if they withdraw their digital assets to a personal wallet, they should keep their private keys safe and backed up to ensure the security of their funds.