Chainlink is one of the most promising blockchain projects at the present time. If you are interested in Chainlink, we also have a Chainlink price prediction article. Meanwhile, this guide below will show beginners how to buy Chainlink (LINK) with US Dollars. If you are already familiar with buying normal cryptocurrencies (BTC or ETH) with your USD, you can skip step 1 and go ahead to step 2 directly.
Step 1 – Exchange your USD to ETH
Head over to Coinbase to sign up for an account. After you have done this, you can go ahead and buy Ethereum.
Buying ETH with a debit card would be the quickest option. You can buy Bitcoin or Litecoin instead, but you want to make sure you have ETH to cover network fees.
Step 2 – How to buy Chainlink from Switchain
Visit Switchain‘s cryptocurrency exchange.
Select Ethereum under “I have” and LINK under “I want”. Click “Get Best Exchange Rate”.
You do not need to make an account or provide personal information.
Step 3 – Enter your Chainlink wallet address
The next page will show you the exchange rate. After you approve the rate you will need to input your LINK address and a refund address for your ETH. ERC20 tokens (like LINK) use ETH as gas. Make sure the address that you send the LINK to also has some ETH, or you won’t be able to move your LINK tokens.
Step 4 – Transfer your ETH and get your LINK
You will be provided with an Ethereum address. Send the correct amount of ETH and the LINK will automatically deposit into your wallet.
You’re done! That’s all it takes. You will be redirected to a confirmation page.
Switchain is an instant non custodial cryptocurrency exchange. Our user user-friendly platform makes trading crypto easy and fast. We work with different cryptocurrency trading partners to guarantee the best cryptocurrency rates to our clients.