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How to buy and sell LINK

How to buy and sell LINK

Explainers Trading

12 Feb 2020

What is LINK?

Chainlink is a blockchain project that aims to build bridges between payment services like PayPal and Visa, banks like HSBC and Wells Fargo, and blockchains like Ethereum and Bitcoin. It was created in 2015, and its ERC-20 LINK tokens were offered to the public during an ICO token sale in 2017.

Read the Chainlink whitepaper.

What is the value of LINK now?

What gives LINK its value?

Blockchain interoperability is vital to blockchain’s future success. Some blockchain projects resolve this issue with parent and child chains, while others use sidechains. Chainlink uses oracles, which act as agents to verify real-world data and prepare it to be recorded in a smart contract on the blockchain.

Buy and sell LINK for fiat currency

Currently, you cannot purchase LINK on our OTC marketplace. You can, however, buy Bitcoin, Ethereum or USDT, and then proceed to buy LINK on the spot market.

If you already own crypto, simply deposit the amount into your AAX account and trade it against LINK.

Trade LINK against other cryptocurrencies

On AAX, you can trade LINK against Bitcoin, Ethereum and USDT.

Trade anytime, on the go

With AAX’s mobile app you can stay on the top of your game at any time, on the go. You can download the app on Google Play, as well as the App Store.

Why trade with AAX?

Powered by LSEG Technology’s cutting edge matching engine, which is also at the heart of London Stock Exchange, and other traditional financial markets, AAX is a next-generation cryptocurrency exchange.

Integrity comes first
AAX is fully AML/KYC compliant and transparent.

Cutting-edge security
Multi-layered security systems, robust custody, fully audited.

Multi device support
Trade on browser, iOS, and Android app. AAX supports API.

All-in-one account
Trade across OTC, Spot, and Futures, deposit and withdraw, in one seamlessly integrated account.

What can you do once you own LINK?

Store/Hold LINK
Some users hold on to their LINK with the expectation of it increasing in value. You can store your LINK safely on your AAX account, a separate hot wallet or in cold storage.

Trade LINK
You can trade LINK against other cryptocurrencies on AAX.

From your AAX account, you can easily transfer value around the world. You can buy LINK online and send it to anyone and anywhere with a wallet that supports LINK.

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