Quick summary: Our recommendation is to use the crypto exchange Swyftx to buy Chainlink. They have over 300 cryptocurrencies available, have a fantastic app and great customer support. You also get $20 free BTC once you start trading!

Sign up with Swyftx

Chainlink

Australia has a good amount of reliable and regulated cryptocurrency trading platforms, so it’s quite easy finding an exchange that has Chainlink. While each one comes with its own feature-set and fee structure, most crypto exchanges function very similarly when it comes to buying crypto.

Let’s get into it!

How to Buy Chainlink in Australia

There are only 4 main steps involved and it’s pretty straightforward:

  1. Choose a crypto exchange
  2. Sign up with the exchange
  3. Fund your account with AUD
  4. Buy Chainlink

1. Choose a crypto exchange

As mentioned above, we have plenty of options when it comes to Australian crypto exchanges. While that’s great, you ideally want to do a bit of research so you can use one that has a decent fee structure and more importantly, has Chainlink in its list of cryptocurrencies.

Personally, we really like Swyftx, they have over 300 cryptocurrencies, a very smooth process for buying crypto, and their support team has been fantastic.

And if you sign up through our site, you’ll get 20$ worth of free BTC once you start trading, which is always nice.

So for this guide on buying Chainlink, we’ll be using Swyftx as the exchange to go through. Any exchange would work of course, as long as they offer Chainlink.

Alternatively, if you want to know more about the exchanges we recommend, look at our list of the bitcoin trading platforms.

2. Sign up with the crypto exchange

Once you’ve decided on which exchange to use, it’s time to sign up.

Sign up with Swyftx and grab $20 free BTC.

Swyftx has a very streamlined sign-up process in place. The first step is to fill in the sign-up form.

Next up is to go through their basic verification process, called a KYC, which is required by law here in Australia. This should be very quick and easy.

Once done, it’s time for the next step.

3. Funding your account with AUD

To buy Chainlink, you first need to transfer AUD to your Swyftx account using one of the many deposit methods available. From bank transfer to PayID, POLi pay and credit cards, plenty of options to choose from.

Swyftx Deposit Methods

4. Buy Chainlink

The final step is to go to their asset list, find Chainlink, navigate to the buy section, and then trade your AUD for some LINK. Once you’ve bought Chainlink, you can track how much you’ve gained or lost either in the app (they have a great app), or on desktop on the left-hand side under your cryptocurrency list.

Where to Buy Chainlink (LINK)

ExchangeRatingCryptocurrenciesSite
Swyftx logo5/5300+ cryptocurrenciesVisit Swyftx
CoinSpot logo4/5200+ cryptocurrenciesVisit Coinspot
binance logo3/5400+ cryptocurrenciesVisit Binance

Disclaimer: Trading, investing, and dealing with digital and cryptocurrencies might involve a lot of risks. Their prices are volatile and performance is unpredictable. Their past performance is no guarantee of future performance.

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How to Sell Chainlink

If you’re thinking about selling Chainlink, just follow the steps below.

  1. Sign in to the cryptocurrency trading platform (like Swyftx).
  2. Click on Chainlink in your list of cryptocurrencies, or find your trading account if you’re using an exchange with different accounts.
  3. FInd the sell section and sell Chainlink for AUD, or trade it for another cryptocurrency.

Frequently Asked Questions

Is buying Chainlink in Australia legal?

Yes, you can legally buy and trade cryptocurrencies in Australia. We do of course recommend only using crypto exchanges regulated by AUSTRAC.

How to buy Chainlink with PayPal?

Unfortunately, most crypto exchanges in Australia don’t support PayPal. The only exchange that you could use is eToro, but their cryptocurrency list is quite limited so you might not find Chainlink. Have a look on their site first, you might be lucky.

How to buy Chainlink with a credit card or debit card?

Most top exchanges support buying crypto with a credit or debit card. We would recommend Swyftx to buy Chainlink with your credit/debit card.

About Chainlink

Chainlink, a layer of blockchain abstraction, was established in 2017. It allows universally connected smart contracts. Chainlink, a decentralized Oracle network, allows blockchains secure interaction to external data feeds. It provides crucial off-chain information that complex smart contracts require in order to be the dominant digital form of agreement.

Chainlink Network is powered open-source by a community of data providers, node operators, smart contract developers, and researchers. Security auditors are also involved. This company aims to ensure decentralized participation of all node operators who wish to contribute to the network.

Chainlink was the first network to allow the integration of off-chain data into smart contracts. Chainlink is a trusted partner, and one of the most prominent players in data processing. Chainlink's integration with off-chain data has attracted attention from many trusted data providers like Alpha Vantage and Brave New Coin. Chainlink access can be directly sold to data providers, allowing them monetize their information.

Chainlink is a decentralized network which allows users to become node operators and generate revenue. It also provides the data infrastructure needed for the success of blockchains. Chainlink is powered jointly by many node operators, who together run several decentralized Price Feed Oracle networks. These networks generate billions of dollars annually for top DeFi applications like Synthetix or Aave.

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