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How to Buy Chainlink (LINK) in the USA

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Chainlink (LINK) is a project attempting to rectify one of the biggest problems facing the blockchain sector, how to communicate information to and from the blockchain.  Chainlink seeks to create the world’s first blockchain oracle network. An oracle blockchain network would be able to leverage the same technologies found in traditional blockchains to ensure that the nodes in operations are functioning properly and their data is accurate. To learn more please visit our Investing in Chainlink guide.

We list the top 3 brokers that offer the ability to buy Chainlink (LINK) from the United States.

Important Considerations Before Buying Chainlink in the USA

As with getting involved in any form of trading, there are a number of important points you have to take into account when buying Chainlink in the USA. These can apply whether you are a brand new trader, or you are changing over to a new broker.

Market Volatility: Particularly with Chainlink and other cryptocurrencies, this is a point to be mindful of. Markets can move quickly and sharply in both directions. You need to ensure you have adequate risk management tools in place to help you stay protected.

Local Rules and Regulations: These rules will vary from place to place and country to country. It is important then that you familiarize yourself with such regulations so you can operate as effectively as possible.

Broker Trustworthiness: This is a huge consideration when choosing any broker to trade in any asset class. You are investing through them so you want to be sure your funds are as safe as possible. All services we have listed below have some of the best trust ratings in the industry.

Best Places to Buy Chainlink in the USA

Uphold

top exchange in the United States & UK, Uphold is an experienced and extremely innovative trading platform that should be able to meet your needs for trading across a number of cryptocurrencies including Chainlink (LINK). Beyond the ease of use and innovative features within the trading platform, what stands out about Uphold is the credibility it has gained in the industry.

Uphold offers both a desktop and mobile app trading experience that is extremely intuitive. The trading view is completely customizable with the assets that you trade the most, and is very easy to navigate while providing a modern feel on both desktop and mobile. It is a very popular and suitable choice, particularly for new traders.

Besides being visibly appealing, the Uphold trading platform allows you to place your trades with great ease. Just a couple of clicks and you can make trades directly from your deposit method without even having to wait for funds to clear to your account. This one-step ordering is another innovation from a company which prides itself on the usability of its platform. Uphold also provides the ability to execute limit orders.

Germany & Netherland residents are prohibited.

Read our Uphold Review or visit Uphold.

Uphold Disclaimer: Assets available on Uphold are subject to region. All investments and trading are risky and may result in the loss of capital. Cryptoassets are largely unregulated and are therefore not subject to protection.

KuCoin

KuCoin is a well-known name in the industry, and one of the most competitive when it comes to fees and trading costs. The exchange has grown exponentially from its early days of offering only crypto to crypto trading.  It now offers a varied range of services including a P2P exchange capability, and purchasing with credit or debit cards.

KuCoin currently offers Chainlink (LINK) cryptocurrency trading as well as over 300 other popular tokens.  It is often the first to offer buying opportunities for new tokens.

This exchange currently accepts USA residents.

Read our KuCoin Review or visit KuCoin.

Kraken

Kraken is a major cryptocurrency exchange worldwide with an excellent reputation and over a decade of operation to their name. They offer trading in Chainlink (LINK) and a wide range of other cryptocurrencies in both the USA and many other countries around the world.

The exchange is very competitive on fees that rival any of the other major exchanges with a maker fee of 0.16% and a taker fee of 0.26% that drops progressively the more you trade and can reach 0% and 0.1% respectively above a $10 million monthly trading volume.

Another big positive for the broker is that they make trading accessible to all levels of user. There are several different settings based on your level of experience that you can choose from for a more in-depth trading experience in terms of technical detail, yet the overall opinion remains that the trading environment is very user-friendly and intuitive. There are also a host of unique and innovative features to look out for including access to crypto futures trading, and leverage that can reach 50:1.

With a minimum deposit of just $1, there is no reason not to get started. Take a look at our full Kraken review, or visit Kraken to get started.

Daniel is a big proponent of how blockchain will eventually disrupt big finance. He breathes technology and lives to try new gadgets.