With all the buzz around Chainlink, you may be trying to find the best exchange in Australia to buy, sell and trade the LINK token.
Chainlink has boomed in popularity thanks to the latest decentralised finance (DeFi) craze - which has created a lot of demand for LINK as the key oracle in the space.
This guide is to help Australians answer some of the most common questions we receive with regard to Chainlink (LINK) including:
• How do I buy Chainlink (LINK) in Australia?
• What is Chainlink?
• What is the best cryptocurrency exchange in Australia to purchase Chainlink (ETH)?
• What is the cheapest crypto exchange in Australia to buy Chainlink (ETH)?
Independent Reserve is Australia's most trusted exchange that was founded in 2013 and has grown to become the largest exchange in the country. They offer an easy to use platform that allows Australians to sign up, verify and get started within minutes to buy Chainlink.
Independent Reserve boast the lowest fees in Australia to buy Chainlink (LINK) and other cryptocurrencies.
Independent Reserve's exchange is available to customers worldwide who are looking to buy Chainlink (LINK). However, their key market focus is in Australia, New Zealand and Singapore.
They also have the largest range of deposit methods in Australia, which include PayID/Osko, EFT, POLi and SWIFT. This makes Independent Reserve the easiest, cheapest and fastest way for Aussies to buy Chainlink (LINK).
Their platform has a simple order book trading interface that makes it easy for first time investors to buy Chainlink (LINK) at the click of a button. Users have the option to place a market buy, meaning they can buy Chainlink or using the lowest sell price available instantly.
For example, a user can set a 'limit buy' for $1,000 AUD worth of Ethereum (ETH) at $1,000 AUD. This means that when the price of Ethereum (ETH) drops to $1,000 AUD - a $1,000 AUD buy order will execute for the user automatically.
CoinSpot is widely regarded as the most user friendly exchange for newbies in Australia to get started with Chainlink (LINK) and cryptocurrency.
Astoundingly, CoinSpot offer over 120 different altcoins, including Chainlink and many other decentralised finance (DeFi) projects.
CoinSpot's fees range from 0.1% - 1% when you use the instant buy feature.
One of the great things about CoinSpot is that they offer a secure and easy to use wallet for users to store their Chainlink (LINK) and other crypto's. This allows users to easily manage and convert to Australian dollars if they wish to sell.
CoinSpot also have an extremely clean dashboard that enables users to track their crypto portfolios performance over different timeframes.
Overall this platform is the most user-friendly and easy to navigate for new users looking to buy Chainlink. It is simple and fast to create an account, deposit AUD and purchase the latest cryptocurrencies.
Swyftx is a cryptocurrency exchange based in Brisbane Australia that offers a simple platform for Australians to buy, sell, trade and invest in over 100 different cryptocurrencies including Chainlink.
The exchange is designed for simplicity and is focused of making it easy for new users to buy cryptocurrencies in Australia.
If you wanted to compare more exchanges in Australia to buy cryptocurrencies like Chainlink, visit our dedicated Australian review page.
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