What security measures does Swyftx implement?

Swyftx employs a range of advanced security measures to protect user funds and personal information and has been awarded ISO27001 certification for information security. Swyftx also conducts regular security audits. You can find more information on our security practices here.

What deposit methods does Swyftx support?

You can deposit Australian dollars (AUD) into Swyftx via a number of methods including: Bank transfer OSKO PayID Credit or debit card Swyftx also allows you to deposit cryptocurrency from another wallet into your account.

What are Swyftx's trading fees?

Swyftx has a trading fee of 0.6% for all buy and sell orders. In addition to the trading fee, Swyftx applies a spread to each cryptocurrency trade.

Buy Chainlink (LINK)

LINK

24H Change

24H Volume

Global Rank

#14

Market Cap

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1 LINK = $0

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Chainlink Price

About Chainlink (LINK)

Chainlink is a decentralised oracle network that enables universally connected smart contracts. The Chainlink network allows blockchains to interact with external feeds to source off-chain information needed for smart contracts. It does this by connecting APIs to smart contacts making smart contract data feeds on blockchains secure and tamper-proof and is easy to integrate with payment providers. This allows the easy distribution of smart contracts. Chainlink is predominantly used by project developers looking to integrate Chainlink into their projects.

LINK token is the native cryptocurrency of the Chainlink network and is the form of payment required to access the core operations of the network. More specifically, users of the network will use LINK to pay those who operate nodes that are used for data retrieval. The maximum supply of LINK tokens is 1 billion and there is currently less than 50% in circulation (circulating supply). You can buy, sell and trade Chainlink on Swyftx; Australia’s top-rated crypto exchange.

Want to learn more about Chainlink and other altcoins? Head to our guide to our deep dive on Chainlink, available on Swyftx Learn.

Resources

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@chainlink

r/Chainlink

How to Buy Chainlink (LINK) in Australia

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Chainlink FAQs

Chainlink FAQs
Swyftx FAQs

What are Chainlink oracles?

The purpose of Chainlink is to bridge the gap between blockchain-based smart contracts and real-world applications. Nodes within the Chainlink network are referred to as Oracles. Oracles are designed to retrieve external data for blockchains that trigger smart contract execution upon the completion of predefined conditions. Essentially oracles act as intermediaries that translate data between real-world applications and smart contracts.

How do I buy Chainlink in New Zealand?

There are a few different ways invest in Chainlink (LINK) in New Zealand. It’s generally considered that the easiest and most convenient way to buy and sell LINK tokens is on a Cryptocurrency exchange such as Swyftx. The process of signing up for and then verifying your identity takes minutes. Once your identity is verified, you’ll be required to deposit Australian dollar (AUD) into your account and then enter the quantity or value of Chainlink you would like to purchase and click ‘Buy LINK.’ Once you have successfully purchased the digital asset, it will be stored in the wallet integrated into your account.

Where is the best place to buy Chainlink?

The best place to buy Chainlink is right here at Swyftx! Swyftx offers a fast, secure, and user-friendly platform that allows traders to easily deposit Australian dollars to trade Chainlink and other cryptocurrencies instantly. We offer competitive fees and excellent customer support and we are proud to be Australia's highest-rated crypto exchange as per our Trust Pilot Reviews.

How is the price of Chainlink determined?

The price of Chainlink is determined by the forces of supply and demand in the market. Similar to other assets, the price of Chainlink is determined by the number of buyers and sellers in the market at any given time.

Some significant factors that can influence the demand for Chainlink are adoption rates, Macro economic factors, News events, upgrades and advancements in its tech and investor sentiment.

Can I buy Chainlink with credit card?

Swyftx does not allow you to directly buy Chainlink with credit card, however, we do support credit and debit card deposits. Once your deposit has arrived in your account, you can then buy Chainlink instantly.

Top Traded Assets on Swyftx

By number of orders

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Period: Last 24 hours (AUD)

LINK Buys and Sells

By number of orders

61%
Buys

39%
Sells

Period: Last 24 hours

This should not be used to make investment decisions.

Swyftx Learn

What is Chainlink (LINK)?

Chainlink is a decentralised oracle network. Find out more about how Chainlink works including oracles, nodes and the LINK token.

Disclaimer: The information is for general information purposes only and should not be taken as investment advice, personal recommendation, or an offer of, or solicitation to, buy or sell any assets. It has been prepared without regard to any particular investment objectives or financial situation and does not purport to cover any legal or regulatory requirements. Customers are encouraged to do their own independent research and seek professional advice. Swyftx makes no representation and assumes no liability as to the accuracy or completeness of the content. Any references to past performance are not, and should not be taken as a reliable indicator of future results. Make sure you understand the risks involved in trading before committing any capital. Never risk more than you are prepared to lose. Consider our Terms of Use and Risk Disclosure Statement for more.