How to Buy Chainlink (LINK) in Canada

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You can buy LINK right away at the best rates and fund your account with an e-Transfer or wire and buy when the price is just right!

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What is Chainlink?

Sergey Nazarov and Steve Ellis founded Chainlink and released the whitepaper in 2017, becoming Chainlink’s CEO and CTO, respectively. Built upon the same technology that powers Ethereum, Chainlink is more than another alt coin. In addition to providing value as a digital asset, it’s unique in the value it brings into the blockchain realm.

Chainlink provides a decentralized oracle network. An oracle is a data feed that connects blockchains to off-blockchain data. It allows communication of information that is not native to a blockchain via these decentralized oracles. Chainlink allows a secure connection to off-blockchain data for myriad uses such as:

• Scores of an NHL hockey game to settle bets.
• Risk assessment information to calculate an appropriate insurance premium.
• Accurate location data to use in supply chain tracking.
• Retail or banking information used to trigger a smart contract.

Chainlink obviates the need for a centralized source of data so that the purchasers and providers of data can conduct transactions securely. Providers of data use stakes of LINK tokens in order to make a bid. If they fail to act with integrity, these tokens are confiscated. Because it’s decentralized, anyone wishing to operate an oracle may do so. Every oracle receives an on-chain identity and a reputation to help data purchasers determine reliability.

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What is the best way to buy Chainlink in Canada?

Safe and Secure

Coinberry is the only FINTRAC registered and PIPEDA compliant digital currency trading platform trusted by Canadian Government municipalities.

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Quickly fund your account with e-Transfer or bank wire.

Based in Canada

Coinberry is based in Toronto and is trusted by thousands of Canadians as the go-to place to buy crypto in order to trade for Chainlink in Canada since 2017.

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You can buy LINK with Bitcoin.

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