How to buy LINK (LN) in Australia

Learn how to buy LINK (LN) easily by following a step-by-step guide and comparing 10+ crypto exchanges.

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Where to buy LINK in Australia

Unfortunately, at this time no major exchanges in Australia offer this coin. However, you may be able to purchase it with another cryptocurrency, just be sure you're following all legal restrictions and requirements.

Consider buying a different cryptocurrency after comparing popular exchanges.

What to consider when buying LINK

LINK is the native cryptocurrency of the LINE ecosystem. Although the ecosystem can boast a significant user base, that does not guarantee an investment in LINK would be a success. All aspects of the coin and ecosystem need to be evaluated. Here are a few key aspects to consider:

  • Reward-driven design: As per its whitepaper, LINK tokens are gifted to those using the LINE and BITBOX ecosystems. The native coin can also be accrued in lieu of various promotional schemes released by the company.
  • Inflationary characteristics:The maximum issuance limit of LINK was capped at 100 million tokens during the first 3 years (2018-2021). Since then the project’s total supply is set to increase at a rate of 5% per annum.
  • Scalability and cross-chain oriented design: A key aspect of the LINE ecosystem is its scalability-centric framework that allows the project to maximise transactional throughput capacity without compromising on security. The project is also designed to be cross-chain operational, allowing it to interact with a number of other ecosystems seamlessly.
  • Geographic focus: LINE’s dapp ecosystem currently serves millions of users across the globe, but the company’s core clientele is based within Asia. For the price of the LINK coin to increase, demand may be required on a global scale.

How to sell LINK

You can cash out your LN with the same exchange you bought it through:

  1. Sign in to the exchange you have LN on.
    If you store your LINK in a digital wallet, compare crypto exchanges to sell it on.
  2. Place a sell order.
    Choose the amount of LN you'd like to sell.
  3. Complete your transaction.
    Confirm the sell price and fees and close your sale of LINK.

Disclaimer: Cryptocurrencies, including LINK, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of LN is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the LINK or any other cryptocurrency discussed.

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