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How To Buy Chainlink In UAE

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Chainlink (LINK) is a new and popular cryptocurrency. UAE traders get access to it with trustworthy exchanges and brokers. Chainlink is a decentralized network that plays an essential role in the implementation of blockchain tech in the real world. Its goal is to offer input on many external sources of data. 

How To Buy Chainlink In UAE

Chainlink is built on Ethereum and remains a secure coin. Its network aims to enable the transfer of tamper-proof data from off-chain sources to on-chain destinations. The LINK token has an impressive performance. In 2021, it reached a 24-hour trading volume of over $1 billion. UAE traders consider LINK tokens because of the potential benefits. Digital tokens are volatile, and we don’t recommend Chainlink for beginners. This article discusses how to buy Chainlink (LINK) in the UAE. 

  • eToro top brokerage firm with excellent social trading and crypto services
  • Capital.com has a competitive fee structure for UAE traders
  • Binance offers a comprehensive portfolio for traders at all levels
  • Coinbase for professional traders searching for a reliable app to invest in Chainlink (LINK).
  • Robinhood popular zero-fee U.S. broker with a Cash Management service
  • Gemini cryptocurrency exchanges with beginner-friendly services

Best Trading Platforms in India

RANKBROKERGENERALPLATFORM SCOREBEST FORWEBSITE
#1eToroNo commission fees4.9/5Excellent social trading and crypto servicesOfficial website
#2Capital.comFor traders at all levels4.7/5Industry-leading safety measuresOfficial Website
#3BinanceAvailable worldwide4.3/5For professional crypto enthusiastsOfficial Website
#4CoinbaseVersatile portfolio4.4/5Provides access to custodial walletsOfficial website
#5RobinhoodTransparent fee structure2/5Top choice for long-term crypto tradersOfficial Website
#6GeminiBeginner-friendly services4.5/5Trustworthy exchangeOfficial website

01. eToro: excellent social trading and crypto services

etoro-rating

eToro is a leading online broker with trustworthy crypto exchange platforms. It has an impressive portfolio with digital coins, tokens, and forex trading. The main crypto coins available with eToro are Bitcoin, Ethereum, and Chainlink. 

This brokerage firm offers a virtual trading account. It is a top learning tool for both beginner and experienced traders. Demo trading allows you to test your trading strategies with live prices and market data. eToro’s demo account is a good place to start if you want to learn more about LINK price movements. 

UAE traders choose eToro’s services because of its fee structure. It has no commission fees, and it charges a 1.90% spread for withdrawing crypto. eToro has industry-leading social trading tools and platforms. It highlights pro traders and allows UAE traders to copy their trading positions. This online broker offers many benefits to UAE traders. It has many payment methods, a crypto wallet, and 24/7 support. 


02. Capital.com: competitive fee structure for UAE traders

capital-com-rating

Capital.com is a top UAE broker with access to forex trading, CFD, and crypto services. It has top-tier licenses and uses industry-leading safety measures. Capital.com offers intuitive platforms for traders at all levels. This broker has many research tools for trading CFDs and crypto learning materials.
Capital.com has a web, mobile, and desktop platform. All are intuitive and easy to learn. Capital.com offers trading ideas and social sentiment. The crypto trading fee with this broker is 100 pips for BTC/USD.


03. Binance: comprehensive portfolio for traders at all levels

binance-rating

Binance is a trustworthy crypto exchange available worldwide. It offers many digital coins, including Ethereum, Bitcoin, and Ripple. Binance has 100+ different trading pairs, including fiat currency and crypto pairs. This platform has premium account features, including staking rewards. 

Binance is a good fit for advanced crypto traders who search for reliable day trading services. Users receive access to instant buy features with a debit card. Binance support is impressive and offers knowledgeable answers to most queries. This exchange doesn’t provide a native hot wallet. It has limited learning tools and some research features. We recommend Binance to professional crypto enthusiasts who want access to lower trading fees. 


04. Coinbase: crypto trading exchange with a versatile portfolio

coinbase-UAE-rating

Coinbase is a popular crypto trading exchange with a versatile portfolio. It offers access to many coins and a competitive fee structure. Coinbase has a beginner-friendly main platform and a professional service, Coinbase Pro. 

Coinbase provides access to custodial wallets. These let Coinbase account holders secure their assets. The Pro platform is free and offers professional tools. This exchange has many investment solutions for traders at all levels. Coinbase offers 80+ digital assets, including Ethereum, Bitcoin, and Litecoin. We recommend it for professional crypto traders.


robinhood-rating

Robinhood is a popular zero-fee U.S. broker with a Cash Management service. It has a transparent fee structure with no inactivity fees or minimum deposit fees. Robinhood has licenses from the FCA, FSC, and the US SEC. It is a good fit for professional UAE traders. 

This broker has an excellent mobile trading platform with many trading features. It is a top choice for long-term crypto traders because of its professional tools. The web platform is reliable, but Robinhood has no desktop platform. 


06. Gemini: cryptocurrency exchanges with beginner-friendly services

gemini-rating

Gemini is one of the leading cryptocurrency exchanges with beginner-friendly services. It offers many educational resources, and it is a good fit for new UAE traders. Gemini is a trustworthy exchange that has never been subject to a major hack. It has robust insurance and impressive safety measures. 

Gemini is a top exchange for professional investors and institutional traders. It offers custody services and professional research tools. Gemini is a centralized exchange that follows strict rules. It has crypto-to-crypto and fiat-to-crypto pairs. This UAE exchange has a stablecoin, the Gemini dollar (USDT). 


We choose the best exchanges to buy Chainlink based on several criteria including Fees, Account, Withdrawal and Deposit. We commit to offering help to all UAE traders. Our goal is to help beginner and advanced traders make intelligent choices with their money. This focus is the reason why we share both strengths and weaknesses.

Fees:   A transparent fee structure contributes to an excellent online trading experience. Some UAE exchanges offer a simple fee structure; others don’t. Check our in-depth exchange reviews to learn more about fees and crypto exchanges. 

Account:   Most UAE exchanges offer different trading account tiers. Some exchanges request a minimum deposit fee. Others don’t charge an initial fee for creating new accounts. Read our in-depth reviews for more details on account tiers and exchanges. 

Withdrawal and deposit:   Withdrawing and depositing funds must be straightforward. Funding a trading account takes longer with some crypto exchanges than with others. Some UAE exchanges have low minimum deposits. Check our detailed reviews to read more about exchanges and funding options. 

Market and products:  Each cryptocurrency exchange has its asset and market coverage. You should consider an exchange with a versatile crypto portfolio. Verify our in-depth market reviews for more information on exchanges and assets. 

Trading platforms:  A crypto platform with an intuitive design contributes to a good trading experience. Choose an exchange with a beginner-friendly interface and a valuable portfolio. The UAE exchanges in our reviews are trustworthy, but some might be challenging for new traders. Read our thorough reviews to learn more about exchanges available in the United Arab Emirates. 

Customer support:   Customer support is crucial for your online trading success. Trustworthy and secure exchanges offer live chat, email, and phone support. 

Safety:   A reliable UAE crypto exchange has top-tier licenses from a trustworthy regulator. It uses industry-leading safety measures for all accounts. Our in-depth reviews share insights on online trading safety for UAE traders. 

The best UAE exchanges to buy Chainlink with are eToro, Capital.com, Binance, Coinbase, Robinhood, and Gemini. eToro is a top brokerage firm with excellent social trading and crypto services. Capital.com has a competitive fee structure for UAE traders. Binance offers a comprehensive portfolio for traders at all levels. We recommend Gemini for professional traders searching for a reliable app to invest in Chainlink (LINK). 

Chainlink is a top choice for UAE traders. We recommend you use eToro to trade LINK in the United Arab Emirates. It is the leading crypto trading platform with impressive social trading features. There are four simple steps to follow to buy LINK tokens with eToro: 

  1. Sign up with eToro:  Access eToro’s main website and create a new account. 
  1. Submit a valid ID:  After you start the registration process, you’ll have to go through account verification. A valid I.D., such as a passport or a driver’s license, is necessary to trade LINK with eToro. 
  1. Make your first deposit:  After you pass account verification, you have to make an initial deposit. UAE traders use many payment methods, including credit or debit cards, bank transfers, and e-wallets. 
  1. Buy Chainlink:  Search for the ticker symbol “LINK,” and you will see the Chainlink price. Click on the coin and start buying or selling LINK tokens. 

Traders in the UAE buy and sell Chainlink tokens with a crypto trading platform. The main platforms we recommend are eToro, Coinbase, and Binance. 

eToro is a leading online broker with trustworthy Chainlink exchange tools. It has an impressive portfolio with digital coins, tokens, and forex trading. The main crypto coins available with eToro are Bitcoin, Ethereum, and Chainlink. 

This brokerage firm offers a virtual trading account. It is a top learning tool for both beginner and experienced traders. Demo trading allows you to test your trading strategies with live prices and market data. eToro’s demo account is a good place to start if you want to learn more about LINK price movements. 

UAE traders choose eToro’s services because of its fee structure. It has no commission fees, and it charges a 1.90% spread for withdrawing crypto. eToro has industry-leading social trading tools and platforms. It highlights pro traders and allows UAE traders to copy their trading positions. This online broker offers many benefits to UAE traders. It has many payment methods, a crypto wallet, and 24/7 support. 

Pros: Commission-free trading , Features many popular cryptos , Regulated by the FCA , Mobile app available , Offered in many countries , Demo account  

Cons:  It has a high spread , It lacks smaller cryptos and stocks  

Capital.com is a top UAE broker for buying Chainlink coins, forex trading, CFD, and crypto services. It has top-tier licenses and uses industry-leading safety measures. Capital.com offers intuitive platforms for traders at all levels. This broker has many research tools for trading CFDs and crypto learning materials. 

Capital.com has a web, mobile, and desktop platform. All are intuitive and easy to learn. Capital.com offers trading ideas and social sentiment. The crypto trading fee with this broker is 100 pips for BTC/USD. 

Pros:  Beginner-friendly platforms , Regulated by the FCA , A.I. trading platform , Low spreads , Betting spreads  

Cons:  Lack of ownership for stocks , Limited funding options with no access to PayPal  

Binance is the leading crypto exchange in the United Arab Emirates for buying LINK. It is an excellent choice for professional traders as it offers many technical and research tools. The Binance platform has a professional design and comes with many leverage solutions. This global exchange follows strict rules under the FCA. 

This UAE exchange has limited learning materials for beginners. It offers tutorials to guide UAE traders in crypto investments. Binance offers a comprehensive portfolio with 50+ digital assets, including Chainlink (LINK) tokens. It has a native stablecoin, BNB, which comes with a discount on fees. 

Binance has a simple fee structure without hidden fees. The execution fees begin at 0.110% per trade. Binance account holders receive discounts by holding BNB currency in their wallets. The minimum deposit fee at Binance is £15 for credit/debit card payment method. 

Pros:  More advanced tools and technical indicators , Offers tutorials for beginners , Low spreads , Mobile App available , Advanced trading platform  

Cons:  It is not intuitive for beginners , It has unclear regulatory status  

Coinbase is a secure cryptocurrency exchange with a versatile portfolio and access to buying LINK. It offers excellent services for UAE traders it has an impressive reputation. Coinbase follows strict rules and has top-tier licenses from leading regulators. It has a world-leading digital currency platform. Coinbase offers access to popular cryptocurrencies, including Ethereum and Chainlink. 

This exchange has intuitive platforms and services. Coinbase is a good fit for both beginners and experienced UAE traders. It has many useful learning and research tools. 

Pros:  Secure platforms and wallets , Access to dozens of digital assets, including Bitcoin and Dash Coin , Beginner-friendly main platform , Access to professional services with Coinbase Pro  

Cons:  Expensive fee structure, higher than with most exchanges , Lack of control of private keys when you keep your assets in your Coinbase account  

Robinhood is a popular zero-fee U.S. broker with a Cash Management service and Chainlink buying services. It has a transparent fee structure with no inactivity fees or minimum deposit fees. Robinhood has licenses from the FCA, FSC, and the US SEC. It is a good fit for professional UAE traders. 

This broker has an excellent mobile trading platform with many trading features. It is a top choice for long-term crypto traders because of its professional tools. The web platform is reliable, but Robinhood has no desktop platform. 

Pros: Access to crypto coins, U.S. stocks, fiat currency, and ETFs, Commission-free platforms, No minimum deposit, Regulated by trustworthy providers 

Cons: Limited access to digital coins, No debit or credit card payment method, No e-wallets deposits 

Gemini is one of the leading cryptocurrency exchanges with beginner-friendly services for buying Chainlink. It offers many educational resources, and it is a good fit for new UAE traders. Gemini is a trustworthy exchange that has never been subject to a major hack. It has robust insurance and impressive safety measures. 

Gemini is a top exchange for professional investors and institutional traders. It offers custody services and professional research tools. Gemini is a centralized exchange that follows strict rules. It has crypto-to-crypto and fiat-to-crypto pairs. This UAE exchange has a stablecoin, the Gemini dollar (USDT). 

Pros:  Access to many Bitcoin trading apps , Low fees for daily auctions , Low fees for liquidities  

Cons:  Its professional platforms are challenging for beginners , It has limited customer service  

The safest UAE platform to buy LINK with is eToro. This online broker has secure services and platforms for traders at all levels. Here is a step-by-step guide on using eToro to buy Chainlink in the UAE. 

Buy Chainlink In UAE

Step 1: Open An Account With eToro 
The first step for UAE traders is to sign up with eToro. Their official website provides access to a simple sign-up form. You’ll have to submit your full name, address, source of funds, date of birth, and contact information. 

buy-chainlink-with-etoro

Step 2: Verify Your Account 
After you’ve submitted the necessary information, the next step is to verify your account. eToro lets UAE traders trade up to $2,000 before verifying their account. Users have to submit a copy of their I.D. and proof of residence. This trustworthy broker follows strict KYC rules from the UAE. Passing KYC verification is mandatory for all UAE traders. 

Step 3: Fund Your Account 
eToro has many payment methods. Select the deposit option that suits your needs. After you decide on a funding method, the next step is to buy LINK tokens. 

Step 4: Buy Chainlink 
As soon as your deposit appears in your wallet, eToro lets you start your first crypto “buy.” Crypto coins have different symbols. Clicking on one ticker will start your trade. Select the amount of crypto you’d like to buy and click “Submit.” Your transaction will complete in a couple of minutes. 

chainlink-on-etoro-platform

Chainlink is a decentralized network of nodes on a blockchain. It offers information to smart contracts on the blockchain. LINK tokens are useful to pay for smart contracts on Chainlink. LINK is the only coin used for essential functions in the ecosystem. 

Experts say Chainlink will continue to grow in value. It is a top choice for UAE traders. LINK tokens have a food performance and are part of a secure ecosystem. Chainlink has 1,017 partnerships and generated $75 million in total value. Read our in-depth reviews to discover the latest crypto news in the United Arab Emirates.

The cost of Chainlink tokens varies depending on the platform you use. If you opt for a brokerage firm, you might have to pay additional fees. Most cryptocurrency platforms charge a commission or spread when buying digital assets. eToro has a 0% fee policy on specific assets. 

PayPal is a good choice to buy Chainlink with in the UAE. You have to create an account or use an existing PayPal account. Click the button that says “crypto” in the app or PayPal website. There you will be able to select LINK. 

To complete the transaction, you have to have the necessary funds from a debit card or a bank account. The spending option for PayPal users ranges from $1 to $100,000 per week. Remember that PayPal has different crypto exchange fees. 

Another option for buying LINK is with Bitcoin (BTC). UAE traders use Bitcoin Cash to fund their accounts. We recommend you store your coins in trustworthy digital wallets. Keeping your funds secure is a must and you should use a Bitcoin Cash Wallet. Check our in-depth buyer reviews to learn more about crypto wallets, trading, and safety. 

UAE traders should use a cryptocurrency exchange or broker with top-tier licenses to buy Chainlink. Platforms that follow strict rules diminish the trading risks. eToro is a top social trading broker with an excellent reputation. UAE traders receive access to its trustworthy services. It offers many payment methods, including bank transfers, and UAE dirham deposits.

If you want to store Chainlink in a wallet, selecting a wallet with an encryption key and powerful security protocols is best. Digital wallets use both private and public keys. You should never share your private keys with anyone. 

Investing in cryptocurrencies remains risky. Digital assets like LINK are speculative and come with risks. If you want to avoid losing your funds, you should start with a minimum investment. Chainlink is a new and popular token, but it might be challenging for beginners. If you buy LINK tokens at a high price and the coin crashes, you risk losing all your money. Remember that risks increase if you use leverage. 

CFD platforms offer the ability to use leverage with crypto coins. Leverage leads to the possibility of dramatic revenue increases. But it increases the risk of losses as well. Cryptocurrencies are volatile, and we don’t recommend that beginners use leverage. Read our comprehensive reviews to learn more about risk management and online trading. 

If you hold LINK in your account and plan to sell it, you should consider using an exchange or broker like eToro. eToro is a top choice for cashing out, and it doesn’t support exchanging crypto for another. UAE traders have to use a secure cryptocurrency exchange for this. 

Summary  

Chainlink is a popular coin. UAE traders invest in LINK with powerful platforms and exchanges. We recommend it for experienced and active UAE traders. LINK is a secure coin, but you need to know how and where to buy it. It is best to select an online broker like eToro to invest in Chainlink (LINK). 

FAQ  

We review the leading exchanges for Chainlink with 105 criteria. We use real accounts and money for the best results. Read about our system in our Methodology section. 

Are There Any Safety Risks For UAE Citizens?  

Online trading comes with risks. But online trading in the UAE is legal and safe. Traders must choose an exchange platform with top-tier licenses from a regulatory body. The main regulators for online platforms are FCA, CySEC, and ASIC. The platforms in this review are secure and follow strict regulations.

What Is The Financial Regulatory Authority For Cryptocurrencies?  

Digital coins, including LINK, aren’t regulated by a regulatory authority. Cryptos have no underlying commodity or intrinsic value. Few countries allow traders to use the local Financial Services Compensation Scheme if they lose money. Verify with local authorities for rules and restrictions.

What Is The Market Cap Of Chainlink?  

The market cap of Chainlink is 706,178,319 USD, with a circulating supply of 467,009,549.52 LINK.

Is A Digital Wallet Necessary To Buy Chainlink?  

Yes. UAE traders need a digital wallet to store Chainlink (LINK). Keeping your funds in the exchange’s wallet isn’t safe. Read our detailed reviews to learn more about crypto wallets and safety.

How Much Money Do I Need To Buy LINK?  

The amount of money necessary to buy LINK tokens depends on the platform you choose. Buying XCH on eToro comes with a minimum deposit of $50. The exact minimum or maximum varies depending on the platform’s rules. Verify our comprehensive purchasing exchange reviews to learn more about crypto coins and minimum investments.

How To Sell Cryptocurrencies In UAE?  

Selling digital coins in the United Arab Emirates is straightforward. For example, if you use eToro, you’ll get access to a portfolio where you have to click on the Sell button. The best approach for making money from a cryptocurrency investment is with capital gains. A capital gain refers to selling your coins at a higher price than you originally paid. Read our in-depth reviews to learn more about buying and selling crypto in the United Arab Emirates.


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Methodology
Business24-7 aims to help those interested in cryptocurrency make safe and informed investing decisions. We are dedicated to offering our readers unbiased reviews of leading cryptocurrency exchanges for traders at all levels. Cryptocurrency exchanges are included in our reviews if they are safe, liquid, regulated by proper authority, or decentralized. 

Disclaimer
All trading involves risk. More than 80% of investors lose in spread bet and CFD trading. As these complex instruments allow for the use of leverage, there is a high risk of losing more money than you have deposited. Before attempting to participate in spread bets and CFDs, consider how well you understand them and if you can afford to lose your money.

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Braden Chase is an investor, trading specialist, and former research specialist for Forex.com who helps aspiring investors develop the confidence and habits they need to make an income from the market. Braden has served as a registered commodity futures representative for domestic and internationally-regulated brokerages and has also spoken & moderated numerous forex and finance industry panels across the globe.

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