How to buy Chainlink in Canada?
It doesn't matter if you are in Toronto, Montreal, Calgary or anywhere in between, NDAX gives you all the tools and support to buy and sell Chainlink in Canada.
Why buy LINK?
Chainlink was built to provide smart contracts with reliable data from external sources and the network uses LINK to pay node operators for data retrieval. Buying LINK allows you to execute smart contracts on the platform or serve as a node operator as all node operators must use LINK to stake in the network.
Investors buy and add LINK to their portfolio due to its limited supply of 1 billion and its potential for increased adoption.
Storing your Chainlink
After investing in Chainlink, the next step is to store your Chainlink in a secure cryptocurrency wallet. Depending on your own needs, investment amount and preferences, you can keep your Chainlink on a trading platform, a physical hardware wallet or a software wallet.
You are free to transfer your Chainlink to a private wallet from NDAX. However, if you decide to store your Chainlink in your NDAX wallet, we have all the security measures in place to keep your Chainlink safe and secure.
What can you do with Chainlink?
Pay for Goods and Services
Online stores, merchants, restaurants, and retail environments continue to adopt LINK and other cryptocurrencies as a means of payment.
Invest and Trade
On our trading platform, LINK can be traded directly with the Canadian dollar. You can also easily view and track your trading activity, performance, growth and profits.
Use as a Store of Value
Investors are using LINK as a store of value.
Why buy LINK on NDAX?
We take the fear out of trading
NDAX’s security standards are among the highest in the Canadian FinTech industry.
NDAX holds the majority of digital assets offline in cold storage protected by multi-signature technology, provided by Ledger Vault, the global leader in security and infrastructure solutions for cryptocurrencies.
Hot wallets are protected by Multi-Party Computation (MPC) technology recognized by industry experts.
Grow your portfolio with NDAX’s recurring purchase feature
Set Chainlink recurring purchases to automatically buy LINK to CAD each day, week or month. Set regular purchases as low as $10.
Gain control of your LINK investments with advanced trading options
The cryptocurrency market is volatile. Avoid missing out on trades by using NDAX’s unique trading options:
Buy or sell order executed at a specific price.
Order to buy or sell once a cryptocurrency reaches a specific price point.
Trailing stop market order
Order that can be set at a specific dollar amount away from a cryptocurrency’s last price, bid or ask.
Trailing stop limit order
Limit buy or sell order triggered once a cryptocurrency touches a trailing amount set by the user.
Fill or kill (FOK) order
Trade that executes immediately and entirely at a certain price, but if it cannot fill the entire order immediately, it will be cancelled entirely.
Immediate or cancel order (IOC)
Trade that executes immediately and cancels any unfilled portions of the order.
Reserve order (Iceberg Order)
Large trade divided into multiple limit orders. The orders are split into visible and concealed amounts.