Buy and sell chainlink in minutes
Is trading chainlink (also called LINK) hard? Not necessarily
Read along here and find out how you can trade chainlink. With Lunar Block, it’s become easy to trade cryptocurrency. Download the Lunar app and sign up to Lunar Block, and then you’re ready to trade chainlink and other popular cryptocurrencies such as bitcoin and ethereum .
It’s all happening directly from your app. Remember, all crypto trading involves a large risk.Â
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FOLLOW CHAINLINK’S RATE HERE
If you want to trade chainlink, it could be a good idea to keep an eye on its rate. Because the price of chainlink can rise and fall significantly in a short amount of time.
For example, you could buy one chainlink token for about 0,8 DKK in September 2017, according to Coinbase . Fast forward to May 2021, and the value of a single chainlink token is around 224 DKK - that’s an increase of about 40,400%. In July 2021, the price fell down to around 50 DKK again, which is a price decrease of around 84,5%.
Chainlink’s value can fluctuate every single second . You need to be aware of that before you begin trading. Even if there’s a chance of large rate increases, there’s also the risk that you could lose the entire amount you’ve invested.
Chainlink can rise and fall
When you trade cryptocurrencies, you need to be aware that it carries a large risk. The value of your cryptocurrency can both rise and fall, and you can risk losing the entire amount you’ve invested in cryptocurrencies.
Cryptocurrency trading is done through Lunar Block. Lunar Block is not regulated by the Danish Financial Supervisory Authority (Finanstilsynet). That means you won’t have the same protection as when trading e.g. stocks or other regulated assets.
QUICK OVERVIEW: WHAT IS CHAINLINK?
Chainlink is a cryptocurrency built on top of ethereum's blockchain. It’s built this way because chainlink was primarily developed to support the use of smart contracts and decentralised apps - and those contracts and apps are mainly built with ehtereum’s technology as a starting point.
Chainlink also makes it possible to incorporate data from the real world and translate it into a language that a blockchain can understand. That’s really functional if blockchain should be integrated further into our everyday lives.
FREE SIGN UP TO LUNAR BLOCK VIA THE APP
You can get started trading crypto fast via Lunar Block. Just sign up directly via the app. As part of your sign up, you need to complete a test to ensure that you know the risks connected to buying and selling cryptocurrencies such as chainlink.
Chainlink’s value can rise and fall , and there’s a risk you could lose the entire amount you’ve invested in cryptocurrency.
Once you’re well-versed on the risks, you’re ready to trade cryptocurrency.
Trade chainlink in the app
TRADE CHAINLINK WITHOUT POINTLESS FEES
Avoid pointless fees with Lunar Block, when you’re trading chainlink or other cryptocurrencies. With Lunar Block, you’re always getting a set, low price of 2,5%, when you’re trading or selling crypto as a Standard user. As a Premium user, the price is 1,5%, and with Lunar Pro that price is just 1%.
Get started with chainlink now
HASSLE-FREE TAX REPORTING
For some, it may seem like a hassle to report any gains and losses from crypto trading on your taxes. That’s why we’ve made it as easy as possible for you.
By the end of each year we’re giving you an overview of your trades along with a guide on how to report to the tax authorities. That way, you can probably handle the annual tax report in a matter of minutes and spend your time trading crypto instead of hassling with Skat.
In the end, it’s always your own responsibility to correctly report your taxes to Skat - but we’re helping you on your way, so it doesn’t feel overwhelming.Â
How to get started with chainlink
- 1
Download Lunar for free
Go to App Store or Google Play and download the Lunar app. Find your photo ID, as you need that to sign up.
- 2
Sign up to Lunar Block in the app
Find Lunar Block under “Products” and sign up. You’ll be asked to take a test about crypto first - among others things, it’s to see if you’re aware of the risks. You can learn more about the risks in the app before you take the test.
- 3
Buy chainlink with a single swipe
When we’ve approved you, you can buy chainlink and other popular cryptocurrencies immediately. Choose your cryptocurrency in the app and buy with a single swipe.
Your questions - answered
How do I buy chainlink?
With Lunar Block you’re ready to trade instantly. Download the Lunar app and sign up to Lunar Block in the app. You will need to take a test in connection to your signup, where we will, amongst others, ask you about the risks of cryptocurrencies. You can see the risks in the app before you take the test. When you’ve been approved, you can get started trading chainlink immediately.
What does it cost to buy chainlink via Lunar Block?
Do I need to know anything about chainlink or other cryptocurrencies beforehand?
What’s the difference between trading chainlink via Lunar Block and other platforms?
What risks should I be aware of?
Is it safe to trade chainlink?
Do I get help reporting chainlink on my taxes?
Is there a minimum amount I need to buy chainlink for?
Cryptocurrencies can rise and fall
When you trade cryptocurrencies, you need to be aware that it carries a large risk. The value of your cryptocurrency can both rise and fall, and you can risk losing the entire amount you’ve invested in cryptocurrencies.
Cryptocurrency trading is done through Lunar Block. Lunar Block is not regulated by the Danish Financial Supervisory Authority (Finanstilsynet). That means you won’t have the same protection as when trading e.g. stocks or other regulated assets.
We do not counsel
We do not advise on currencies and do not make recommendations for either buying or selling. We can provide factual information about the different currencies, but past price developments are not an indication of future developments.
No information from Lunar Block should therefore be considered as recommendations and all decisions are up to you alone.