Sell Chainlink in Australia (LINK)
How to sell Chainlink in Australia
Register, deposit and sell in 5 minutes
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1. Create account
Securely create your personal, SMSF or business account and verify your identity.
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2. Deposit
Instantly deposit Chainlink and other crypto assets 24/7.
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3. Sell Chainlink (LINK)
Place a market or limit sell order. Alternatively, use our OTC desk for high-value trades.
There are multiple ways to sell
Market sell
Limit sell
OTC sell
Auto & API sell
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Your trusted cryptocurrency exchange
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Made for you
Create a personal, SMSF or business account. Access the award-winning platform 24/7 using the website or mobile app.
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Instant deposits and withdrawals
Access the cryptocurrency market 24/7. Instant AUD deposits and withdrawals to and from your bank account.
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Low fees
Trading fees start at 0.5% and go down to 0.02%. Free EFT bank withdrawals. Low fees apply to instant, crypto and SWIFT withdrawals.
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Multi-currency trading
Buy and sell Chainlink and other popular cryptocurrencies with AUD, NZD, or USD.
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Sell Chainlink on the go
Buy, sell and track your cryptocurrency portfolio, anywhere and anytime with the Independent Reserve app.
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Protecting your assets is our top priority
No commingling of customer funds: we keep client assets completely separate from our own.
1:1 reserves
We maintain a full 1:1 reserve of all client fiat and crypto assets.
We hold the vast majority of crypto assets in secure offline cold storage, protected in underground vaults with maximum security.
Audited
Our books are balanced and we carry no debt on our balance sheet. We engage external auditors to undertake an annual audit of our financial statements in accordance with Australian Accounting Standards. This includes verification of all fiat and crypto balances held in custody on behalf of clients.
Segregated funds
We do not commingle customer funds. We maintain complete segregation of all client assets to ensure that when you need to make a withdrawal you can.
We keep your assets safe. That is our promise.
Sole custodian
Independent Reserve is the sole custodian of all crypto assets held on our platform. Custody is managed in Australia and we do not use any third party custodians.
We adhere to industry best practices and never lend or trade your assets.
What is Chainlink (LINK)?
Chainlink (LINK) is a decentralised oracle network that was developed to connect smart contract platforms like Ethereum and DeFi with data from the real world. The cryptocurrency that is native to the Chainlink platform is LINK, which is used to pay node operators and data providers that leverage the network.
With Chainlink, purchasers request data they would like to use and providers place bids to be able to provide that data. Providers must then commit a stake of LINK tokens when they want to make a bid, which can then be taken away in the event they misbehave. Once the provider is selected, it is their job to then bring the correct data on chain.
To monitor this, Chainlink uses a decentralised oracle reputation system that aggregates and weighs the data provided. In the event the data is provided correctly, providers get paid and purchasers get the data they are looking for in a secure and decentralised fashion.
Get started today
Register, deposit and trade in 5 minutes.