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How to buy Chainlink with PayPal

Why investors buy Chainlink with PayPal

PayPal is an online money transfer service that allows users to create virtual or electronic accounts and use these accounts in a safe, fast, and easy-to-use network. Using PayPal, people can transfer money or buy and sell products on the Internet. Both individuals and legal entities can use PayPal services. Our exchange also benefits from this payment platform and integrates its service for a better customer crypto-trading experience. Some of the major values of using PayPal payment services are;

  • The PayPal payment method is easy to work with, it is user-friendly and simple. 
  • It uses a highly advanced anti-fraud system that increases the security of this platform.
  • Anyone can make a PayPal account easily and benefit from its services.
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Is LINK a good investment?

PayPal is an online money transfer service that allows users to create virtual or electronic accounts and use these accounts in a safe, fast, and easy-to-use network. Using PayPal, people can transfer money or buy and sell products on the Internet. Both individuals and legal entities can use PayPal services. Our exchange also benefits from this payment platform and integrates its service for a better customer crypto-trading experience. Some of the major values of using PayPal payment services are;

  • The PayPal payment method is easy to work with, it is user-friendly and simple. 
  • It uses a highly advanced anti-fraud system that increases the security of this platform.
  • Anyone can make a PayPal account easily and benefit from its services.
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Who can buy Chainlink with PayPal

Basically anyone. By creating a PayPal account, you can benefit from using its services when purchasing crypto through our exchange. To purchase cryptocurrency using PayPal, you don't need to be an expert. There are only a few steps involved in the purchase process, which is easy to understand and very quick. For beginners who are just entering the world of crypto, using the PayPal payment method through our exchange may be one of the most practical methods, and for frequent users, one of the most convenient ones.

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What is LINK ?

LINK is the name of the native token on the chainlink network that is a standard ERC-20 token. LINK is mainly used as a payment fee on the chainlink network. It was released in 2017, the same year its network was announced. Like many other cryptocurrencies, LINK coins are limited. The max supply of LINK is 1 billion tokens; almost over 45 million tokens are in circulation which is %45 of its supply. However, the number will increase in the future.

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How to buy LINK with PayPal instantly?

By using the PayPal payment method through our exchange, your crypto transactions can happen very quickly because of its straightforward and easy interface. How quickly you buy or sell cryptocurrency in this world has a significant impact on the value you receive. Many of our exchange users choose to use this method to buy cryptocurrency instantly since it’s easy to have a PayPal account and a well-known secure method.

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Where can I buy LINK online with a PayPal?

First, you’ll need to set up a PayPal account. Then you can easily use our exchange to buy any cryptocurrency you want and pay for it through your PayPal balance with easy steps. You should log on to your account on Blocktrade.com. Choose the cryptocurrency you want to buy. Enter the amount of cryptocurrency to purchase and select adding up the balance through PayPal, to complete your cryptocurrency purchase. 

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Is LINK Reliable?

Chainlink was built on a secure blockchain, which means, transactions that are done on this network or any information added to it will not change unless other nodes agree to it. Therefore, it is highly protected from cyber-attacks. However, in September 2020, Chainlink nodes suffered a "spam attack" in which an attacker drained 700 ETH from node operator wallets. The attack was quickly fixed, but it's a reminder that no system is completely immune to malicious attacks. Anyhow, if you are buying LINK coins, especially as an investment, it is recommended to keep your coins in a secure hardware wallet to avoid such problems.

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FAQ

Frequently asked questions

The Chainlink network is one of the first networks that make it possible to link blockchain with off-chain or the world outside of the blockchain. Therefore, it is very useful, especially when working with advanced smart contracts. It is believed that this network and its coin will act as well in the future.

PayPal as a payment platform is secure, easy to use, and fast to finalize. Its main advantages rely on security as it gives an extra level of fraud prevention. It also encrypts your bank or credit card information to keep it safe.

Although Chainlink might be the most popular decentralized oracle network, it still has some alternatives that work as well as this network. People who have used this type of network consider Corda, Kaleido, Ethereum, and Hyperledger as the competitors of Chainlink.

Digital currency traders do not have to pay fees for their transactions using the PayPal payment system. Also, digital currency users can convert their digital currency balance to fiat currency easily and without additional costs. Plus, no exchange fees are charged for cryptocurrency transactions on our exchange.

No one can predict the future of a coin and give a direct answer to this question. If you want to buy LINK and invest in this coin, check the price of the day, and price prediction for its future, read its whitepaper and check what top investors and crypto experts say about it. Then you can better decide if it is the right time to invest in LINK or not.

With a verified PayPal account, you can send up to $60,000 per transaction. You’ll also have no limits on how much money you can send from your account overall. There’s also a standard limit of 30 transactions per day.

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