How to buy Chainlink(LINK) Step-by-Step on MEXC for Beginners

If you’ve been watching the growth of decentralized finance and real-world data feeds, you’ve likely heard of Chainlink. LINK is the native token that powers Chainlink’s decentralized oracle network, a critical layer that brings off-chain data on-chain for smart contracts. This guide walks you through how to buy Chainlink(LINK) easily and safely using MEXC, from creating your account to placing your first order and securing your assets—no jargon required.

Pro tip to save time and get started fast use the official referral link and code for streamlined signup and potential promotions
– Sign up here MEXC registration with code mexc-CRYPTONEWER
– Or click the code directly mexc-CRYPTONEWER

Quick start checklist

  • Create an account on MEXC with the referral code mexc-CRYPTONEWER
  • Enable 2FA and set a strong password
  • Verify identity if required by your region
  • Add funds via card, bank, P2P, or crypto deposit
  • Buy LINK on the Spot market using LINK/USDT
  • Optionally withdraw LINK to your self-custody wallet

What you need before you begin

  • A secure email address and a strong, unique password
  • A phone for two-factor authentication
  • A funding method USDT, other crypto, or fiat payment options supported in your region
  • A personal wallet if you plan to withdraw LINK after purchase

Step 1 Create and secure your MEXC account

1) Go to the official signup page MEXC registration with code mexc-CRYPTONEWER. The referral code should auto-apply. If not, use mexc-CRYPTONEWER.
2) Complete basic registration using your email or phone.
3) Strengthen security immediately
– Turn on 2FA with an authenticator app
– Add an anti-phishing code so MEXC emails are verifiable
– Enable withdrawal address whitelist once you have a wallet address

Step 2 Complete verification if prompted

Depending on your region and the services you use, MEXC may require Know Your Customer verification. This helps protect account security and meet regulatory requirements. Typical steps include
– Submitting a government-issued ID
– Face or liveness check
– Address verification in some jurisdictions

Keep your details consistent with your funding method to avoid delays.

Step 3 Add funds to your MEXC account

You have several options. Availability depends on your country

  • Bank card or third-party on-ramp Buy USDT or USD stablecoins, then trade for LINK
  • P2P marketplace If offered in your region, buy USDT directly from vetted merchants
  • Crypto deposit Transfer USDT, USDC, BTC, or ETH from another wallet or exchange

Tips for smooth funding
– If depositing crypto, double-check the network. LINK is widely used on Ethereum as an ERC-20 token. For USDT deposits intended to buy LINK, ERC-20 is a common choice, but confirm the network in both your sending wallet and your MEXC deposit page.
– Send a small test transaction first when using a new address.
– Review any fees on your chosen funding method.

Once your account is funded, head to trading
– Go to Spot trading and search LINK
– Common pairs include LINK/USDT and occasionally LINK/BTC or LINK/ETH
– Choose LINK/USDT for the most straightforward experience

You’ll see the order book, price chart, and the order panel for Market or Limit orders.

There are two beginner-friendly ways to buy

1) Market order Fastest and simplest
– Choose Market
– Enter the amount of USDT you want to spend
– Confirm the order to buy LINK instantly at the best available price

2) Limit order Price control
– Choose Limit
– Input the exact price you’re willing to pay per LINK
– Set the amount of LINK or USDT to trade
– Submit and wait for your price to be matched

Risk controls to consider from day one
– Use a stop-loss after buying if you’re actively trading. For example, set a stop below a key support level to limit downside.
– Consider dollar-cost averaging. Instead of buying all at once, schedule multiple smaller buys to smooth out volatility.

After purchase, you can keep LINK on MEXC for active trading or move it to a wallet you control.

  • On-exchange storage Convenient for frequent trading. Use all available security features.
  • Self-custody wallet Best for long-term holding. Popular options include reputable hardware wallets and well-known software wallets that support ERC-20 tokens.

Withdrawal pointers
– Choose the correct network. For native LINK, Ethereum ERC-20 is the most common. Sending to a mismatched network can result in loss of funds.
– Confirm the destination address carefully. Use the wallet’s QR code or copy-paste with checksum verification.
– Consider a small test withdrawal before moving your full balance.

  • Real-world data for smart contracts Chainlink’s oracles power pricing, weather, sports, proof of reserves, and more.
  • Broad ecosystem adoption Chainlink integrates across many blockchains, enabling cross-chain data and messaging.
  • Utility and incentives LINK is used for node operator incentives and staking initiatives, aligning network security with token economics.

None of this is financial advice. Always do your own research and consider your risk tolerance.

Understanding fees and slippage

  • Trading fees MEXC offers competitive spot fees. Review the latest fee schedule on the exchange and check if any VIP or staking benefits apply to you.
  • Network fees If withdrawing LINK on Ethereum, expect gas fees that vary with network congestion.
  • Slippage Market orders fill instantly but can move the price in thin markets. Limit orders give control but may not fill in fast-moving conditions.

Practical buying strategies

  • Buy-the-dip with limits Place staggered limit orders at predefined price levels.
  • DCA automation Consider splitting your investment into weekly or monthly buys.
  • Set alerts Use price alerts to know when LINK reaches your target zone.

Common mistakes to avoid

  • Sending crypto on the wrong network Always verify chain compatibility for deposits and withdrawals.
  • Overusing leverage Beginners should stick with Spot trading. Leverage amplifies risk.
  • Skipping 2FA Account security is as important as choosing the right token.
  • Impulse buying Without a plan, emotions can lead to bad entries and exits. Write down your strategy.

Troubleshooting guide

  • My deposit isn’t showing Confirm the network and transaction hash and wait for required confirmations.
  • Order didn’t execute Limit orders only fill at your chosen price or better. Use Market if you want immediate execution.
  • I can’t withdraw Complete any pending KYC, check withdrawal limits, and ensure 2FA is enabled. Also verify address whitelist settings if active.

Bonus optimize your MEXC experience

  • Check Earn and Promotions MEXC often lists flexible savings, staking, or event promotions for major assets. Offerings vary, so review current listings in the Earn section.
  • Portfolio hygiene Track your average entry price, set reminders to rebalance, and record tax-relevant transactions.
  • Education first Follow Chainlink’s official documentation and ecosystem updates to understand new utility and integrations.

Quick reference steps recap

1) Sign up with referral perks MEXC registration with code mexc-CRYPTONEWER
2) Secure your account 2FA, anti-phishing code, strong password
3) Verify identity if required
4) Fund with fiat on-ramps, P2P, or crypto deposits
5) Open LINK/USDT spot market
6) Place Market or Limit order and confirm
7) Store LINK safely on-exchange or in a self-custody wallet

  • Is LINK an ERC-20 token Yes, the native LINK token launched on Ethereum as an ERC-20, though wrapped or bridged versions can exist on other chains. Always confirm the token standard and contract when withdrawing or depositing.

  • Which pair should I use LINK/USDT is typically the most liquid and beginner-friendly. You may also find LINK/BTC or LINK/ETH.

  • Can I buy LINK directly with a card In many regions you can purchase USDT with a card and then swap for LINK on the spot market. Availability varies by country and provider.

  • How do I minimize fees Combine a low-fee funding method, place limit orders when appropriate, and review fee tier benefits. Always consult the current fee schedule.

  • Should I move LINK off the exchange If you plan to hold for the long term and rarely trade, consider a reputable hardware wallet. If you trade often, keeping funds on MEXC with strong security controls may be more convenient.

Ready to take the next step Use the official link to create your account and apply the referral code for a smooth start buying LINK today

Disclaimer This guide is for educational purposes only and does not constitute financial, investment, or tax advice. Crypto assets are volatile and may lose value. Do your own research and follow the rules in your jurisdiction.