If you are interested in buying LINK with Canadian Dollars then you are in the right place. Below I will direct you to a Canadian cryptocurrency exchange that allows you to deposit Canadian Dollar with your bank account through Interac or wire transfer, and use those funds to buy LINK. I’ve provided a step by step guide to further down the page.
Get ready to join the LINK Marines.
Disclaimer: The content provided in this article is not financial advice. We are simply providing an information guide outlining how to buy ChainLink (LINK) with Canadian Dollars, if that’s something you already intend to do. All readers should do their own research when deciding to buy or sell any cryptocurrencies online.
Where To Buy Chainlink (LINK) from Canada
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Buy and Sell Cryptocurrencies | Visit |
**Full Disclosure: We are members of the Bitbuy affiliate program and may earn commission on user referrals.
Bitbuy.ca is a popular cryptocurrency exchange for Canadians. They offer LINK/CAD trades and allow you to deposit Canadian Dollars from your Canadian bank account via Interac or bank wire.
Bitbuy is located in Canada and compliant with all Canadian regulations.
How To Buy LINK with Canadian Dollars – 4 Step Guide
Follow this straight forward guide to learn how to buy LINK online using Canadian Dollars from your bank account.
Step1. Join BitBuy.ca
**Full Disclosure: We are members of the Bitbuy affiliate program and may earn commission on user referrals.
The first step is to join an online crypto exchange that offers LINK/CAD trading and allows you to deposit Canadian Dollars from your bank account.
Click here to visit BitBuy.ca and select the ‘Sign up to get started’ button. Complete the sign up form to open your account. You will have to verify your phone number and email address to set up the account.
You are also required to verify your identity before using Bitbuy to buy or sell cryptocurrencies. This involves providing your name, birthdate, address, and home address. The verification process is almost instant after you’ve provided the required information.
Step 2. Deposit Canadian Dollars
After opening your account you can deposit the Canadian Dollars that you want to trade for Chainlink (LINK).
On your ‘Accounts’ page click on the ‘Add Funds’ button beside ‘Your CAD Balance’.
You can deposit from your Canadian bank account via Interac ($50 minimum) or Wire Transfer ($20,000 minimum).
The following page will give you the information for sending the Interac e-Transfer or wire transfer. For an Interac transfer you’ll have to include the recipient name, recipient email address, security question and security answer.
Use the provided information to add a new Interac recipient and complete the e-Transfer to your Bitbuy account.
Step 3. Buy Chainlink (LINK)
Your deposit will show up in your Canadian Dollar balance within minutes if you chose to deposit via Interac. You’re now ready to buy LINK with your Canadian Dollars.
Open the ‘Chainlink’ drop down menu on your ‘Accounts’ page and select ‘Buy’. This will take you to the Express Trade section of the Bitbuy website.
Enter the amount of Dollars you want to trade for Chainlink. In the example below I’m using $600 of my Canadian Dollar balance to buy ~22.5 LINK.
If you’re happy with the amount of LINK you will receive from your Canadian Dollars purchase, click ‘Buy Chainlink’ to complete the trade.
Here is an example Express Trade screenshot (taken in December 2021):
The LINK will show up in the Digital Currency Balances of your Bitbuy account immediately after purchase.
Step 4. Withdraw LINK to Hardware Wallet (Optional)
You now have the option to withdraw your LINK to a Chainlink compatible hardware wallet, where you have custody of your private keys.
I suggest doing your own research regarding how to best store your LINK. There are plenty of great resources online explaining the best practices for storing cryptocurrencies.