The safest way to sell your Chainlink
Cash out in minutes with New Zealand’s most trusted exchange.There are multiple ways to sell on our exchange
How do I sell Chainlink?
Statistics
Low fees
Fee free-deposits available. Trading fees from 0.5% down to 0.02%Voted #1
Voted Best Cryptocurrency Exchange of the Year 2019 - 202124/7 support
Fast, world-class support
Why is Independent Reserve the best exchange to sell Chainlink?
Trade now or later
Sell now, or wait for the price to move into your direction. Multiple ways to sell gives you more control of your profits.Easy withdrawal options
Withdraw directly to your New Zealand or Australian bank account. This gives you access to your funds as fast as possible.Easy-to-use trading interface
Customise our charts to suit your personal style. We use real language, not finance speak, so when you click ‘sell’, you know what to expect.Excellent customer support
You can always get in touch with our 24/7 support team, available when you need them. All account-related questions are confidential.We’re registered and compliant
We are serious about customer accounts. Our focus on compliance means you can rest easy knowing your funds are safe.
How we treat client assets
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 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 a 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, trade or reinvest your assets.
What is Chainlink?
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.