How to buy Chainlink (LINK) on Bybit in 2026?

Account Registration and Verification

1. Navigate to the official Bybit website and select the “Sign Up” option located in the top-right corner of the homepage.

2. Enter a valid email address or phone number, create a strong password, and complete the CAPTCHA verification step.

3. Confirm the registration via the verification link sent to your email or the SMS code delivered to your mobile device.

4. Proceed to the “Identity Verification” section under Account Security and upload clear images of your government-issued ID and a recent selfie holding that document.

5. Wait for automated or manual review completion—most standard verifications finalize within ten minutes during business hours.

Funding Your Bybit Wallet

1. Log into your verified Bybit account and click on “Assets” in the main navigation bar, then select “Deposit”.

2. Choose a supported deposit method: bank transfer, credit/debit card, or cryptocurrency wallet transfer.

3. If using fiat, select your local currency and follow the on-screen instructions to initiate a bank wire or card payment—processing times vary between instant and three business days.

4. For crypto deposits, select a compatible network such as Ethereum (ERC-20) or BNB Smart Chain (BEP-20), copy the provided deposit address, and send funds from your external wallet.

5. Confirm receipt by checking the transaction hash on-chain using a block explorer matching the selected network.

Placing a LINK Purchase Order

1. Go to the “Trade” tab and select “Spot Trading” from the dropdown menu.

2. Use the search bar to type “LINK” and choose the desired trading pair—common options include LINK/USDT, LINK/USD, or LINK/BTC.

3. Select order type: market order for immediate execution at prevailing price, or limit order to specify exact buy price and quantity.

4. Enter the amount of LINK you wish to acquire or the equivalent value in the quote currency, then review fee estimates displayed in real time.

5. Click “Buy LINK” to submit the order—execution status appears instantly in the “Order History” panel.

Securing Your Purchased LINK

1. After successful purchase, confirm the balance update under “Assets” > “Spot Wallet”.

2. Consider transferring a portion of your LINK holdings to a non-custodial wallet supporting ERC-20 tokens for enhanced control.

3. Enable two-factor authentication (2FA) using an authenticator app—not SMS—if not already active on your Bybit account.

4. Review withdrawal limits and whitelist trusted addresses under “Security Settings” before initiating any outbound transfers.

5. Monitor network congestion indicators before sending LINK—high gas fees on Ethereum may significantly impact transaction cost efficiency.

Frequently Asked Questions

Q: Is KYC mandatory to buy LINK on Bybit?Yes. Bybit enforces full identity verification for all users engaging in fiat deposits or withdrawals, including those purchasing LINK with USD or EUR.

Q: Can I buy LINK using PayPal on Bybit in 2026?No. As of current platform configuration, Bybit does not support PayPal as a funding method for any cryptocurrency acquisition, including LINK.

Q: What is the minimum LINK purchase amount on Bybit?The minimum trade size for LINK/USDT is 0.01 LINK, subject to real-time exchange rate and available liquidity at time of order placement.

Q: Are LINK staking rewards available directly through Bybit?Bybit offers LINK staking services via its Earn product suite; however, these are separate from spot trading and require explicit opt-in and term selection prior to fund allocation.