LINK
Chainlink price in INR.
₹1,025 up 1.53%
What is Chainlink?
A network that brings outside data, such as prices, onto blockchains for smart contracts. LINK pays node operators.
What it’s used for
- Paying for oracle services
- Staking
Key risks
- Price volatility
- Competition from other oracle networks
How Indians usually buy Chainlink
- Pick an exchange registered with FIU-IND. Compare exchanges.
- Complete KYC with your PAN and Aadhaar.
- Add rupees by bank transfer or UPI, where the exchange supports it.
- Buy LINK, then decide whether to keep it on the exchange or move it to a wallet you control.
Indefi doesn’t recommend buying any coin. Only invest what you can afford to lose.
LINK and Indian tax
Taxed like any other VDA: 30% plus cess on gains, 1% TDS on sales. Calculate your tax.