How to Lend Chainlink (LINK): A Step-by-Step Guide for the UK

Introduction

Lending Chainlink can be an excellent option for those who wish to hold LINK while earning a yield. The steps may seem a bit daunting, particularly the first time you undertake them. That's why we've compiled this guide for you.

Step-by-Step Guide

1. Obtain Chainlink (LINK) Tokens
To lend Chainlink, you need to possess it. To obtain Chainlink, you'll need to purchase it. You can choose from these popular exchanges in the UK.
Platform Coin Price
Nexo Chainlink (LINK) 13.26
PrimeXBT Chainlink (LINK) 13.22
YouHodler Chainlink (LINK) 13.21
Binance Chainlink (LINK) 13.23
BTSE Chainlink (LINK) 13.23
View all 73 prices
2. Choose a Chainlink Lender in the UK
Once you have LINK, you'll need to choose a Chainlink lending platform to lend your tokens. You can see some options here.
Platform Coin AER
Nexo Chainlink (LINK) Up to 7% AER
EarnPark Chainlink (LINK) Up to 5% AER
YouHodler Chainlink (LINK) Up to 12% AER
Aave Chainlink (LINK) Up to 0.03% AER
View all 19 loan rates
3. Lend Your Chainlink
Once you've chosen a platform to lend your Chainlink, transfer your Chainlink into your wallet on the lending platform. Once it's deposited, it will start earning AER. Some platforms pay interest daily, while others do so weekly or monthly.
4. Earn AER
Now all you need to do is sit back while your cryptocurrency earns interest. The more you deposit, the more interest you can earn. Try to ensure your lending platform pays compounding interest to maximise your returns.

Platform	Coin	Price
Nexo	Chainlink (LINK)	13.26
PrimeXBT	Chainlink (LINK)	13.22
YouHodler	Chainlink (LINK)	13.21
Binance	Chainlink (LINK)	13.23
BTSE	Chainlink (LINK)	13.23

Platform	Coin	AER
Nexo	Chainlink (LINK)	Up to 7% AER
EarnPark	Chainlink (LINK)	Up to 5% AER
YouHodler	Chainlink (LINK)	Up to 12% AER
Aave	Chainlink (LINK)	Up to 0.03% AER

What to Be Aware Of

Lending your cryptocurrency can be risky. Ensure you conduct thorough research before depositing your crypto. Do not lend more than you are prepared to lose. Review their lending practices, customer feedback, and the measures they take to secure your cryptocurrency.

Latest Movements in the UK

Chainlink (LINK) is currently priced at US$7 with a 24-hour trading volume of US$867.93M. The market cap of Chainlink stands at US$12.56B, with 631.1M LINK in circulation. For those looking to buy or trade Chainlink, Nexo offers avenues to do so securely and efficiently

Market capitalisation: US$12.56B
24-hour volume: US$867.93M
Circulating supply: 631.1M LINK

See the latest information

Frequently Asked Questions About Lending Chainlink (LINK) in the UK

What is Chainlink (LINK) and what problem does it solve?: Chainlink is a decentralized oracle network that connects smart contracts with real-world data, events, and APIs. Blockchains and smart contracts can’t access off-chain data directly, which limits their usefulness. Chainlink provides secure, tamper-resistant data feeds from multiple independent data providers, enabling applications like DeFi, insurance, and supply chain to trigger automated actions based on real-world information. LINK is the native token used to pay for oracle services and to stake for node operators, helping to align incentives and ensure data integrity.
How does Chainlink work, and what role do LINK tokens play in the network?: Chainlink operates via a network of decentralized oracle nodes that fetch data from multiple sources and deliver it to smart contracts. Node operators stake LINK as collateral to ensure reliable service and to deter malicious behavior; they are rewarded with LINK for accurate data delivery. Smart contracts specify the data feeds they require, and Chainlink aggregators compile results from multiple oracles to produce a single, tamper-resistant answer. LINK tokens are used for payment, staking, and governance signals within the ecosystem, creating a financial incentive to be honest and reliable.
What are the key use cases for Chainlink today, and which industries benefit most?: Chainlink’s primary use case is providing secure, reliable off-chain data to on-chain smart contracts. The most prominent applications are in decentralized finance (DeFi) — for price feeds, lending, derivatives, and insurance — where accurate data is critical. Beyond DeFi, Chainlink supports gaming, supply chain tracking, weather data for parametric insurance, and cross-chain interoperability via Layer 2 solutions and sidechains. As more projects require external data and real-world inputs, Chainlink’s oracle network remains a foundational infrastructure for building trusted, automated agreements.
Is Chainlink a good long-term investment, and what should I watch for in price trends?: Assessing Chainlink as a long-term investment involves considering its adoption, network security, and competition in the oracle space. LINK’s value tends to rise with growth in verifiable data requests, staking participation, and integrations with major blockchains and projects. Key metrics to monitor include total value locked (TVL) in oracle-related services, the number of active nodes, staking participation rates, and the breadth of supported data feeds (especially price feeds for diverse assets). Also watch for network upgrades, governance developments, and competition from alternative oracles, which could influence demand for LINK.
What are the risks and considerations before using Chainlink or investing in LINK?: Risks to consider include data reliability (even with multiple oracles, feeds can be manipulated if consensus is compromised), smart contract risk on the consuming side, and dependence on the broader adoption of oracle services. Regulatory developments could affect DeFi and data markets. For investors, price volatility and market sentiment can impact LINK despite strong fundamentals. To mitigate risk, diversify holdings, research specific oracle integrations you rely on, and follow Chainlink’s roadmap, security audits, and incident reports to stay informed about network health and upgrade cycles.

Chainlink LINK News in the UK

February 5, 2026Altcoins from solana to dogecoin sink to levels not seen in years

Over 305,500 traders have been liquidated in the last 24 hours, with total liquidations standing at $1.46 billion....

February 5, 2026Bitcoin Extends Selloff as Macro Pressures and Leverage Unwind - Decrypt

The latest decline reflects a broader unwind in leverage, with investors reassessing Bitcoin’s short-term role as an inflation hedge.

February 4, 2026CME Group Weighs Issuing Proprietary Token for Collateral and Margin

CME Group CEO Terry Duffy said the derivatives exchange is weighing a proprietary digital token as it explores tokenized cash and onchain collateral for financial markets.

Top Pairs for Chainlink in the UK

Frequently Asked Questions About Lending Chainlink (LINK) in the UK

What is Chainlink (LINK) and what problem does it solve?

Chainlink is a decentralized oracle network that connects smart contracts with real-world data, events, and APIs. Blockchains and smart contracts can’t access off-chain data directly, which limits their usefulness. Chainlink provides secure, tamper-resistant data feeds from multiple independent data providers, enabling applications like DeFi, insurance, and supply chain to trigger automated actions based on real-world information. LINK is the native token used to pay for oracle services and to stake for node operators, helping to align incentives and ensure data integrity.

How does Chainlink work, and what role do LINK tokens play in the network?

Chainlink operates via a network of decentralized oracle nodes that fetch data from multiple sources and deliver it to smart contracts. Node operators stake LINK as collateral to ensure reliable service and to deter malicious behavior; they are rewarded with LINK for accurate data delivery. Smart contracts specify the data feeds they require, and Chainlink aggregators compile results from multiple oracles to produce a single, tamper-resistant answer. LINK tokens are used for payment, staking, and governance signals within the ecosystem, creating a financial incentive to be honest and reliable.

What are the key use cases for Chainlink today, and which industries benefit most?

Chainlink’s primary use case is providing secure, reliable off-chain data to on-chain smart contracts. The most prominent applications are in decentralized finance (DeFi) — for price feeds, lending, derivatives, and insurance — where accurate data is critical. Beyond DeFi, Chainlink supports gaming, supply chain tracking, weather data for parametric insurance, and cross-chain interoperability via Layer 2 solutions and sidechains. As more projects require external data and real-world inputs, Chainlink’s oracle network remains a foundational infrastructure for building trusted, automated agreements.

Is Chainlink a good long-term investment, and what should I watch for in price trends?

Assessing Chainlink as a long-term investment involves considering its adoption, network security, and competition in the oracle space. LINK’s value tends to rise with growth in verifiable data requests, staking participation, and integrations with major blockchains and projects. Key metrics to monitor include total value locked (TVL) in oracle-related services, the number of active nodes, staking participation rates, and the breadth of supported data feeds (especially price feeds for diverse assets). Also watch for network upgrades, governance developments, and competition from alternative oracles, which could influence demand for LINK.

What are the risks and considerations before using Chainlink or investing in LINK?

Risks to consider include data reliability (even with multiple oracles, feeds can be manipulated if consensus is compromised), smart contract risk on the consuming side, and dependence on the broader adoption of oracle services. Regulatory developments could affect DeFi and data markets. For investors, price volatility and market sentiment can impact LINK despite strong fundamentals. To mitigate risk, diversify holdings, research specific oracle integrations you rely on, and follow Chainlink’s roadmap, security audits, and incident reports to stay informed about network health and upgrade cycles.

How to Lend Chainlink (LINK) in the UK

What you will learn

How to Lend Chainlink (LINK) in the UK

Statistics about Chainlink Lending in the UK

Other cryptocurrencies you can lend

Introduction

Step-by-Step Guide

1. Obtain Chainlink (LINK) Tokens

2. Choose a Chainlink Lender in the UK

3. Lend Your Chainlink

4. Earn AER

What to Be Aware Of

Latest Movements in the UK

Frequently Asked Questions About Lending Chainlink (LINK) in the UK

Chainlink LINK News in the UK

Top Pairs for Chainlink in the UK

Important Notice

Similar Cryptocurrencies to Lend

Newly Added Cryptocurrencies to Lend

Supported Lending Platforms in the UK

Frequently Asked Questions About Lending Chainlink (LINK) in the UK