How to buy Chainlink through a broker

How to buy Chainlink exposure

Virtune Chainlink ETP provides LINK price exposure through a security you can hold at a broker. LINK is Chainlink's crypto-asset. The ETP lets you invest in its price without buying tokens into a personal wallet.

Chainlink brings information from outside a blockchain into applications running on it. A lending application, for example, can use an external asset price when applying its lending rules. LINK helps pay node operators for Chainlink services. What Chainlink is explains the oracle network and LINK's role.

Why buy Chainlink through an ETP?

An ETP makes LINK exposure available in the same brokerage account as other listed investments. Virtune arranges custody of the LINK backing the product, so you do not have to manage wallet keys or token transfers.

You own the listed security rather than LINK that can be used to pay for Chainlink services. This product does not stake LINK or distribute staking rewards. Its purpose is to give price exposure through a broker.

Virtune holds LINK with a custodian as collateral for the ETP. The crypto-asset backs the security you own; it is not a personal coin balance in your name.

Buying through a broker

At your broker, the product can be found by its full name or the ISIN shown below. The broker's order page identifies the listing, trading currency, current buy and sell prices and applicable charges. If the broker offers several listings, they still refer to the same security where the ISIN is the same.

On Xetra, Virtune Chainlink ETP trades under VRTL. The same security, ISIN SE0021149259, uses VIRLINK on Nasdaq Stockholm, VIRLINKE on Nasdaq Helsinki and ETNVIRLINK on the Warsaw Stock Exchange.

The Chainlink product page brings together available brokers, product documents and current details. Account availability and tax treatment depend on your country and account type; the exchange listing alone does not establish either.

Costs of buying and holding the ETP

The management fee is deducted from the product's value over time. It is different from the costs of trading: the broker may charge commission, the buy and sell prices have a spread, and a currency conversion charge can apply when the trade uses a different currency from your cash account. The table below separates these costs.

Costs when buying Virtune Chainlink ETP

Cost	Charged by	When
Brokerage commission	Broker	On every purchase and sale
Difference between bid and ask price	Market	On every trade
Management fee, 1.49% per year	Issuer	Ongoing, from the product's value
Currency conversion	Broker, if applicable	If the product trades in another currency

Risks to understand

Crypto-asset prices can move sharply, so the value of the ETP can fall. Crypto markets continue trading when stock exchanges are closed; the next ETP quote can therefore differ substantially from the previous close.

The security also carries issuer and custody risks. If Virtune cannot meet its obligations, what investors recover depends on the crypto-assets held as collateral and the process for enforcing their rights. Problems with custody or delays in recovery can affect the outcome. These product risks are separate from the convenience of holding the investment at a broker.

The crypto ETP buying guide explains the purchase process and the difference between a security and a crypto-asset holding.