tractornewby,
I bought the same chain at TSC. I thought that it was a very good buy at <$30. They only had one in stock the day I bought it or I would have gotten two. I did go ahead and get a clevis that I attach to my drawbar to run the chain through. I also wrap the chain around my lift arms like in your pictures when I'm moving from tree to tree. Looks like we use a lot of the same tools/methods for skidding logs.
Later,
BR