Triggered email template, replace variables in links

Try this:

You select the text or element that you want to bind a URL to and get the standard dialogue box as shown below.

Then you click on the Add Link icon giving the URL dialogue. With the focus on this you either type in a variable you already have ${validationLink} or click on the + Add Variable button, add a new variable which is then populated in the link box. When you execute the send function it substitutes the variable value in the link that will already be being added for the element if you manually used a URL like www.google.com (e.g. validationLink = ‘www.google.com’)