Chainlink and Cardano price continued to rise during the weekend, paring-back some of last week’s losses. Cardano price soared to...
Chainlink
Chainlink is built on Ethereum and is a blockchain oracle meaning it provides a live data feed connection between on-chain and off-chain data. Blockchain oracles are very important because, without them, smart contracts would only be able to access data within their networks, limiting their use cases.
Chainlink’s native token is LINK and was created in June 2017 by SmartContract, a for-profit company.
Is Chainlink a good investment?
ChainLink has a market cap of over $11.3 billion as of October 2021, making it one of the most sought-after cryptos. It has positioned itself as the go-to decentralised Oracle network, but it is still quite volatile, being a cryptocurrency. However, it has the potential for massive gains.
How to trade Chainlink
You will need to choose a suitable crypto exchange to trade LINK, bearing in mind that it’s pretty new and is found on a few crypto exchanges.
Next, you need to create an account by providing your details and verifying them using government-issued ID documents such as a passport, driver’s license, or national/state ID.
Once your account is verified, you can go ahead and deposit the funds you have allocated to trading LINK. Most exchanges have a minimum deposit amount, which you must meet. You can then store your LINK in a secure wallet after buying it.
Latest Chainlink news
Litecoin price dropped today as sentiment in the cryptocurrency industry soured. The LTC price is off by more than 2%...
The Polkadot and Chainlink prices have been in a strong rally recently. In the past 24 hours, Polkadot price has...
Chainlink price has been in a strong uptrend lately. The LINK price has soared to an all-time high of $28....
The Chanlink price has rebounded and is approaching its all-time high as the cryptocurrencies rally gains steam. The LINK price...
The Chainlink price has struggled recently. LINK is trading at $27, which is 14.2% below last week’s high of $31.40....
Crypto whale and Grayscale Investments, which operates the largest digital assets hedge fund, has added Chainlink to the list of...
Chainlink has recovered from the intraday slump which hit several cryptocurrency pairs and is now trading 2.74% higher as of...
The Chainlink price is down sharply as the tragic cryptocurrency correction accelerates. The LINK price is at $31.92, which is...
The ChainLink (LINK) price has stabilized after the carnage of the recent Cryptocurrency bloodbath. After holding major support at $30.0,...