In today’s trading session, Chainlink prices have remained relatively stable, with little activity in the market. However, this was not...
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
The Chainlink price has bounced back in the past few days as cryptocurrency prices rebound. LINK, the platform’s native token,...
Crypto whale and Grayscale Investments, which operates the largest digital assets hedge fund, has added Chainlink to the list of...
The Chainlink price is pushing towards last week’s high, which may signal the start of another extended bull run. Chainlink...
Chainlink (LINK) price action in the last 18 months has been disappointing, to say the least. The price has remained...
Chainlink is down by a percentage point in today’s trading session. According to year-to-date data, the drop comes amidst a...
The ChainLink (LINK) price has stabilized after the carnage of the recent Cryptocurrency bloodbath. After holding major support at $30.0,...
Chainlink’s price is up by a percentage point in today’s trading session and continues to show signs that it may...
The ChainLink price has paused following Bitcoins reversal below $40,000. But does this signal the start of a correction, or...
The Cardano price is surprisingly quiet on Monday despite some recent positive announcements. ADA is trading at $2.20 (-0.40%), around...