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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

Cryptocurrencies
·May 25, 2022, 16:31 BST

Chainlink Price Prediction: Prices Stagnate Despite Recent Link Adoption

In the past two weeks, Chainlink has struggled to break out of the $6.66 and $7.98 support and resistance levels....
Read More
Cryptocurrencies
·May 18, 2022, 15:35 BST

Chainlink Price Prediction: Bears Resume After Days of Sideways Market

Chainlink is down by two per cent in today’s trading session. After yesterday’s bullish signals, this resulted in the prices...
Read More
Cryptocurrencies
·May 06, 2022, 09:56 BST

Chainlink Price Prediction: Link Likely to fall below $10

In today’s trading session, Chainlink prices have remained relatively stable, with little activity in the market. However, this was not...
Read More
Cryptocurrencies
·May 02, 2022, 15:49 BST

Chainlink Price Prediction: Why Prices are Likely to Trade Below $10

Chainlink is down by a percentage point in today’s trading session. According to year-to-date data, the drop comes amidst a...
Read More
Cryptocurrencies
·Apr 28, 2022, 15:18 BST

Chainlink Price Prediction: Final Call For The Bulls

Our Chainlink price prediction is not looking quite bullish as the price keeps sliding downwards. It is already 77% down...
Read More
Cryptocurrencies
·Apr 18, 2022, 13:42 BST

Chainlink Price Prediction: Are Prices Likely to Fall Below $11?

Chainlink price is seeing a second consecutive day of dropping in today’s trading session. This is after trading sideways for...
Read More
Cryptocurrencies
·Apr 11, 2022, 14:29 BST

Chainlink Price Prediction: Decline Points Towards the $13.56 Support

The Chainlink price prediction of a leg lower following the breakdown of the bearish flag appears to have been fulfilled...
Read More
Cryptocurrencies
·Apr 04, 2022, 12:39 BST

Chainlink Price Prediction: Here’s Why LINK is Set to Cross $20

The Chainlink price has recently been in a slow upward trend as its role in the blockchain industry strengthens. The...
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Cryptocurrencies
·Mar 29, 2022, 09:20 BST

Chainlink Price Prediction: LINK Crosses a Key Resistance Level

Chainlink price has held steady recently as part of the overall strength of Bitcoin and other altcoins. The LINK price...
Read More
Cryptocurrencies
·Mar 21, 2022, 12:38 GMT

Chainlink Price Prediction: Why LINK/USD is Heavily Undervalued

A recent report by Coinbase indicates chainlink’s price is not matched by its recent growth in the total value secured...
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Financial market and cryptocurrency trading and investing carry a high degree of risk, and losses can exceed deposits. Ensure you fully understand the risks involved. Any opinions, news, research, analysis, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. Read the “Risk Disclosure Statement” for further details.

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