Litecoin price dropped today as sentiment in the cryptocurrency industry soured. The LTC price is off by more than 2%...
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
After closing the markets with a 3 per cent gain in yesterday’s trading session, Chainlink is down by less than...
Crypto whale and Grayscale Investments, which operates the largest digital assets hedge fund, has added Chainlink to the list of...
The price of Chainlink (LINK) has shown a very strong recovery in the last few weeks. The native asset of...
The Chainlink price has been under intense pressure as the cryptocurrency industry struggles. LINK, its native token, has dropped to...
The Chainlink price is inching higher on Thursday as LINK attempts to gather some bullish momentum to finish the year...
The Chainlink price suffered heavy losses yesterday, sliding 35%, as a wave of selling crushed the cryptocurrency market. Chainlink (LINK/USD)...
Chainlink price has recently broken below a multiyear uptrend which started way back in March 2020, right after Covid crash. Chainlink...
Chainlink price has been in a strong uptrend lately. The LINK price has soared to an all-time high of $28....
The ChainLink price is attempting to bounce from Friday’s low, but significant obstacles litter LINK’s path higher. ChainLink (LINK) is...