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
Chainlink is down by a percentage point in today’s trading session. According to year-to-date data, the drop comes amidst a...
Our Chainlink price prediction is not looking quite bullish as the price keeps sliding downwards. It is already 77% down...
Chainlink price is seeing a second consecutive day of dropping in today’s trading session. This is after trading sideways for...
The Chainlink price prediction of a leg lower following the breakdown of the bearish flag appears to have been fulfilled...
The Chainlink price has recently been in a slow upward trend as its role in the blockchain industry strengthens. The...
Chainlink price has held steady recently as part of the overall strength of Bitcoin and other altcoins. The LINK price...
A recent report by Coinbase indicates chainlink’s price is not matched by its recent growth in the total value secured...
The Chainlink price has bounced back in the past few days as cryptocurrency prices rebound. LINK, the platform’s native token,...
Chainlink solved a major problem that had plagued blockchain technology by introducing a way to integrate off-chain data required by...