Chainlink (LINK) logo
Chainlink (LINK) logo

Chainlink (LINK) Price and Reviews

Expert Review
May 23, 2020

ChainLink (LINK) is the native currency of the ChainLink platform. It represents an ERC-20 token is listed on multiple exchanges paired against major cryptos. At the time of writing, you can trade LINK against the fiat USD currency on the Coinbase Pro. 

Smart contracts are not able to access data on their own. Since connecting these contracts to data via node is deemed as a point of failure, using a decentralized service could be a solution.

Therefore, the ChainLink project sees its mission in the integration of the off-chain data into smart contracts through a reliable decentralized oracle network. LINK tokens hit the market in 2017 and the currency quickly made its way to top 50 cryptocurrencies by market cap. Later it reached the top 20. ChainLink partners with a large banking network SWIFT.

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The opinions and assessments expressed in the text are the views of the author of the article and may not represent the position of Cryptogeek. Do not forget that investing in cryptocurrencies and trading on the exchange is associated with risk. Before making decisions, be sure to do your own research on the market and the products you are interested in.
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User reviews
Noneofyourbusiness 14 October 2019, 2:26 PM
5.0

10/10 Project with some serious backing, keep your eyes on this coin.

Related news
Site: chain.link
Market cap: $ 14,190,000,000.0
Supply: 1,000,000,000.0
Price (USD): $ 14.19
Volume 24h: $ 38,326,019.45028
Change 24h: 9.65%
Smart contract address: 0x514910771af9ca656af840dff83e8264ecf986ca
Total supply: 1,000,000,000.0
Total coins mined: 1,000,000,000.0
Is trading: yes
Block reward: 0.0
Chainlink (LINK) logo

Chainlink (LINK) Price and Reviews