ChainLink Price for today is $1.5837116705. Its current circulating supply is LINK 1,000,000,000 with a market cap of $554,299,085.
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Currently, ChainLink (LINK) is trading at $1.5837 with LINK price 3.23% down today. The market cap of ChainLink is USD 554,299,085 with 350,000,000 link circulating currently. The 24-hour price movement chart indicates that $105,260,858 worth of LINK were trading. The price peaked to $1.6300 in the last 24 hours while the lowest price was $1.5700.
CoinSwitch serves as a marketplace and supports almost all popular cryptocurrency exchanges like Changer, ShapeShift, BitSwap and many more. Its converter provides over 45,000 pairs of altcoins to compare prices. CoinSwitch also provides LINK price charts, trading history of the LINK rate, the Chain LINK price prediction and the real-time updated LINK coin price.
The transparency of dealing, zero fees charged and complete information at one-look features of CoinSwitch provide even a new-hand sufficient knowledge to decide when to buy ChainLink, sell ChainLink coin, exchange your LINK value to other digital currencies, or just invest from your LINK Wallet based on the LINK price prediction.
ChainLink price prediction suggest that the ChainLink price is up for a long-term -23.849775% in the LINK price value with a 5-year investment. This means that in the year 2023, the ChainLink price is forecasted to stand at $1.206 . You can keep track of ChainLink’s progress by adding it to your wallet portfolio.
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Link Cryptocurrency is a digital currency operating in a decentralised format. In all ways, this is similar to fiat currencies like the Euro, Dollar etc. and trading in LINK crypto is also similar to trading on the money market. The difference is that these cryptocurrency transactions are conducted on a platform like CoinSwitch the largest cryptocurrency exchange with over 300 altcoins listed on it.
CoinSwitch uses cryptography to make all transactions secure, and its transactions on blockchain technology are lightning fast. You are now in the world of virtual money with a Chain LINK Wallet from where you can buy LINK Coins, sell Links, exchange LINK with other altcoins and build your portfolio with investments. All transactions are untraceable, secure and unregulated while CoinSwitch does not charge any transaction fees.
To obtain a LINK Wallet, one must visit the official website and by using physical money coins like BTC, Ethereum and such. These can then be used to buy Chain LINK coins for 1 Bitcoin. Your digital wallet is all you need to hold, store and trade in ChainLink LINK currency and altcoins. The currency is widely accepted between peers, and you can buy virtual goods and services using your virtual wallet. You are truly your own bank albeit in a virtual digital world.
ChainLink uses its technology in blockchains and smart contracts to access data feeds, web APIs, and traditional bank account payments to mimic real-world agreements that require external proof of performance, e.g. bank payments, DD etc. The ChainLink network utilises the LINK token and ChainLink Node operators to retrieve data, format it, compute it and guarantee payments from off-chain data feeds.
Networks like Ethereum use a ChainLink node and need to pay their chosen ChainLink Node Operator using LINK tokens. The LINK token is an ERC20 token, with the additional ERC223 “transfer and call” functionality of transfer allowing tokens to be received and processed by contracts within a single transaction. Smart technology and self-sustaining in operations LINK should be a part of your portfolio as a long-term investment.
If you are new to crypto trading, it's always advisable to learn about, what is ChainLink, it's benefits and indicative return on investment.