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Chainlink

$14.75
arrow_drop_up3.73%
volume
112.07Volume 24h
bid/ask
14.17 / 14.76Bid/Ask
change
3.73 %Change
market cap
$4.72BMarket Cap
24h high/low
$14.76 / $14.75 24 Hour High/Low
supply
1BSupply
summary
Original AuthorSergey Nazarov, Steve Elli
Initial releaseSeptember 20, 2017
Websitechain.linkExternal link
Circulating Supply4.72B
Supply Limit1B
All Time High$ 14.76
All Time Low$ 14.75

Chainlink

ChainLink is a blockchain middleware that uses nodes to transfer information into and out of the blockchain. This technology has allowed the process to do so while maintaining security, trust, and decentralization properties.

ChainLink was founded in September 2014 by Sergey Nazarov and Steve Ellis in the Cayman Islands.

Yes, you can.

ChainLink stakers run a ChainLink node or join a staking pool in order to connect blockchains to off-chain data. Stakers are given LINK as compensation for doing so.

The exact date has not been released yet. However, you can see ChainLink’s documentation on running a ChainLink node in order to get ready for when it goes live.

The LINK token is used in the ChainLink network to compensate the node operators that retrieve data from external sources and turn it into a blockchain readable format.

Yes, ChainLink is built on Ethereum. It claims to solve some of the issues that Ethereum faces.

The LINK token is the cryptocurrency of the ChainLink network.

ChainLink is now available to trade on NDAX, which makes the process affordable, safe, and fast.

ChainLink is now available to buy and sell on NDAX. This will allow for affordable, safe, and fast transactions. Canadians can buy ChainLink (LINK) on NDAX by following these steps: o Login to NDAX o Once you log in you will be redirected to your dashboard o On the right side of the screen, you can find our Quick Buy/Sell widget o Click the small GREY ARROW in the upper left corner of the screen to pick the LINK/CAD pair o Input the amount in LINK that you want to buy o Click BUY (Green button) o Click BUY (Green button) again within 5 seconds to confirm your order

Selling ChainLink in Canada can be done through a cryptocurrency exchange. However, utilizing a platform such as NDAX will allow for affordable, safe, and fast transactions.

Trading ChainLink is made affordable, safe, and fast through cryptocurrency exchanges such as NDAX. NDAX’s trading fee is 0.2%.

Converting ChainLink to cash in Canada is made affordable, safe, and fast with platforms such as NDAX. Step 1: Sell your LINK for CAD o Login or sign up to NDAX o Once you log in you will be redirected to your dashboard o On the right side of the screen, you can find our Quick Buy/Sell widget o Click the small GREY ARROW in the upper left corner of the screen to pick the LINK/CAD pair o Input the amount in LINK that you want to sell o Click SELL (Red button) o Click SELL (Red button) again within 5 seconds to confirm your order Step 2: Send a withdrawal to any Canadian bank or Financial institution o Click WITHDRAW at the top of the screen o Select the FIAT TAB on the left side of the screen o Ensure CAD is selected and click the WITHDRAW button o Choose the method of withdrawal: EFT or WIRE TRANSFER o Select BANK ACCOUNT or ADD ACCOUNT if this is your first time. Type in the amount you’d like to withdraw or click MAX o Click WITHDRAW NOW Your Chainlink funds have now been converted to CAD and sent to a bank or financial institution to be cashed out.

It is highly recommended that you always store your LINK in a cryptocurrency hardware wallet. Check out Ledger or Trezor for your hardware wallet needs.

Withdrawing ChainLink can be done through a cryptocurrency exchange such as NDAX that makes the process affordable, safe, and fast. The following steps will help you withdraw cryptocurrency: o Login NDAX o Once you log in you will be redirected to your dashboard o Click WITHDRAW at the top of the screen o Click the CRYPTOCURRENCY TAB on the left side of the screen o Select ChainLink o Click the WITHDRAW BUTTON o ENTER THE DESTINATION ADDRESS you’d like to send the cryptocurrency to. o ENTER the DESTINATION TAG or MEMO ID if applicable. o Click the green WITHDRAW NOW button

No, but it can be staked which is a similar concept.

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