Chainlink (LINK) Gets Listed on KuCoin!

Chainlink (LINK) Gets Listed on KuCoin!

08/18/2020, 10:00:00

Dear KuCoin Users,

KuCoin is extremely proud to announce yet another great DeFI project coming to our trading platform. Chainlink (LINK) is now available on KuCoin. Supported trading pairs include LINK/USDT and LINK/BTC.

Please take note of the following schedule:

  • Deposit: 18:00 on August 19, 2020 (UTC+8)
  • Trading LINK/USDT : 18:00 on August 20, 2020 (UTC+8)
  • Trading LINK/BTC : 18:00 on August 20, 2020 (UTC+8)
  • Withdrawal: 22:00 on August 20, 2020 (UTC+8)

Project Summary

Total SupplyMarket CapIssue DateConsensus Protocol
1,000,000,000$6,716,492,653 2017-09-22POW
Circulating Supply24hr VolumeIssue PriceCryptographic Algorithm
350,000,000$1,644,851,909$0.11Ethash

* The key metric numbers are calculated as at August 17,2020; Issue Price represents the price of the latest private sale price.

Chainlink (LINK) is a decentralized network that provides information (oracles) to smart contracts. Founded in 2017 by Sergey Nazarov and Steve Ellis, Chainlink aims to solve the problem of off-chain information sourcing by smart contracts for their execution parameters. The ChainLink network allows users who have either a data feed or information carrying APIs to easily provide information to smart-contracts in exchange for the LINK token.

The Link Network provides timely and accurate information to smart contracts via a decentralized network of oracles (data feeds and APIs). This information is critical to the effective and accurate execution of smart contracts, as the information required exists off-chain and a reliable method for getting the information on chain is necessary. The LINK token serves as a payment for smart contracts that utilise the data provided by the Link Network, with oracles that provide accurate information being rewarded in proportion to their staked LINK.

Website: https://chain.link/

Whitepaper: Click to view

Risk Warning: Investing in cryptocurrency is akin to being a venture capital investor. The cryptocurrency market is available worldwide 24 x 7 for trading with no market close or open times. Please do your own risk assessment when deciding how to invest in cryptocurrency and blockchain technology. KuCoin attempts to screen all tokens before they come to market, however, even with the best due diligence, there are still risks when investing. KuCoin is not liable for investment gains or losses.

Regards,

The KuCoin Team.

Language