Convert LINK to USD
List of cryptocurrencies and tokens supported by PassimPay crypto wallet. Secure storage for a variety of digital assets.
btcBitcoin
tonToncoin
ftnFasttoken
ltcLitecoin
busdBinance USD
ethEthereum
bchBitcoin Cash
zecZcash
dogeDogecoin
bnbBinance Coin
usdtTether
trxTron
usdcUSD Coin
xrpRipple
usddUSDD
eosEOS
adaCardano
shibShiba Inu
dashDash
hftHashflow
dydxdYdXlinkChainlink
aaveAave
crvCurve DAO Token
achAlchemy
maticPolygon
daiDai
nearNEAR Protocol
atomCosmos
twtTrust Wallet
dotPolkadot
avaxAvalanche
flowFlow
ksmKusama
solSolanaWhat is Chainlink?
LINK is a cryptocurrency that acts as a token for the Chainlink project. The purpose of the currency is to support an Oracle network that allows smart contracts to access external data while maintaining an appropriate level of security. Chainlink was originally based on the Ethereum blockchain, but the project now covers several other decentralized ecosystems.
A key feature of Chainlink is that it allows getting data from multiple external sources at once to get consensus. This works in the following way:
- There are several node operators in the system at once.
- Based on each such operator, there are oracles.
- Each oracle searches the sources for information, then compares the data received and provides a final result.
The response to the request from the smart contract is information covering the entire market area (depending on the topic) rather than one specific variant.
In this case, the LINK token is to pay node operators and, therefore, oracles. In addition, the coin ensures the stability and accuracy of data processing in the network.
History of the creation of the token LINK
The Chainlink project started in 2017. At that time, the LINK token raised $32 million via ICO. The launch of the network itself took place in 2019. The founders were Sergey Nazarov and Steve Ellis. Several experts and academics also got involved in the development. It was after the launch of the project that the coin showed popularity and growth in price.
The value of the coin LINK
The coin is now one of the top 20 cryptocurrencies by capitalization — it exceeds $3 billion, with a daily trading volume of almost $216 million. The maximum rate was in 2021 — USD 52.70. The lowest figures are in the year of the token's launch (2017). At that time, the price was USD 0.15.
How to get LINK?
Many popular e-wallets support this coin. One of the most reliable and convenient options is PassimPay. It provides easy access, multiple payment functions, security, and instant payments.
What is more, with PassimPay you can convert LINK into more than 50 coins and vice versa. It is easy to use, offers a great variety of exchanging directions, and charges low fees for exchanges and withdrawals.