Chainlink goes live on Coinbase’s main exchange

Chainlink has just landed on Coinbase’s retail platform. It can now be bought and sold on the exchange—but traders in New York will have to wait before they get access.

- Advertisement -

As expected, this comes just two days after Chainlink launched on Coinbase’s professional trading platform, Coinbase Pro.

The Ethereum-based token is a decentralized oracle provider, aiming to connect smart contracts to external data sources, APIs, and payment systems. It’s already being used by various projects, including Celer, Ocean Protocol and Wanchain. (See our complete list here.)

Chainlink announced one of its biggest partnerships in recent days, connecting with Google to make it easier for developers to match  from BigQuery with data from the outside world. It also recently announced a collaboration with the world’s third-biggest software company, Oracle.

As usual with Coinbase listings, the token isn’t initially available to traders in New York, since it has higher regulatory standards. While Coinbase didn’t commit to whether it will be available there in the future, it has introduced some tokens like XRP in the area. However, there are still a number of tokens that have been on the exchange for even longer, including EOS and Stellar (XLM), that are still unavailable in New York.

The price of Chainlink’s native asset LINK rose 10 percent when the Coinbase Pro news broke on Wednesday.  It rose 4 percent so far on the heels of today’s announcement.

The oracle provider is already listed on Binance and other leading exchanges, including eToro and Huobi.

- Advertisement -

Source

Previous Articles:

- Advertisement -

Latest

Gold-Backed Cryptocurrencies Surge as Investors Seek Digital Safe Haven

Gold-backed cryptocurrencies like Paxos Gold (PAXG) and Tether Gold (XAUT) have surged over 24% year-to-date to all-time highs above $3,300.While tokenized gold has thrived...

Mantra (OM) token plummets 90% in 24 hours, wipes out $6B market cap

Mantra (OM) token has crashed over 90% in 24 hours, plummeting from $6.3 to under $0.50, wiping out most of its $6 billion market...

Crypto Gaming Tokens Plummet, Vanish from Top 100 as Market Struggles

Gaming tokens have disappeared from the top 100 cryptocurrency rankings by market cap despite having six representatives a year ago.Eve Frontier launched a 10-day...

Trump to impose new semiconductor tariffs on electronics within months

Commerce Secretary Howard Lutnick clarified that recent tariff exemptions for consumer electronics are only temporary.New semiconductor-focused tariffs are expected within "a month or two"...

AI Revolution: Emotional Agents Could Solve Web3 User Experience Crisis

AI agents with emotional capabilities could make Web3 tools more accessible by providing personalized guidance to new users.The steep learning curve of Web3 applications...

Must Read

Top 10 Best Cryptocurrency Lending Platforms

This article needs an update. Many of the platforms listed here have closed their doors.In this article, we are presenting the best cryptocurrency lending...