News Chainlink goes live on Coinbase's main exchange

Chainlink goes live on Coinbase’s main exchange

-

- Advertisment -

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.

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.

Source

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest news

What’s the future of decentralized blockchains?

When Bitcoin was new and not valued at anything or just a few cents anyone could join...

My 5 favorite free crypto tools & sites I use daily

So I often get asked by friends, or people visiting my site about new tips for exciting...

Cryptocurrency is The Last Kingdom Where You Can Keep Your Data Private

Data privacy has been a hot topic for quite some time now and particularly after the popularity...

How To Travel With Bitcoin: 9 Travel Companies Accepting Bitcoin

Bitcoin travel is a reality, as several travel companies now accept payments in cryptocurrencies for their services.
- Advertisement -Chainlink goes live on Coinbase's main exchange

Top 5 Ways To Build a Profitable Business in The Crypto Sector

The crypto industry has grown significantly despite criticism and a skeptical approach from regulators across the globe....

These 8 Cryptocurrencies Will Survive the Next Decade

Cryptocurrency is the future, we all have reasons to believe it. But are people ready...

Must read

- Advertisement -

You might also likeRELATED
Recommended to you