Buy/Sell Chainlink (LINK) on WazirX

By July 4, 2019March 21st, 20222 minute read

Namaste Tribe! Chainlink (LINK) is now listed on WazirX as a part of our Rapid Listing Initiative!

You can now buy, sell, trade LINK in our USDT market on WazirX.

What about LINK Deposits & Withdrawals?

LINK is a part of our Rapid Listing Initiative. Hence, we have started LINK trading without enabling its deposits and withdrawals. What does it mean for you?

  • Deposits — You won’t be able to deposit LINK from another wallet to WazirX. However, if you want to deposit high volume of LINK tokens, We will provide you with a special deposit address, and it will allow you to sell your tokens on WazirX. You can contact us by filling up this form here.
  • Trading — You will be able to buy, sell, trade LINK in our USDT market. When you buy LINK, it will appear in your “Funds”
  • Withdrawals — You won’t be able to withdraw LINK from your WazirX wallet. You can, however, sell it in the USDT market.

Read more about the Rapid Listing Initiative here.

Share this news with everyone by clicking here.

Chainlink Trivia

Chainlink (LINK) is a decentralized oracle service, which aims to connect smart contracts with data from the real world. Since blockchains cannot access data outside their network, oracles are needed to function as data feeds in smart contracts. Oracles provide external data (e.g. temperature, weather) that trigger smart contract executions upon the fulfilment of pre-defined conditions. Participants on the Chainlink network are incentivised (through rewards) to provide smart contracts with access to external data feeds. Should users desire access to off-chain data, they can submit a requesting contract to ChainLink’s network. These contracts will match the requesting contract with the appropriate oracles.

You can read their white paper here.

  • Trading price (past 24 hrs): $3.47 (₹243.83 INR)
  • Global Market Cap (past 24 hrs): $1,217,422,208 USD
  • Global Trading Volume (past 24 hrs): $211,834,209 USD
  • All time high: $4.05 (₹278.91 INR)
  • Circulating Supply: 350,000,000 LINK
  • Total Supply: 1,000,000,000 LINK

Happy Trading!

Priyanka works at WazirX, and is HODLing like most of us.
*Above content is migrated from medium to wazirx blog
Disclaimer: Cryptocurrency is not a legal tender and is currently unregulated. Kindly ensure that you undertake sufficient risk assessment when trading cryptocurrencies as they are often subject to high price volatility. The information provided in this section doesn't represent any investment advice or WazirX's official position. WazirX reserves the right in its sole discretion to amend or change this blog post at any time and for any reasons without prior notice.
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