Chainlink is a decentralized network of oracles that provide real-world data from off-chain sources to on-chain smart contracts applications. As of Q1 2022, Chainlink has powered web3 innovation by supporting 900+ decentralized oracle networks with over 2 billion data points, more than 65 million on-chain calls, 4.4 million+ randomness requests and 20k+ automated transactions. Chainlink’s native token is LINK and its utility is used to pay node operators to access oracle services as well as incentivising oracle service providers to provide data assurance and maintain the integrity of the network.
LINK’s all-time high (ATH) price peaked at around $52 in September 2021 and is currently trading at around $7.50 with a fully diluted market cap of about $7.5 billion. Even though prices have fallen 85% from its highs, there is renewed enthusiasm in Chainlink as the team released a blog post in June with regards to a revised roadmap in 2022 and the highly anticipated staking implementation. All eyes are now set on the upcoming annual SmartCon 2022 event organized by Chainlink on September 28-29 in the US and we might potentially see some alpha leaks that would serve as a bullish catalyst for the industry-leading oracle network.
We are excited to announce that Chainlink (LINK) is now available for trading on the Matrixport app, alongside other blue-chip cryptocurrencies like Bitcoin (BTC), Ether (ETH), Solana (SOL), Stablecoins (USDT & USDC) and many more. LINK can be conveniently purchased with a credit card* or via bank transfer** and you can invest, swap, leverage, or apply for a non-liquidation loan with LINK.
*supported currencies for credit card (USD, EUR, HKD, TWD, and 40+ fiat currencies)
**supported currencies for bank transfers (USD, EUR, GBP, and CAD)
Matrixport is one of the world’s largest and most trusted digital assets financial services ecosystem and forges strategic collaborations with early stage Web3 innovators, helping them build, grow and scale. With USD4B in digital assets actively managed, it provides one-stop crypto financial services to meet the emerging needs of generating long term wealth in digital assets. The company’s services include Cactus Custody™, spot OTC, structured products(including Dual Currency), lending as well as asset management.
With its mission to make crypto easy for everyone, Matrixport has a relentless focus on product innovation and offers a comprehensive suite of market leading crypto investment products. In 2021, the number of investors using its app increased by 427%, year-on-year, and the fintech company achieved pre-money unicorn valuation within two years after its inception.
Headquartered in Singapore, Matrixport serves individuals as well as over 500 institutions across Asia and Europe. The company holds a Hong Kong Trust Company License and a Swiss FINMA SRO-VQF Membership. For more information, visit www.matrixport.com.
Chainlink is the industry standard for building, accessing, and selling oracle services needed to power hybrid smart contracts on any blockchain. Chainlink oracle networks provide smart contracts with a way to reliably connect to any external API and leverage secure off-chain computations for enabling feature-rich applications. Chainlink currently secures tens of billions of dollars across DeFi, insurance, gaming, and other major industries, and offers global enterprises and leading data providers a universal gateway to all blockchains.