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Chainlink (LINK)







What is Chainlink (LINK)?

Chainlink is a decentralized oracle network that allows blockchains to utilize real-world data and information from outside sources. Since most blockchains were built with a focus on network security and internal functionality, they face difficulties when integrating external, abstract data.


Chainlink helps overcome this problem by pulling in data from trusted sources on its decentralized Oracle Network. Then, it aggregates the results from multiple, independent sources to verify the accuracy and quality of the information. That way, blockchain smart contracts can expand their functionality and be used in various applications, from tracing supply chains to monitoring voting results.


What is LINK used for?


LINK is Chainlink’s native utility token. It’s used to reward staking nodes and helps secure the network. LINK also facilitates payments that ensure stable contracts and data accuracy.


How do I buy LINK?


It’s easy to buy Chainlink in Australia by joining a trusted trading platform like Coinstash. Simply create your account and verify your personal details. Then, deposit some funds and purchase LINK. It’s as simple as that!


Learn how to sell Chainlink.


Why should I trade Chainlink with Coinstash?


Coinstash AU is one of the highest-rated crypto platforms in Australia. Since 2017, we’ve been a one-stop crypto solution for thousands of customers.


People love our great customer support, easy-to-use interface, industry-leading security, and other innovative features. We’re also an AUSTRAC registered exchange and have an AFSL license so that you can trade with confidence.


Ready to start trading Chainlink (LINK)? Create your Coinstash account in minutes!

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