Chainlink Tops One Day Trading Volume of $291.83 Million (LINK)

Chainlink (LINK) traded 0.2% higher against the US dollar during the 1-day period ending at 8:00 AM ET on August 16th. Over the last seven days, Chainlink has traded up 13% against the US dollar. Chainlink has a market cap of $7.00 billion and approximately $291.83 million worth of Chainlink was traded on exchanges in the last day. One Chainlink token can now be bought for approximately $9.36 or 0.00014869 BTC on major cryptocurrency exchanges.

Here is how related cryptocurrencies have performed over the last day:

• Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• UZDT (UZDT) traded 0% lower against the dollar and now trades at $1.00 or 0.00001588 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded 0% higher against the dollar and now trades at $62,918.47 or 0.99947711 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Chainlink Token Profile

Chainlink’s launch date was September 13th, 2017. Chainlink’s total supply is 1,000,000,000 tokens and its circulating supply is 748,099,970 tokens. The official website for Chainlink is chain.link. The Reddit community for Chainlink is https://reddit.com/r/chainlink and the currency’s Github account can be viewed here. The official message board for Chainlink is blog.chain.link. Chainlink’s official Twitter account is @chainlink and its Facebook page is accessible here.

According to CryptoCompare, “Chainlink is a blockchain-base middleware, acting as a bridge between cryptocurrency smart contracts and off-chain resources like data feeds, various web APIs, and traditional bank account payments. This way, Chainlink allows Smart Contracts to communicate with external resources on their own. LINK is an ERC20 token based on the Ethereum Blockchain. It is used to pay Chainlink Node operators for the retrieval of data from off-chain data feeds, formatting of data into blockchain readable formats, off-chain computation, and uptime guarantees they provide as operators. Telegram, Discord, YouTube, WeChat, Kakao, Reddit, GitHub, MediumWhitepaper”

Buying and Selling Chainlink

It is usually not possible to buy alternative cryptocurrencies such as Chainlink directly using US dollars. Investors seeking to trade Chainlink should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, GDAX or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Chainlink using one of the aforementioned exchanges.

LINK/USD price chart by TradingView