{"id":4278,"date":"2021-01-26T21:53:28","date_gmt":"2021-01-26T21:53:28","guid":{"rendered":"https:\/\/tokpie.io\/blog\/?p=4278"},"modified":"2024-10-19T18:38:47","modified_gmt":"2024-10-19T18:38:47","slug":"what-is-chainlink-link-token","status":"publish","type":"post","link":"https:\/\/tokpie.io\/blog\/what-is-chainlink-link-token\/","title":{"rendered":"What is ChainLink (LINK) Token?"},"content":{"rendered":"\n<p>Sooner or later, almost all aspects of daily life will go to blockchain thanks to the decentralized applications (DApps). However, any DApp must have a reliable source of data. The most prominent provider of such data is the ChainLink <a href=\"https:\/\/chain.link\/\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"oracle system (opens in a new tab)\">oracle system<\/a>. So, let&#8217;s learn a little bit more about ChainLink, its LINK token, and how to trade it on Tokpie.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">What\u2019s the ChainLink and its LINK Token?<\/h2>\n\n\n\n<p>The perspectives of Ethereum DApps are excellent. Renting of tangible and intangible assets, insurance, lending and borrowing, pensions, wages, the list is endless. But to connect anything to a blockchain smart contract, any DAap needs an independent and reputable source of data (intermediary). The best intermediary is a ChainLink that provides a <strong>decentralized oracle system<\/strong> to many DApps. To use ChainLink&#8217;s oracle system, the DAaps need to have LINK tokens as the means of payment. Therefore, it&#8217;s a good idea to list LINK cryptocurrency on Tokpie Exchange. As a result, many Tokpie users will know about that great platform and promising LINK altcoin.\u00a0\u00a0<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Token Name: ChainLink Token<\/li><li>Symbol: LINK<\/li><li><a rel=\"noreferrer noopener\" aria-label=\"Website (opens in a new tab)\" href=\"https:\/\/chain.link\/\" target=\"_blank\">Website<\/a><\/li><li>Token total supply: 1,000,000,000<\/li><li>Smart contract address: <a rel=\"noreferrer noopener\" aria-label=\"0x514910771af9ca656af840dff83e8264ecf986ca (opens in a new tab)\" href=\"https:\/\/etherscan.io\/token\/0x514910771af9ca656af840dff83e8264ecf986ca\" target=\"_blank\">0x514910771af9ca656af840dff83e8264ecf986ca<\/a><\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">How to buy the LINK token?<\/h2>\n\n\n\n<p>To purchase LINK tokens for <a rel=\"noreferrer noopener\" href=\"https:\/\/tokpie.io\/blog\/tether-usd-ethereum-blockchain-usdt\/\" target=\"_blank\">USDT<\/a>, <a rel=\"noreferrer noopener\" href=\"https:\/\/tokpie.io\/blog\/eth-ethereum\/\" target=\"_blank\">ETH<\/a>, or <a rel=\"noreferrer noopener\" href=\"https:\/\/tokpie.io\/blog\/what-is-wrapped-bitcoin-wbtc\/\" target=\"_blank\">WBTC<\/a> do three simple steps: <\/p>\n\n\n\n<ol class=\"wp-block-list\"><li><a rel=\"noreferrer noopener\" href=\"https:\/\/tokpie.zendesk.com\/hc\/en-us\/articles\/360001325617-4-Fund-your-account\" target=\"_blank\">Fund<\/a> your account with USDT, ETH, or WBTC. If you don\u2019t have crypto, you can <a rel=\"noreferrer noopener\" href=\"https:\/\/tokpie.io\/swap\/?crypto=USDT\" target=\"_blank\">purchase USDT and ETH with a bank card<\/a> in a few minutes.<\/li><li>Open <a rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\" href=\"https:\/\/tokpie.com\/view_exchange\/LINK-USDT\/\" target=\"_blank\">LINK\/USDT<\/a>, <a rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\" href=\"https:\/\/tokpie.com\/view_exchange\/LINK-ETH\/\" target=\"_blank\">LINK\/ETH<\/a>, or <a rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\" href=\"https:\/\/tokpie.com\/view_exchange\/LINK-WBTC\/\" target=\"_blank\">LINK\/WBTC<\/a> order book and place your trade order to <strong>buy<\/strong>. Use this <a rel=\"noreferrer noopener\" href=\"https:\/\/tokpie.zendesk.com\/hc\/en-us\/articles\/360001325637-5-Buy-or-sell-cryptocurrencies-\" target=\"_blank\">instruction<\/a> if you don\u2019t know how to place a trade order.<\/li><li><a href=\"https:\/\/tokpie.io\/blog\/what-is-chainlink-link-token\/#How_to_withdraw_LINK_tokens\">Withdraw LINK<\/a> tokens to your personal Ethereum wallet or hold them on the account.<\/li><\/ol>\n\n\n\n<h2 class=\"wp-block-heading\">How to sell LINK tokens?<\/h2>\n\n\n\n<p>To sell LINK tokens for <a rel=\"noreferrer noopener\" href=\"https:\/\/tokpie.io\/blog\/tether-usd-ethereum-blockchain-usdt\/\" target=\"_blank\">USDT<\/a>, <a rel=\"noreferrer noopener\" href=\"https:\/\/tokpie.io\/blog\/eth-ethereum\/\" target=\"_blank\">ETH<\/a>, or <a rel=\"noreferrer noopener\" href=\"https:\/\/tokpie.io\/blog\/what-is-wrapped-bitcoin-wbtc\/\" target=\"_blank\">WBTC<\/a>, follow three steps: <\/p>\n\n\n\n<ol class=\"wp-block-list\"><li><a href=\"https:\/\/tokpie.io\/blog\/what-is-chainlink-link-token\/#How_to_deposit_LINK_tokens\">Deposit LINK<\/a> tokens on your account.<\/li><li>Open <a rel=\"noreferrer noopener\" href=\"https:\/\/tokpie.com\/view_exchange\/LINK-USDT\/\" target=\"_blank\">LINK\/USDT<\/a>, <a rel=\"noreferrer noopener\" href=\"https:\/\/tokpie.com\/view_exchange\/LINK-ETH\/\" target=\"_blank\">LINK\/ETH<\/a>, or <a rel=\"noreferrer noopener\" href=\"https:\/\/tokpie.com\/view_exchange\/LINK-WBTC\/\" target=\"_blank\">LINK\/WBTC<\/a> order book, and place your trade order to <strong>sell<\/strong>. Read the <a rel=\"noreferrer noopener\" href=\"https:\/\/tokpie.zendesk.com\/hc\/en-us\/articles\/360001325637-5-Buy-or-sell-cryptocurrencies-\" target=\"_blank\">instruction<\/a> if you don\u2019t know how to place a trade order.<\/li><li><a rel=\"noreferrer noopener\" href=\"https:\/\/tokpie.zendesk.com\/hc\/en-us\/articles\/360004531817-How-to-withdraw-cryptocurrencies-from-your-Tokpie-account-\" target=\"_blank\">Withdraw USDT, ETH, or WBTC<\/a> to your personal Ethereum wallet or hold them on the account.<\/li><\/ol>\n\n\n\n<h2 class=\"wp-block-heading\">How to deposit LINK tokens?<\/h2>\n\n\n\n<p>To deposit LINK tokens on your Tokpie account, follow this\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/tokpie.zendesk.com\/hc\/en-us\/articles\/360001325617-4-Fund-your-account\" target=\"_blank\">guide<\/a>.  Also, make sure that you are going to deposit tokens that relate to this smart contract address: 0x514910771af9ca656af840dff83e8264ecf986ca. If you deposit the wrong tokens, Tokpie could not identify your transfer.<\/p>\n\n\n\n<p><strong>Note:<\/strong>&nbsp;Tokpie doesn\u2019t charge any fees for depositing.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">How to withdraw LINK tokens?<\/h2>\n\n\n\n<p>To withdraw LINK tokens from your Tokpie account, use this\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/tokpie.zendesk.com\/hc\/en-us\/articles\/360004531817-How-to-withdraw-cryptocurrencies-from-your-Tokpie-account-\" target=\"_blank\">instruction<\/a>. Besides, you must have an eth compatible wallet address to be able to withdraw tokens. Also, <a rel=\"noreferrer noopener\" href=\"https:\/\/tokpie.io\/fees\" target=\"_blank\">check the withdrawal commission<\/a>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Disclaimer<\/h2>\n\n\n\n<p>Tokpie does not give any investment, legal, tax, financial advice, or warranty of token price performance or successful fundraising. <\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Useful links<\/h2>\n\n\n\n<ul class=\"wp-block-list\"><li>ChainLink <a rel=\"noreferrer noopener\" aria-label=\"website (opens in a new tab)\" href=\"https:\/\/chain.link\/\" target=\"_blank\">website<\/a>.<\/li><li>Market pairs to trade LINK tokens: <a rel=\"noreferrer noopener\" href=\"https:\/\/tokpie.com\/view_exchange\/LINK-USDT\/\" target=\"_blank\">LINK\/USDT<\/a>, <a rel=\"noreferrer noopener\" href=\"https:\/\/tokpie.com\/view_exchange\/LINK-ETH\/\" target=\"_blank\">LINK\/ETH<\/a>, and <a rel=\"noreferrer noopener\" href=\"https:\/\/tokpie.com\/view_exchange\/LINK-WBTC\/\" target=\"_blank\">LINK\/WBTC<\/a> <\/li><li>Also, check LINK <a rel=\"noreferrer noopener\" href=\"https:\/\/tokpie.io\/#home__markets\" target=\"_blank\">Trade statistics on Tokpie<\/a>.<\/li><li>Tokpie\u2019s <a rel=\"noreferrer noopener\" href=\"https:\/\/tokpie.io\/fees\" target=\"_blank\">trade fees and withdrawal commissions<\/a>.<\/li><\/ul>\n\n\n\n<p>For any questions or cooperation, you can contact Tokpie at&nbsp;<a rel=\"noreferrer noopener\" target=\"_blank\" href=\"https:\/\/t.me\/tokpie\">https:\/\/t.me\/tokpie<\/a>.<\/p>\n\n\n\n<p>\u00a0\u00a0 <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Learn about ChainLink and its LINK token. Get a guide on how to trade LINK on Tokpie. <\/p>\n","protected":false},"author":2,"featured_media":4280,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[429],"tags":[923,924,925,926,927,928],"class_list":["post-4278","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-new-listings","tag-chainlink","tag-link","tag-decentralized-oracle-system","tag-buy-link","tag-sell-link","tag-trade-link"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.7 (Yoast SEO v23.9) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What is ChainLink (LINK) Token? - Decentralized Oracle System<\/title>\n<meta name=\"description\" content=\"Learn why ChainLink has a great future. Find a guide on how to buy, sell, deposit, and withdraw the LINK token. Trade LINK against USDT, ETH, WBTC.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tokpie.io\/blog\/what-is-chainlink-link-token\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What is ChainLink (LINK) Token?\" \/>\n<meta property=\"og:description\" content=\"Learn why ChainLink has a great future. Find a guide on how to buy, sell, deposit, and withdraw the LINK token. 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