9 Dec

Chainlink Review – Lowdown on LINK Betting

Review of Chainlink Coin: History, exchange data and betting with LINK.

Review of Chainlink Coin: History, exchange data and betting with LINK.Chainlink (LINK) is a cryptocurrency that was built to solve the biggest problem facing technology today – human error. Chainlink incorporates a next-gen protocol known as oracles. Oracles essentially scour blockchain data entries to ensure their accuracy and proper functionality. Like all truly innovative cryptos, Chainlink was immediately recognized for its revolutionary status, quickly growing into a top-performer in the digital coin market.

Chainlink Crypto Review

Among crypto aficionados, Chainlink is preferred for its trustless accuracy. By “trustless”, they mean you don’t have to have trust in it. It just works. The concept was so revolutionary, when LINK held its ICO in 2017, it was one of the biggest events in market history, raising US$32 million. Chainlink has been going strong ever since. See the time-stamp values below to track its growth rate over time, and scroll down to learn more about the history of LINK, where to buy it, and which crypto casinos offer LINK betting.

LINK Launch Date
September 21, 2017
Value at Launch
$0.1698
Jan 1, 2020
$1.80
July 1, 2020
$4.70
Dec 1, 2020
$12.44
Note: All price values are listed in US$.

History of Chainlink Cryptocurrency

Chainlink (LINK) is a blockchain technology operating on an oracle network that utilizes smart contracts to guarantee transactions. A smart contract does for crypto trading what an escrow account does for real estate markets. All valuables in a trade are secured in the smart contract, with all parties receiving their end of the bargain at the exact same time, once all obligations are met. LINK had its ups and downs over the years, but a number of partnerships with major players like Ethereum Classic and Binance Coin saw the crypto rise in the ranks to fifth largest digital asset by market cap in August 2020, surpassing Bitcoin Cash.

Where to Buy & Store LINK Coins

LINK Chainlink Crypto AltcoinChainlink went live on the Ethereum Mainnet in May 2019. Since then, it has been readily available for purchase on all major exchanges, including Coinbase and Coindesk. LINK is an Ethereum ERC-20 token, so you can store your coins in any Ethereum-compatible wallet (MyEtherWallet, MyCrypto, etc.)

LINK Online Casinos

Chainlink is largely used by companies that utilize smart contracts in the development of new products, or as a secure means of contracting services to be rendered. As such, it isn’t exactly on the A-list for crypto casinos, but there are a few good ones out there that recognize Chainlink for its preferred functionality. Having personally researched and accessed a plethora of crypto iGaming sites, I can recommend the following LINK online casinos:

The Best Canadian Bitcoin Casino for 2021

Review of Playamo Bitcoin Casino, Where BTC & Fiat Betting CollidePlayamo is a specialty casino tailored to players wishing to utilize bitcoins and play in a safe and anonymous manner. It caters to Canadians who use cryptocurrencies and also traditional cards like Visa/ Mastercard. Check the Playamo Canadian deposit options page ->here<- to see if your deposit modality of choice is accepted. Highly trusted, secure, and one of the select few Bitcoin enabled casinos that actually has a license, under Curacao.

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