Popular Trading Pairs in WhiteBIT: Chainlink Crypto
The cryptocurrency market is developing despite the overall collapse that happened in the spring of 2022. We can see many new crypto projects emerging and filling the crypto rates. Those that prove credibility appear in large and popular crypto platforms such as Binance, Coinbase, Kraken, WhiteBIT, etc.
Let’s talk about popular crypto pairs on the WhiteBIT crypto exchange and discuss the Chainlink project in particular.
What is so Special about WhiteBIT?
WhiteBIT is a young crypto platform that has already gained millions of loyal users worldwide. The exchange belongs to a centralised type, which means it complies with all the regulations in this field and keeps track of transactions, ensuring safety and security for its clients and their funds.
The exchange offers popular trading tools:
- Futures derivatives
- Margin and leverage
- Spot market
- Referral program.
The platform enables trading bots and many other features that help traders generate income.
WhiteBIT supports over 400 trading pairs, and the list is constantly added with new and promising crypto assets. LINK USDT is one of the most traded pairs on the exchange. Let’s talk about it briefly.
Link is a native currency of the Chainlink crypto project. The name suggests the platform provides the connection between off-chain projects and blockchain. Link supports popular networks such as Ethereum, Solana, and others, providing safe and efficient data transfers through hybrid smart contracts.
The project made a buzz in the crypto industry when the Chainlink price reached $52 in May 2021. Since then, the rate has gradually decreased, and today’s price is just a bit over 6 dollars (October 2022).
The project has positive prospects, and experts forecast the Link price can reach 12,54 dollars in 2023. However, before investing in any digital asset, we recommend you do research and assess the risks connected with such a purchase.