Today, Coinbase announced that it will be supporting Chainlink (LINK) on their website as well as their Android and iOS apps. Customers will be able to buy, sell, transfer, receive, and store the currency.
Per the exchange’s post on Medium:
Starting today, Coinbase supports Chainlink (LINK) at Coinbase.com and in the Coinbase Android and iOS apps. Coinbase customers can now buy, sell, convert, send, receive, or store LINK.
Chainlink (LINK) is an Ethereum token that powers the Chainlink decentralized oracle network. This network makes it possible for smart contracts on Ethereum to securely connect to external data sources, APIs, and payment systems.
According to Coinbase, LINK will be available to customers in most areas. It will, however not be available to people who reside in the state of New York as of now. That being said, additional jurisdictions will likely be added at a later date.
In September, Coinbase announced a new listing process that was designed partly to accelerate the addition of more cryptocurrencies. The exchange is also investing in tools that will help people understand and explore cryptocurrencies.