What is ChainLink Token (LINK)?

The ChainLink Token is based upon the Ethereum blockchain and works on the Proof of Stake approach. The LINK coin being an ERC20 token is supported by all wallets supporting Ethereum by design.
ChainLink Token uses Ethereum’s smart contracts to provide live, peer-to-peer, decentralised, secure, and robust betting platforms for users

Best wallets for ChainLink Token

Wallet Wallet Type Security

Supported ERC20 tokens

Supported Multiple Coins

Price Overall rating website
Hardware Great $65 Visit website
Hardware Great $97 Visit website
Hardware Great $129 Visit website
Online Good Free Visit website

browser extension Good Free Visit website

Software Good Free Visit website
Software Good Free Visit website

Software Good Free Visit website

What to look for in an ChainLink Token wallet

There are several key features that make up a good ChainLink Token wallet, so keep an eye out for the following features when comparing your options:

  • LINK compatibility LINK is an ERC20 token on the Ethereum blockchain, so you’ll need to look for a wallet that’s compatible with these tokens, all of the wallets listed above support storing Ether (ETH) as well as any ERC20 token,and LINK is supported.
  • Control private keys A wallet where you own and control your keys.This is essentially the keys to accessing your ChainLink Token token, and security here is non-negotiable.
  • Developer community Active development community for maintenance. Look for an active development community that has a promising future.
  • Backup & security features Seed backup keys and pin codes.
  • Good reviews Seek out independent online reviews of any wallet you’re considering to learn about its pros and cons. Would other users recommend this wallet to anyone looking to store LINK?

 

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