On Tuesday, October 16, 2018, the company announced that LINK token (LN) is exclusively available for trading on Bitbox. It is paired against BTC, ETH, and stablecoin USDT.
— BITFRONT (@bitfront_global) October 16, 2018
LINE’s CEO, Takeshi Idezawa said,
We’re very please that users are now able to trade LINK on BITBOX. This is a major step forward in our plans for creating a token economy that rewards user participation.
LINE launched Bitbox earlier this year in Singapore owing to its friendly crypto-regulations. The exchange, operated by Singapore’s LINE tech plus, has listed 30 virtual currencies like BTC, ETH, LTC etc and supports over 15 languages. The crypto exchange is available globally with the exceptions of Japan and the US. In the listing announcement, Bitbox said,
“LINK is the digital token that powers the LINE token economy. It can be used to pay for or receive benefits from various LINE service categories, such as content, commerce, social, gaming, and digital asset exchange. LINK holds a minimum value of USD 5 when used for payment within the LINE ecosystem but can rise in value according to market conditions.
Line intends to develop both online and offline connections for users. Basically, to get rewards and pay with LINK especially in LINE’s diverse Dapps. An example of Dapp’s by LINE is Wizball and 4CAST, where payment accomplishes using LINK.
#LINK (LN), the new digital token created by #LINE, is now exclusively available for trading on @bitbox_official, tradable with #Bitcoin, #Ethereum and #Tether! Airdrop events are available as well, so start trading now! https://t.co/HcRq4WXnci#LINETokenEconomy #BITBOX #Crypto pic.twitter.com/rbYkU5JguK
— LINE Global (@LINE_Global) October 16, 2018
LINK token is now trading at $0.38 in Binance (at the time of this article) with a 24-hour change of +6.16 percent. Did you get on the LINK train to profits?