Chainlink (LINK) is set to launch on the Coinbase PRO service in aproximately 12 hours.
Transfers have been opened at 10am Pacific Time and once a sufficient supply of LINK is reached, trading is set to open for LINK/USD and LINK/ETH trading pairs. Trading will be opened in phases and once metrics for a healthy market are met, trading fully unlock.
Coinbase also wants to open up trading to its consumer mobile apps and coinbase.com, stating:
“Please note that LINK is not yet available on Coinbase.com or via our consumer mobile apps. We will make a separate announcement if and when this functionality is added.”
Coinbase PRO users have been requesting more assets and Chainlink (LINK) should be seen as a great addition to the Coinbase PRO portfolio.
The move comes after Chainlink (LINK) reached a new All-Time-High of $2.42 following an announcement by Google and Oracle that Chainlink will be their provider of choice for blockchain cloud applications.