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Japanese Messaging Giant LINE’s LN Token Trading on BitMax

Japanese Messaging Giant LINE’s LN Token Trading on BitMax

Crypto alternate BitMax simply made Japanese messaging app LINE’s token obtainable for buying and selling.

Based on an Aug. 6 discover from LINE, the largest messaging app in Japan with 84 million lively month-to-month customers will probably be making its native LINK (LN) token obtainable for buying and selling by way of crypto alternate BitMax. This makes LN the sixth crypto asset at the moment supported by the alternate, together with Bitcoin (BTC), Ethereum (ETH), XRP, Bitcoin Money (BCH), and Litecoin (LTC).

The LN token was initially issued in 2018 for customers as a part of a rewards program by way of the messaging app. BITFRONT, LINE’s native alternate that covers areas outdoors Japan, began supporting the token in October 2018. 

LINK or Chainlink?

Although the unabbreviated identify of LINE’s token is LINK, it has completely no connection to crypto asset Chainlink (LINK). LINE’s LN token launched in August 2018, virtually a yr after Chainlink debuted.

Maybe in an try to differentiate itself from Chainlink, LINE’s web site and LN whitepaper now not refers back to the authentic blockchain identify of “LINK chain,” however relatively the LINE blockchain.

Nevertheless, In an announcement to Cointelegraph, a consultant from LINE stated the corporate had no plans to rebrand or rename the cryptocurrency.

The value of the LN token is $20.99 on the time of writing, having risen 31.8% within the final 24 hours.

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