LINE Tech Plus, the global cryptocurrency and blockchain subsidiary of LINE Corporation, has announced the listing of its native token, LINK (LN), on the major digital asset exchange MEXC Global. This move is part of LINE’s ongoing effort to expand its blockchain ecosystem and improve token liquidity worldwide.
MEXC Global is recognized for its high-performance trading engine, which is capable of processing up to 1.4 million transactions per second. The platform offers more than 1,400 cryptocurrencies to users across 70 countries. With this listing, LINK can now be traded using Bitcoin (BTC) and is accessible on multiple platforms including BITFRONT, LINE BITMAX, Bithumb, and MEXC.
Looking ahead, LINE aims to pursue additional listings on other global exchanges to further enhance LINK’s accessibility and utility.
Expanding the LINE Blockchain Ecosystem
LINE continues to develop a comprehensive token economy and expand its presence in the blockchain space. In April 2022, LINE Xenesis—LINE’s Japanese crypto and blockchain branch—launched "LINE NFT," a marketplace for non-fungible tokens offering end-to-end transaction services.
Moreover, through its subsidiary LINE NEXT Inc., the company is actively building a global NFT ecosystem. Its platform "DOSI" has already released a beta version and recently opened the DOSI Store, allowing brands and businesses to market and sell NFT-based products.
These initiatives reflect LINE’s commitment to advancing Web3 technologies and fostering collaborative growth within the digital asset community.
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Understanding the LINK Token
LINK (LN) is a cryptocurrency issued on LINE Blockchain—a proprietary private blockchain network developed by LINE. Below are key details regarding the token:
- Token Name: LINK (LN)
- Issuer: LINE TECH PLUS PTE. LTD.
- Unit: LINK
- Total Supply: Capped at 1 billion tokens
- Distribution: 800 million tokens are allocated for user rewards, while 200 million are held in reserve by LINE Tech Plus.
LINK is designed to be integrated into various LINE services, encouraging user engagement and supporting a growing decentralized economy.
Frequently Asked Questions
What is LINK (LN)?
LINK is a cryptocurrency created by LINE Tech Plus and operates on the private LINE Blockchain network. It is used across multiple LINE services and is now tradable on several major exchanges.
Where can I trade LINK tokens?
As of now, LINK is available for trading on MEXC Global, BITFRONT, LINE BITMAX, and Bithumb. The company has plans to expand to other global exchanges in the future.
What is the total supply of LINK?
The maximum supply of LINK is fixed at 1 billion tokens. Of these, 800 million are dedicated to user incentives, and the remaining 200 million are held as a company reserve.
How does LINE plan to develop its NFT ecosystem?
LINE is advancing its NFT infrastructure through platforms like LINE NFT in Japan and DOSI globally. These marketplaces allow users and businesses to create, buy, and sell NFTs with ease.
What is MEXC Global?
MEXC Global is a high-speed digital asset exchange serving users in over 70 countries. It supports a wide range of cryptocurrencies and is known for its high-performance trading system.