Cryptocurrency tokens are commonly used as payment option and represent any form of digital currency that exists virtually and uses cryptography to secure transactions.

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Exchange-based cryptocurrency tokens are normally associated with centralized (CEX) and decentralized (DEX) exchanges and have various utility purposes.

Exchanges

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The Smart Contract Platform market cap today is $352 Billion, a 2.9% change in the last 24 hours.

Smart contract platforms are usually blockchains that host smart contracts or decentralized applications. Users can interact with different smart contracts on these platforms to perform various actions such as lending and borrowing funds, staking their assets or minting NFTs.

Smart contracts are programs that are stored on the blockchain and are automatically executed when certain conditions are met. To interact with these smart contracts, transaction fees may need to be paid and the amount and asset required will vary based on the platform’s architecture. Usually, the smart contract platform’s native token is used to pay for transaction fees. Some popular examples of smart contract platforms include Ethereum, Solana and Polygon.

Smart Contracts

Top Smart Contract Platform Coins by Market Cap

LINK (LN) is a digital token created by Line Corporation is a subsidiary of the South Korean internet search giant Naver Corporation.

LINK is the digital token that powers the LINE token economy. LINK 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 is focused on expanding the LINE token economy through LINK and a diverse range of dApps to build an ecosystem that serves LINE’s hundreds of millions of global users.

LINK is distributed as rewards for users of BITBOX. By offering a variety of LINK-related promotions, including rewards based on trading volume and deposits, the BITBOX team aims to encourage participation in the exchange.

In addition, when you pay trading fees on BITBOX with LINK, LINK will be accepted at a paid minimum value of USD 5. BITBOX has also prepared additional discount of USD 1 for every LINK used to pay for trading fees for the introduction of the function.