Share this article
LINE's Crypto Exchange Lists Its Own Token Against Bitcoin, Ether
Messaging giant LINE's Bitbox exchange has made its LINK token available for trading against bitcoin, ethereum and tether.
By Wolfie Zhao
Updated Sep 13, 2021, 8:29 a.m. Published Oct 16, 2018, 10:00 a.m.
Bitbox, the cryptocurrency exchange launched by Japanese messaging giant LINE, has announced it is now listing its own token for trading against several major crypto assets.
The company said Tuesday that the LINK (LN) token is now exclusively available on Bitbox in trading pairs with bitcoin, ethereum and the U.S. dollar-pegged stablecoin tether.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
The move marks the latest step taken by the company as part of its efforts to apply blockchain and cryptocurrency to mainstream use cases.
Bitbox announced in August that it had launched a proprietary blockchain network called LINK Chain that utilizes a combination of delegated proof-of-stake and practical Byzantine fault tolerance as its consensus mechanism.
As CoinDesk reported at the time, the messaging firm plans to hand out 800 million of the total 1 billion LINK tokens for free to users who participate in decentralized applications that are already being launched on the LINK Chain network.
LINE added that in the coming months, it is launching three new decentralized applications focusing on various types of product review, via which users can earn LINK tokens in return for contributions.
The firm launched The Bitbox crypto-to-crypto exchange in July this year, making it available for in all countries except the U.S. and Japan due to the regulatory requirement for a license in those two nations.
LINE image via CoinDesk
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Bitcoin Faces Japan Rate Hike: Debunking The Yen Carry Trade Unwind Alarms, Real Risk Elsewhere
Speculators maintain net bullish positions in the yen, limiting scope for sudden JPY strength and mass carry unwind.
What to know:
- Impending BOJ rate hike largely priced in; Japanese bond yields near multi-decade highs.
- Speculators maintain net bullish positions in the yen, limiting scope for sudden yen strength.
- BOJ tightening may contribute to sustained upward pressure on global yields, impacting risk sentiment.
Top Stories
