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Buy or Exhange Bytecoin (BCN) at the Best Market Price Today.
Bytecoin Chart
Bytecoin is the first cryptocurrency created with CryptoNote technology. Bytecoin allows users to make absolutely anonymous money transfers through the CryptoNote algorithm. CryptoNote uses CryptoNote ring signatures to provide anonymous transactions and allows you to sign a message on behalf of a group. The signature only proves the message was created by someone from the group, but all the possible signers are indistinguishable from each other. Even if outgoing transactions are untraceable, everyone may still be able to see the payments received and thus determine one's income. By using a variation of the Diffie-Hellman exchange protocol, a receiver has multiple unique one-time addresses derived from his single public key. After funds are sent to these addresses they can only be redeemed by the receiver; and it would be impossible to cross-link these payments. As a primarily peer-to-peer (p2p) payment system, Bytecoin has many of the same use-cases as Bitcoin. Created in 2012, Bytecoin is one of the earliest developed cryptocurrencies. Until recently, the team behind the coin has kept themselves anonymous. Now, though, they’ve opened up multiple communication channels, removed some layers of anonymity, and even built several local communities. Bitcoin’s PoW consensus algorithm heavily favors miners that use powerful GPU and ASIC machines over those trying to mine with CPUs. This causes the network to centralize around the more powerful miners. Bytecoin attempts to close the gap between these two classes of miners with a new algorithm, Egalitarian Proof-of-Work (PoW). Egalitarian PoW uses a version of skrypt, a proof of work function similar to the hashcash function used by Bitcoin. The difference between the two is that scrypt isn’t memory bound. Because of this, you can produce highly efficient CPU mining rigs. GPUs will always be about 10 times more effective, though. The Bytecoin project has been fairly fractured since its inception in July 2012. Previously, several isolated teams worked on the project without seemingly communicating with each other. This led to numerous forks and versions of the coin. In July 2017, the team decided to change their image and provide more transparency to the community. The team still remains pseudo-anonymous by only providing names and headshots on their webpage – no bios or social media links. But, it’s tough to expect more from a project that’s focused on privacy. The team has been busy at work refactoring their code and are planning to release a new public API on February 6, 2018. They’ll also be entering the Asian, Middle East, and African markets throughout 2018.
The current price of 1 Bytecoin (BCN) in USD is $0.0001384.
This price is currently -99.90% than its all-time high (ATH) of $0.1452,
and 2093.07% than its all-time low (ATL) of $0.000006320.
Please note that cryptocurrency prices are highly volatile and can change rapidly depending on market conditions,
investor sentiment, and exchange platform variations. It's important to stay updated with the latest market trends to understand the fluctuations in Bytecoin’s price.
The market capitalization of Bytecoin (BCN) is $25,481,727.00 as of today.
Bytecoin (BCN) is currently ranked #1047 in the market, and this market cap is calculated by multiplying the current price of Bytecoin with the circulating supply.
The circulating supply of Bytecoin (BCN) is 184,020,000,000, meaning there are 184,020,000,000 tokens in circulation.
It is important to note that the market cap can fluctuate significantly due to the volatility of cryptocurrency prices, as well as changes in the circulating supply based on mining or token burns.
The market cap reflects the overall value of Bytecoin (BCN) in the market and provides an insight into its market dominance and potential for future growth. For the most accurate and up-to-date information, always check the latest market updates on Bytecoin (BCN)’s official platforms.
The trading volume of Bytecoin (BCN) today is $76.160.
This represents the total value of Bytecoin (BCN) transactions in the market over the last 24 hours.
A higher trading volume indicates strong market activity, liquidity, and interest in the token.
As of now, Bytecoin (BCN) is being actively traded across several exchanges, with buyers and sellers participating in high - frequency transactions.
The trading volume metric, which plays a vital role in market assessment, reveals the extent of Bytecoin's market activity and liquidity. Market interest remains strong when trading volumes are high because considerable trading activity means individual transactions have a limited impact on market price. coin.Name stands out as the most actively traded cryptocurrency because of its large trading volume. Institutions and people use it to sell and store monetary value.
Monitoring trading volume is crucial as it helps identify trends in market sentiment, potential price volatility, and overall token demand.
Stay informed about the latest updates on Bytecoin (BCN) to make well-informed trading decisions.
The all-time high (ATH) price of Bytecoin (BCN) is $0.1452.
This ATH was reached on 08 May 2018, marking the highest value ever for Bytecoin (BCN) in the market.
Currently, Bytecoin is lower than its ATH by -99.90%,
reflecting a lose since its peak.
ATH values are essential for understanding the maximum market valuation of Bytecoin, offering insight into its performance
and potential growth trajectory. As cryptocurrency prices are volatile, it's crucial to stay updated on the latest trends.
The all-time low (ATL) price of Bytecoin (BCN) is $0.000006320.
This ATL was reached on 15 Jan 2015, marking the lowest value ever for Bytecoin (BCN).
Currently, Bytecoin is higher than its ATL by 2093.07%,
reflecting a gain since its lowest point.
ATL values are essential for understanding the minimum market valuation of Bytecoin (BCN), offering insight into its recovery
and potential for growth. As cryptocurrency prices are volatile, staying updated on the latest trends is important.
To buy Bytecoin (BCN), you can follow these steps:
1. Choose a Cryptocurrency Exchange: Bytecoin (BCN) is available on several popular cryptocurrency exchanges, such as Changelly Binance, CoinEx, KuCoin, etc. These platforms allow you to trade Bytecoin against various cryptocurrencies or fiat currencies like USD, EUR, and more.
2. Create an Account: Sign up on the exchange of your choice by providing the necessary details such as email, password, and KYC (Know Your Customer) verification.
3. Deposit Funds: Once your account is set up, deposit funds via bank transfer, credit card, or another supported payment method. Make sure you have USD or any other preferred currency in your exchange account to purchase Bytecoin.
4. Place an Order: After funding your account, navigate to the Bytecoin (BCN) trading pair (e.g., Bytecoin/USD) and place an order to buy. You can choose a market order for immediate execution or a limit order to buy at your desired price.
5. Store Your Coins Securely: After purchase, it's important to store your Bytecoin in a secure wallet. You can use the exchange wallet or transfer your coins to a private wallet for added security.
Note: Cryptocurrency investments are volatile. Ensure you do thorough research and consider risks before purchasing Bytecoin (BCN).
We make every effort to provide the latest market data. However, we cannot guarantee its absolute accuracy.
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