Biconomy

Biconomy

Real-time BICO price analysis

The current price of Biconomy in real time is US$0.3861and its trading volume is equal to US$9,842,258 in the last 24 hours. BICO price has fell on

4.01%

on the last day and decreased by

5.81%

in the last 7 days. It is important to note that Biconomy’s current market capitalization is US$251,646,715Speaking of revolving supplies, BICO has 651 735 226 coins. Biconomy’s current market ranking is #209.

Bioeconomics price today
98.23%

below
always on top and that’s it
425.86%

higher
always at a low level.

All data and prices are updated in real time. The most active and popular exchanges for buying or selling BIKO are Binance, Kucoin & Kraken. Find more cryptocurrency exchange options on our Cryptocurrency exchange tracker. The most secure hardware wallets to store your cryptocurrency: Ledger And Trezor.

What is biconomy (BICO)?

Bioeconomy (BICO) is native token of the Biconomy platform. It is an operation and governance token that allows holders to vote on any changes to the Biconomy protocol. This ERK-20 token.

Biconomy is a multi-chain relay protocol. It offers DeFi services for dApp developers. simplify the process of registration and integration of transactions. Biconomy APIs are intended to be a stepping stone towards Web 3.0 technologies.

Biconomy’s cryptocurrency solution is available on several blockchains, including Ethereum, Binance Smart ChainAnd Tezosand is looking to expand. Gas Optimization allows users to cover transaction fees using their preferred ERC-20 token. The current price of Biconomy can be seen in the chart above.

Who developed bioeconomics?

Beaconomy was founded Ahmed Al-Balagi, Sachin Tomar, And Aniket Jindal. Al-Balagi is an entrepreneur who has worked on various blockchain projects around the world. Tomar is a software engineer specializing in blockchain development. Jindal is a production executive with years of experience in marketing.

The company was founded in 2019. According to Al-Balaghi, Biconomy’s crypto services were designed for simplify dApp registration for users, especially newbies, and provide a multi-chain solution for managing gas fees..

In December 2021, the native token was officially launched. Biconomy’s original price was around $14. Compared to other cryptocurrencies, the token was more volatile at launch.

However, for most of its existence, the cost fluctuated between $0.5 and $3. During the first six months of its launch, the price of BICO stabilized at around $0.60. Given its relatively short period of existence in the market compared to major cryptocurrencies, it can be difficult to determine what the future trends for this asset may be.

What are the main features of a bioeconomy?

The total supply of the BICO token is limited to 1 billion. Of this amount, 38.12% is allocated as community rewards. 12% of the tokens were available during the private sale, and 5% were distributed during public sale. Given the limited supply, the asset is considered deflationary. The price of BICO is expected to rise as its supply dwindles.

The main utility of the token is management. BICO token holders are members of the DAO and vote about any protocol changes to ensure decentralization of the network. The token is also awarded to stakeholders, liquidity providers and node operators. They earn BICO as an incentive to continue contributing to the network.

What is the Biconomy trading volume in the last 24 hours?

BICO has trading volume US$9,842,258 in the last 24 hours.

What is the highest price in Biconomy?

BICO has the highest price $21.87which was achieved at December 02, 2021 (2 years 2 months ago).

What is the lowest price in Biconomy?

BICO has the lowest price $0.0734which was achieved at December 11, 2022 (1 year 2 months ago).

Which exchanges are best for buying and selling BICO?

Currently the most active and dominant exchanges for buying and selling Biconomy are Binance, Kraken & Kucoin. The most popular Bioeconomics trading pairs BICO/USDT
(on
Binance
),
BICO/USDT
(on
Huobi Global
),
BICO/USDT
(on
DigiFinex
). Go to Catalog of crypto trades to access customized and exclusive discounts, vouchers and welcome bonuses from the most popular exchanges.

What are the safest hardware wallets for storing BICO?

According to the process of in-depth analysis and testing, Ledger And Trezor are one of the most secure and popular hardware wallet options for storage Bioeconomics. For exclusive discounts and promotions on the best crypto wallets, visit Catalog of crypto trades.

Pages related to bioeconomy

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A cryptocurrency exchange is an online platform where you can buy, sell, or trade cryptocurrencies like Bitcoin, Ethereum, and others.

Safety varies by exchange. Look for platforms with strong security measures, like two-factor authentication and cold storage for funds.

Consider factors like security, fees, available coins, user interface, and customer support.

Centralized exchanges are managed by a company, while decentralized exchanges operate without a central authority.

Many exchanges require Know Your Customer (KYC) verification for security and regulatory compliance.

Trading fees vary but typically include maker fees (for adding liquidity) and taker fees (for removing liquidity).

Yes, most exchanges offer cryptocurrency-to-cryptocurrency trading pairs.

Withdrawal times depend on the exchange and the cryptocurrency. Some are instant, while others may take hours or even days.

A wallet address is like a bank account number for cryptocurrencies. It’s required to send your crypto to the right place.

Yes, depending on your country’s tax laws, trading cryptocurrencies may have tax consequences. Consult a tax professional for guidance.

Yes, many cryptocurrency exchanges operate 24/7, allowing you to trade at any time.

 A market order buys or sells at the current market price, while a limit order sets a specific price at which you want to buy or sell.

Yes, each exchange sets its own minimum and maximum trading limits, which can vary widely.

It’s not recommended. For security, it’s better to use a cryptocurrency wallet, especially for significant holdings.

Exchanges typically have account recovery processes, including password reset options and support for forgotten usernames.

Some exchanges offer insurance, but coverage can be limited. It’s essential to check an exchange’s insurance policy.

Use strong passwords, enable two-factor authentication, and be cautious of phishing scams and suspicious emails.

Yes, but it’s recommended to learn the basics of trading and understand the risks involved before you start.

Stablecoins are cryptocurrencies pegged to the value of a fiat currency like the US dollar. They provide stability and are commonly used for trading and transferring funds on exchanges.

Yes, regulations vary by country. Many countries have implemented or are considering regulations to govern cryptocurrency exchanges for consumer protection and financial stability.

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