A group of dynamic developers and blockchain enthusiasts came together and founded this coin in January 2019. The aim of the founders of this cryptocurrency was to provide the users with a coin that fulfilled some specific goals. It was created so that it can fix the traditional cryptocurrencies’ privacy issues. Due to its superior technology, it started to gain widespread attention soon after its launch.
It then transmits the message, which gets encrypted at each node hop and a minimum of three node hops are required for each message packed. The message is received by the destination node which in turn relays it to the user B. When the user B is offline, the closest node, or the destination node, stores the message and relays it when they return online.
Most traders use candlestick charts, as they provide more information than a simple line chart. 1-hour, 4-hour and 1-day candlestick charts are among the most popular. Beldex traders use a variety of tools to try and determine the direction in which the BDX market is likely to head next. These tools can roughly be divided into indicators and chart patterns. The main aim behind the creation of this coin was to provide complete privacy to its users. Hence, this digital currency can prove to be a boon for those individuals who are on the lookout for a solution that can help them keep their finances confidential and transactions private.
The Relative Strength Index (RSI) momentum oscillator is a popular indicator that signals whether a cryptocurrency is oversold (below 30) or overbought (above 70). Currently, the RSI value is at 53.39, which indicates that the BDX market is in a neutral position. No part of the content we provide constitutes financial advice on coin prices, legal advice, or any other form of advice meant for you to rely on for any purpose. Any use or reliance on our content is solely at your own risk and discretion.
Beldex Price Live Data
Beldex coin uses RingCT, Ring Signatures & POS to achieve private & scalable transactions. On Reddit, there were 0 posts mentioning Beldex in the last 24 hours. Compared to the previous 24-hour period, the number of mentions decrease by 100% .
- Currencies that are positively correlated with Beldex indicate that the movement of one has a statistically significant weight to lead the other in the same direction.
- Smart investors build portfolios of 10 or more cryptocurrencies, balancing factors like anticipated growth rates, volatility, market niche, and more.
- That means analyzing the price history to look for recurring patterns and indicators that the price of your investment is more likely to rise than to fall.
- In a privacy-based blockchain, the transaction does not reveal the sender, the receiver, or the transaction amount.
- The current Beldex sentiment is bullish according to our technical analysis.
- Beldex’s price today is US$0.08545, with a 24-hour trading volume of $9.24 M.
Weekly Exponential Moving Average (EMA)
It has undergone upgrades, including a transition to the CryptoNight Conceal algorithm and the launch of a Proof-of-Stake (POS) system. Beldex has partnerships with exchanges, masternode hosting services, data providers, non-custodial wallets, and media partners. Additionally, Beldex provides opportunities for open-source contributors and has brand ambassadors representing the company.
Airdrop – If an individual, stake a certain amount of crypto in the wallet they get a specific amount of interest in terms of the same coins. In January 2019, the price of BDX was Rs. 8.27 INR and volume available for crypto traders Rs. 2,663,550 Inr. To check Beldex’s price live in the fiat currency of your choice, you can use Crypto.com’s converter feature in the top-right corner of this page.
BDX considers as the most popular cryptocurrency, and on the other side, USD is the most demanding fiat currency globally. The given all are fiat currency and the most widespread pairs in the market. It is constantly gaining traction and adoption in the cryptocurrency market. Moreover, it not only has some unique features but also has a strong community of like-minded people. It is equally important to note that they have a talented development team. These are some of the major reasons which attract more investors and give it a very promising future.
Market Overview
For example, a 12-day simple moving average for BDX is a sum of BDX’s closing prices over the last 12 days which is then divided by 12. Beldex price is $0.08559, up 8.29% in the last 24 hours, and the live market cap is $590,563,944. It has circulating supply of 6,912,422,562 BDX coins and a max supply of 9,930,442,420 BDX alongside $8M 24h trading volume. The most active and popular exchanges for buying or selling BDX are Binance, Kucoin & Kraken. The most secure hardware wallets for keeping your cryptocurrency safe are Ledger and Trezor.
Volume of a coin is the total spot trading volume reported by all exchanges over the past 24 hours multiplied by the value of an individual unit of that coin. The Beldex price page is just one in Crypto.com Price Index that features price history, price ticker, market cap, and live charts for the top cryptocurrencies. On the daily chart, exponential moving averages show a bullish signal.
- Political events, the world economy, celebrity endorsements, and market news are among the countless factors that influence cryptocurrency prices.
- The entry of new competitors, or the development of more advanced technologies by existing competitors, can pose a risk to Beldex’s market position.
- In short, we will try to unravel everything that one wants to know before one decides whether to invest in this cryptocurrency or not.
- Beldex price currently sits above all 10,20,50,100, and 200-day EMAs.
- Market cap is calculated by multiplying the asset’s circulating supply with its current price.
Circulating supply is the approximate number of units of beldex coin today price a coin that are currently circulating in the market in the hands of the general public. In October 2020, the price of Beldex Token (BDX) is Rs. 6.33 INR and volume for Indian traders Rs. 28,235,413 INR. If you are new to crypto, use the Crypto.com University and our Help Center to learn how to start buying Bitcoin, Ethereum, and other cryptocurrencies. The table below illustrates the percentage of profitability based on the timing of the investment. The market capitalisation of Beldex is equal to the value of Beldex multiplied by the number of Beldex in circulation. Check out our Intelligent Portfolios that automatically adapt to market conditions.
Beldex Price Prediction 2027
Beldex is a decentralized ecosystem of privacy-first dApps that prioritize user privacy. The idea for the project was conceptualized back in 2017, with the ICO being announced in the spring of 2018 and the exchange being launched by the end of 2019. Beldex remains dedicated to improving online privacy, with BDX serving as a privacy coin and utility token. Based on multiple technical quantitative indicators, the current forecast for Beldex in 2024 is bullish.
By meeting this requirement, a user gains the ability to stake BDX and verify transactions. Staking and POS Masternode allow validators to secure the network while incentivizing them. Anyone can bet on BDX and become a validator by setting up a dedicated masternode or betting on Beldex’s shared masternode pools. Beldex project aims to bring privacy as the foremost aspect of cryptocurrency through its native utility coin BDX.
