BitSend price is $0.00207599
At the time this article is written, the current price of BitSend (BSD) is $ 0.00207599. The cryptocurrency's market cap is ranked at #1 with a market capitalization of $ 65.9K. BitSend has experienced a increased of +6.81% in its price over the last 24 hours with a trading volume of 42.1.
BitSend (BSD) is a digital cryptocurrency that features a low inflation rate and provides long-term rewards for holders. Based on the Xevan algorithm, BitSend aims to become a global method of decentralized, peer-to-peer (P2P) payment.
BitSend is the product of a dedicated team of developers who launched it in June 2014. The team consists of blockchain professionals, software developers, and digital marketing experts who aim at making BitSend one of the leading cryptocurrencies in the market.
BitSend works on a peer-to-peer network, relying on the Xevan algorithm for added security and effective coin minting. Transactions are verified by network nodes through advanced cryptography and recorded in a public distributed ledger, also known as the blockchain.
BitSend is unique due to the XEVAN hashing algorithm it uses. The Xevan algorithm was developed as an energy-efficient, fair, and ASIC-resistant solution for cryptocurrency mining. BitSend also features long-term rewards for holders, with every block rewarding 3.8 BSD that decreases each year by 0.78%.
The total supply of BitSend (BSD) is 210.0M, while the circulating supply is at 31.7M. This number reflects the number of BSD presently available for trading, holding, and selling.
You can purchase BitSend (BSD) on several cryptocurrency exchanges. At the time of writing, BitSend (BSD) is available on CREX24, Livecoin, Bittrex. Make sure you do your research and choose a reputable exchange platform.
BitSend (BSD) currently has a circulating supply of 31.7M BSD. This number represents how many BSD coins are currently moving in the market and being traded.
BitSend can be used as a form of payment for goods and services in a peer-to-peer method. It can also be used as a means of rewarding individuals for their participation in the BitSend network.
The BitSend team regularly upgrades its technology to ensure increased efficiency and security. Using the Xevan algorithm, the team focuses on the energy efficiency and fairness of its coin mining.
BitSend's security is guaranteed by the Xevan algorithm, but users must also do their part to keep their coins secure. Always ensure your digital wallet is protected with strong, unique passwords. Avoid sharing personal information online and only transact on trusted platforms.
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