The distribution of tokens is allocated to the team, the staking program, partnerships, and marketing activities. Beldex offers rewards and incentives for users participating in the network. This combination of privacy and speed makes Beldex a unique platform. Beldex has partnered with Chainlink, a leading provider of oracles.

This website is using a security service to protect itself from online attacks. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. Masternodes store copies of the blockchain, confirm transactions, and ensure network security. The fundamental part of masternodes are community members, so as the number grows, the Beldex reliability indicators also increase. In order to curb inflation of the BDX token, Beldex applies a coin burn mechanism, which also involves Flash transactions performed on the second layer of the blockchain.

  • There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data.
  • The fundamental part of masternodes are community members, so as the number grows, the Beldex reliability indicators also increase.
  • Beldex is a leading privacy-based ecosystem consisting of privacy-first decentralized applications that include BChat, BelNet, Beldex browser, the Beldex privacy protocol, and the Beldex bridge.
  • Cryptocurrency prices can be volatile and unpredictable, and may be influenced by various factors, including market manipulation, regulatory changes, and technological developments.
  • On the other hand, 2021 was the worst year for Beldex as its price plunged from $0.075 to $0.012.

The platform uses advanced technologies such as multi-signature and confidential addresses to obscure users’ transactions and protect their identity. Through these innovative approaches, Beldex sets itself apart from other cryptocurrencies and allows users to conduct their transactions discreetly. Trading and investing in https://cryptolisting.org/blog/what-is-a-fixed-budget digital assets is highly speculative and comes with many risks. The analysis / stats on CoinCheckup.com are for informational purposes and should not be considered investment advice. Statements and financial information on CoinCheckup.com should not be construed as an endorsement or recommendation to buy, sell or hold.

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The functionality of Beldex is based on a solid technical foundation. The core of the platform is the ring signature algorithm, which allows users to combine their transactions with those of other participants. Our converter updates in real time giving you accurate data every time you use it to make a conversion. The current price direction of Beldex is decreasing because BDX is down 0.17% in the last 30 days.

On the other hand, 2021 was the worst year for Beldex as its price plunged from $0.075 to $0.012. Compared to other crypto coins which started the same year as Beldex it has below-average trading volume, average volume for the other 501 coins started in 2019 is $5M while BDX has $3M. Beldex is being traded on 10 cryptocurrency exchanges, including KuCoin and gate.io.

  • Beldex price in US Dollar has decreased by -1.47% in the last 1 month.
  • Beldex is a privacy-based ecosystem of privacy-first decentralized applications (dApps).
  • The Moving Average Convergence Divergence (MACD) also reflects a bullish trend, with the MACD line crossing above the signal line.
  • Beldex (BDX) is a fascinating cryptocurrency that positions itself as a Privacy Coin and revolutionizes the digital world with its innovative platform.
  • CoinCheckup provides live cryptocurrency prices and charts, listed by crypto market cap.
  • Our coin market data for Beldex goes back to 14 Apr 2019, and shows that the lowest rate ever recorded was in Oct 2023, which was 1 month ago, when Beldex was worth only $0.030.

Beldex’s price today is US$0.04543, with a 24-hour trading volume of $2.9 M. BDX is +0.00% in the last 24 hours.BDX has a circulating supply of 5.91 B BDX. The BDX token is Beldex’s native cryptocurrency, and facilitates secure and private transactions within the network. It serves as both a privacy coin and a utility token within the privacy-preserving DApps offered by the Beldex ecosystem.

BDX is down -13.51% against Ethereum and down -11.62% against Bitcoin in the last 1 month. Last but not least, it is important to note that the Beldex project has a solid governance structure in which users can play an active role in decision-making. This promotes transparency and trust in the project and allows users to participate in the development and success of Beldex. The founders of Beldex are committed to building a transparent and trustworthy relationship with the community. They have made it their mission to protect the privacy and security of users while meeting regulatory requirements. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page.

Beldex Volume by Exchange

Cryptocurrency analyst EGRAG recently updated their forecast for VeChain (VET), a leading digital asset in the blockchain sector. EGRAG’s analysis, rooted in historical price movements and technical indicators, projects an ambitious target of $1.6 for VET, stirring interest and debate in the crypto community. As of Dec 29, Beldex has a market capitalization of $269.4 Million and is ranked #164 among all cryptocurrencies. This calculation is based on the circulating supply of Beldex However, if we take into account the total supply of Beldex, the market capitalization would be $452.2 Million. For more information on the market capitalization and price statistics See full market cap and price stats.

VeChain Price Prediction: VET On The Move As Analyst Foresees Surge To $1.6

The Beldex project is committed to enhancing your privacy online BDX is a privacy coin and a utility on the privacy-preserving DApps. For privacy lovers, Beldex is the one-stop destination for everything from private messaging to private transactions. The Beldex token can be traded on the KuCoin Spot Market and other supported platforms if you wish to make the most of changing market conditions. You can buy or sell BDX/USDT, or hold it long-term if you believe in the future potential of the Beldex project. Do note that cryptocurrency investments and trading carry risks, and it’s advisable to conduct thorough research and exercise caution when engaging in such activities. Beldex was founded with the goal of creating a secure and anonymous ecosystem for the exchange of digital assets and is based on Monero.

Circulating Supply

According to this analysis, if VeChain follows a similar path to “Move B,” a surge up to $1.6 is not only possible but likely. The tokenomics of Beldex encompass various aspects that support the functioning of the BDX ecosystem. The total supply of BDX tokens is limited to 140 million, with a portion being sold during the ICO. To launch a masternode on the network and validate transactions on the proof-of-stake (PoS) Beldex blockchain, a user will need 10,000 BDX. By fulfilling this condition, a user acquires the right to stake BDX and verify transactions.

These include BChat, BelNet, Beldex browser, the Beldex privacy protocol, and the Beldex bridge. These DApps are designed to enhance user privacy and provide secure communication channels. Beldex’s mission is to provide a private environment where data can be exchanged securely.

Beldex Quarterly Returns

By partnering with Altilly, the liquidity of BDX in the market is increased, and access to BDX tokens is facilitated. Beldex offers masternodes that utilize a proof-of-stake (POS) mechanism, where BDX tokens are staked to operate the nodes. These masternodes provide additional security, and network stability, and perform various functions within the Beldex network. Furthermore, the Beldex team is dedicated and focused on continuously developing and improving the platform.

The BDX to INR conversion rate today is ₹3.7782 and has decreased by 1.20% in the last 24 hours. Read about Monero (XMR) – the cryptocurrency from which BDX was forked. The company is led by Afanddy B. Hushni, an investor and crypto economist with 20 years of experience in traditional finance.

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