BitBay (BAY) vs Groestlcoin (GRS) Comparison

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On this page, you can compare BitBay (BAY) with Groestlcoin (GRS). Which coin is better to buy now? What will be the better investment?

You can read more about cryptocurrency investment strategies in this article. Some additional rules you can also find here. Finally, you can read about the top 10 trading mistakes leading to failure in this article.

Company

User rating

5.0 / 5 3 user reviews 5.0 / 5 2 user reviews

Cryptogeek rating

4.4 / 5 4.4 / 5

Trust Score

How it works
4.43 / 5 3.53 / 5

About

BitBay (BAY) digital currency has been developed since 2014 with the eponymous market place being in operation from 2015. The coin is now listed on a few exchanges. You can purchase BitBay with fiat (hard) currency, such as USD or EUR, using a bank card.
Released in 2014, Groestlcoin (GRS) cryptocurrency enables private and fast transactions. It is the first coin that activated Lightning Network and SegWit. You can buy GRS for both crypto and fiat currencies (USD, EUR, GBP, KRW). This cryptocurrency is listed on multiple exchanges.

Type

coin coin

Founding Date

2014 No data

Country

International No data

Languages

No data No data

Team

Public Not Public

Protocol

No data No data

Current price (USD)

0.0106 0.6632

All-time high (USD)

0.4553 2.6900

Price change (24h)

1.94 2.17

Volume (24h)

0.00000 16636.25739

Hashrate

No data 48820

Max Supply

1029153366.00000 105000000.00000

Total supply

No data No data

Circulating Supply

0.00000 84735028.88737

Transaction speed / Block time

No data 70

Transaction fee

No data No data

Mining profitability

No data No data

Algorithm

PoS Groestl

Proof type

PoS PoW

Fully premined

No data No data

Smart contract address

No data No data

Total coins mined

1032709571.09159 75422988.88737

Is trading

yes yes

Block reward

0.000000000000 0.000000000000

Block time

64 60
Company
User rating User rating 5.0 / 5 3 user reviews User rating 5.0 / 5 2 user reviews
Cryptogeek rating Cryptogeek rating 4.4 / 5 Cryptogeek rating 4.4 / 5
Trust Score How it works Trust Score 4.43 / 5 Trust Score 3.53 / 5
About
BitBay (BAY) digital currency has been developed since 2014 with the eponymous market place being in operation from 2015. The coin is now listed on a few exchanges. You can purchase BitBay with fiat (hard) currency, such as USD or EUR, using a bank card.
Released in 2014, Groestlcoin (GRS) cryptocurrency enables private and fast transactions. It is the first coin that activated Lightning Network and SegWit. You can buy GRS for both crypto and fiat currencies (USD, EUR, GBP, KRW). This cryptocurrency is listed on multiple exchanges.
Type Type coin Type coin
Founding Date Founding Date 2014 Founding Date No data
Country Country International Country No data
Languages Languages No data Languages No data
Team Team Public Team Not Public
Protocol Protocol No data Protocol No data
Current price (USD) Current price (USD) 0.0106 Current price (USD) 0.6632
All-time high (USD) All-time high (USD) 0.4553 All-time high (USD) 2.6900
Price change (24h) Price change (24h) 1.94 Price change (24h) 2.17
Volume (24h) Volume (24h) 0.00000 Volume (24h) 16636.25739
Hashrate Hashrate No data Hashrate 48820
Max Supply Max Supply 1029153366.00000 Max Supply 105000000.00000
Total supply Total supply No data Total supply No data
Circulating Supply Circulating Supply 0.00000 Circulating Supply 84735028.88737
Transaction speed / Block time Transaction speed / Block time No data Transaction speed / Block time 70
Transaction fee Transaction fee No data Transaction fee No data
Mining profitability Mining profitability low Mining profitability medium
Algorithm Algorithm PoS Algorithm Groestl
Proof type Proof type PoS Proof type PoW
Fully premined Fully premined No data Fully premined No data
Smart contract address Smart contract address No data Smart contract address No data
Total coins mined Total coins mined 1032709571.09159 Total coins mined 75422988.88737
Is trading Is trading yes Is trading yes
Block reward Block reward 0.000000000000 Block reward 0.000000000000
Block time Block time 64 Block time 60

Social

Website

bitbay.market www.groestlcoin.org

Twitter

@BitBayofficial @GroestlcoinTeam
Website Website bitbay.market Website www.groestlcoin.org
Twitter Twitter @BitBayofficial Twitter @GroestlcoinTeam

Advantages

Advanced and industry-standard trading tools; Well-regarded trade system -

Disadvantages

No fiat currency deposit methods; Selected offerings are available to only Polish users -

Rating

User rating User rating 5.0 / 5 3 user reviews User rating 5.0 / 5 2 user reviews
Cryptogeek rating Cryptogeek rating 4.4 / 5 Cryptogeek rating 4.4 / 5
Advantages Advantages Advanced and industry-standard trading tools; Well-regarded trade system Advantages -
Disadvantages Disadvantages No fiat currency deposit methods; Selected offerings are available to only Polish users Disadvantages -

BitBay (BAY) user rating is 5.0, based on 3 user reviews. Groestlcoin (GRS) user rating is 5.0, based on 2 user reviews.

We also calculate the special Cryptogeek TrustScore based on the characteristics of each coin.

We choose the winner based on our TrustScore Rating. Please remember, it’s still up to you which company to choose! How do we calculate Trust Score?
Trust Score: 4.43 / 5 Write review
Trust Score: 3.53 / 5 Write review
Choose other companies
BitBay (BAY) features

At the moment BitBay (BAY) price is 0.106. Its 24h volume is 0.0. 24h price change is 2.94.

BitBay (BAY) max supply is 1,029,153,366.0. The circulating supply is 0.0.

Block reward is 0.0.

At the moment the number of coins mined is 1,032,709,571.916. Mining profitability is low.

BitBay (BAY) Cryptogeek user rating is 5.0, based on 3 user reviews.

Groestlcoin (GRS) features

Groestlcoin (GRS) price is 1.6632. Its 24h volume is 16,636.25739. 24h price change is 2.17.

Groestlcoin (GRS) max supply is 105,000,000.0. The circulating supply is 84,735,029.88737.

Groestlcoin (GRS) hash rate is 48820. Groestlcoin (GRS) transaction speed/block time is 70. Block reward is 0.0.

At the moment the number of coins mined is 75,422,989.88737. Mining profitability is medium.

Groestlcoin (GRS) Cryptogeek user rating is 5.0, based on 2 user reviews.

Some basic rules

When trading cryptocurrency, you should take into account the following rules:

Keep track of emotions

Put emotions aside and do not try to run after prices - the time will come and your token will go up. In a bull market, each asset has its finest hour.

Beware of hype

Transparency in the cryptocurrency market is a scarce commodity. Be on the lookout for everything you hear critically, and think about the possible reasons for the newsmaker before spreading the news.

Study the topic yourself, taking into account other people's opinions. Take the news critically. People name different reasons for the recent decline in the cryptocurrency market - these are :baseCompany futures, the Chinese New Year, the loss of interest in :baseCompany, and the downside game by large players ... However, it is possible that the whole thing is false news.

Don't be taken in by false news

An important lesson: do not believe the news, study the topic yourself.

Apply investments diversification strategy and risk management

Diversification is one of the oldest and most important concepts for an investor. Here's how to do it.

  1. Low risk, high market capitalization: 40% of your portfolio. These are the safest and most stable investments, 10 leading tokens. Popular options: :baseCompany, :compareCompany, Neo, and so on. These tokens most likely have a great future, and in the event of market volatility, they will be least affected.
  2. An average risk, average market capitalization: 30% of the portfolio. These are promising and developing projects with great growth potential from the top 50. Popular options: VeChain (VEN), ICON (ICX), Omisego (OMG), and so on.
  3. High risk, low market capitalization: 30% of the portfolio. Here we are talking about active trading and highly profitable instruments, and constant attention is required. This category may include, for example, Red Pulse (RPX) and Internet Node Token (INT).

Lesson: never put all your eggs in one basket.

Do not store tokens on exchanges

Lesson: while tokens are stored on the exchange, do not consider them as yours.

On this page, you can compare BitBay (BAY) with Groestlcoin (GRS). Which coin is better to buy now? What will be the better investment?

You can read more about cryptocurrency investment strategies in this article. Some additional rules you can also find here. Finally, you can read about the top 10 trading mistakes leading to failure in this article.