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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.
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Bitcoin is the first cryptocurrency created in 2009 by a person or group of people under the name of Satoshi Nakamoto. Bitcoin was proposed as an alternative to the conventional banking system in the wake of the financial crisis of 2008. Unlike banks, the Bitcoin network is a decentralized anonymous peer-to-peer payment system designed to the way that it is almost impossible for a single entity to gain control over this network.
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| 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.
|
Bitcoin is the first cryptocurrency created in 2009 by a person or group of people under the name of Satoshi Nakamoto. Bitcoin was proposed as an alternative to the conventional banking system in the wake of the financial crisis of 2008. Unlike banks, the Bitcoin network is a decentralized anonymous peer-to-peer payment system designed to the way that it is almost impossible for a single entity to gain control over this network.
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| Type |
Type
coin
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Type
coin
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| Founding Date |
Founding Date
2014
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Founding Date
2009
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| Country |
Country
International
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Country
International
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| Languages |
Languages
No data
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Languages
No data
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| Team |
Team
Public
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Team
Not Public
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| Protocol |
Protocol
No data
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Protocol
Public blockchain
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| Current price (USD) |
Current price (USD)
0.0157
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Current price (USD)
104419.8506
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| All-time high (USD) |
All-time high (USD)
0.4553
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All-time high (USD)
20089.0000
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| Price change (24h) |
Price change (24h)
1.39
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Price change (24h)
1.39
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| Volume (24h) |
Volume (24h)
0.00000
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Volume (24h)
994316678.88750
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| Hashrate |
Hashrate
No data
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Hashrate
93000000000
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| Max Supply |
Max Supply
1029153366.00000
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Max Supply
21000000.00000
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| Total supply |
Total supply
No data
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Total supply
No data
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| Circulating Supply |
Circulating Supply
0.00000
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Circulating Supply
19863059.00000
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| Transaction speed / Block time |
Transaction speed / Block time
No data
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Transaction speed / Block time
7
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| Transaction fee |
Transaction fee
No data
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Transaction fee
1
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| Mining profitability |
Mining profitability
low
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Mining profitability
low
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| Algorithm |
Algorithm
PoS
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Algorithm
SHA-256
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| Proof type |
Proof type
PoS
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Proof type
PoW
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| Fully premined |
Fully premined
No data
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Fully premined
No data
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| Smart contract address |
Smart contract address
No data
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Smart contract address
No data
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| Total coins mined |
Total coins mined
1032709571.09159
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Total coins mined
18433468.00000
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| Is trading |
Is trading
yes
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Is trading
yes
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| Block reward |
Block reward
0.000000000000
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Block reward
6.250000000000
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| Block time |
Block time
64
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Block time
600
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| User rating |
User rating
5 / 5
3 user review
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User rating
2 / 5
2 user review
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| Cryptogeek rating |
Cryptogeek rating
4.4 / 5
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Cryptogeek rating
4.2 / 5
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| Advantages |
Advantages
Advanced and industry-standard trading tools;
Well-regarded trade system
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Advantages
- Anonymity;
- Small commissions;
- High translation speed;
- Blockchain technology;
- The new payment method officially legalized in a number of countries.
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| Disadvantages |
Disadvantages
No fiat currency deposit methods;
Selected offerings are available to only Polish users
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Disadvantages
- Attack 51%;
- Illegality in many countries;
- Unpredictable rate.
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BitBay (BAY) user rating is 5, based on 3 user reviews. Bitcoin (BTC) user rating is 2, based on 2 user reviews.
We also calculate the special Cryptogeek TrustScore based on the characteristics of each coin.
