Biconomy (BICO) Price Tops $0.40 on Major Exchanges

Biconomy (BICO) traded 1% higher against the U.S. dollar during the 24 hour period ending at 11:00 AM Eastern on December 12th. Biconomy has a total market cap of $356.63 million and $21.47 million worth of Biconomy was traded on exchanges in the last day. During the last seven days, Biconomy has traded down 9.2% against the U.S. dollar. One Biconomy token can currently be purchased for $0.40 or 0.00000389 BTC on exchanges.

Here is how related cryptocurrencies have performed during the last day:

• Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded up 1% against the dollar and now trades at $101,666.22 or 1.00024837 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 0.7% higher against the dollar and now trades at $100,899.17 or 0.99270179 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

Biconomy Token Profile

Biconomy’s launch date was December 1st, 2021. Biconomy’s total supply is 1,000,000,000 tokens and its circulating supply is 902,364,903 tokens. The official message board for Biconomy is medium.com/biconomy. Biconomy’s official Twitter account is @biconomy and its Facebook page is accessible here. The official website for Biconomy is biconomy.io.

According to CryptoCompare, “Biconomy is a multichain relayer protocol that aims to improve the user experience of decentralized applications (DApps) by reducing the complexity and cost associated with transactions on web3 products. Biconomy offers an infrastructure that allows protocols to onboard users without paying gas fees, users can pay gas in an ERC-20 token of their choice, avoid blockchain complexities like a change of network, and transactions are confirmed much faster. Biconomy uses meta transactions to achieve these goals, enabling users to submit transactions with zero gas and having a third party pay for the transaction fees. This approach can reduce gas costs by up to 40%.”

Biconomy Token Trading

It is usually not possible to buy alternative cryptocurrencies such as Biconomy directly using US dollars. Investors seeking to trade Biconomy should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, GDAX or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Biconomy using one of the exchanges listed above.

BICO/USD price chart by TradingView