$ 0.0015 USD
$ 0.0015 USD
$ 1.887 million USD
$ 1.887m USD
$ 31,572 USD
$ 31,572 USD
$ 83,379 USD
$ 83,379 USD
944.183 million NBT
Issue Time
2022-02-25
Platform pertained to
--
Current coin price
$0.0015USD
Market Cap
$1.887mUSD
Volume of Transaction
24h
$31,572USD
Circulating supply
944.183mNBT
Volume of Transaction
7d
$83,379USD
Change
24h
0.00%
Number of Markets
15
Current Rate0
0.00USD
3H
0.00%
1D
0.00%
1W
0.00%
1M
-8.15%
1Y
-12.44%
All
-95.67%
Aspect | Information |
Short Name | NBT |
Full Name | NanoByte Digital Currency |
Founded Year | 2018 |
Main Founders | Hutama Pastika |
Support Exchanges | Binance, Coinbase, Kraken |
Storage Wallet | Trust Wallet, MyEtherWallet |
NanoByte Token (NBT) is a type of digital currency that operates on a decentralized system. It enjoys features similar to other cryptocurrencies, allowing for peer-to-peer transactions to take place over the internet. Unlike centralized banking systems, NanoByte Token is not controlled by any central body, ensuring users full control over their assets.
Functioning on its own unique blockchain technology, NanoByte Token is designed for micro transactions. The primary purpose of NBT is to provide a platform where digital transactions can be carried out swiftly and efficiently, yet securely. The technology behind NBT makes it possible to transact globally with negligible fees, minimizing the barriers often associated with traditional banking systems.
Pros | Cons |
Decentralized system | Regulatory uncertainty |
Low transaction fees | Value volatility |
Designed for micro transactions | Potential tech vulnerabilities |
Full control of assets by user | May not be widely accepted for commercial transactions |
Fair incentive for validator nodes | Requires understanding of blockchain technology |
Over the coming decades, NBT's price is expected to experience fluctuations. By 2030, the trading range is projected to be between $0.00002514 and $0.06544.In 2040, our forecast suggests NBT could reach a peak price of $0.1004,with a potential minimum around $0.04587.Looking ahead to 2050, technical analysis indicates that NBT's price could range from $0.00001932 to $0.2448,with an estimated average trading price of about $0.1942.
NanoByte Token(NBT) aims to bring a unique perspective into the cryptocurrency landscape through certain innovative features. Its blockchain framework is specifically designed to support micro transactions effectively, setting it apart from some other cryptocurrencies that might not focus on this aspect. This could make NBT an appealing choice for users interested in performing small, frequent transactions, such as online tipping, micro-payments for services, or other small scale digital transactions.
NBT also differentiates itself with its incentive mechanism for nodes, which involves rewarding validator nodes on the blockchain with NBT tokens. This is intended to contribute to the overall health and smooth running of the decentralized network.
NanoByte Token (NBT) operates on its own unique blockchain platform built for digital micro-transactions. This blockchain-based operation allows for a decentralized system where transactions occur directly between users, eliminating the need for an intermediary.
The transaction process in NanoByte's blockchain involves the creation of a new block for every transaction. A network of nodes verifies these transactions, after which they are added to the NanoByte blockchain. Each node possesses a copy of the complete blockchain and is tasked with maintaining and updating this ledger.
A unique aspect of NanoByte Token's operation is its incentive structure for nodes. Nodes in the NanoByte network, also known as validators, are incentivized by NBT tokens. These tokens are provided as rewards for validators who process and verify transactions, aiming to encourage active participation and thus ensure the smooth operation of the blockchain.
1. Binance: Binance is one of the largest and most well-known cryptocurrency exchanges in the world. It supports a wide variety of cryptocurrency pairs, including NanoByte Token (NBT). You can trade NBT against major currencies like BTC (Bitcoin), ETH (Ethereum), and USDT (Tether). It offers advanced trading features, security measures, and also has a mobile app for trading on the go.
2. Coinbase: Coinbase is another popular cryptocurrency exchange that supports NanoByte Token. It is particularly known for its user-friendly interface. The platform supports a variety of crypto pairs including NBT/BTC, NBT/ETH, and NBT/USD pairing. As one of the most regulatory-compliant exchanges, it offers a safe environment for buying, selling and storing digital assets.
3. Kraken: Kraken is an established exchange that provides for the trading of NanoByte Token. On Kraken, users can buy NBT with fiat currencies such as USD and EUR or trade it for other cryptocurrencies like BTC and ETH.
Here are some wallets that can be used for storing NBT:
1. Software Wallets: These are programs that can be installed on a device (computer or smartphone). For instance, Trust Wallet or MyEtherWallet. These wallets are user-friendly and easy to use for daily transactions. They provide a good combination of convenience and security.
2. Hardware Wallets: This type of wallet is a physical device that securely stores a user's private keys offline, such as Ledger or Trezor. For individuals with a significant amount of NBT or those who prioritize the security of their tokens over convenience, hardware wallets provide the highest level of security.
Investing in NanoByte Token (NBT) or any cryptocurrency is often suited to those who have a clear understanding of blockchain technology, digital currencies, and are willing to engage in something relatively new with high market volatility. Cryptocurrencies like NBT are generally considered high-risk investments, so this type of investment might be more interesting for individuals who are open to high-risk, high-reward strategies.
For traders and investors who are interested in diversifying their portfolio to include digital assets, NBT could be an option due to its unique feature set and use case. Additionally, if regular micro-transactions are of interest, then the low transaction fees of NBT may be viewed as an advantage over other cryptocurrencies.
Developers and tech enthusiasts attracted to the innovation in the technology itself also form a significant part of NBT's user base. The coin's focus on micro-transactions, and the incentive structure for validator nodes, might be of interest to these individuals.
1 ratings