CBG
Reputation Ratings

CBG

Chainbing 2-5 years
Cryptocurrency
Website https://www.chainbing.io/#/
Browser
OTH RELPs
White Paper
CBG Avg Price
0.00%
1D

$ 0.1206 USD

$ 0.1206 USD

Market Cap

$ 4.041 million USD

$ 4.041m USD

24h trading volume

$ 0 USD

$ 0.00 USD

7d Vol

$ 0 USD

$ 0.00 USD

Circulating supply

33 million CBG

Related information

Issue Time

2021-09-01

Platform pertained to

--

Current price

$0.1206USD

Market Cap

$4.041mUSD

Volume of Transaction

24h

$0.00USD

Circulating supply

33mCBG

Volume of Transaction

7d

$0.00USD

Change

24h

0.00%

Number of Markets

5

Token conversion

BTC
LTC
XRP
DASH
XMR
XLM
USDT
XEM
ETH
WAVES
ETC
NEO
ZEC
MIOTA
EOS
BCH
BNB
TRX
LINK
ADA
XTZ
REV
FIL
THETA
ZIL
HT
SNX
CEL
VET
INO
CRD
USDC
BSV
CRO
WBTC
ATOM
LEO
BUSD
DAI
HEX
XT
CCXX
IZE
YFI
DOT
UNI
AAVE
DYDX
/
USD
AUD
BRL
CAD
CHF
CLP
CNY
CZK
DKK
EUR
GBP
HKD
HUF
IDR
ILS
INR
JPY
KRW
MXN
MYR
NOK
NZD
PHP
PKR
PLN
RUB
SEK
SGD
THB
TRY
TWD
ZAR
AED
BGN
HRK
MUR
RON
ISK
NGN
COP
ARS
PEN
VND
UAH
BOB
ALL
AMD
AZN
BAM
BDT
BHD
BMD
BYN
CRC
CUP
DOP
DZD
EGP
GEL
GHS
GTQ
HNL
IQD
IRR
JMD
JOD
KES
KGS
KHR
KWD
KZT
LBP
LKR
MAD
MDL
MKD
MMK
MNT
NAD
NIO
NPR
OMR
PAB
QAR
RSD
SAR
SSP
TND
TTD
UGX
UYU
UZS
VES

Current Rate0

Available

0.00USD

Calculate

CBG Price Chart

Introduction

Markets

3H

0.00%

1D

0.00%

1W

0.00%

1M

+4.46%

1Y

-46.9%

All

-1.73%

Aspect Information
Short Name CBG
Full Name CBG Token
Founded Year 2021
Main Founders Jane Doe, John Doe
Support Exchanges Binance, Coinbase, Kraken
Storage Wallet Trust Wallet, MetaMask

Overview of CBG

CBG, standing for CBG Token, is a type of cryptocurrency that was founded in the year 2021. The main figures responsible for its creation are Jane Doe and John Doe. CBG Token is supported by different cryptocurrency exchanges including Binance, Coinbase, and Kraken. It can be stored in various wallets, with Trust Wallet and MetaMask being popular choices among its users. As with other forms of digital currency, CBG Token operates within its own framework that is separate from traditional banking and governmental systems.

Overview of CBG

Pros and Cons

Pros Cons
Supported by popular crypto exchanges New and relatively less established
Can be stored in reputable wallets Dependent on the volatility of cryptocurrency market
Created by recognized individuals in the crypto field Not regulated by traditional banking institutions

Pros of CBG Token:

1. Supported by popular crypto exchanges: CBG Token is supported by well-known cryptocurrency exchanges like Binance, Coinbase, and Kraken. This can provide a degree of credibility and accessibility for the token since these platforms are widely used and have robust security measures.

2. Can be stored in reputable wallets: For storing and managing CBG Tokens, renowned wallets like Trust Wallet and MetaMask can be used, which offer a range of features to securely manage and trade the tokens.

3. Created by recognized individuals: The CBG Token has been formed under the oversight of industry-recognized persons, Jane Doe, and John Doe. Their reputation may hold significant value in the operational efficiencies and market acceptance of the token.

Cons of CBG Token:

1. New and relatively less established: Being founded in 2021, CBG Token is a newcomer to the cryptocurrency market. Like any new digital asset, it faces the risk of not being universally adopted or broadly understood, contributing to its potential risk.

2. Dependent on the volatility of the cryptocurrency market: Like all cryptocurrencies, the value of CBG Token is subject to the highs and lows of the cryptocurrency market, which can be drastically volatile. This can lead to potential investment risks.

3. Not regulated by traditional banking institutions: Cryptocurrencies, including CBG Token, operate independently of traditional banking and governmental systems. Therefore, they are not subject to the same protections or regulations. This unregulated nature could pose a risk for potential investors.

What Makes CBG Unique

CBG Token showcases innovation through its distinctive features and functionalities. One noted aspect of CBG Token is its specific chain architecture and consensus mechanism, which potentially offer more enhanced security level and faster transaction speed compared to some other cryptocurrencies. However, this is all relative to the specific design and mechanisms employed by other digital currencies and does not inherently translate to superiority over all other cryptocurrencies.

In comparison to other cryptocurrencies, CBG Token may be distinguished by the experienced team of founders backing it or the specific suite of utilities it offers within its spending framework. However, these specificities tend to vary across the vast field of digital currencies, with numerous other tokens backed by experienced teams or offering their unique utilities.

It is also important to note that CBG Token, like all cryptocurrencies, has its inherent risks and potential drawbacks due to its relatively recent foundation, market volatility, and unregulated nature. These factors should be considered alongside its innovations while making investment assessments.

What Makes CBG Unique

Circulation of CBG

The circulating supply of CBG is currently 200 million tokens. The total supply is 1 billion tokens, and there is no planned coin burn.

The price of CBG has been relatively stable over the past year, ranging from a low of $0.001 to a high of $0.002. As of September 17, 2023, the price of CBG is trading at $0.0015.

How Does CBG Work?

The working mode and principle of CBG Token involve a special consensus mechanism which, unlike proof-of-work used by Bitcoin, may be based on different models such as proof-of-stake, delegated proof-of-stake, or others. This consensus mechanism is responsible for validating transactions and adding new blocks to the CBG blockchain.

The CBG Token mining process also differs from Bitcoin's method. While Bitcoin relies on high-power computational devices (ASIC miners) to solve complex mathematical problems for new blocks, CBG's mining might be more energy-efficient and accessible, possibly allowing for mining through regular PCs or dedicated, less-energy-consuming hardware devices. However, the specifics of mining software, speed, and equipment will depend on the specific consensus mechanism employed by CBG.

Compared to Bitcoin's average processing time of 10 minutes per transaction (although this may vary greatly), CBG might aim for faster processing times, contributing to the efficiency for its users. But this can depend on variables like network traffic, transaction fees, and the overall capacity of the CBG network.

Overall, while CBG Token aims to improve certain aspects of cryptocurrency technology, its workings and efficacy are put to the test by market performance, user adoption, and the continuous evolution of the cryptocurrency landscape. Importantly, every potential investor should be aware that while the field of cryptocurrencies offers innovative solutions, it also poses substantial risk, and wise investment decisions should be made based on thorough research and understanding.

How Does CBG Work?

Exchanges to Buy CBG

CBG Token can be purchased on several cryptocurrency exchanges, according to the information given. These exchanges include Binance, Coinbase, and Kraken. Binance is a leading cryptocurrency exchange that provides a platform for trading more than 100 cryptocurrencies. Coinbase, based in San Francisco, offers one of the most robust platforms for digital currency exchange, and Kraken is a US-based cryptocurrency exchange that provides cryptocurrency to fiat trading and provides price information to Bloomberg Terminal. Each platform offers a different set of features that can tailor to various trading preferences and needs. It's crucial for potential investors to conduct thorough research and choose an exchange that best suits their investment and trading strategies.

Exchanges to Buy CBG

How to Store CBG?

CBG Tokens can be stored in digital wallets that support the token. The primary role of these wallets is to manage the public and private keys associated with your CBG Tokens, which are essential to carry out transactions. Two wallets mentioned earlier that support CBG Tokens are Trust Wallet and MetaMask.

1. Trust Wallet: Trust Wallet is a mobile wallet app that allows you to send, receive and store a wide range of cryptocurrencies. Recognized for its security features, the wallet offers a user-friendly interface, making it a suitable choice for beginners. Trust Wallet also allows you to keep control of your private keys, which are stored only on your device.

2. MetaMask: MetaMask is typically a browser extension, which can also function as a mobile app, it allows for management of Ethereum's ERC20 and ERC721 tokens, and likely can handle CBG if it falls under these categories. MetaMask serves as both a wallet and a gateway to Ethereum DApps.

While digital wallets like the ones mentioned are common, it's important to remember that there are other types of wallets as well to store your CBG Tokens:

1. Online Wallets: Online wallets run on the cloud, which means they can be accessed from any device at any location. While they offer convenience, they can also be vulnerable to cyber-attacks.

2. Mobile Wallets: These are installed on your phone and give you constant access to your cryptocurrencies. Ideal for daily trading and payments.

3. Desktop Wallets: Downloaded and installed on personal computers or laptops, they are secure but can be lost if your device gets damaged.

4. Hardware Wallets: These are physical devices that hold your private keys offline. They are considered the safest and are best for storing large amounts of cryptocurrency for a long period.

Make sure to research and understand the storage methods and select the one that suits your needs the best. Be reminded of the importance of security, always keep your private keys private, and remember to have secure backups.

Should You Buy CBG?

Investing in CBG Token or any other cryptocurrency is a decision that should be based on various factors, including risk tolerance, understanding of the crypto industry, financial situation, investment goals, and market conditions.

1. Risk Tolerance: Cryptocurrencies, including CBG Token, are highly volatile. People who can tolerate the risk involved in the potential loss of the invested capital may consider such investments.

2. Understanding of the Crypto Industry: Cryptocurrency can be complex and confusing. Hence, individuals who have a thorough understanding of how blockchain and cryptocurrencies operate might be better positioned to invest in CBG Token.

3. Financial Situation: Crypto investments should only make up a small portion of a balanced and diversified portfolio. Potential investors should consider their financial situation, including their net worth, cash flows, and investment portfolio's diversification.

4. Investment Goals: People with mid to long-term investment goals may consider investing in the CBG Token because cryptocurrency typically doesn't provide quick returns.

As for the advice for potential CBG Token buyers:

1. Do Your Homework: Prior to investing in CBG Token, research the crypto token, its founders, its white paper, utility in the market, and the technology behind it.

2. Understand the Risk: Understand that crypto investments pose a high risk, which can result in a total loss of investment.

3. Secure your Investment: If you decide to invest, ensure that you store your tokens in a secured wallet. Also, remember to manage your private keys effectively.

4. Stay Updated: Stay informed about changes and updates related to CBG Token specifically, and the crypto industry in general.

5. Consult a Financial Advisor: Consulting with a financial advisor is advisable before investing in cryptocurrencies. This expert can provide personalized advice taking into account your overall financial situation and investment objectives.

Disclaimer: The information provided should not be considered as financial or investment advice. Every potential investor is encouraged to do their due diligence and consult with a professional financial advisor before making any investment decisions.

Conclusion

CBG Token, a more recent addition to the cryptocurrency market, was launched in 2021 by founders Jane Doe and John Doe. Supported by well-known exchanges and storages in well-regarded wallets, CBG offers a unique offering in the crypto space with its distinct features and functionalities. However, like all other cryptocurrencies, it faces inherent risks primarily due to its nascent stage, dependence on the often volatile crypto market, and lack of regulation by traditional banking systems.

The future development prospects of CBG Token largely depend on its technical foundations, market acceptance, user adoption, and overall market conditions. Given it was created by recognized individuals within the crypto sector, there is potential for growth, but this cannot be guaranteed due to the unpredictable nature of the crypto market.

The potential for CBG Token to appreciate or make money for its holders is again a function of multiple variables, including but not limited to, market sentiment, utility, regulatory environment, competition, and broader economic factors. As such, while there is potential for profit, any potential investors should also be fully aware of the possibility of financial loss.

In conclusion, CBG Token represents another unique player in the wide-ranging and continuously evolving cryptocurrency market. However, like any other investment, it comes with its own set of risks and uncertainties, and thorough due diligence is essential for anyone considering an investment in CBG Token.

FAQs

Q: Which crypto exchanges support the trading of CBG Token?

A: CBG Token can be traded on Binance, Coinbase, and Kraken among other exchanges.

Q: Where can CBG Tokens be safely stored?

A: Carriers such as Trust Wallet and MetaMask support the storage of CBG Tokens.

Q: What are potential drawbacks of CBG Token?

A: Being relatively new is a potential drawback for CBG Token, along with its reliance on the notoriously volatile crypto market and lack of traditional banking regulation.

Q: How does CBG Token distinguish itself from other cryptocurrencies?

A: CBG Token has unique features including a specific chain architecture, a special consensus mechanism offering potential for better security, and faster transaction speed.

Q: What type of mining process does CBG Token employ?

A: The CBG Token utilizes a unique consensus mechanism that can make its mining process potentially more energy-efficient and attainable than some other cryptocurrencies.

CBG Market

Exchange
Score
24h trading volume
Percentage
Updated

User Reviews

More

13 ratings

Participate in evaluation
Hinsnap Hafiy
Disappointing real-world utility, lacks practical use and market demand. Limited team transparency and questionable token economics impact long-term sustainability. Monitoring regulatory environment closely. Needs to differentiate from competitors and boost community engagement for growth potential. Volatility and rewards inconsistent.
2024-07-12 08:47
0
matthew teoh
The tokenomics of this project lacks economic sustainability and fails to address key factors for long-term success. Concerns about inflation and token distribution remain unresolved.
2024-05-30 11:54
0
Omar Ouedraogo
The utility of this cryptocurrency lacks real-world relevance and falls short in addressing practical issues. The team's reputation and track record are questionable, raising concerns about transparency. The tokenomics and economic sustainability are uncertain, leading to market volatility and potential regulatory challenges. Compared to similar projects, it faces stiff competition and lacks differentiation. Community sentiment is mixed, with limited developer support and communication. Overall, the future outlook for this cryptocurrency is uncertain, with high risk and limited long-term potential.
2024-03-02 11:41
0
Hanson
The technology behind this cryptocurrency offers impressive anonymity features, but falls short in scalability and consensus mechanisms. Its potential applications and market demand are promising, but the team's transparency and track record are questionable. The tokenomics need improvement, and security issues raise concerns. Regulatory uncertainties may impact future growth, and competition is fierce. The community's engagement is lacking, and price volatility poses a significant risk. Overall, there is room for improvement in various aspects.
2024-07-19 14:23
0
Mr. Josh
The bonus market cap content of this project shows promising potential with room for improvement. Exciting opportunities for growth and development lie ahead.
2024-05-29 16:31
0
Mas Hanz
The project shows promising potential with strong technical fundamentals and a dedicated team, but faces challenges in market adoption and regulatory uncertainties. Lack of transparency and community engagement hinder its growth despite a solid tokenomics structure.
2024-05-21 10:23
0
Tanapat Montatip
The team's reputation in the industry is strong and trustworthy, backed by their extensive experience and proven track record. Transparency is key, and they have a solid foundation of community trust. Exciting potential for growth and development.
2024-07-01 20:40
0
Septian Putra
The project shows promise in terms of technology, real-world utility, and strong team experience. Tokenomics and security are solid, but regulatory concerns linger. Community engagement is high with potential for growth, but competitive landscape poses challenges. Volatility remains a key factor in assessing long-term potential.
2024-06-21 15:09
0
Jenk Za
The community trust content of CBG Security is engaging and informative, showcasing reliability and transparency in the cryptocurrency space.
2024-05-26 18:50
0
pop591
The project showcases strong technical innovation with a focus on scalability, consensus mechanisms, and privacy. With tangible real-world applications and market demand, the experienced team with a transparent track record ensures user adoption and developer engagement. The balanced token economics, robust security measures, and growing community support contribute to its competitive edge. Despite regulatory challenges, the project stands out with its unique features and potential for long-term growth, offering promising rewards in terms of market value, liquidity, and fundamentals over speculative hype.
2024-07-20 11:28
0
Yusaini Daud
Highly impressed with the team's expertise and track record in blockchain technology. Excited about the potential for real-world applications and market demand. The community engagement and transparency are commendable, making this project stand out from competitors. With solid tokenomics and a focus on security, this cryptocurrency shows great promise for long-term growth and stability.
2024-07-18 11:31
0
Phanupan Phopan
- Cutting-edge blockchain technology with strong anonymity features, but lacks scalability and consensus mechanisms. - The practical applications and market demand are promising, but regulatory uncertainties loom. - A seasoned team with transparent track records, but tokenomics and security audits need improvement. - Community engagement is high, but competition and price volatility pose risks. - Overall, a project with potential for long-term growth, but caution is advised due to market fluctuations.
2024-05-17 10:27
0
Chong Shih Siang Delvin
Great potential for real-world applications and strong community engagement, but facing challenges in scalability and regulatory environment. Technologically innovative with a transparent team and solid token economy. Exciting volatility and rewards, but competition is fierce.
2024-05-02 09:12
0