BinaryDAO (BYTE)
Details about BinaryDAO cryptocurrency
€57
3,202,616
7.021
Unknown
https://binarydao.finance/
@binarydao_fi
4043680x
€403074
BinaryDAO price charts
BYTE exchanges
BinaryDAO, the crypto
BinaryDAO (BYTE) is a decentralized finance platform that operates on the Ethereum blockchain. It is an ecosystem that uses smart contracts to enable users to create and trade binary instruments, which are financial contracts that pay out a fixed amount if a predefined condition is met, or nothing at all if the condition is not met.
The point
The main point of BinaryDAO (BYTE) is to provide its users with a platform where they can create and trade binary options in a decentralized and trustless way. It aims to make binary options trading more transparent, secure, and accessible to everyone, while also eliminating the need for intermediaries and reducing transaction costs.
The problem
BinaryDAO (BYTE) tries to solve several problems associated with traditional binary options trading, such as the lack of transparency, the potential for fraud and manipulation, the high fees, and the limited accessibility. By leveraging the benefits of blockchain technology, BinaryDAO (BYTE) aims to make binary options trading more secure, efficient, and accessible to a wider audience.
Compare BYTE and BTC performance
Timeframe | BYTE | BTC |
---|---|---|
1h change | -0.000777753 % | -0.158584 % |
24h change | 0.21 % | 3.27017 % |
7 day change | 0.31 % | 9.29633 % |
14 day change | -2.46 % | 2.30959 % |
30 day change | -12.5 % | 24.6099 % |
200 day change | -92.41 % | 173.296 % |
Year change | -87.95 % | 160.06 % |