Biconomy Hits One Day Trading Volume of $16.81 Million (BICO)

Biconomy (BICO) traded up 13.9% against the U.S. dollar during the 24-hour period ending at 12:00 PM Eastern on December 24th. Biconomy has a market cap of $296.38 million and approximately $16.81 million worth of Biconomy was traded on exchanges in the last 24 hours. In the last week, Biconomy has traded 8.9% lower against the U.S. dollar. One Biconomy token can now be bought for about $0.32 or 0.00000327 BTC on cryptocurrency exchanges.

Here’s how similar cryptocurrencies have performed in the last 24 hours:

• Aidi Finance (BSC) (AIDI) traded down 2.2% 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 2.2% lower 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded 5.2% higher against the dollar and now trades at $98,079.88 or 0.99135356 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 5.5% against the dollar and now trades at $97,193.72 or 0.98239655 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Biconomy Profile

Biconomy’s launch date was December 1st, 2021. Biconomy’s total supply is 1,000,000,000 tokens and its circulating supply is 915,841,792 tokens. Biconomy’s official message board is medium.com/biconomy. The official website for Biconomy is biconomy.io. Biconomy’s official Twitter account is @biconomy and its Facebook page is accessible here.

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%.”

Buying and Selling Biconomy

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

BICO/USD price chart by TradingView