Biconomy (BICO) Hits 1-Day Trading Volume of $7.29 Million

Biconomy (BICO) traded down 10.5% against the dollar during the one day period ending at 16:00 PM Eastern on July 4th. Biconomy has a market capitalization of $219.03 million and $7.29 million worth of Biconomy was traded on exchanges in the last day. During the last seven days, Biconomy has traded down 23.9% against the dollar. One Biconomy token can now be bought for about $0.30 or 0.00000519 BTC on popular exchanges.

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

• KILT Protocol (KILT) traded down 3.2% against the dollar and now trades at $0.19 or 0.00000323 BTC.
• 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.
• Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher 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.
• Lumi Credits (LUMI) traded 1.4% lower against the dollar and now trades at $0.0118 or 0.00000020 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 722,758,758 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 purchase alternative cryptocurrencies such as Biconomy directly using US dollars. Investors seeking to trade Biconomy should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Gemini or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Biconomy using one of the exchanges listed above.

BICO/USD price chart by TradingView