Ribbon Finance (RBN) Price Tops $0.33 on Exchanges

Ribbon Finance (RBN) traded 3.5% higher against the US dollar during the 1 day period ending at 11:00 AM Eastern on August 31st. One Ribbon Finance token can currently be bought for approximately $0.33 or 0.00000555 BTC on exchanges. Ribbon Finance has a total market capitalization of $42.71 million and approximately $1.34 million worth of Ribbon Finance was traded on exchanges in the last 24 hours. Over the last week, Ribbon Finance has traded 26.8% lower against the US dollar.

Here is how similar cryptocurrencies have performed over 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 down 2.2% 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.
• 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 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.
• MVP Coin (MVP) traded down 3.6% against the dollar and now trades at $0.0497 or 0.00000084 BTC.
• 2G Carbon Coin (2GCC) traded down 0.4% against the dollar and now trades at $0.0480 or 0.00000183 BTC.

Ribbon Finance Profile

Ribbon Finance was first traded on May 24th, 2021. Ribbon Finance’s total supply is 1,000,000,000 tokens and its circulating supply is 130,458,567 tokens. Ribbon Finance’s official message board is ribbonfinance.medium.com. The official website for Ribbon Finance is www.ribbon.finance. Ribbon Finance’s official Twitter account is @ribbonfinance and its Facebook page is accessible here.

According to CryptoCompare, “Ribbon Finance is a DeFi protocol that offers access to structured crypto products such as options, futures, and fixed income to improve a portfolio’s risk-return profile. RBN is the governance token of Ribbon Finance, used to steward the development of the protocol, align incentives between stakeholders, and unite all Ribbon products under a single umbrella.”

Buying and Selling Ribbon Finance

It is usually not currently possible to buy alternative cryptocurrencies such as Ribbon Finance directly using US dollars. Investors seeking to acquire Ribbon Finance should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Coinbase or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Ribbon Finance using one of the aforementioned exchanges.

RBN/USD price chart by TradingView