How to buy Bean (BEAN) cryptocurrency
The Bean coin is bit more complicated to get, because of the lack of exchanges that offer it. Only one exchange with one pair. Detailed information, including market cap, price prediction and fees is listed above.
Where to buy Bean
Step 1You need an account with a cryptocurrency exchange that supports Bean cryptocurrency. All of them listed on our site. Register it, if you don't already have it or login with your credentials.
Exchanges
| Name | Fee | Trust | DeFi | Volume | |
|---|---|---|---|---|---|
|
Curve (Ethereum) | ?? / ?? | LOW | No | $4344 |
Purchase or transfer with peer-to-peer trading this coin: 0X6C3F....
Step 3Switch to spot trading on exchange and type the token name in search line. Select from available trading pairs, then set order and push Buy BEAN button.
Congratulations!
After you click buy, the Bean crypto will be transferred to your account on the exchange. Please be advised that just transferring your coins from exchange to separate wallet like Trezor One or Ledger Nano X, you can improve protection of your investments. This is not just cut your risk if your crypto exchange or account gets hacked, but if you pick a “cold,” or offline, wallet, your Bean token becomes almost unhackable. Only downside is, generally have to pay a small withdrawal fee to move your tokens from the trading platform.
What is Bean
The practicality of using Decentralized Finance is limited by the lack of a decentralized, collateral-free stablecoin. Borrowing rates on USD stablecoins remain excessively high, even as supply increases rapidly. Supply cannot meet demand due to collateral requirements. Beanstalk uses credit instead of collateral to create a decentralized, liquid, blockchain-native asset, which is stable relative to the value of a non-blockchain-native asset. Beanstalk creates protocol-native financial incentives to encourage participation in peg maintenance and governance without requiring any action from everyday Bean users.
Video Review
Bean.Money - An Algorithmic USD pegged Stable coin - Overview
Statistics and Externals
Concepts of hashing algorithm not applicable to Bean cryptocurrency.
Price and supply
The current total supply is 31.5 millions, with a circulating supply of 0 BEAN as of Apr 2024. The max supply in the lifetime of the Bean is 24096739.
The price of Bean token is $0.991883 as of 09:13 AM. The price was declined on 0% over the past 24 hours. The recent price action left the token's market capitalization at 31.3 millions united states dollars. So far past 30 days, the Bean cryptocurrency was dropped on 0%.
FAQ
What exchange can I buy Bean token?
Bean can be bought from one trading platform. The list includes: Curve (Ethereum).
Is Bean a good investment?
The Bean token has a high risks of value drop. Due to the high volatility of all Blockchain world you need to consider: you can lose all of your invested funds, any cryptocurrency has a possibility price to crash to zero and unexpected changes in market can lead to sharp and sudden moves in price. The another side of that investing in cryptocurrencies is possible extremely profitable.
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About the author
Davy Jones has been involved in the crypto industry since 2017 as a miner. Since then, he has become an avid investor, writer, and speaker in the field. Jones has been writing professionally since 2008, covering a wide range of topics in various industries.