Buy Bounce Token (AUCTION)
What is Bounce?
Bounce Finance, symbol AUCTION, is a decentralised auction platform that leverages blockchain technology to offer transparent, efficient, and accessible auctioning, bidding, and purchasing processes for Web3 users. It provides a diverse range of auction services for creating, networking, trading, and collecting digital assets, including both fungible tokens and non-fungible tokens (NFTs).
How does Bounce work?
Bounce operates on blockchain technology, specifically using Ethereum and Binance Smart Chain, and employs smart contracts for managing auctions and fund distribution. It uses a Proof of Stake (PoS) consensus mechanism, ensuring decentralisation and transparency in its operations. Users can engage in various auction formats like fixed-swap, Dutch, sealed-bid, English, and more, while maintaining control over their assets via a non-custodial setup. Customisable auctions with user-defined parameters are supported, allowing diverse applications such as allocation of proceeds to beneficiaries or integration of auctions on external websites through Auction as a Service (AaaS).
What are the potential use cases for Bounce?
Bounce can be used for decentralised auctions involving tokens, NFTs, and real-world collectibles. It's applicable in token sales, NFT trading, governance voting on platform decisions, and as a private launchpad service for IDOs and new project launches. Additionally, it offers Auction as a Service (AaaS) for customising auctions on external websites and real-world collectibles service for physical assets auctioning and trading. Potential real-world applications span across NFT marketplaces, token sales, e-commerce, advertising, and financial services sectors.
What is the history of Bounce?
Founded in 2020 by Chandler Song and Jack Lu, among others, Bounce Finance launched its protocol in July 2020 and joined Binance Smart Chain's seed funding projects in October 2020. It introduced its Bounce V2 version with IDO capabilities in 2021 and further enhanced its platform with Bounce V3 in 2023, adding features such as Auction as a Service (AaaS). Over time, Bounce evolved from a basic auction platform to a comprehensive decentralised protocol recognised through significant partnerships and its presence in the blockchain community.
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Frequently Asked Questions (FAQs)
What is the current price of Bounce Token (AUCTION)?
The Bounce Token price is $28.81 AUD, representing a -4.1% from the day prior.
Where is the best place to buy Bounce Token (AUCTION) in Australia?
The best place to buy Bounce Token (AUCTION) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell Bounce Token (AUCTION) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.
What is the daily trading volume of Bounce Token (AUCTION)?
The trading volume of Bounce Token (AUCTION) is $103.2M AUD in the last 24hrs, representing a -4.1% from the day prior.
How can I buy Bounce Token (AUCTION)?
Bounce Token (AUCTION) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.
What is the market cap of Bounce Token (AUCTION)?
The current market cap of Bounce Token (AUCTION) is $188.0M AUD.
Can I convert Bounce Token (AUCTION) to cash?
Yes - With Coinstash you can convert your Bounce Token (AUCTION) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
How many Bounce Token (AUCTION) are there?
The current circulating supply of Bounce Token (AUCTION) is 6.6M.
Is Coinstash a safe place to buy Bounce Token (AUCTION) in Australia?
Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling Bounce Token (AUCTION) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices.