What is the current price of Beam (BEAM)?

The current price of Beam (BEAM) is 0.010480801489575 AUD, representing a -7.90 from the day prior.

Can I buy Beam (BEAM) on Coinstash?

Yes - you can easily buy and sell Beam (BEAM) on Coinstash. Simply login or sign up, to start buying Beam (BEAM) in minutes.

Where is the best place to buy Beam (BEAM) in Australia?

The best place to buy Beam (BEAM) 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 Beam (BEAM) 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 Beam (BEAM)?

The trading volume of Beam (BEAM) is 46.1M AUD in the last 24hrs, representing a -7.90 from the day prior.

How can I buy Beam (BEAM)?

Beam (BEAM) 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 Beam (BEAM)?

The current market cap of Beam (BEAM) is 542.3M AUD.

Can I convert Beam (BEAM) to cash?

Yes - With Coinstash you can convert your Beam (BEAM) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.

How many Beam (BEAM) are there?

The current circulating supply of Beam (BEAM) is 52.4B.

Is Coinstash a safe place to buy Beam (BEAM) in Australia?

Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling Beam (BEAM) 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 here.

Buy Beam

What is Beam?

Beam is a privacy-focused cryptocurrency that utilises the Mimblewimble protocol to ensure confidential transactions by default. It is a decentralised finance (DeFi) platform that operates with a focus on both privacy and scalability, using blockchain technology to facilitate anonymous transactions without reducing performance.

How does Beam work?

Beam operates using a combination of the Mimblewimble and Lelantus-MW protocols, which ensure transaction anonymity and confidentiality by not recording addresses on the blockchain. It uses a Proof-of-Work consensus mechanism with the BeamHash III algorithm, designed to be ASIC-resistant. Beam supports smart contracts through the Beam Virtual Machine, expanding its functionality to allow for complex decentralised applications.

What are the potential use cases for Beam?

Beam's potential use cases include private payments, confidential financial transactions for businesses, supply chain management with private tracking features, and privacy-preserving DeFi applications. It is used in the gaming industry to facilitate transactions and asset transfers, leveraging its low transaction fees and scalability. Beam has established partnerships, such as with Polygon for gaming expansions, indicating its utility in sectors needing privacy and efficiency.

What is the history of Beam?

Beam was founded by a team including Alexander Zaidelson and Alex Romanov and was officially launched in early 2019. Significant milestones include its mainnet launch, successful hard forks to upgrade its Proof-of-Work algorithm, and the introduction of Confidential Assets. Beam has expanded its market presence through listings and partnerships and recently increased its focus on the gaming industry by integrating features that support gaming applications, facilitated by the Merit Circle DAO.