What is the current price of Bidao (BID)?

The current price of Bidao (BID) is 0.000598407914504913 AUD, representing a -7.36 from the day prior.

Can I buy Bidao (BID) on Coinstash?

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

Where is the best place to buy Bidao (BID) in Australia?

The best place to buy Bidao (BID) 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 Bidao (BID) 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 Bidao (BID)?

The trading volume of Bidao (BID) is 1.7K AUD in the last 24hrs, representing a -7.36 from the day prior.

How can I buy Bidao (BID)?

Bidao (BID) 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 Bidao (BID)?

The current market cap of Bidao (BID) is 0 AUD.

Can I convert Bidao (BID) to cash?

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

How many Bidao (BID) are there?

The current circulating supply of Bidao (BID) is 0.

Is Coinstash a safe place to buy Bidao (BID) in Australia?

Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling Bidao (BID) 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 Bidao (BID)

What is Bidao?

Bidao is a multi-chain decentralized finance (DeFi) platform and stablecoin. It is innovatively positioned as the first trustless stablecoin pegged to the U.S. dollar (USD) using the Binance Chain platform. The platform allows various cryptocurrencies to be used as collateral for BID stablecoins .

How does Bidao work?

Bidao operates through its specialized blockchain called the Bidao Smart Chain (BiSC), compatible with both Ethereum Virtual Machine (EVM) and Solana Virtual Machine (SVM). It uses a Proof of Stake (PoS) consensus mechanism, making the system more energy-efficient and secure. Bidao facilitates interoperability through cross-chain technology, enabling seamless transfer of assets across different blockchain networks .

What are the potential use cases for Bidao?

Bidao offers multiple use cases, primarily in decentralized finance (DeFi) as a stablecoin solution for lending, borrowing, and collateralized debt positions. Its cross-chain technology enhances interoperability. Further, Bidao aims to support AI ecosystems, non-fungible tokens (NFTs), and decentralized exchanges (DEXs), making it versatile in applications across financial services, AI, and digital collectibles .

What is the history of Bidao?

Bidao was launched to provide a decentralized finance platform, introducing a two-token system consisting of the BAI stablecoin and the BID token for governance. It leverages cross-chain technology to ensure interoperability and is governed by a decentralized autonomous organization (DAO). This setup promotes scalability, transparency, and security within its ecosystem. While no major forks or updates are specifically noted, Bidao continues to evolve with a focus on expanding its technological and market presence .