Buy MyBit (MYB)
What is MyBit?
MyBit is an Ethereum-based company that provides the infrastructure for wealth management applications. It focuses on investments related to the Internet of Things (IoT), allowing users to earn on machine labour through a decentralised platform.
How does MyBit work?
MyBit operates on the Ethereum blockchain and uses smart contracts written in Solidity. These contracts automate investment processes, eliminating the need for traditional brokers. The MyBit Network, SDK, and internal tools like MyBit Go and MYDAX facilitate decentralised investments and asset management.
What are the potential use cases for MyBit?
MyBit's potential use cases span various sectors:
- IoT Investments: Facilitating direct investments in IoT devices and assets.
- Decentralised Asset Management: Supporting wealth management applications through decentralised solutions.
- Machine Economy Investments: Engaging in investments within the machine economy, including manufacturing and transportation.
- Green Energy: Promoting investments in renewable energy sources like wind and solar charging stations.
- Transportation: Enabling investments in technologies such as delivery drones and self-driving vehicles.
What is the history of MyBit?
Founded in July 2017 in Zug, Switzerland, MyBit has built a global team of over 15 members. Key milestones include:
- 2017: Foundation and completion of the initial token distribution phase.
- 2019: Launch of the second token distribution phase and planning of an ecosystem fund. Significant updates involve developing the MyBit Network, SDK, and the Decentralised Development Fund (DDF) to incentivise developer contributions. The platform has carved a niche in IoT investment and decentralised wealth management markets.
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Frequently Asked Questions (FAQs)
What is the current price of MyBit (MYB)?
The MyBit price is $0 AUD, representing a 0% from the day prior.
Where is the best place to buy MyBit (MYB) in Australia?
The best place to buy MyBit (MYB) 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 MyBit (MYB) 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 MyBit (MYB)?
The trading volume of MyBit (MYB) is $0 AUD in the last 24hrs, representing a 0% from the day prior.
How can I buy MyBit (MYB)?
MyBit (MYB) 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 MyBit (MYB)?
The current market cap of MyBit (MYB) is $0 AUD.
Can I convert MyBit (MYB) to cash?
Yes - With Coinstash you can convert your MyBit (MYB) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
How many MyBit (MYB) are there?
The current circulating supply of MyBit (MYB) is 0.
Is Coinstash a safe place to buy MyBit (MYB) in Australia?
Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling MyBit (MYB) 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.