Is ABBC Coin a Good Investment?

The main advantage of ABBC lies in its mission to enable fast, efficient, and secure online retail through blockchain technology. For small to medium marketplaces, the access to additional global markets that ABBC Coin provides and the reduction of payment processing fees can be significant.Despite its origins as a fork of Bitcoin (BTC), ABBC switched to the EOSIO blockchain in August 2019. The central advantage of the EOSIO software is that the amount of available bandwidth is not dependent on the token price, making it ideal for scalable platforms like ABBC Coin.Furthermore, ABBC Coin is aimed at achieving full decentralization through community leadership. In addition to the current team, holders of the ABBC Coin tokens have a voting right that can be delegated, allowing others to vote on their behalf. Block producers can vote on ABBC's leadership initiatives, thus shaping the development and future of ABBC Coin.

What Is ABBC Coin Price Prediction?

ABBC Coin, formerly Alibabacoin, has several unique features and factors that could positively influence its price forecast. Firstly, the ABBC platform enables secure payment transactions and promotes using cryptocurrencies in retail. The platform provides a multi-platform wallet, supports a variety of cryptocurrencies, and offers an online shopping app and a crypto exchange.Another vital aspect is ABBC's governance model. It allows token holders to steer the platform’s development by delegating voting rights to selected block producers. These block producers can vote on governance proposals, including establishing strategic partnerships, implementing new features, or expanding ABBC's services to new regions.Another positive factor is the high transaction speed of the ABBC platform. ABBC is based on the EOSIO blockchain and can achieve up to 5,000 transactions per second (TPS). Moreover, it remains environmentally friendly due to the energy-efficient delegated Proof of Stake (DPoS) consensus mechanism.Finally, ABBC Coins are designed as a reward system for online shoppers. They can be staked for regular rewards, creating an additional incentive layer for using the ABBC platform and the ABBC Coin.

What Is ABBC Coin Tokenomics?

ABBC Coin has a maximum total supply of 1,423,973,934 ABBC. As of the time of this article, about half of that was in circulation. The tokenomics of ABBC are relatively straightforward. Of the tokens generated during the Token Generation Event (TGE), 80% went to investors and 20% to the project authors and the team.ABBC conducted an Initial Coin Offering (ICO) in 2018, raising $3.5 million by selling ABBC Coins for 0.00025 BTC per token. This was equivalent to about $1.60 per token at the time of sale.

How to Stake ABBC Coin

Staking ABBC Coin is a crucial part of the ecosystem. Staking is a process where token holders "freeze" or "stake" their coins to validate network transactions. In return, they receive rewards.In ABBC Coin, any token holder can vote for Block Producers (BPs), who can reach a consensus with other BPs. This ensures the security of the network and confirms only valid transactions. By staking the ABBC Coins, the holders can empower others to vote on their behalf. ABBC Coins can also be used as a reward system for online shoppers.Moreover, the ABBC mainnet offers a fee-based resource model to prevent resource abuse. ABBC users can obtain NET, CPU, and RAM resources by staking ABBC Coin. These resources enable users to use the network and perform transactions effectively.

ABBC Coin can be used in various ways. One of the main applications is online shopping. The ABBC platform provides an online shopping app that allows shopping at over 50 online retailers with cryptocurrencies. In addition, ABBC Coins can be used as a reward system for online shoppers.The ABBC platform also offers a multi-platform wallet that supports a variety of cryptocurrencies, including Bitcoin (BTC) and Ethereum (ETH), as well as native cryptocurrencies and ERC-20 tokens. Users can store their ABBC Coins in the wallet and use them for transactions.ABBC Coins can also be used for staking. Token holders can stake their coins to validate network transactions and receive rewards. They can also delegate their voting rights to selected block producers to vote on leadership proposals and thus influence the platform’s development.

How to Buy ABBC Coin (ABBC)

Price of ABBC Coin (24h)$0.0052724266230757

0.57%

Real-Time ABBC Rate Converter

Interested in buying ABBC Coin (ABBC) or exploring other cryptocurrencies? This is the right place for you! KuCoin offers safe and easy ways to let you buy ABBC Coin (ABBC) instantly wherever you are! Check out all the ways you can buy ABBC on KuCoin.

Buy ABBC Coin (ABBC) on KuCoin in Four Simple Steps

Create Your Free KuCoin Account

Sign up on KuCoin with your email address/mobile phone number and country of residence, and create a strong password to secure your account.

Secure Your Account

Ensure stronger protection of your account by setting Google 2FA code, anti-phishing code, and trading password.

Verify Your Account

Verify your identity by entering your personal information and uploading a valid Photo ID.

Add a Payment Method

Add a credit/debit card or bank account after verifying your KuCoin account.

Buy ABBC Coin (ABBC)

Use a variety of payment options to buy ABBC Coin on KuCoin. We'll show you how.

Choose How You Want to Buy ABBC Coin on KuCoin

Buying cryptocurrencies is easy and intuitive on KuCoin. Let's explore the different ways of buying ABBC Coin (ABBC).

Buy ABBC Coin (ABBC) with crypto on the KuCoin Spot Market

With support for 700+ digital assets, the KuCoin spot market is the most popular place to buy ABBC Coin (ABBC). Here's how to buy:

1. Buy stablecoins such as USDT on KuCoin using the Fast Trade service, P2P, or through third-party sellers. Alternatively, transfer your current crypto holdings from another wallet or trading platform to KuCoin. Make sure your blockchain network is correct, since depositing crypto to the wrong address may result in loss of assets.

2. Transfer your crypto to a KuCoin Trading Account. Find your desired ABBC Coin (ABBC) trading pairs in the KuCoin spot market. Place an order to exchange your existing crypto for ABBC Coin (ABBC).

Tip: KuCoin offers a variety of order types to buy ABBC Coin (ABBC) in the spot market, such as market orders for instant purchases and limit orders for buying crypto at a specified price. For more information about order types on KuCoin, click here.

3. As soon as your order is successfully executed, you will be able to see your available ABBC Coin (ABBC) in your Trading Account.

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How to Store ABBC Coin (ABBC)

The best way to store ABBC Coin (ABBC) varies based on your needs and preferences. Review the pros and cons to find the best method of storing ABBC Coin (ABBC).

Store ABBC Coin in Your KuCoin Account

Holding your crypto in your KuCoin account provides quick access to trading products, such as spot and futures trading, staking, lending, and more. KuCoin serves as the custodian of your crypto assets to help you avoid the hassle of securing your private keys on your own. Make sure to set up a strong password and upgrade your security settings to prevent malicious actors from accessing your funds.

Hold Your ABBC Coin in Non-Custodial Wallets

"Not your keys, not your coins" is a widely recognized rule in the crypto community. If security is your top concern, you can withdraw your ABBC Coin (ABBC) to a non-custodial wallet. Storing ABBC Coin (ABBC) in a non-custodial or self-custodial wallet grants you complete control over your private keys. You can use any type of wallet, including hardware wallets, Web3 wallets, or paper wallets. Note that this option may be less convenient if you wish to trade your ABBC Coin (ABBC) frequently or put your assets to work. Be sure to store your private keys in a secure location as losing them may result in the permanent loss of your ABBC Coin (ABBC).

What Can You Do with ABBC Coin (ABBC) on KuCoin?

Hold

Store your ABBC Coin (ABBC) in your KuCoin account.

Trade

Trade ABBC Coin (ABBC) in the spot and futures markets.

Earn

Earn passive income by staking or lending ABBC Coin (ABBC).

Why Is KuCoin the Best Platform to Buy ABBC Coin (ABBC)?

Safe and Trusted

Our regular Proof of Reserves (PoR) mechanism ensures that customer funds are backed by 1:1 real assets. KuCoin was named one of the Best Crypto Exchanges by Forbes in 2021 and selected by Ascent as the Best Crypto App in 2022.

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Boasting a high liquidity order book for all listed cryptocurrencies, KuCoin delivers a liquid trading experience with tight spreads.

Home of Crypto Gems

KuCoin supports more than 700 cryptocurrencies and is the best place to find the next crypto gem. Buy ABBC Coin and trade it against various digital assets on KuCoin.

Intuitive Interface

Buying ABBC Coin (ABBC) on KuCoin is quick and easy, thanks to our intuitive interface and powerful technology. Obtain ABBC in an instant when you buy on KuCoin.

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ABBC Coin (ABBC) Price Analysis

Live Price

The live price of ABBC is 0.00528 USD, representing an increase of 0.76% in the past 7 days and 0.57% increase in the past 24 hours.

Historical Trends

The all-time high of ABBC was 2.05 USD on 10-25, 2018, from which the coin is now down -99.74%.
The all-time low of ABBC was 0.00408 USD, from which the coin is now up 22.70%.

ATL0.004082682554201268

ATH$ 2.05

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Disclaimer

Given the nature of the crypto market, the price of ABBC Coin (ABBC) is subject to high market risk and price volatility. We recommend you invest in digital assets only after you understand how they work and their associated risks. Other factors to consider when devising your crypto investment strategy include your experience level, financial situation, investment objectives, and risk tolerance. You could also consult an independent financial advisor before buying cryptocurrencies. The above information is not financial advice, and past performance is not a reliable indicator of how the market will fare in the future. The value of your investments and assets may rise or fall based on market conditions, and there is no guarantee that you will get back the amount you invest or profit from your investments. Your investment decisions are your sole responsibility, and KuCoin is not responsible for any losses you may incur when you buy crypto on its platform. We rely on third-party sources for price and other data related to the cryptocurrencies listed above, and we are not responsible for its reliability or accuracy. The information is provided to you solely for informational purposes and is not warranted by KuCoin.