What was the cost of Binance Coin when it was launched?
Anar DashdavaaDec 17, 2021 · 3 years ago3 answers
Can you tell me the initial price of Binance Coin when it was first launched? I'm curious to know how much it was worth at the beginning.
3 answers
- Dec 17, 2021 · 3 years agoThe cost of Binance Coin when it was launched was approximately $0.10. This was the initial price set during its initial coin offering (ICO) in July 2017. Since then, the price of Binance Coin has experienced significant fluctuations, reaching an all-time high of over $600 in May 2021.
- Dec 17, 2021 · 3 years agoWhen Binance Coin was first launched, it had an initial price of around $0.10. This means that if you had invested $100 in Binance Coin at that time, you would have received approximately 1000 Binance Coins. Considering the current price of Binance Coin, that investment would have been quite profitable.
- Dec 17, 2021 · 3 years agoThe initial price of Binance Coin when it was launched was around $0.10. This was a relatively low price compared to its current value. Binance Coin has seen tremendous growth since its launch, becoming one of the top cryptocurrencies in terms of market capitalization.
Related Tags
Hot Questions
- 94
What are the best digital currencies to invest in right now?
- 89
How does cryptocurrency affect my tax return?
- 86
What are the tax implications of using cryptocurrency?
- 80
What is the future of blockchain technology?
- 68
How can I minimize my tax liability when dealing with cryptocurrencies?
- 40
How can I protect my digital assets from hackers?
- 39
What are the advantages of using cryptocurrency for online transactions?
- 18
What are the best practices for reporting cryptocurrency on my taxes?