Bidao BID Price 0.00196222

What is Bidao?
Bidao is a multi-chain finance. The first trustless stable coin is pegged to the U.S. dollar.
The integration of the stablecoin solution with the platform helps it benefit from the speed, reliability and efficiency offered by the platform. Thanks to the ease with which Bidao sidechains can be deployed, and the efficiency of the smart contracts offered by Binance Chain, Bidao aims to achieve greater transaction speed than traditional ERC-20 token.
The benefits of using the settlement layer over other platforms include faster settlement times and reduced fees. Users of Bidao will need BNB and a supported asset to generate stable coins.


Who are the people who founded Bidao?
The co-founding of Bidao was done by Long Zhang and Bastian Aigner. Crococoding is a successful platform used to design websites and is co-founded by Aigner.

The main goal of the Bidao team is to create a speach-agnostic ecosystem.

What makes Bidao unique?
The trustless setup is one of the main features of Bidao.
Unlike other traditional platforms, Bidao uses a new and improved blockchain architecture built on the Binance Chain to provide a faster, low-cost alternative to Ethereum-based solutions.
The practice of keeping the BID token in a private wallet without transferring them is called powerstaked.


There are pages that are relevant.
At Alexandria, you can get to grips with stable coins.
You can learn about the most popular stable coin.
You can read about Wrapped Bitcoin.


How many BID Coins are in circulation?
There is a supply of 4,000,000,000 BID token. The September 2020 token sale raised $18 million. The unsold token will be burned.
The Bidao token began trading in September 2020.

How is the network secured?
The PoS consensus is used as a security measure.


Where can I buy Bidao?
BID can be traded on a number of platforms, including centralized exchanges like Poloniex and LBank, as well as the DEX Uni swap V2. There is no BID available to trading pairs.