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Issue Time
2023-05-18
Platform pertained to
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Volume of Transaction
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WikiBit has marked the token as air coin project for we have received overwhelming complaints that this token is a Ponzi Scheme. Please be aware of the risk!
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Aspect | Information |
---|---|
Short Name | BeAI |
Full Name | BeNFT Solutions |
Founded Year | 2023 |
Main Founders | Guillermo Gharib, Mitchell Chester |
Support Exchanges | Binance, MEXC, Pancakeswap, LBank, Bitmakrt, KuCoin, BTCC Exchange, Coinbase, Bitget, Gate.io |
Storage Wallet | Trust Wallet |
BeNFT Solutions, also known as BeAI, is a specific kind of cryptocurrency designed to integrate with non-fungible tokens (NFTs). BeAI operates on blockchain technology, the same decentralization protocol that underpins most digital currencies today. This allows for transparent, secure, and traceable transactions. As a unique feature, BeAI facilitates the creation, buying, selling, and trading of NFTs, which are cryptographic assets on blockchain with unique identification codes and metadata that distinguish them from each other.
While the most common use of NFTs is in the field of digital art, BeAI's scope extends beyond, providing solutions in sectors such as real estate, supply chains, and digital identities. BeAI uses artificial intelligence (AI) algorithms for predictive analysis, market trends and pattern recognition, which adds an additional layer of functionality to the platform.
To obtain more information, you can visit their website:https://beai.io/ and try to log in or register to use more services.
Pros | Cons |
---|---|
Integration with NFTs | Market Volatility |
Blockchain Technology for secure and transparent transactions | Regulatory Scrutiny |
Facilitates creation and trading of NFTs | Dependent on Technological Infrastructure |
AI algorithms for market trends and pattern recognition | Complexity of Use |
Application in different sectors such as real estate and digital identities |
Pros of BeNFT Solutions (BeAI):
Integration with NFTs: BeAI is specifically designed to integrate with non-fungible tokens (NFTs), setting it apart from other cryptocurrencies. This allows it to be used in various sectors, including digital art, real estate, supply chains, and digital identities.
Blockchain Technology: Like many digital currencies, BeAI operates on blockchain technology, which allows for secure, transparent, and traceable transactions. This can provide users with greater peace of mind and confidence in the system's integrity.
Facilitates Creation and Trading of NFTs: An added functionality of BeAI is that it facilitates the creation, buying, selling, and trading of NFTs. This opens up new possibilities for users, such as the ability to gain from the value of unique digital assets.
AI algorithms: BeAI uses artificial intelligence algorithms to assess market trends and recognize patterns. This additional feature enhances its functionality, potentially aiding in investment decisions.
Application in Different Sectors: The extent of BeAI isn't confined solely to digital art, but extends to many other sectors, such as real estate and digital identities. This widens the scope of its usage and potential benefit for users.
Cons of BeNFT Solutions (BeAI):
Market Volatility: Like any form of cryptocurrency, BeAI is subject to market volatility, meaning its value can fluctuate widely in a very short time. This can create uncertainty for investors and users.
Regulatory Scrutiny: As with other cryptocurrencies, BeAI is subject to regulatory scrutiny. This can potentially limit its use, adoption, and potential returns for investors.
Dependence on Technological Infrastructure: The operation of BeAI, like other digital currencies, is largely dependent on the technological infrastructure. Any glitches, hacks, or technological failures can disrupt its operation and affect its value.
Complexity of Use: While the advanced features of BeAI can be a selling point, they also add to the platform's complexity. The integration of NFTs, artificial intelligence, and blockchain technology might make it complex for traditional or less tech-savvy users to understand and use.
BeNFT Solutions (BeAI) introduces significant innovations in the field of cryptocurrency. Firstly, it explicitly integrates with non-fungible tokens (NFTs). Unlike other cryptocurrencies, which are primarily used as a digital medium of exchange, BeAI extends its usage to facilitate creation, buying, selling, and trading of NFTs, which are unique cryptographic assets.
The second innovation of BeAI lies in its utilization of artificial intelligence. This AI capability is employed for predictive analysis, pattern recognition, and market trend assessment, enabling a level of tactical functionality that surpasses many traditional cryptocurrencies. This enables users to potentially make more informed decisions regarding their investments or transactions.
Finally, BeAI's application is not restricted to digital art, the most commonly associated field with NFTs. Instead, it breaches this boundary and offers solutions for other sectors like real estate, supply chains, and digital identities. This multi-faceted approach sets BeAI apart from many traditional cryptocurrencies, which typically focus only on being a medium of exchange or store of value.
BeNFT Solutions (BeAI) operates on blockchain technology, which is a highly secure and decentralized form of record-keeping. Each transaction on the blockchain is grouped in blocks, which are chained together in a public ledger, transparent and traceable for all network participants. This use of blockchain is consistent with many other cryptocurrencies and enables BeAI to uphold principles of security, transparency, and decentralization.
BeAI is designed to work with Non-Fungible Tokens (NFTs). In contrast to fungible tokens such as Bitcoin or Ethereum, where every token is identical to every other token, NFTs are unique and can be distinguished from each other. This makes them particularly suitable for representing ownership of unique assets, whether virtual or real-world. BeAI facilitates the creation, buying, selling, and trading of these NFTs on its platform.
BeAI also incorporates Artificial Intelligence (AI) algorithms into its system. These algorithms are designed to perform predictive analyses, recognize market trends, and otherwise help users make informed decisions about their transactions on the platform. This integration of AI algorithms represents a significant departure from some traditional cryptocurrencies, which do not typically include this functionality.
Coin Airdrop
BeNFT Solutions (BeAI) is a relatively new cryptocurrency that was launched in 2022. The circulating supply of BeAI is currently 1,349,789.706 BeAI, and the price has fluctuated significantly since its launch.
Price Fluctuation
The live BeNFT Solutions price is $0.373681 with a 24-hour trading volume of $350,792 USD as of March, 2024. BeNFT Solutions is down 3.77% in the last 24 hours. It has a circulating supply of 1,349,790 BEAI coins and a max. supply of 7,000,000 BEAI coins.
There are many cryptocurrencies and tokens in use today, but some of the most popular ones include:
Binance: a token used on the Binance exchange to pay for transaction fees and access certain features.
Step | |
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1 | Download the official Trust Wallet mobile app from Google Play or the iOS App Store. |
2 | Register and set up Trust Wallet following the prompts in the app. Keep your seed phrase safe and note down your wallet address. |
3 | Log in to your Binance account and navigate to the Binance Crypto webpage. |
4 | Follow the necessary steps on Binance to buy BeAI as your base currency. |
5 | Once you have purchased BeAI on Binance, go to the Binance wallet section. |
6 | Locate the BeAI you purchased and click on “Withdraw”. |
7 | Set the network to BeAI Chain and provide your Trust Wallet address. |
8 | Enter the amount of BeAI you want to transfer and click “Withdraw”. |
9 | Wait for the BeAI to appear in your Trust Wallet. |
10 | You now have successfully bought BeAI and set up Trust Wallet. |
See this link for details on how to buy BeAI:https://www.binance.com/en/how-to-buy/benft-solutions
MEXC: A global digital asset trading platform providing diverse trading pairs, deep liquidity, and a user-friendly interface for cryptocurrency enthusiasts.
Step | |
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1 | Register: Open a MEXC account either through the website or the mobile app using your email or mobile number. Complete the registration process and fulfill the KYC (Verify Identification) requirements. |
2 | Choose Buying Method: Access the MEXC website and click on the “Buy Crypto” link on the top left of the navigation menu. Select the available buying method suitable for your region. |
3 | Option A: Credit/Debit Card Purchase: Use this option to buy BEAI easily with your Visa or MasterCard as a new user. |
Option B: P2P/OTC Trading: Purchase BEAI directly from other users on MEXCs peer-to-peer service, safeguarded by escrow and MEXC support. | |
Option C: Global Bank Transfer: Instantly deposit USDT via SEPA with no fees and perform a spot trade to acquire BEAI. | |
Option D: Third-party Payment: Utilize various payment services, including Simplex, Banxa, Mercuryo, offered by MEXC to facilitate spot trades for purchasing BEAI. | |
4 | Store or Use BEAI: After your successful purchase, either retain your BEAI in the MEXC Account Wallet or transfer it to another blockchain address. You can also trade BEAI for other cryptocurrencies or stake it on MEXC Earning Products for passive income. |
5 | Trade BEAI: Engage in BEAI trading on MEXC, a user-friendly and trusted platform. Simply follow a few simple steps outlined in the comprehensive video guide provided by MEXC to execute your crypto trades. |
6 | Stay Updated: Keep track of BEAI prices by visiting the spot markets regularly, and bookmark your favorite coin pairs for easy access. |
7 | Review and Secure: Regularly review your account, transactions, and security measures to ensure the safety of your BEAI and other cryptocurrency assets. |
See this link for details on how to buy BeAI:https://www.mexc.com/zh-CN/how-to-buy/BEAI.
PancakeSwap: A decentralized exchange on the Binance Smart Chain offering a wide range of tokens for trading with low fees and high speed transactions.
LBank: A leading digital asset exchange with innovative features, security measures, and a wide selection of digital assets for trading and investment.
BitMart: A premier global digital asset trading platform that offers a secure, efficient, and user-friendly trading experience with various cryptocurrencies and tokens available for trading.
KuCoin: A popular cryptocurrency exchange platform that provides a wide range of digital assets for trading, innovative features such as KuCoin Shares (KCS) and futures trading, as well as robust security measures to ensure a safe trading environment for users.
BTCC Exchange: BTCC Exchange is one of the oldest and well-established cryptocurrency exchanges. Founded in 2011 in China, it offers a reliable and secure platform for trading various cryptocurrencies.
Coinbase: Coinbase is a popular cryptocurrency exchange based in the United States. It is known for its user-friendly interface and beginner-friendly approach, making it a popular choice for individuals new to the crypto space. Coinbase offers a wide range of cryptocurrencies for trading, including major ones like Bitcoin, Ethereum, and Litecoin.
Bitget: Bitget is a cryptocurrency derivatives exchange that primarily focuses on futures trading. It offers a variety of trading products, including perpetual contracts, futures contracts, and options contracts.
Gate.io: Gate.io is a global cryptocurrency exchange that offers a wide range of trading options. It supports spot trading for numerous cryptocurrencies and provides various trading pairs. Gate.io also offers margin trading, futures trading, and lending services.
In Trust Wallet, traders can store BeAI. Trust Wallet is a multi-cryptocurrency wallet and decentralized application browser that allows users to safely store, manage, and exchange various cryptocurrencies. It supports a wide range of cryptocurrencies and tokens, making it a popular choice among crypto enthusiasts.
BeNFT Solutions prioritizes security by implementing Trust Wallets to safeguard digital assets through offline storage, adding an extra layer of protection against online threats. Furthermore, the exchange adheres to industry best practices and standards to ensure robust technical security measures are in place, safeguarding user information and transactions from potential risks and vulnerabilities.
Earning through their Ecosystem: BeAI has a platform or service, and traders can earn BeNFT Solutions tokens through using it or contributing to it.
Liquidity Pools: BeAI could potentially be involved with Decentralized Finance (DeFi) protocols. Traders are able to earn BeAI by providing liquidity to liquidity pools on these platforms. Liquidity pools are essential for DeFi transactions, and users who contribute liquidity tokens earn fees.
Trading: Users with knowledge of the cryptocurrency markets can trade BeAI against other currencies on exchanges. By buying BeAI when prices are low and selling when they're high, traders can potentially earn profits. However, trading comes with its own set of risks and requires a good understanding of the market dynamics.
BeNFT Solutions (BeAI) is a unique type of cryptocurrency that combines blockchain technology with the non-fungible tokens (NFTs) and artificial intelligence (AI). It provides a platform for the creation, buying, selling, and trading of NFTs across various sectors, including digital art, real estate, and supply chains. Equipped with AI, BeAI offers an advanced level of functionality including predictive analysis, pattern recognition, and market trend analysis.
Potential development prospects of BeAI are largely influenced by the growing interest in NFTs and the adaptability of its AI algorithms. As more sectors explore the potential of integrating NFTs and AI for various purposes, BeAI could have significant opportunities for expansion and adoption.
Q: What is BeNFT Solutions (BeAI)?
A: BeNFT Solutions, also known as BeAI, is a cryptocurrency designed to integrate with non-fungible tokens (NFTs) and uses artificial intelligence for predictive market analysis.
Q: What specifies BeAI from other cryptocurrencies?
A: BeAI distinctively incorporates AI for data analysis and primarily focuses on non-fungible tokens (NFTs), diversifying its capabilities beyond typical cryptocurrencies.
Q: What are the risks involved in using or investing in BeAI?
A: As with any form of cryptocurrencies, BeAI is exposed to risks such as market volatility, regulatory scrutiny, and potential technological failures.
Investing in cryptocurrencies requires an understanding of potential risks, including unstable prices, security threats, and regulatory shifts. Thorough research and professional guidance are advised for any such investment activities, recognizing these mentioned risks are just part of a wider risk environment.
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