$ 0.33205 USD
$ 0.33205 USD
$ 6.009 million USD
$ 6.009m USD
$ 119,283 USD
$ 119,283 USD
$ 1.043 million USD
$ 1.043m USD
52.278 million BDP
Issue Time
2021-03-07
Platform pertained to
--
Current coin price
$0.33205USD
Market Cap
$6.009mUSD
Volume of Transaction
24h
$119,283USD
Circulating supply
52.278mBDP
Volume of Transaction
7d
$1.043mUSD
Change
24h
+191.86%
Number of Markets
32
Current Rate0
0.00USD
3H
+204.01%
1D
+191.86%
1W
+129.03%
1M
+191.42%
1Y
+144.51%
All
-95.1%
Aspect | Information |
---|---|
Short Name | BDP |
Full Name | Big Data Protocol |
Founded Year | 2021 |
Founder | Peter Chen, Jordan Hauer |
Supported Exchanges | Gate.io, Uniswap, XT.COM, MEXC, LATOKEN, FameEx, Bibox, Jubi, ExMarkets |
Storage Wallet | MetaMask, Trust Wallet |
Customer Service | Medium, Telegram, Twitter |
Big Data Protocol (BDP) token serves as the utility token powering the DeFi protocol's ecosystem. It enables access to datasets, payment of fees on the platform, and participation in liquidity provision on Uniswap. Users earn BDP by staking in Seed Pools, adding liquidity to BDP/ETH or bALPHA/ETH pools, and can redeem it for datasets.
Pros | Cons |
---|---|
Democratizes access to big data | Dependence on adoption and data volume |
Enables earning from data provision | Market and regulatory uncertainties |
Data privacy is prioritized | |
Governance via BDP Token |
The Big Data Protocol (BDP) is projected to experience significant price fluctuations over the coming decades, with predictions suggesting a range from $0.000000076 to $0.5818 by 2030, expanding to $0.0002546 to $0.5245 by 2040, and further adjusting to a range of $0.006533 to $0.4672 by 2050, with an average trading cost estimated at approximately $0.06071.
Investing in Big Data Protocol (BDP) involves buying its native BDP token on crypto exchanges. Here's a list of six exchanges from which you can buy BDP.
Gate.io: Offers a wide range of cryptocurrencies with features like margin trading, lending, and staking. Supports BDP trading.
Step | Action | Details |
---|---|---|
1 | Create an Account on Gate.io | Sign up or log in to your existing Gate.io account. |
2 | Complete KYC & Security Verification | Ensure KYC and security verification are completed for account activation. |
3 | Choose Preferred Method to Buy BDP | Opt for spot trading, bank transfer, or credit card options for purchasing BDP. |
Spot Trading | Buy BDP at the market price or set a desired buy price for BDP/USDT pair. | |
Bank Transfer | Select bank transfer as the payment method and follow the instructions. | |
Credit Card | Choose credit card payment option and proceed with the purchase. | |
4 | Purchase Successful | After completing the transaction, BDP tokens will be in your wallet. |
MEXC: Growing exchange focused on digital asset trading. Supports BDP with margin trading and staking options.
Step | Action | Details |
---|---|---|
1 | Register via MEXC App or Website | Create a free account on MEXC using email or mobile number and complete KYC. |
2 | Choose How to Buy BDP | Select preferred method: Buy Crypto (USDT), Credit/Debit Card, P2P/OTC, Global Bank Transfer, or Third-party Payment. |
a) Credit/Debit Card Purchase | Use Visa or MasterCard for easy BDP purchase. | |
b) P2P/OTC Trading | Buy BDP directly from other users with escrow protection. | |
c) Global Bank Transfer | Deposit USDT via SEPA instantly with no fees and make a spot trade for BDP. | |
d) Third-party Payment | Utilize services like Simplex, Banxa, Mercuryo for BDP spot trade. | |
3 | Store or Use BDP | Hold BDP in MEXC Account Wallet, send via blockchain transfer, or trade/stake for passive income. |
Explore spot markets and add favorite pairs to bookmarks for price tracking. | ||
4 | Trade BDP on MEXC | Execute BDP trades with ease and confidence using MEXC's platform. |
Big Data Protocol (BDP) tokens are stored in MetaMask and Trust Wallet:
it appears that Big Data Protocol (BDP) has several positive aspects that contribute to its safety:
- Technology: BDP operates on the Ethereum blockchain, which is one of the most established and secure blockchain networks in the industry. Additionally, the protocol utilizes smart contracts for tokenization, which can enhance security and transparency.
- Community and Development Team: The project has an active community and experienced development team, which is crucial for ongoing support, maintenance, and updates. A strong community and competent team can contribute to the overall safety and stability of the token.
- Market Dynamics: BDP has shown reasonable liquidity and trading volume, indicating some level of market confidence and participation. Higher liquidity and trading activity can mitigate the risk of manipulation and contribute to a safer investment environment.
Big Data Protocol (BDP) has several positive attributes that contribute to its safety. However, it's essential to conduct further research, including reviewing audit reports, monitoring community sentiment, and staying informed about any updates or developments related to the project to make a well-informed investment decision.
Q: What is Big Data Protocol in essence?
A: Big Data Protocol is a decentralized platform aimed at incentivizing the sharing and trading of valuable data through its cryptocurrency, BDP.
Q: How do BDP Tokens serve within the Big Data Protocol?
A: BDP Tokens serve as the primary utility token, enabling users to access and pay fees for various services on the protocol, including sourcing private data, tokenizing data, unleashing liquidity on data tokens, and earning rewards through staking. Additionally, BDP tokens facilitate governance decisions, allowing holders to participate in protocol governance and shape its future development.
Q: Does Big Data Protocol prioritize user data privacy?
A: Yes, Big Data Protocol ensures that raw data is anonymized and users interact with aggregated data, thereby prioritizing user privacy.
Q: What wallets can be used to store BDP tokens?
A: BDP tokens can be stored in MetaMask and Trust Wallet.
Q: Is it possible to purchase BDP on cryptocurrency exchanges?
A: Yes, BDP can be purchased on multiple exchanges including Gate.io, Uniswap, XT.COM, MEXC, LATOKEN, FameEx, Bibox, Jubi, ExMarkets.
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