BitBay is a completely-functional decentralized marketplace and smart contracting program, backed by a secure cryptocurrency.
What Is BitBay (BAY)?
BitBay is a free software program that implements the security you need to preserve all of your online transactions, especially at places like Craigslist, Hoobly and eBay Classifieds. It removes any centralized services from online purchases and allows buyers to interact directly with sellers safely and securely.
BitBay (BAY): History
BitBays started off its development in 2014 by Sylwester Suszek who also serves as the CEO. The original investors abandoned the project after a few months, but the developer still carried on the work and the second version of the project went live in 2015. It had a better exchange mechanism and added more currencies. The third version took around a year and a half to fully be developed and was released in 2017.
How Does BitBay (BAY) Work?
BitBay emphasizes an in-wallet marketplace, similar to Ali Baba, Amazon or eBay, which utilizes its cryptocurrency (BAY). Not only are users capable of purchasing and selling goods, but they are also able to interchange anything, make unbreakable agreements, employee people, and buy/sell coins for cash peer to peer. All of this was done without intermediaries, or fees, right within an incredibly secure open-source software. BitBay users can buy/sell goods, skills, talents or any other valued commodity. Users may not even need to use the cryptocurrency for the transaction – they may merely barter on top of the contract.
How To Buy BitBay (BAY)?
Buying BitBay is a two-step process. First, head over to Coinbase and purchase Bitcoin or Etherium which accepts debit or credit card. If Coinbase is not accessible in your jurisdiction, view our list of markets that sell BTC or ETH for Government issued money. Next, transfer your newly purchased BTC or ETH from your Coinbase wallet to one of the exchanges like Bittrex/ Cryptopia/ Changelly.
BitBay (BAY) Price Prediction 2018
BAY can be a profitable investment option. BitBay price equal to 0.0372 USD at 2018-03-31. If you buy BitBay for 100 dollars today, you will get a total of 2685.549 BAY. Based on our forecasts, a long-term increase is expected, the price prognosis for 2023-03-23 is 0.193 US Dollars. With a 5-year investment, the revenue is expected to be around +419.25%. Your current $100 investment may be up to $519.25 in 2022. BAY price today is $0.0372 and the market cap value is $37,597,486. The current supply is 1,010,076,886 BAY and the volume is $8,151,890.