3/22/2023, 1:51:19 PM

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Arabic is on the decline this week.

The price of Arabic has fallen by 0.17% in the past 7 days. The price increased by 0.08% in the last 24 hours. In just the past hour, the price grew by 0.00%. The current price is $0.0021 per ABIC. Arabic is 95.92% below the all time high of $0.0516.

The current circulating supply is 0 ABIC.


What Is Arabic Cash? (ABIC)

Arabic Cash operates as an independent decentralized financial project, based on the principle of loans and deposits. The project aims to attract new fundings in the digital economy. The platform also aims to build its decentralized exchange, including farming, staking, and lottery.

The vision of the project is to become a stable cryptocurrency that allows token holders to make confidential transactions, payments, and safely store it. The project also seeks to become a balancing tool between trading parties and serve as an alternative to friendly relations between the countries worldwide.

According to the official document, the financial services industry has high transaction costs. Further, other issues that plague the industry include:

  • Slow transactions – Currency transfers from one institution to another take hours domestically and between countries several days.

  • Financial instruments are difficult to understand due to a lack of transparency and unfair benefits for prominent players. Many people do not have access to the information; thus, the lack of transparency puts small traders at a disadvantage compared to institutional traders.

  • Inaccessibility and high cost for people with low incomes – Many regions lack financial services, and low-income people receive even higher fees than the average if they are available.

Further, excessive bureaucracy and complex financial monitoring has blocked trading flows worldwide. The project allows people to carry out trade in the developing countries.

ABIC is the ecosystem’s native digital token operating on the Binance Smart Chain and following the BEP20 standard. The token would be used to pay for the commission for each transaction activity that occurs within the ecosystem. The token also enables currency transfers in large volumes, crucial for business.

Further, the official documents mentions that the platform’s technology is interfaced with many global digital networks in the crypto industry, allowing the token to be available on many different wallets and exchanges.

History of Arabic Cash (ABIC)

The project’s core team comprises seven people who are based in Dubai. Overall, a total of more than forty people have worked on the project, based in the US, Canada, Berlin, Russia, Estonia, Lithuania, and Turkey.

The total supply of the token is 170,000,000.

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What is the current price of Arabic?

We update our Arabic to USD currency in real-time. Get the live price of Arabic on Coinbase.

What is the market cap of Arabic?

The current market cap of Arabic is $0.00. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Arabic?

The all-time high of Arabic is $0.0516. This all-time high is highest price paid for Arabic since it was launched.

What is the 24 hour trading volume of Arabic?

Over the last 24 hours, the trading volume of Arabic is $0.00.

What other assets are similar to Arabic?

Assets that have a similar market cap to Arabic include Ovato, USD Velero Stablecoin, Sword Art Online, and many others. To see a full list, see our comparable market cap assets.

How many Arabic are there?

The current circulating supply of Arabic is 0.

Can I buy Arabic on Coinbase?

No, Arabic is not currently available on Coinbase, but you can sign up to get the latest news on Arabic and be notified when it gets added to our exchange.