Buy BankSocial with Coinbase Wallet

BankSocial can be traded using Coinbase Wallet, your key to the world of crypto.


Market stats

Market cap


Volume (24h)


Circulating supply


All time high


Price change (1h)


Price change (24h)


Price change (7d)


About BankSocial

What Is BankSocial (BSL)?

BankSocial (BSL) is a peer-to-peer social agreement lending platform that aims to revolutionize the usage of blockchain for lending. As per the whitepaper, the platform claims to be secured by the Ethereum blockchain. The vision is to be the first lending platform built from the ground up to share the value created in lending systems with the people who fund the loans.

According to the whitepaper, traditional systems are troubled with outdated thinking. The system doesn't share the wealth. BankSocial's community-driven approach to borrowing aims to replace old lending practices by rewarding staked community members for financing loans.

BankSocial's funding network continually seeks to create value for the members, known as token holders, and utilizes BLOCKSCORE technology to determine borrower creditworthiness. A borrower's BLOCKSCORE is used to assess the borrower's eligibility to receive asset-backed loans for home mortgages, automobiles, small businesses, real estate, and other collateralized lending products. In addition, the token holders approve loan requests through a next-generation tokening consensus system, thus truly decentralizing the lending system.

Furthermore, the economics of the platform includes redistribution for the people. According to the whitepaper, redistribution means every time someone trades a BankSocial (BSL) token, all token holders are rewarded for staying in the traditional system with a 3% distribution of all traded tokens. By holding tokens, users keep building yield from the community.

The BankSocial (BSL) token aims to be the backbone of the BankSocial lending platform. The logic in the smart contract allocates 7% of all token sales redistributed for the network's good. For example, 3% is redistributed directly to users' wallets in more tokens. The other 4% is tucked safely away in the social lending pool for future loans and yield repayments to all token holders. The Ethereum network secures the BSL token via an open-source, verifiable ERC20 solidity contract.

The BankSocial roadmap outlines the vision for building a first-of-its-kind socialized autonomous peer-to-peer funding network to create liquidity and reward all token holders.

History of BankSocial

The platform's team includes John R. Wingate, founder and CEO, Alireza Dehghan, the COO, and Eric Wingate, the CTO. Furthermore, the team launched the BankSocial website and the Ethereum ERC20 token BSL in Q1, 2021.


Decrypt • Dec 03, 23

Bitcoin Hits $40,000 for First Time Since April 2022

Bitcoin is back above $40,000, continuing its recent rise amid anticipation over a potential spot ETF approval in the U.S. And ETH is up too.

Read more

News Article Image

BeInCrypto • Dec 03, 23

Chainlink (LINK) in High Demand: Whales Buy $50 Million

Chainlink's top 200 wallets acquire $50M+ of LINK tokens, amassing 746.57M tokens valued at $11.84 billion.The post Chainlink (LINK) in High Demand: Whales Buy $50 Million appeared first on BeInCrypto.

Read more

News Article Image

BeInCrypto • Dec 03, 23

Shibarium Records 12 Million Transactions in 2 Days, Increasing Shiba Inu’s Burn Rate by 650%

Shibarium's daily transactions soar by 44,397.9% while 500M SHIB burnt; SHIB price remains stable amid record activity.The post Shibarium Records 12 Million Transactions in 2 Days, Increasing Shiba Inu’s Burn Rate by 650% appeared first on BeInCrypto.

Read more

News Article Image

The Defiant • Dec 03, 23

Our Most Read Stories This Week: Bitcoin Hodlers, Vitalik's Techno Optimism, BTC Miner

The Defiant's most read stories for the week of Nov. 27.

Read more

News Article Image

Decrypt • Dec 03, 23

Every Game on Ethereum Scaler Immutable in the Epic Games Store

Many games are using Ethereum layer-2 blockchain Immutable X or the upcoming Immutable zkEVM. Here's what you'll find on the Epic Games Store.

Read more

News Article Image

BeInCrypto • Dec 02, 23

Bitcoin Nears $40,000 as These Analysts and On-Chain Metrics Turn Bullish

Bitcoin spikes to $39,900, fueled by market optimism post-Powell speech, eyeing $45,000 amidst bullish trends.The post Bitcoin Nears $40,000 as These Analysts and On-Chain Metrics Turn Bullish appeared first on BeInCrypto.

Read more

News Article Image

Related Assets

Coinbase Bytes

Coinbase Bytes

The week’s biggest crypto news, sent right to your inbox

BankSocial is on the decline this week.

The price of BankSocial has fallen by 2.56% in the past 7 days. The price declined by 0.22% in the last 24 hours. In just the past hour, the price shrunk by 0.16%. The current price is $0.000313 per BSL. BankSocial is 96.87% below the all time high of $0.0100.

The current circulating supply is 0 BSL.


What is the current price of BankSocial?

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

What is the market cap of BankSocial?

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

What is the all time high of BankSocial?

The all-time high of BankSocial is $0.0100. This all-time high is highest price paid for BankSocial since it was launched.

What is the 24 hour trading volume of BankSocial?

Over the last 24 hours, the trading volume of BankSocial is $310.55.

What other assets are similar to BankSocial?

Assets that have a similar market cap to BankSocial include High Voltage, sKLAY, GXChain, and many others. To see a full list, see our comparable market cap assets.

How many BankSocial are there?

The current circulating supply of BankSocial is 0.

Can I buy BankSocial on Coinbase?

Yes, BankSocial is currently available on Coinbase wallet. For more detailed instructions, check out our helpful how to buy BankSocial guide.

Discover ENS Profiles

Navigate the world of Ethereum Name Service (ENS) profiles. Connect, learn, and engage with the web3 community on Check out some of the most popular ENS profiles below.