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BinStarter is on the decline this week.

The price of BinStarter has fallen by 36.43% in the past 7 days. The price declined by 11.61% in the last 24 hours. In just the past hour, the price shrunk by 0.31%. The current price is $0.0495 per BSR. BinStarter is 98.69% below the all time high of $3.77.

The current circulating supply is 0 BSR.


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What Is BinStarter (BSR)?

BinStarter is a decentralized insurance protocol, a mining-style approval mechanism that claims to bring together projects and liquidity providers. The protocol is created to examine the projects according to specific criteria for thirty days and safeguard liquidity providers from possible damages against any negativities. The network aims to secure start-ups and liquidity providers from fraud with a decentralized protocol.

The popularization of the decentralized structure came along with some risks and caused damage to project owners or liquidity providers. As per its whitepaper, these risks include software errors, token and fund-related errors, cases arising from people and traders (overselling of tokens to users), and exchange-based cases (fake volume or price) that cause negative impacts on the growth rate of ecosystems. BinStarter hence created an insurance protocol that protects liquidity providers from probable fraud cases. The network acts as an approval mechanism like an "evaluation pool" designed to solve such issues without fundraising concerns of project owners. The asset features insured fixed swap pools, a clearing pool that offers a fixed price, fast, transparent, cheap exchange, and insurance coverage against a possible fraud case. The carried transactions seek to be fair, transparent, and secure and provide low transaction charges.

BSR is the utility token of BinStarter that is built on the Binance Smart Chain and runs on the BinStarter ecosystem. The importance and utility of the BSR coin depend on the holding of tokens and the holding duration. BSR token sets each holder's role in the ecosystem that creates the governing body of the protocol. BinStarter has burned 15,200,000 BSR coins. Cryptocurrency burning is when a fraction of tokens are sent to a wallet with no private key. This means the tokens are lost forever. Tokens are usually burnt to reduce availability and increase market value. The token allocations go to seed sale (20 percent), public sale (25 percent), private sale (20 percent), developer team (10 percent), marketing (10 percent), foundational reserve (10 percent), pool rewards (10 percent), and marketing (10 percent).

History of BinStarter (BSR)

The developer team of BinStarter released this platform in July - August 2021. The currency has a total supply of one hundred million BSR coins.

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What is the current price of BinStarter?

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

What is the market cap of BinStarter?

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

What is the all time high of BinStarter?

The all-time high of BinStarter is $3.77. This all-time high is highest price paid for BinStarter since it was launched.

What is the 24 hour trading volume of BinStarter?

Over the last 24 hours, the trading volume of BinStarter is $7.63K.

What other assets are similar to BinStarter?

Assets that have a similar market cap to BinStarter include Orbit Bridge Klaytn Handy, Wrapped-Energi, JungleKing TigerCoin, and many others. To see a full list, see our comparable market cap assets.

How many BinStarter are there?

The current circulating supply of BinStarter is 0.

Can I buy BinStarter on Coinbase?

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