Get up to $200 for getting started
Coinbase Logo

Buy Obyte with Coinbase Wallet

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

About Obyte

Obyte is a cryptocurrency platform built using DAG technology to support DApps. The Obyte project is a distributed ledger that utilizes directed acyclic graphs (DAGs). DAG technology is a mechanism that allows cryptocurrencies to operate similarly to blockchain-based cryptocurrencies but with no need for blocks or miners. The team claims that Obyte is decentralized, disintermediated, equal, and open because it does not utilize blocks or miners.

Obyte claims to be an excellent platform for DeFi apps, some of which are already available on the platform, such as Bonded Stablecoins, and some of which are in the process of development.

Additionally, Obyte seeks to provide the following:

● Self-sovereign identity

● Untraceable private currencies 

● Secure messaging over text coins 

● Extremely small memory requirement suitable for IoT devices

One of the features that make Obyte unique is Textcoin. Textcoins aim to allow one to send cryptocurrency via email or chat. For sending textcoins, the sender does not even need to know the recipient's Obyte address; instead, they transfer money to a known address, such as an email address or a chat contact. Even if the receiver does not have an Obyte wallet, he can still claim the funds by installing the wallet later.

As another feature of Obyte, 99% of its currency (GBYTE) is distributed through cashback deals and referrals.

The Obyte project, formerly known as Byteball, was launched in September 2016 by Anton (Tony) Churyumov and a team of developers in Russia. Churyumov launched a variety of start-ups, including SMS Traffic, a platform that allows businesses to combine consumers' and employees' mobile technology. In 2014, Churyumov became interested in cryptocurrencies and, in particular, the underlying blockchain technology. He could see significant defects and concerns that would prohibit cryptocurrencies from being widespread in the future. High energy consumption, scalability, and the presence of a privileged class of miners led him to think that there should be a better option, which influenced the design of Obyte.

Market

Market stats

Market cap

$8.0M

Volume (24h)

$182.99

Circulating supply

861.0K GBYTE

All time high

$1,195.99

Market performance

Price change (1h)

+0.17%

Price change (1d)

-0.75%

Price change (1w)

-4.41%

Price change (2w)

+7.13%

Price change (1m)

-4.64%

Price change (1y)

-15.77%

Related Assets

Discover conversions

A selection of conversions from different assets to top cryptocurrencies.

Trending assets

Assets with the biggest change in unique page views on coinbase.com over the past 24 hours.

Popular cryptocurrencies

A selection of cryptocurrencies in the top 50 by market cap.

Recently added

A selection of the most recently added cryptocurrencies.

Advanced trading

Here is a selection of spot and futures markets that people watch

Guides

Coinbase Bytes

Coinbase Bytes

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

Obyte is on the decline this week.

The price of Obyte has increased by 0.17% in the last hour and decreased by 0.75% in the past 24 hours. Obyte’s price has also fallen by 4.41% in the past week. The current price is $9.25 per GBYTE with a 24-hour trading volume of $182.99. Currently, Obyte is valued at 99.23% below its all time high of $1,195.99. This all-time high was the highest price paid for Obyte since its launch.

The current circulating supply of Obyte is 860,982.427 GBYTE which means that Obyte has as total market cap of 860,982.427.

FAQ

What is the current price of Obyte?

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

What is the market cap of Obyte?

The current market cap of Obyte is $7.97M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Obyte?

The all-time high of Obyte is $1,195.99. This all-time high is highest price paid for Obyte since it was launched.

What is the 24 hour trading volume of Obyte?

Over the last 24 hours, the trading volume of Obyte is $182.99.

What other assets are similar to Obyte?

Assets that have a similar market cap to Obyte include VIMworld, ZKSpace, Algebra, and many others. To see a full list, see our comparable market cap assets.

How many Obyte are there?

The current circulating supply of Obyte is 861 thousand.

Can I buy Obyte on Coinbase?

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