Rank #1900
8,156 people like this
buying.com  (BUY)

Buying.com (BUY)

$0.021507526019 -8.4%
0.00000045 BTC -5.8%
8,156 people like this
24H Range
Market Cap $2,353,027
24 Hour Trading Vol $286,388
Fully Diluted Valuation $21,760,041
Circulating Supply 108,135,250
Total Supply 745,997,791
Max Supply 1,000,000,000
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Buying.com (BUY) Price Chart

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BUY Price and Market Stats

BUY Price $0.021507526019
Market Cap $2,353,027
Market Cap Dominance 0.00%
Trading Volume $286,388
Volume / Market Cap 0.124
24h Low / 24h High $0.021688248246 / $0.023488425297
7d Low / 7d High $0.018886645858 / $0.024808353594
Market Cap Rank #1900
All-Time High $0.106518 -79.6%
Aug 14, 2021 (4 months)
All-Time Low $0.018775965454 15.9%
Dec 04, 2021 (2 days)

Buying.com Coin Price & Market Data

Buying.com price today is $0.021507526019 with a 24-hour trading volume of $286,388. BUY price is down -8.4% in the last 24 hours. It has a circulating supply of 110 Million BUY coins and a total supply of 746 Million. If you are looking to buy or sell Buying.com, Bibox is currently the most active exchange.

BUY token is the utility coin in the Buying.com network. Buying.com is a next-generation decentralized e-commerce hyper local delivery network, offering micro distribution channels powered by decentralized delivery networks. We enable smaller retailers who do not have the access to vertically integrated technology and logistic services, to access multiple delivery channels and failure monitoring, and hence, pose a serious threat to larger retailers by offering a fully integrated peer-peer delivery network with a top class delivery service. Our solution offers the most competitive delivery system which can result in 10-30% cost reduction compared to current expenses and expand the business's geographical reach to help increase its revenue. Current scope of the project focuses on restaurants and food-delivery businesses.

The BUY token’s maiden use case is in rewarding loyalty of participating restaurants of it's fulfillment operations in the food service sector where the platform aggregates the orders and deliveries from popular food-ordering apps such as Doordash, GrubHub, Uber Eats, and Postmates. All order details are stored on the Buying.com platform and a final reward calculation is carried out at the end of the day, based on the number of orders. At the end of a month, when the final settlement between the business and Buying.com takes place, the business can redeem the BUY token against their bill. The adjustments will be made based on the average market price of BUY tokens on the many listed exchanges.

Current reward system, which solely has the number of orders as the contributing metric for reward issuance, will be replaced by a more advanced and improved version, by virtue of a reputation score. Users will be able to rate and review the restaurants, and their services, which will contribute to a restaurant's reputation score. The reward scale will be tilted in favor of restaurants providing better services, incentivising better conduct from the restaurant's end and improving the end consumer's experience.

Going forward, we intend on accepting the BUY token for placing orders, paying delivery personnels, providing restaurant and end-user rewards etc. New mechanisms are being devised to have “premium benefits” such as priority deliveries, best rated drivers and cashbacks, based on the amount of BUY tokens staked by the users and restaurants.

Buying.com News & Guides

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