Buying.com

BUY Price

What is Buying.com about?

Buying.com is a next-generation decentralized e-commerce platform that operates a hyper-local delivery network. It provides micro-distribution channels powered by decentralized delivery networks, enabling smaller retailers to access multiple delivery channels and failure monitoring. This platform allows smaller retailers to compete with larger ones by offering a fully integrated peer-peer delivery network with top-class delivery service. The solution offers a competitive delivery system that can reduce costs by 10-30% compared to current expenses and expand a business's geographical reach to increase revenue. Currently, the project focuses on restaurants and food-delivery businesses.

What makes Buying.com unique?

Buying.com stands out by providing a decentralized delivery network that empowers smaller retailers to access advanced logistics and technology. It offers a cost-effective delivery system that can significantly reduce expenses and expand business reach. Additionally, the platform introduces a reputation score system based on user ratings and reviews, incentivizing better service quality from restaurants and enhancing the consumer experience.

What's the history of Buying.com?

Buying.com was established to address the challenges faced by smaller retailers in accessing integrated technology and logistics services. The platform began by focusing on the food delivery sector, aggregating orders from popular food-ordering apps like DoorDash, GrubHub, Uber Eats, and Postmates. It introduced the BUY token as a utility coin to reward participating restaurants based on their order fulfillment.

What's next for Buying.com?

Looking ahead, Buying.com plans to expand the use of the BUY token beyond loyalty rewards. The token will be accepted for placing orders, paying delivery personnel, and providing rewards to both restaurants and end-users. Additionally, the platform is developing "premium benefits" such as priority deliveries, access to top-rated drivers, and cashbacks, based on the amount of BUY tokens staked by users and restaurants.

What can Buying.com be used for?

Buying.com can be used by restaurants and food-delivery businesses to access a decentralized delivery network, reducing costs and expanding their geographical reach. The platform aggregates orders from multiple food-ordering apps and rewards restaurants with BUY tokens based on their order fulfillment and reputation scores. Users can also utilize the BUY token for placing orders, paying for deliveries, and earning rewards. In the future, the token will enable premium benefits like priority deliveries and cashbacks.

Where can you buy Buying.com?

BUY tokens can be traded on centralized crypto exchanges and decentralized exchanges. The most popular exchange to buy and trade Buying.com is Gate, where the most active trading pair BUY/USDT has a trading volume of $7,739.02 in the last 24 hours.

What is the daily trading volume of Buying.com (BUY)?

The trading volume of Buying.com (BUY) is $7,727.02 in the last 24 hours, representing a 1.00% increase from one day ago and signalling a recent rise in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for Buying.com (BUY)?

Buying.com (BUY) reached an all-time high of $0.1065 and an all-time low of $0.0₉1428. It’s now trading -95.80% below that peak and 3,165,793,016.00% above its lowest price.

What is the market cap of Buying.com (BUY)?

Market capitalization of Buying.com (BUY) is $2,955,826 and is ranked #2110 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of BUY tokens (650 Million tokens are tradable on the market today).

What is the fully diluted valuation of Buying.com (BUY)?

The fully diluted valuation (FDV) of Buying.com (BUY) is $4,459,400. This is a statistical representation of the maximum market cap, assuming the maximum number of 1 Billion BUY tokens are in circulation today. Depending on how the emission schedule of BUY tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of Buying.com compare against its peers?

With a price decline of -1.50% in the last 7 days, Buying.com (BUY) is underperforming the global cryptocurrency market which is up 9.40%, while underperforming when compared to similar Retail cryptocurrencies which are up 6.30%.