Introduction to Bytom (BTM)
Bytom (BTM) is a blockchain platform designed to bridge the gap between digital and physical assets. It enables seamless interaction between traditional assets and blockchain technology, fostering innovation in decentralized finance (DeFi) and real-world asset tokenization.
Key Features of Bytom
- Asset Tokenization: Facilitates the representation of physical assets on the blockchain.
- Proof-of-Stake (PoS) Consensus: Ensures energy efficiency and network security.
- Polygon Ecosystem Integration: Part of the Polygon ecosystem, enhancing scalability and interoperability.
Current Bytom (BTM) Price and Market Data
- Current Price: $0.000394
- 24h Trading Volume: [Data varies; check live updates]
- Market Cap Rank: #591
- All-Time High (ATH): $1.17 (April 23, 2018)
- All-Time Low (ATL): $0.000393 (Recent data)
Price Performance
- 24h Change: 0.00%
- 7d Change: 0.00%
- 30d Change: -14.33%
- 1-Year Change: -95.59%
Where to Buy Bytom (BTM)
Bytom is available on several cryptocurrency exchanges, including:
- Bibox (Visit Bibox)
👉 Explore more exchanges for BTM trading
Bytom (BTM) Investment FAQs
1. What is Bytom (BTM)?
Bytom is a blockchain platform focused on asset tokenization, enabling the digitization of real-world assets for DeFi applications.
2. How does Bytom's PoS consensus work?
Bytom uses Proof-of-Stake (PoS) to validate transactions, ensuring energy efficiency and reducing environmental impact compared to Proof-of-Work (PoW).
3. Is Bytom a good long-term investment?
Investment decisions should be based on thorough research. Bytom's integration with Polygon and focus on asset tokenization presents potential, but market volatility requires cautious evaluation.
4. Can Bytom be mined?
No, Bytom uses PoS, so it cannot be mined. Users can stake BTM tokens to earn rewards.
5. What was Bytom's highest price?
Bytom reached its all-time high of $1.17 on April 23, 2018.
Conclusion
Bytom (BTM) offers a unique proposition in the blockchain space with its focus on asset tokenization and PoS consensus. While its price has seen significant fluctuations, its technological foundation and ecosystem partnerships provide a compelling case for future growth.