The edge that pays for itself.
Band (BAND) Price
Band Price
Technical Analysis
Daily indicators based on 1d candle data
Advantages of Cryptocurrency
Decentralization & Financial Freedom
Cryptocurrencies operate on decentralized networks, removing the need for intermediaries like banks. This enables peer-to-peer transactions, financial inclusion for the unbanked, and resistance to censorship or government control.
Transparency & Security
Blockchain technology provides an immutable, transparent ledger of all transactions. Cryptographic security makes it extremely difficult to counterfeit or double-spend, offering strong protection against fraud.
Global Accessibility
Anyone with an internet connection can send and receive cryptocurrency worldwide, 24/7, without geographic restrictions or banking hours. This is particularly valuable for international remittances.
Investment Potential
Cryptocurrencies have demonstrated significant long-term appreciation potential. Early investors in Bitcoin and Ethereum saw extraordinary returns, and the asset class offers portfolio diversification benefits.
Risks of Cryptocurrency
High Volatility
Cryptocurrency prices can fluctuate dramatically – often by 20–50% or more within short periods. This high volatility makes them inherently risky investments, and significant capital losses are possible.
Regulatory Uncertainty
The regulatory landscape for cryptocurrencies is still evolving globally. Sudden regulatory changes can significantly impact prices and accessibility, creating legal and compliance risks for investors and businesses.
Security Risks
Hacks, scams, and phishing attacks are prevalent in the crypto space. The irreversible nature of blockchain transactions means stolen funds are rarely recovered. Users must secure their private keys and wallets diligently.
Environmental Impact
Proof-of-Work cryptocurrencies like Bitcoin require substantial computational energy, raising environmental concerns. While the industry is transitioning toward more energy-efficient consensus mechanisms, the carbon footprint remains a significant criticism.
History of Cryptocurrency
The history of cryptocurrency begins with Bitcoin, introduced in 2009 by the pseudonymous Satoshi Nakamoto. The Bitcoin whitepaper, published in October 2008, proposed a peer-to-peer electronic cash system enabling online payments directly between parties without going through a financial institution.
Bitcoin's first recorded commercial transaction occurred in May 2010 when Laszlo Hanyecz paid 10,000 BTC for two pizzas – a transaction now celebrated annually as Bitcoin Pizza Day.
The Rise of Altcoins
Following Bitcoin's success, thousands of alternative cryptocurrencies (altcoins) emerged. Ethereum, launched in 2015 by Vitalik Buterin, introduced smart contracts – self-executing agreements coded into the blockchain – enabling decentralized applications (dApps) and decentralized finance (DeFi).
The ICO Boom and Market Crash
The years 2017–2018 saw an explosion of Initial Coin Offerings (ICOs), where new projects raised funds by selling tokens. Bitcoin reached nearly $20,000 in December 2017 before crashing dramatically in 2018, triggering a prolonged crypto winter.
Institutional Adoption
The 2020–2021 bull run saw unprecedented institutional interest, with companies like MicroStrategy and Tesla adding Bitcoin to their balance sheets. Bitcoin hit new all-time highs above $60,000. The launch of Bitcoin ETFs and growing regulatory clarity further legitimized the asset class.
DeFi, NFTs & Web3
Decentralized finance (DeFi) protocols, non-fungible tokens (NFTs), and the broader Web3 movement transformed the cryptocurrency landscape. Platforms like Uniswap, Aave, and OpenSea enabled entirely new financial and digital ownership models.
Today, the cryptocurrency market encompasses thousands of digital assets with a combined market capitalization in the trillions of dollars, representing a fundamental shift in how the world thinks about money, finance, and digital ownership.
Exchange
| Exchange | Market Pair | Price | Depth +2% | Depth -2% | Volume 24H | Volume % | Type | Liquidity Rating | Freshness |
|---|---|---|---|---|---|---|---|---|---|
| HTX | BAND/USDT | 0.58 | 705.13 | 1,109.39 | 2.73 M | 0.14 | cex | 174.00 | 7/9/2025, 6:23 AM |
| AstralX | BAND/USDT | 0.58 | 26,387.72 | 28,235.41 | 2.11 M | 0.34 | cex | 4.00 | 7/9/2025, 6:21 AM |
| Millionero | BAND/USDT | 0.71 | 282,028.25 | 350,805.59 | 855,144.50 | 0.07 | cex | 204.00 | 6/15/2025, 5:33 PM |
| Toobit | BAND/USDT | 0.58 | 107,204.02 | 103,420.35 | 616,912.83 | 0.04 | cex | 430.00 | 7/9/2025, 6:21 AM |
| Binance | BAND/USDT | 0.58 | 79,124.63 | 80,234.33 | 612,625.27 | 0.01 | cex | 540.80 | 7/9/2025, 6:23 AM |
| XXKK | BAND/USDT | 0.58 | 82,645.08 | 77,500.92 | 591,444.97 | 0.04 | cex | 16.00 | 7/9/2025, 6:21 AM |
| TruBit Pro Exchange | BAND/USDT | 0.58 | 31,528.90 | 17,595.12 | 516,161.67 | 0.13 | cex | 202.00 | 7/9/2025, 6:21 AM |
| Hotcoin | BAND/USDT | 0.59 | 3,818.36 | 4,136.35 | 508,677.34 | 0.07 | cex | 206.00 | 7/9/2025, 6:23 AM |
| Ourbit | BAND/USDT | 0.58 | 62,782.11 | 75,147.83 | 340,612.01 | 0.03 | cex | 392.00 | 7/9/2025, 6:15 AM |
| 4E | BAND/USDT | 0.58 | 80,172.38 | 84,166.37 | 303,778.03 | 0.01 | cex | 2.00 | 7/9/2025, 6:21 AM |
Band FAQ
Band Protocol functions as a cross-chain data oracle platform that acquires real-world data and delivers it to on-chain applications, while also linking APIs to smart contracts to enable the exchange of information between on-chain and off-chain data sources. By providing reliable and verifiable real-world data to blockchains, Band Protocol opens up a diverse array of new use cases for developers. This allows them to incorporate any type of real-world data into their decentralized application (DApp) logic, including information related to sports, weather, random numbers, price feeds, and more. Initially introduced as an ERC-20 project on the Ethereum blockchain in September 2019, Band Protocol transitioned to the Cosmos network in June 2020 with the deployment of Band Protocol 2.0. This updated protocol is constructed on BandChain utilizing the Cosmos SDK. Oracle nodes within BandChain are responsible not only for data relaying but also for block production and validation, thereby conferring upon them a dual role. BAND is the native token within the Band Protocol ecosystem. It is utilized as collateral by validators who process data requests and serves as the primary medium of exchange on BandChain, particularly for the payment of private data.
Band Protocol was established in 2017 by Soravis Srinawakoon, Paul Chonpimai, and Sorawit Suriyakarn. Soravis Srinawakoon, who serves as the current CEO of Band Protocol, has a background as a software engineer at Ericsson and as a management consultant at The Boston Consulting Group. Paul Chonpimai, Band Protocol's Chief Product Officer (CPO), previously worked as a web developer at Turfmapp and an engineer at Tripadvisor. Additionally, Sorawit Suriyakarn, the Chief Technology Officer (CTO) of Band Protocol, was formerly a software engineer at Dropbox and Quora and is recognized as a gold medalist competitive programmer. Beyond the founding team, the Band Protocol LinkedIn page currently lists an additional 20 employees, primarily located across Asia, comprising designers, developers, and engineers. The platform receives support from prominent global investors such as Sequoia Capital, Dunamu & Partners, Spartan Group, and Binance.
Band Protocol is engineered to be faster and more efficient than competing oracle solutions and is compatible with most blockchain and smart contract development frameworks, ensuring reliable data transmission to and from multiple blockchains. To facilitate its cross-chain data transfer, Band Protocol intends to utilize Cosmos' Inter Blockchain Communication (IBC) protocol, which is still under development. The timeline for the IBC's operational readiness remains uncertain. Band Protocol is designed to provide permissionless oracle creation, enabling anyone to initiate data request servicing. Additionally, it offers straightforward smart contract integration, allowing developers to use data from Band Protocol oracles with just a few lines of code by leveraging a predefined interface. For more information about Band Protocol, visit Eulerpool.
Band Protocol initially introduced the BAND token through an initial exchange offering (IEO) on the Binance Launchpad in September 2019. During this launch, 27.37% of the total supply was distributed across three sales rounds: seed, private, and public. The BAND token has a total supply cap of 100 million tokens. As of November 2020, just over 20% (20.49 million tokens) were in circulation. The distribution of the BAND token allocates 20% of the total supply to the team and an additional 5% to its advisors. Furthermore, 25.63% is reserved for the Band Protocol ecosystem. According to the projected emission rate, it is anticipated that 100% of the total supply will be in circulation by as early as 2025.
Originally, BAND tokens were issued following the ERC-20 standard but have recently been reintroduced as native BAND tokens on the Band Protocol mainnet, known as BandChain. Holders of the older ERC-20 tokens can execute a 1:1 swap by depositing their tokens to Binance and subsequently withdrawing them as native tokens. This process is essential for engaging in BAND staking, which is exclusively available for mainnet tokens. BandChain is constructed utilizing the Cosmos SDK and is safeguarded by a Byzantine Fault Tolerance (BFT) consensus algorithm, which provides protection against attacks. This system operates in tandem with a delegated proof of stake (dPOS) configuration, securing the network’s oracles and enabling BAND holders to gain staking rewards by delegating their stake to nodes. For further information, refer to Eulerpool.
BAND was initially tracked on public exchanges by Eulerpool in September 2019. Since its introduction, it has been listed on a variety of platforms, including several top-tier exchanges such as Binance, Coinbase Pro, and OKEx. The majority of BAND trading pairs are against Tether (USDT) and Bitcoin (BTC). However, BAND can also be traded against several fiat currencies, including GBP, USD, and EUR on Coinbase Pro. For detailed information about purchasing cryptocurrency as a beginner, refer to our comprehensive guide.
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