Bitfinity Network

Currency:

Price

0.00 USD

Today +/-

+0,00 USD

Today %

+null %

24h Volume

$626.4K

Fully Diluted Valuation

$413.0K

24h Range

$0.0004130

All-Time Range

$0.0234

$3.27

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
SpireX	BTF/USDT	0.01	6.48	76.48	1.48 M	0.11	cex	1	4/8/2025, 6:35 AM
Zedxion Exchange	BTF/USDT	0.01	2.06	274.9	1.48 M	0.1	cex	1	4/8/2025, 6:35 AM
TNNS PROX	BTF/USDT	0.01	2.06	274.9	1.48 M	0.12	cex	1	4/8/2025, 6:36 AM
ZKE	BTF/USDT	0.01	2.06	85.99	1.48 M	0.11	cex	1	4/8/2025, 6:35 AM
Koinbay	BTF/USDT	0.01	2.06	274.5	1.47 M	0.13	cex	2	4/8/2025, 6:33 AM
HTX	BTF/USDT	0	13.01	192.73	887,094.09	0.05	cex	1	7/9/2025, 6:23 AM
Gate	BTF/USDT	0	1,238.94	556.17	86,915.86	0	cex	150	7/9/2025, 6:23 AM
MEXC	BTF/USDT	0	664.79	123.2	19,264.81	0	cex	113	6/13/2025, 2:30 PM
Bitrue	BTF/USDT	0	85.95	143.59	3,424.79	0	cex	48	7/9/2025, 6:18 AM
KuCoin	BTF/USDT	0	695.15	763.17	1,827.67	0	cex	141	7/9/2025, 6:23 AM

Bitfinity Network FAQ

What is Bitfinity Network? Bitfinity Network is a rapidly advancing Bitcoin Layer-2 solution that introduces Ethereum-like smart contract capabilities to Bitcoin and its assets, such as Runes. This enhancement transforms the network into a more engaging, fast, and powerful system. Bitfinity improves Bitcoin's functionality by integrating Runes (fungible tokens) and Ordinals (NFTs) into an Ethereum Virtual Machine (EVM) environment. Assets are securely bridged between Bitcoin and Bitfinity via the Internet Computer’s Chain-Key Technology, employing multi-party computation (MPC) to create a fully decentralized bridge. This method removes dependence on centralized intermediaries, thereby enhancing trust and security. With transaction finality achieved in just 2-3 seconds, Bitfinity redefines Bitcoin's utility, ushering in a new era of decentralized finance on the Bitcoin platform. Bitfinity serves as the native utility token for the network, utilized for: - **Transaction fees**: Covering the costs of transactions and data storage on the network. - **Governance**: Engaging in governance votes that influence network upgrades and resource distribution. Bitfinity Network tools include: - **BitFusion SDK**: Facilitates the transfer of tokens across diverse blockchain platforms, including Bitfinity, Bitcoin, Internet Computer, and Ethereum. - **Bitfinity Wallet**: A self-custodial wallet designed for managing NFTs, tokens, and connecting to dApps. - **Bitfinity EVM**: Allows Ethereum developers to build seamlessly on Bitfinity using familiar tools like Solidity, Truffle, and Hardhat. How Many Bitfinity Coins Are There in Circulation? Bitfinity Network anticipates releasing comprehensive information about the total supply and circulating supply of its native token via its official channels. Currently, the tokenomics are under development and will be disclosed as the project advances. Who Are the Founders of Bitfinity Network? Bitfinity Network was created by Astari, a collective of seasoned blockchain professionals and visionaries. The team brings extensive experience in blockchain technology, marketing, and business strategy, propelling the development and adoption of Bitfinity Network. - **Bitcoin Layer-2 Solution**: Enhances the Bitcoin network by integrating smart contract functionality into assets bridged to Bitfinity through Chain-Key. - **EVM Compatibility**: Provides Ethereum developers the ability to develop on Bitcoin using familiar tools and programming languages. - **Chain-Key Technology**: Facilitates a fully decentralized bridge for asset transfer between Bitcoin and Bitfinity, utilizing multi-party computation (MPC) to eliminate reliance on centralized intermediaries, thereby increasing trust and security. - **Fast and Affordable**: Offers swift transaction finality (2-3 seconds) and low transaction costs, providing an efficient platform for dApps and DeFi. - **Runes and Ordinals Support**: Incorporates Runes (fungible tokens) and Ordinals (NFTs), allowing for more sophisticated asset management and tokenization on the Bitcoin network. - **Strong Ecosystem**: Bitfinity has established partnerships with over 50 projects, including decentralized exchanges (DEXs), lending platforms, prediction markets, and DeFi protocols. Where Can I Buy Bitfinity Network (Bitfinity)? Bitfinity Network’s native token is not yet accessible through major cryptocurrency exchanges. Information on acquiring the token will be shared as the project progresses and token distribution plans are finalized. However, as of Friday, October 18th, it has been confirmed that 5 of the top 12 exchanges on Eulerpool are associated. Keep an eye on updates from Bitfinity Network’s official website and social media channels. Related Pages: - Learn more about Bitfinity (BTF): https://bitfinity.network/ - Explore the socials: https://x.com/bitfinitynet?lang=en - Discover how Bitfinity enhances Bitcoin's functionality: https://www.coindesk.com/tech/2024/05/17/internet-computer-based-bitfinity-evm-launches-as-bitcoin-l2-supports-runes/ - New to cryptocurrency? Find all the information you need with Eulerpool's [crypto basics guide](https://coinmarketcap.com/alex)