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    Cryptocurrencies Bitforex
    USD
    $0.00168582 $ 0.00168582
    +¥5204,24 1.5% 1D
    1D 1M 1Y ALL
    Updated:
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    Market Cap (USD)
    --
    24H Volume
    735.15K
    Circulating Supply
    --
    Max Supply
    --
    All Time High
    0.0838156
    Rank
    --

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    • About Bitforex (BF)

      The 24 hour trading volume of Bitforex is $734,225. The all-time high price of Bitforex is $0.083815561762 on Sep 03, 2018 (about 4 years). The all-time low price of Bitforex is $0.000822493263 on Nov 04, 2020 (about 2 years). The VERSE token is issued by Bitcoin.com as the utility token for its decentralized application and cryptocurrency media ecosystem.
      Expand

    Bitforex FAQs

    • 1. What determines the price of Bitforex?
      There are two schools of thought in determining the price of Bitforex.

      By way of intrinsic value: This typically involves on-chain metrics, project metrics and financial metrics of Bitforex, collectively known as fundamental analysis. The law of supply and demand, tokenomics, use case, project roadmap as well as regulations and governance involved would affect the value of Bitforex from a long term perspective.

      By way of price action: Primarily analyzed via candlestick chart patterns and technical indicators such as MACD, RSI and the bollinger bands, technical analysis forecasts the price of Bitforex on the basis that history tends to repeat itself. As the candlestick charts are a general representation of the emotion of the market, news announcements and community sentiment can be significant price action drivers for Bitforex as well.

      HODLers tend to prefer the long term nature of fundamental analysis, whereas short term traders tend to rely on technical analysis more. In reality, both analyses may combine and create interesting scenarios for Bitforex and the cryptocurrency market as a whole.
    • 2. What is the highest price of Bitforex in history?
      Bitforex achieved the all-time high of $0.084 in 2018-09-03, and is currently trading at $0.0017.
    • 3. What is the lowest price of Bitforex in history?
      In , Bitforex reached the all-time low of $0.00082.
    • 4. Should I buy Bitforex now?
      It is important to remember that Bitforex, like all other cryptocurrencies, are subject to extreme market conditions, legal policies, project team management and other unpredictable factors. As such, cryptocurrencies fluctuate greatly and it is important to manage your own risk level. Users are advised to do your own research when making investment decisions in the crypto market.

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