The guide shares details about the BFC token and the live Bfc Token to PHP value for the investors.
A new multichain middleware platform has been launched to allow the application developers to use different blockchain protocols seamlessly and simultaneously. It is referred to as Bifrost with the ticker symbol BFC.
However, there are two more tokens in the Crypto world with the same ticker symbol BFC, Block Farm Club and Bitcoin Free Cash. But, we are discussing the Multichain Middleware protocol, Bifrost, which has the same ticker BFC.
The platform is getting popular amongst the developers in the Philippines, and they want to the live Bfc Token to PHP price before investing.
What is Bfc Token?
Bfc Token or BFC token is the official digital currency of Bifrost’s multichain ecosystem. Bifrost is the multi-chain middleware platform designed for developers who want to create Decentralized Apps or DApps on the leading protocols.
Developers are required to pay BFC to use the protocol for developing and operating the DApps. It helps reduce the overall cost of using multiple blockchain protocols by giving one single platform with all functions and features.
Users are required to stake BFC in their account, and the fees get dedicated automatically from it. So, developers in the Philippines are attracted to this platform and want to know the live Bfc Token to PHP value before investing.
Who are the Founders of BFC?
After evaluating the official website, we found the CEO, CMO, Founder, and CTO details. The platform was launched on 14th March 2016. Dohyun Pak serves as the Co-Founder and CEO of the platform.
Jonghyup Lee is the CO-Founder and CTO of the organization, Changhyun Yoo is the COO and Co-Founder, and Soso is the CMO serving in the company. In addition, you can visit the platform’s official website to access the name of other team members backing the project.
BFC Market Analysis, Statistics and Supply
Before knowing the current Bfc Token to PHP value, let us check out the live market statistics of the token.
The live market price of the token as per coinmarketcap.com is $0.275727, and it has declined by 1.20% in the last 24 hours. The trading volume of the token in the last 24 hours is $17 301 333. Thus, there is a real-time decline in the volume by 0.91% in the last 24 hrs.
The market ranking is #270 based on the live market capitalization of $232 833 176. The fully diluted market cap of the token is $1 094 244 528.
The total circulating supply of the token is 844 434 685 BFC, and there is no data on the maximum circulating supply.
What is the Bfc Token to PHP Value?
As per coingecko.com, the live value of BFC in Filipino Peso is 13.97 PHP. The PHP value of BFC has increased by 0.4% in the last 24 hours. However, the monthly trajectory of BFC has reduced by 16.5% in the last 30 days.
So, before investing in the BFC token, ensure to check the live PHP value as it is subject to change with market fluctuation.
How to Buy BFC Token?
- Sign-up with any virtual wallet and add funds into your wallet
- Link the wallet to your desired exchange and transfer fiat currency to exchange for ETH
- Enter the contract address (0x0c7D5ae016f806603CB1782bEa29AC69471CAb9c) to find the token
- Check the live Bfc Token to PHP value
- Enter the number of tokens you want to buy
- Set a slippage and trade BFC for ETH
- Hold the BFC token into your secured wallet to use for payment on the Bifrost ecosystem
FAQs
Q1. What is the Official Link?
A1. https://thebifrost.io/ is the official site of BFC.
Q2. What is the BFC Contract Address?
A2. 0x0c7D5ae016f806603CB1782bEa29AC69471CAb9c is the BFC contract address.
Conclusion
If you are a developer planning to use the Bifrost protocol for the development process, ensure sufficient BFC token to make payment against the fee. However, check the Bfc Token to PHP value before investing. Besides, learn about the Best Apps to Buy Cryptocurrency in 2021 to avoid online scams.
Are you using the Bifrost protocol for DApps development? Then, please share your experience in the comments section.