Belcoin (BEL) is a cryptocurrency that was launched in 2017 as a decentralized currency for the beauty and wellness industry. It was created to enable smooth and secure transactions for beauty and wellness products and services globally. The BEL coin operates on the blockchain platform using a proof-of-work (PoW) algorithm to secure its network and validate transactions.
One of the unique features of the Belcoin is that it is designed to integrate with existing beauty and wellness industry software, and merchants can use the coin to receive payment for their online stores. Belcoin aims to become a preferred payment method by beauty and wellness product consumers, individuals, and businesses.
The maximum supply of BEL coins is set at 50,000,000 BEL, with circulating supply being just over 35,000,000 coins. The BEL coin can be traded on several cryptocurrency exchanges such as Crex24, Bithoven, and STEX.
Belcoin has seen its fair share of volatility in price history, reaching an all-time high of $2.62 in January 2018, and an all-time low of $0.0087 in March 2020. Currently, BEL coin is valued at around $0.14.
Overall, Belcoin provides an innovative solution tailored to meet the specific needs of the beauty and wellness industry, and it remains to be seen how it will perform in the highly competitive crypto market.
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