- #5514
Bitcoin and Ethereum Standard Token BEST
BEST Price
Market Cap
--Rank #5514FDV
$329,500.00Rank #4306Investors
X Followers
Detailed Performance
BEST shows Bullish signs against top cryptocurrencies, leading categories and blockchains over various time periods
BEST to USD Converter
Exchanges
Exchanges type
About Bitcoin and Ethereum Standard Token (BEST)
What is Bitcoin and Ethereum Standard Token?
The Bitcoin and Ethereum Standard Token (BEST) is a token that represents a certain amount of mining hashrate for Bitcoin and Ethereum. It allows users to buy and hold hashrate tokens, which are equivalent to owning a portion of the mining hashrate. By holding and staking BEST, users can earn daily rewards in the form of Bitcoin, Ethereum, and the governance token MUSK. BEST utilizes a "Dual-Coin," "Dual-Core," and "Dual-Thread" model to ensure efficiency, stability, and user-friendliness. It is part of the growing trend of hashrate tokens in the digital currency market.
What makes Bitcoin and Ethereum Standard Token unique?
Bitcoin and Ethereum Standard Tokens (BEST) are unique compared to other cryptocurrencies because they are the first projects that anchor both Bitcoin and Ethereum mining machines. By staking 1 BEST token, investors can receive dual mining rewards that are equivalent to the benefits of holding 0.01TH/s Bitcoin hashrate and 0.03MH/s Ethereum hashrate. This means that BEST provides a way for investors to participate in the mining rewards of both Bitcoin and Ethereum, which are considered the two core assets in the digital currency world. Additionally, BEST offers a higher return rate compared to holding the same asset directly, as it is equivalent to three times the return rate. Therefore, BEST combines the benefits of both Bitcoin and Ethereum mining, providing a unique opportunity for investors in the hashrate token space.
Live Bitcoin and Ethereum Standard Token Price Data
The current price of Bitcoin and Ethereum Standard Token (BEST) is approximately $0.0659, reflecting a increase of 0.52% in the last 24 hours. The BEST trading volume in the last 24 hours stands at $65.34.
For a comprehensive list of exchanges, visit our crypto exchanges page. To understand Bitcoin and Ethereum Standard Token's performance over time, consider exploring its price history and ROI. For in-depth analysis and insights on BEST, check out our crypto insights page.