Ribbon Finance 1-Day Volume Reaches $5.22 Million (RBN)

Ribbon Finance (RBN) traded 6.5% higher against the U.S. dollar during the one day period ending at 23:00 PM E.T. on April 28th. One Ribbon Finance token can now be bought for $1.17 or 0.00001863 BTC on cryptocurrency exchanges. Ribbon Finance has a total market cap of $392.29 million and $5.22 million worth of Ribbon Finance was traded on exchanges in the last day. Over the last week, Ribbon Finance has traded down 0.8% against the U.S. dollar.

Here’s how similar cryptocurrencies have performed over the last day:

  • KILT Protocol (KILT) traded up 7.5% against the dollar and now trades at $0.31 or 0.00000495 BTC.
  • Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
  • CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
  • Kitty Inu (KITTY) traded up 1.9% against the dollar and now trades at $95.84 or 0.00338062 BTC.
  • Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
  • Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 BTC.
  • BitcoinBR (BTCBR) traded up 65,178,751.3% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
  • Lumi Credits (LUMI) traded 1.1% higher against the dollar and now trades at $0.0097 or 0.00000015 BTC.

Ribbon Finance Profile

Ribbon Finance launched on May 24th, 2021. Ribbon Finance’s total supply is 1,000,000,000 tokens and its circulating supply is 336,479,659 tokens. The official message board for Ribbon Finance is ribbonfinance.medium.com. Ribbon Finance’s official Twitter account is @ribbonfinance and its Facebook page is accessible here. The official website for Ribbon Finance is www.ribbon.finance.

According to CryptoCompare, “Ribbon Finance is a DeFi protocol that offers access to structured crypto products such as options, futures, and fixed income to improve a portfolio’s risk-return profile. RBN is the governance token of Ribbon Finance, used to steward the development of the protocol, align incentives between stakeholders, and unite all Ribbon products under a single umbrella.”

Buying and Selling Ribbon Finance

It is usually not possible to purchase alternative cryptocurrencies such as Ribbon Finance directly using U.S. dollars. Investors seeking to trade Ribbon Finance should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, GDAX or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Ribbon Finance using one of the exchanges listed above.

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