Ribbon Finance Price Reaches $1.12 on Major Exchanges (RBN)

Ribbon Finance (RBN) traded 3.6% higher against the dollar during the 24 hour period ending at 15:00 PM E.T. on May 1st. One Ribbon Finance token can currently be bought for $1.12 or 0.00001967 BTC on exchanges. Over the last week, Ribbon Finance has traded down 1.2% against the dollar. Ribbon Finance has a total market capitalization of $378.29 million and approximately $8.27 million worth of Ribbon Finance was traded on exchanges in the last day.

Here is how other cryptocurrencies have performed over the last day:

• KILT Protocol (KILT) traded 0.1% higher against the dollar and now trades at $0.28 or 0.00000495 BTC.
• Aidi Finance (BSC) (AIDI) traded 2.2% lower 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 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
• BitcoinBR (BTCBR) traded 48.5% lower against the dollar and now trades at $0.0000 or 0.00000000 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.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 2.6% against the dollar and now trades at $0.0098 or 0.00000017 BTC.

Ribbon Finance Token Profile

Ribbon Finance was first traded 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 website for Ribbon Finance is www.ribbon.finance. 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.

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 buy alternative cryptocurrencies such as Ribbon Finance directly using US dollars. Investors seeking to trade Ribbon Finance should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, GDAX or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Ribbon Finance using one of the aforementioned exchanges.

RBN/USD price chart by TradingView