Ribbon Finance (RBN) Reaches One Day Trading Volume of $1.73 Million

Ribbon Finance (RBN) traded up 8.9% against the dollar during the one day period ending at 23:00 PM E.T. on June 30th. Over the last week, Ribbon Finance has traded 12.9% higher against the dollar. Ribbon Finance has a total market cap of $82.66 million and approximately $1.73 million worth of Ribbon Finance was traded on exchanges in the last 24 hours. One Ribbon Finance token can now be bought for approximately $0.52 or 0.00000819 BTC on major cryptocurrency exchanges.

Here’s how other cryptocurrencies have performed over the last 24 hours:

• KILT Protocol (KILT) traded up 3.2% against the dollar and now trades at $0.21 or 0.00000327 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 up 1.9% against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 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 up 0.1% against the dollar and now trades at $0.0115 or 0.00000018 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 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 159,409,552 tokens. The official website for Ribbon Finance is www.ribbon.finance. Ribbon Finance’s official message board 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 presently possible to purchase alternative cryptocurrencies such as Ribbon Finance directly using U.S. dollars. Investors seeking to trade Ribbon Finance should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Coinbase or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Ribbon Finance using one of the aforementioned exchanges.

RBN/USD price chart by TradingView