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BABB

BABB

BAX
#1254
$0.0₅3774Down 8.62 percent($0.00)

Key Stats

Market Cap$377.49KDown 8.62 percent
Volume (24h)$54.80K
Fully Diluted Value$377.49K
Vol/Mkt Cap (24h)14.52%
Total Supply100.00B BAX
Max Supply100.00B BAX
Launch Date2022-05-12
Built OnETH
Token StandardERC20
Smart Contract Address0xf920…c135
Decimal Places18

BABB Information

Websites
getbabb.comWhitepaper
Industries
DeFi

BABB Price Converter

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InstrumentExchangeBenchmark DataPrice24h Change
BABBUSDT logo
BAX-USDT
BAXUSDT
mexc logomexc
C
0.0₅3776USDT
-8.66%

BABB Supported Platforms

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Trading AsToken StandardBuilt OnSmart Contract AddressLaunch Date
BAXERC20ETH0xf920e4F3FBEF5B3aD0A25017514B769bDc4Ac1352022-05-12
BAXV1ERC20ETH0x9a0242b7a33dacbe40edb927834f96eb39f8fbcb2018-02-05

About BABB

The BAX token, an ERC-20 utility token, powers the BABB platform, a decentralized bank catering to the microeconomy. It offers UK bank accounts via a smartphone app, backed by blockchain tech. Partnerships with central banks enable global digital currency integration, boosting local economies. BABB's mission is to bank the unbanked, using blockchain for secure, cost-effective banking. BAX serves various purposes, including transaction fees and staking for validator nodes. Founded in 2016 by Rushd Averroës, a financial inclusion specialist with an MA from the University of Greenwich.

Frequently Asked Questions

BABB, standing for Bank Account Based Blockchain, is a trailblazing platform that merges the worlds of decentralized cryptocurrency, backed stable-coins, and regulated fiat money. Operating with the BAX token, an ERC-20 cryptocurrency, BABB facilitates its services across various geographies and jurisdictions. The platform is recognized for its adherence to regulatory standards, being registered with the UK Financial Conduct Authority (FCA) under the Money Laundering, Terrorist Financing and Transfer of Funds Regulations. This innovative approach underlines BABB’s commitment to offering a fair, convenient, affordable, and inclusive financial experience.

Bridging Financial Gaps with Hybrid Money Accounts BABB’s core mission is to democratize access to financial services for the unbanked and underbanked around the world. The platform introduces Hybrid Money Accounts, allowing users to seamlessly manage fiat money, stablecoins, and cryptocurrencies on a unified platform. This integration signifies BABB’s dedication to providing accessible, versatile financial solutions to a global audience.

The Role of BAX Token The BAX token is central to the BABB ecosystem, enabling the operation of its diverse services. As the primary transactional medium, it supports various activities within the platform, emphasizing its utility and importance in driving BABB’s operations.

BABB was established in 2018 by Rushd Averroës, a financial inclusion specialist with a Master's degree in Microfinance and Financial Inclusion from the University of Greenwich. Averroës’ vision and expertise in financial accessibility are at the heart of BABB’s innovative approach to banking, aiming to create a more inclusive financial world.