BITBNS 1st exchange launched EOS RAM coin in World

in #mgsc6 years ago


BITBNS is the only exchange who launched the EOS RAM coin in India on 7th July 2018. At that time coin listed at price of 0.30 rupee and after that in next day soon it pump to 1.16 rupees such a huge pump.

What is EOS RAM?

On the EOS network, RAM is mostly used by developers to store the data used in the launching and production of decentralized applications (dApps). RAM, in this case, refers to general storage space in the EOS memory database, and can also be used to create new accounts. Users have to purchase a minimum of four kilobytes to open an account on EOS, essentially staking out a portion of the network's processing power for their own projects.

EOS RAM Price ?

On June 20, Ram RAM in the EOS network cost about 0.01 EOS per kilobyte. July 1, RAM in the EOS network cost about 0.11 EOS per kilobyte. On Jul 03, the price had doubled to 0.20 EOS/KB before blasting off to a current rate (at the time or writing) of 0.57 EOS/KB.

You can trade EOS RAM/EOS pair in Bitbns exchange which is most liked trading feature they added.

-User deposits EOS to Bitbns.

-User purchases RAM using EOS at price P1 ( P1 = price at that current time).

-Similarly, user can sell RAM for EOS at price P2 ( P2 = price at that current time).

-With this user can get more EOS, if the sell price of RAM is greater than the buy price.

-Trade will be instant at global rates

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@akki1991 did you Invested On EOS RAM?

no but i had already placed a bid at 0.20 for 5lakh coins and 0.15 for 5lakh coins