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What is Beldex (BDX)?

Beldex basic info

Name:Beldex
Ticker:
Introduction:

What Is Beldex (BDX)?

Beldex is a decentralized ecosystem of privacy-first dApps that prioritize user privacy. The idea for the project was conceptualized back in 2017, with the ICO being announced in the spring of 2018 and the exchange being launched by the end of 2019. Beldex remains dedicated to improving online privacy, with BDX serving as a privacy coin and utility token.

What Is The Mission of Beldex (BDX)?

Beldex is dedicated to creating a secure and private environment for exchanging data. The project prioritizes individual safety and true privacy by conducting systematic research to ensure the privacy of each transaction. The safety of users and the security of their funds are of utmost importance. BDX is the privacy coin and utility token that operates on the Beldex decentralized blockchain, offering secure and anonymous peer-to-peer (P2P) transactions. The ecosystem supports a variety of secure and confidential dApps, including BChat, BelNet, Beldex Browser, the Beldex privacy protocol, and the Beldex bridge. Initially developed on a PoW architecture, Beldex integrated PoS to enhance the scalability of the BDX token, lower fees, and reduce transaction times.

Who Are the Founders of Beldex?

Beldex International, led by the experienced investor and crypto economist Afanddy B. Hushni, launched in March 2018. Kim, the CEO of Beldex, has extensive knowledge in privacy systems and cryptographic protocols. The project's core team includes Codeman-Crypto (cc) as the CTO of Beldex, Ziau as the CMO of Beldex, and Sanada Yukimura as the blockchain architect at Beldex.

What Makes Beldex (BDX) Unique?

Beldex offers solutions to the privacy and anonymity issues in the crypto industry through its advanced features. The RingCT protocol ensures transaction confidentiality, disguising sender and recipient addresses and transaction details, including the transfer amount. With ring signatures and the hashing algorithm, CryptoNight, network transactions are highly untraceable.

To validate transactions on the proof-of-stake (PoS) Beldex blockchain and launch a masternode, a user must possess 10,000 BDX. By meeting this requirement, a user gains the ability to stake BDX and verify transactions.

The ecosystem of Beldex also supports cross-chain anonymity and interoperability through the Beldex bridge, which is already integrated with BNB Smart Chain.

In order to control inflation of the BDX token, Beldex employs a coin burn mechanism, which also involves Flash transactions carried out on the second layer of the blockchain. Beldex offers its users a range of dApps that prioritize confidentiality, decentralized products such as the anonymous private messenger BChat, the private P2P VPN BelNet, and the private Beldex Browser.

How Is the Beldex Network Secured?

Beldex is a privacy-focused ecosystem that comes equipped with advanced security features to safeguard users. Its technology ensures that transactions, addresses, data transfers, messages, and online activities remain anonymous.

BDX is a fork of Monero (XMR) that integrates PrivateSend from Dash (DASH), ViewKey from Zcash (ZEC), and proprietary privacy technology. In December 2021, Beldex migrated from Proof-of-Work (PoW) to Proof-of-Stake (PoS) to resolve scalability issues.

Currently, Beldex uses the CryptoNight algorithm (developed within the CryptoNote protocol) and has masternodes that play an essential role in enhancing functionality and scaling. Masternodes store copies of the blockchain, validate transactions, and ensure network security. As the number of masternodes increases, so does the reliability of Beldex.

Beldex (BDX) Price Prediction

It is predicted that Beldex's value will rise to $0.11 by the end of 2025, with an increase of 232.86%. The prevailing technical indicators suggest a bearish sentiment, with the Fear Greed Index at 16.42, indicating extreme fear.

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Current price:
All-time high:$0.1716
All-time low:$0.01460

BDX supply and tokenomics

Circulating supply:6,912,222,700 BDX
Total supply:9,930,242,704.69 BDX
Max supply:0 BDX
Market cap:$532.60M
Fully diluted market cap:$765.14M

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What is the development prospect and future value of BDX?

The market value of BDX currently stands at $532.60M, and its market ranking is #209. The value of BDX is not widely recognized by the market. When the bull market comes, the market value of BDX may have great growth potential.

As a new type of currency with innovative technology and unique use cases, BDX has broad market potential and significant room for development. The distinctiveness and appeal of BDX may attract the interest of specific groups, thereby driving up its market value.

What will the price of BDX be in 2025?
Based on BDX's historical price performance prediction model, the price of BDX is projected to reach $0.1188 in 2025.
What will the price of BDX be in 2030?
In 2030, the BDX price is expected to change by -11.00%. By the end of 2030, the BDX price is projected to reach $0.1454, with a cumulative ROI of +86.70%.
Reminder: Just like all cryptocurrency investments, investors must closely monitor the market performance of BDX and be aware of the associated risks. The world of cryptocurrencies is full of uncertainties, so thorough research and preparation are essential.

Is BDX worth investing or holding? How to buy BDX from a crypto exchange?

If you want to buy BDX, the following information may be helpful for your investment decisions:
In the last 7 days, the price of BDX has fallen by -2.15%, leading to negative returns for most BDX investors. The market is currently pessimistic about the price trend of BDX.
It is important to note that the current price of BDX has retreated by -55.09% from its all-time high. This coin is currently considered medium-risk, and its price may rebound or continue to fall.
Additionally, it's important to understand that each coin has its own optimal times for buying and selling. The optimal time to invest is dynamic: when a coin is undervalued, it's wise to adopt a buying strategy; when it becomes overvalued, you should decisively sell the coin.
To decide whether BDX is worth investing in, you need to consider various market factors such as the overall trend of the cryptocurrency market, the project's fundamentals, its current market valuation, and whether the current price is suitable for buying. If the project's fundamentals suddenly change or the price becomes excessively high, you should adjust your investment strategy and trading operations accordingly.
Your investment decisions should be based on your own risk tolerance, financial status, market analysis and research, especially the timing of your investments. Correct timing can ensure more reliable returns. Keep in mind that investing in BDX or any cryptocurrency comes with certain risks and uncertainties.
Regardless of your outlook on the development prospects and future trends of BDX, if you want to buy or sell BDX, you can consider Bitget for your trading needs. The best place to buy BDX is an exchange that offers hassle-free and secure transactions, combined with a user-friendly interface and high liquidity. Every day, millions of users choose Bitget as their trusted platform for crypto purchases.
Investing in Beldex has never been easier. Simply sign up on Bitget, complete the identity verification process, and make payments using bank transfers, debit cards, or credit cards, all while ensuring security through crypto wallets. This is a widely adopted method to buy Beldex. Here's a step-by-step guide on how to buy Beldex on Bitget.

How to get Beldex through other methods?

Using cash to buy Beldex is not the only way to obtain Beldex. If you have the time to spare, you can get Beldex for free.
Learn how to earn Beldex for free through the Learn2Earn promotion.
Earn free Beldex by inviting friends to join Bitget's Assist2Earn promotion.
Receive free Beldex airdrops by joining ongoing challenges and promotions.
All crypto airdrops and rewards can be converted to Beldex through Bitget Convert, Bitget Swap, or spot trading.

What is Beldex used for and how to use Beldex?

The use case of Beldex may expand as the crypto market and the project itself develop. Currently, you can use BDX to achieve the following goals:
Arbitrage by trading BDX: Since BDX is a frequently traded cryptocurrency, the price of BDX is always fluctuating. Earn more BDX by buying low and selling high on the exchange. Bitget spot market provides a variety of BDX trading pairs to fully meet your needs.
Earn by staking BDX: You can also generate income through financial management methods such as staking BDX or lending BDX. Bitget Earn offers a variety of financial products designed to help you earn more income from your BDX.
Send or pay BDX: If you want to give BDX to your friends, a charity, or a fundraiser, or you want to pay someone with BDX, you can quickly and easily send BDX to the recipient through their payment address.
You can also go to the official website of the Beldex project to learn more about the use cases of BDX. For example, find out if the project supports the use of within its community or ecology, or if the project allows you to purchase physical or virtual products in .

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