BitBay allows Internet users to trade online simply, anonymously and securely, managing their own decentralized markets. This results in savings for sellers and buyers, eliminating middlemen. Products and services can be listed for free and traded through smart contracts.
BAY price in November 2017
BAY was at an initial price of INR 2.93 on 15 November 2017 and then its price spiked to INR 3.25 on 30 November 2017.
BAY price in December 2017
BAY was at an initial price of INR 4.41 on 1 December 2017 and then its price spiked to INR 11.88 on 31 December 2017.
BAY price in January 2018
BAY was at an initial price of INR 12.09 on 1 January 2018 and then leaped down to INR 7.03 on 31 January 2018.
BAY price in February 2018
BAY was at an initial price of INR 5.64 on 2 February 2018 and then it was seen trading at INR 5.11 on 28 February 2018.
About BitBay (BAY):
BitBay offers functionality and a portfolio of markets like Amazon, Alibaba, Freelancer, Odesk and eBay, which use their own currency (BitBay also called Bay). sers can not only buy and sell goods, but they can trade anything, enter into tamper-proof agreements, hire people, buy and sell coins for cash from one peer to another, without any intermediary or fees, directly within free software. The BitBay currency uses the Proof of Issue consensus. The interest rate is 1% per year. A block is mined every 64 seconds. If the market starts to fall, coin holders can vote to freeze part of the total supply in order to weaken the selling pressure in the market. Once the vote executes a new ratio of frozen coins, the network adjusts this ratio proportionally to all addresses on the blockchain.