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HomeCOINSWhat Is BofB (BOFB)? Complete Guide Review About BofB.

What Is BofB (BOFB)? Complete Guide Review About BofB.

What Is BofB (BOFB)?

BofB is creating immediate and powerful solutions to banking, trading, business and services in general and remittances just to name a few while it continues to transform many other industries for the better. Adoption of the Metaverse will be the breaking point where crypto will start making much more sense than ever.

Banking has never been easy but crypto will transform how banks conduct banking. Domestic and international remittances are becoming more agile with crypto. Trading with crypto is now 24/7/365 as opposed to stocks which are from M to F from 930 to 430 EST. BofB is the NYSE’s biggest threat. What is happening with Casinos in Vegas will have to “Stay in Vegas” because crypto is taking over the world one industry at a time, and Casinos are not any exception.

BofB is a cryptocurrency platform to trade bitcoin and a very few other top-performing altcoins such as Solana and Ether among others. In terms of crypto, there are essentially two different types of exchanges. The first ones that are centralized and deal with fiat and crypto; and the second ones that are decentralized, and operate purely in crypto, but do not deal with fiat at all. It is from both models that will primarily focus on, the centralized model, but envisioned.

BofB Storage Key Points

Coin BasicInformation
Coin NameBofB
Short NameBOFB
Circulating SupplyN/A
Total Supply21,000,000,000
Source CodeClick Here To View Source Code
ExplorersClick Here To View Explorers
Twitter PageClick Here To Visit Twitter Group
WhitepaperClick Here To View
Support24/7
Official Project WebsiteClick Here To Visit Project Website

Adding liquidity

To provide liquidity, you’ll need to commit an amount of any token pair you like. Your lowest value (in USD) of the two tokens will be the limit to the liquidity you can provide. You can easily trade for any tokens you need. Visit your How to Trade on PancakeSwap guide if you need to. In this example, BofB will add liquidity using BNB and CAKE. For the top Input, click ‘Select a currency’. Then choose one of the token in the liquidity pair you want to add liquidity to. Here, are gong to use BNB as an example.

For the top Input, click ‘Select a currency’. Then choose one of the token in the liquidity pair you want to add liquidity to. Here, they are gong to use BNB as an example. Enter an amount on one of the tokens under “Input”. BofB The other should be calculated and filled automatically. You will see an error and the button being greyed out. Click the Enable CAKE button. If you are adding liquidity against tokens other than BNB, you might need to click enable twice for each token in your pair. Your wallet will ask you to confirm the action.

How do I set slippage while using limit orders?

BofB Slippage is not relevant in limit orders. You specify input amount (e.g. 1000 CAKE) and output amount (e.g. 20 BNB), Limit orders guarantee that you will receive no less than the specified output amount (20 BNB) for your input amount (1000 CAKE) if the price for the pair reaches the desired price. Note that tokens with fee on transfer should not be used with limit orders (read above).

The real execution price shows “never executes”. What’s this?

It basically means that you’re trying to swap a very small amount of tokens therefore there are not enough tokens to be accounted for the gas fee. In general, you need to increase the amount of the “input” field to get rid of this error. BofB Open orders will remain open indefinitely until they get executed or being cancelled by users. A customizable expiration date feature is planned for the near future.

Actual execution price

Limit orders allow you to get your swaps at desired prices by leaving instructions to fill buy or sell orders at specific prices. The trade will only be executed if the price on BofB reaches your limit price (or better). Limit orders are executed when they reach their desired price, however, due to gas fluctuations, the actual execution price might vary from the price you specified on the interface. Usually, the execution price and the desired price should be almost identical, however, if you submitted a particularly small order (~<1000$) the execution price might be slightly higher to account for fees.

Roadmap

Q1; – January 8th, 2010

Sebs, the founder of BofB discovers Bitcoin.

Q2; – January 8th, 2013

Sebs acquires BofB.com, BankOfBitcoin.com & BofB.io

Q3; – January 8th, 2020

BofB LLC was formed in Saint Vincent & The Grenadines in The Caribbean Islands

Q4; – November 25th, 2021

BofB coin was created on the Solana network

Nile
Nile
Nile Is Very Old Author At Wootfi Blog . We Loves To Write About Altcoin , ICO & Defi . In Free Time He Loves To Play Football .