Convert and Swap Beam BEAM to United States Dollar USD
BEAM/USD: 1 Beam equals $0.0272 USD
Beam (BEAM) is not tradable on Coinbase.
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Last update: 2:47 AM, December 23, 2024
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Beam is falling this week.
The current price of Beam is $0.0272 per BEAM. With a circulating supply of 49,466,004,168 BEAM, it means that Beam has a total market cap of $1,340,268,605.08. The amount of Beam traded has fallen by $12,108,434.90 in the last 24 hours, which is a 25.06% decrease. Additionally, in the last day, $48,315,379.49 worth of BEAM has been traded.
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About Beam
Beam (BEAM) is a decentralized finance (DeFi) platform that prioritizes confidentiality. It operates on a combination of two blockchain protocols, LelantusMW and Mimblewimble, to enhance the anonymity of transactions, address balances, and user identities. Beam was launched in March 2018 with the aim of addressing privacy concerns associated with public-blockchain cryptocurrencies. The platform allows financial counterparties to conduct safe, stable, and reliable transactions, thereby eliminating the issue of user data mismanagement. Beam's blockchain was built from scratch using the C++ programming language, and it ensures that user addresses are kept confidential at all times.
Beam operates on the Mimblewimble protocol and uses the Equihash proof-of-work algorithm to secure its network. This algorithm was chosen for its ability to handle large amounts of data. Beam's blockchain supports custom transactions of various types, such as escrow, atomic swaps, and time-locked transactions. The platform ensures that user addresses are never disclosed to third parties, and users have total control over their privacy, deciding who can access their information and what they are allowed to see. Beam has a maximum supply of 262,800,000 tokens, with 81,970,000 in circulation as of February 2021.
Beam aims to provide a platform for confidential financial transactions. It seeks to eliminate the problem of user data mismanagement, thereby making the system cleaner and more secure. Beam's blockchain supports custom transactions of different types, such as escrow, atomic swaps, and time-locked transactions. This makes it a versatile platform for various financial transactions. Beam also supports the creation and transaction of confidential assets on its blockchain, making it a potential platform for private DeFi transactions and payments.
Beam was launched in March 2018 by a team led by Alexander Zaidelson, Alex Romanov, and Amir Aaronson. Zaidelson, the project’s CEO, started his career as a software developer and has advised several startup projects. Romanov, the CTO, has worked with large teams on several complex projects. Aaronson, the COO, has co-founded several technological companies. The team developed Beam to address privacy concerns associated with public-blockchain cryptocurrencies. Since its launch, Beam has been striving to increase the anonymity of transactions, address balances, and user identities.
How Beam and United States Dollar differ
Beam (BEAM) and the US Dollar (USD) are two distinct forms of currency, each with their unique characteristics. Beam, a decentralized finance platform, aims to prioritize confidentiality in financial transactions. It operates on a combination of two blockchain protocols, LelantusMW and Mimblewimble, striving to enhance the anonymity of transactions, address balances, and user identities. Unlike the US Dollar, which is a physical and centralized currency, Beam is a digital and decentralized currency, meaning it operates outside the control of any central authority. Beam's blockchain, built from scratch using the C++ programming language, ensures that user addresses are kept confidential at all times. On the other hand, the US Dollar, managed by the Federal Reserve, does not offer the same level of privacy. Beam's blockchain supports custom transactions of various types, such as escrow, atomic swaps, and time-locked transactions, while the US Dollar is used for traditional transactions. Beam has a maximum supply of 262,800,000 tokens, whereas the supply of US Dollars is regulated by the Federal Reserve based on economic conditions. Beam seeks to provide a platform for confidential financial transactions, aiming to eliminate the problem of user data mismanagement, while the US Dollar does not inherently offer these features.
Frequently asked questions
How much is 1 Beam in USD?
Right now, 1 Beam is worth about $0.0272.
How much BEAM could I buy for 1 USD?
Based on the current rate, you could get 36.73 BEAM for 1 USD.
How much has the price of Beam changed?
Beam price has been on the rise. Since yesterday, the exchange rate of Beam has increased. Since last month, the exchange rate of Beam has increased. Since this time last year, the price of Beam has increased.
How do I calculate or convert BEAM to USD?
You can use our BEAM to USD calculator at the top of this page to convert any amount of BEAM to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 183.64 BEAM. Inversely, 5 BEAM will cost about $0.14
How can I buy 1 Beam on Coinbase?
Beam can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Beam.
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BEAM to United States Dollar conversion tables
The exchange rate of Beam is increasing.
The current value of 1 BEAM is $0.03 USD. In other words, to buy 5 Beam, it would cost you $0.14 USD. Inversely, $1.00 USD would allow you to trade for 36.73 BEAM while $50.00 USD would convert to 1,836.39 BEAM, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 21.28%. Meanwhile, in the last 24 hours, the rate has changed by 1.6%, and that the the highest exchange rate of 1 BEAM to United States Dollar was $0.0282 USD and the lowest 24 hour value was 1 BEAM for $0.0261 USD. This time last month, the value of 1 BEAM was $0.02 USD, which is a 24.82% decrease from where it is now. Looking back a year, Beam has changed by $0.02 USD.
BEAM to USD performance history
Price 24H ago | Change 24H | Price 1W ago | Change 1W | Price 1M ago | Change 1M | Price 1Y ago | Change 1Y |
|---|---|---|---|---|---|---|---|
$0.0266 USD | 1.60% | $0.0342 USD | -21.28% | $0.0219 USD | 24.82% | $0.0227 USD | 20.66% |
BEAM to USD
Amount | Today at 2:47 am |
|---|---|
0.5 BEAM | $0.0136 |
1 BEAM | $0.0272 |
5 BEAM | $0.1361 |
10 BEAM | $0.2723 |
50 BEAM | $1.3614 |
100 BEAM | $2.7227 |
500 BEAM | $13.6136 |
1,000 BEAM | $27.2273 |
USD to BEAM
Amount | Today at 2:47 am |
|---|---|
0.5 USD | 18.36 BEAM |
1 USD | 36.73 BEAM |
5 USD | 183.64 BEAM |
10 USD | 367.28 BEAM |
50 USD | 1,836.39 BEAM |
100 USD | 3,672.79 BEAM |
500 USD | 18,363.93 BEAM |
1,000 USD | 36,727.86 BEAM |
Today vs. 24 hours ago
Amount | Today at 2:47 am | 24 hours ago | 24H Change |
|---|---|---|---|
0.5 BEAM | $0.0136 | $0.0133 | +2.17% |
1 BEAM | $0.0272 | $0.0266 | +2.17% |
5 BEAM | $0.14 | $0.13 | +2.17% |
10 BEAM | $0.27 | $0.27 | +2.17% |
50 BEAM | $1.36 | $1.33 | +2.17% |
100 BEAM | $2.72 | $2.66 | +2.17% |
500 BEAM | $13.61 | $13.32 | +2.17% |
1,000 BEAM | $27.23 | $26.65 | +2.17% |
Today vs. 1 month ago
Amount | Today at 2:47 am | 1 months ago | 1M Change |
|---|---|---|---|
0.5 BEAM | $0.0136 | $0.0110 | +23.76% |
1 BEAM | $0.0272 | $0.0220 | +23.76% |
5 BEAM | $0.14 | $0.11 | +23.76% |
10 BEAM | $0.27 | $0.22 | +23.76% |
50 BEAM | $1.36 | $1.10 | +23.76% |
100 BEAM | $2.72 | $2.20 | +23.76% |
500 BEAM | $13.61 | $11.00 | +23.76% |
1,000 BEAM | $27.23 | $22.00 | +23.76% |
Today vs. 1 year ago
Amount | Today at 2:47 am | 1 year ago | 1Y Change |
|---|---|---|---|
0.5 BEAM | $0.0136 | $0.0114 | +19.54% |
1 BEAM | $0.0272 | $0.0228 | +19.54% |
5 BEAM | $0.14 | $0.11 | +19.54% |
10 BEAM | $0.27 | $0.23 | +19.54% |
50 BEAM | $1.36 | $1.14 | +19.54% |
100 BEAM | $2.72 | $2.28 | +19.54% |
500 BEAM | $13.61 | $11.39 | +19.54% |
1,000 BEAM | $27.23 | $22.78 | +19.54% |
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