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IBS/INR: Convert IBStoken (IBS) to Indian Rupee (INR)

1 IBStoken equals ₹0.0918 Indian Rupee

IBStoken (IBS) is not tradable on Coinbase.

Data is sourced from CoinMarketCap, CoinGecko and other third parties. We make no representation on the accuracy of the data provided. Learn more

Last update: 8:08 PM, October 5, 2024

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Overview

About IBStoken (IBS)

IBStoken (IBS) is a multi-purpose community token that is part of the International Blockchain Service and Academy (IBSA) ecosystem. Launched on February 19, 2020, IBS is a digital asset that operates on the Binance Smart Chain (BEP-20) and Polygon (Matic) platforms. It is designed to provide benefits and access to opportunities in the digital asset space. IBS aims to make blockchain technology more accessible and understandable to the average person, regardless of their technical ability. It is required for all products and services offered within the IBSA ecosystem. The token is designed to be used worldwide, offering multiple incentives to encourage the use of the platform, such as discounts and loyalty rewards.

IBStoken operates within the IBSA ecosystem, which aims to create an ecosystem of digital products backed by a single multi-utility token. The token is used to pay for all products and services within the ecosystem. IBSA provides cloud-based services that allow consumers to develop, use, and host their blockchain apps, functions, and smart contracts. IBSA manages the back-end services, taking care of the crucial blockchain technology artifacts and keeping them running without any downtimes. This includes hosting requirements and security protocols like distribution of resources, anti-hack layering, and bandwidth management.

IBStoken is a multi-purpose community token that can be used across a variety of digital products and applications within the IBSA ecosystem. It is designed to be a single token for multiple products and apps, making it profitable to earn rewards by creating and consuming content, learning, and communicating. The token can be used in various sectors including education, communications, fashion, and more. It also offers multiple incentives to encourage the use of the platform, such as discounts and loyalty rewards. The goal of IBSA is to create an ultimate ecosystem that provides tangible benefits to the market while requiring no technical knowledge from the end-user.

IBStoken was launched on February 19, 2020, as the native token of the International Blockchain Service and Academy (IBSA). IBSA aims to create an ecosystem of digital products backed by a single multi-utility token, IBStoken. The IBSA ecosystem targets the Blockchain service and Crypto education market of India and countries like Bangladesh, Pakistan, and Sri Lanka. The token was created to allow anyone, regardless of technical ability, to use it effectively, while also making it more accessible and understandable to the average person. The goal of IBSA is to bring blockchain technology to the masses through simple ecosystems that provide tangible benefits to the market.

How IBStoken (IBS) and Indian Rupee (INR) differ

IBStoken (IBS) and the Indian Rupee (INR) are both forms of currency, but they operate in fundamentally different ways. IBS is a digital asset that operates on the Binance Smart Chain and Polygon platforms, part of the International Blockchain Service and Academy (IBSA) ecosystem. It aims to make blockchain technology more accessible and understandable to the average person, and is used to pay for all products and services within the IBSA ecosystem. On the other hand, the INR is a traditional, physical currency issued by the Reserve Bank of India, used for all types of transactions within India. Unlike IBS, the INR is not tied to any specific ecosystem or platform and does not offer the same kind of incentives such as discounts and loyalty rewards. Furthermore, while IBS operates on a decentralized network, the INR is regulated by a central authority. These differences highlight the unique characteristics of each currency and their respective roles in the financial landscape.

IBStoken Markets

IBStoken is falling this week.

The current price of IBStoken is ₹0.0918 per IBS. With a circulating supply of 1,078,331,516 IBS, it means that IBStoken has a total market cap of ₹98,861,129.17. The amount of IBStoken traded has risen by ₹5,177,998.36 in the last 24 hours, which is a 303.42% increase. Additionally, in the last day, ₹1,706,532.44 worth of IBS has been traded.

Market cap

$98.9M

Volume (24h)

$1.7M

Circulating supply

1.1B IBS

FAQ

How much is 1 IBStoken in INR?

Right now, 1 IBStoken is worth about ₹0.0918.

How much IBS could I buy for 1 INR?

Based on the current rate, you could get 10.89 IBS for 1 INR.

How much has the price of IBStoken changed?

IBStoken price has been declining. Since yesterday, the exchange rate of IBStoken has decreased. Since last month, the exchange rate of IBStoken has decreased. Since this time last year, the price of IBStoken has increased.

How do I calculate or convert IBS to INR?

You can use our IBS to INR calculator at the top of this page to convert any amount of IBS to INR. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 INR is equivalent to 54.46 IBS. Inversely, 5 IBS will cost about ₹0.46

How can I buy 1 IBStoken on Coinbase?

IBStoken can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy IBStoken.

What are assets similar to IBStoken that I can buy?

There are a number of crypto assets that have the a similar or comparable market cap to IBStoken, including Kaizen Finance, 0xBitcoin, and Effect AI. For a more robust list of assets to explore, jump to the asset page dedicated to IBStoken.

Conversion tables

The exchange rate of IBStoken is decreasing.

The current value of 1 IBS is ₹0.09 INR. In other words, to buy 5 IBStoken, it would cost you ₹0.46 INR. Inversely, ₹1.00 INR would allow you to trade for 10.89 IBS while ₹50.00 INR would convert to 544.64 IBS, not including platform or gas fees.

In the last 7 days, the exchange rate has increased by 15.99%. Meanwhile, in the last 24 hours, the rate has changed by 11.8%, which means that the the highest exchange rate of 1 IBS to Indian Rupee was 0.0012499131686951 INR and the lowest 24 hour value was 1 IBS for 0.001090754390691 INR. This time last month, the value of 1 IBS was ₹0.11 INR, which is a 17.03% increase from where it is now. Looking back a year, IBStoken has changed by -₹0.01 INR.

IBS to INR

Amount
Today at 8:08 pm
0.5 IBS
₹0.0459
1 IBS
₹0.0918
5 IBS
₹0.4590
10 IBS
₹0.9180
50 IBS
₹4.5902
100 IBS
₹9.1804
500 IBS
₹45.9018
1,000 IBS
₹91.8036

INR to IBS

Amount
Today at 8:08 pm
0.5 INR
5.45 IBS
1 INR
10.89 IBS
5 INR
54.46 IBS
10 INR
108.93 IBS
50 INR
544.64 IBS
100 INR
1,089.28 IBS
500 INR
5,446.41 IBS
1,000 INR
10,892.82 IBS

Today vs. 24 hours ago

Amount
Today at 8:08 pm
24 hours ago
24H Change
0.5 IBS
₹0.0459
₹0.0520
-11.80%
1 IBS
₹0.0918
₹0.10
-11.80%
5 IBS
₹0.46
₹0.52
-11.80%
10 IBS
₹0.92
₹1.04
-11.80%
50 IBS
₹4.59
₹5.20
-11.80%
100 IBS
₹9.18
₹10.41
-11.80%
500 IBS
₹45.90
₹52.04
-11.80%
1,000 IBS
₹91.80
₹104.09
-11.80%

Today vs. 1 month ago

Amount
Today at 8:08 pm
1 months ago
1M Change
0.5 IBS
₹0.0459
₹0.0553
-17.03%
1 IBS
₹0.0918
₹0.11
-17.03%
5 IBS
₹0.46
₹0.55
-17.03%
10 IBS
₹0.92
₹1.11
-17.03%
50 IBS
₹4.59
₹5.53
-17.03%
100 IBS
₹9.18
₹11.06
-17.03%
500 IBS
₹45.90
₹55.32
-17.03%
1,000 IBS
₹91.80
₹110.65
-17.03%

Today vs. 1 year ago

Amount
Today at 8:08 pm
1 year ago
1Y Change
0.5 IBS
₹0.0459
₹0.0421
+9.07%
1 IBS
₹0.0918
₹0.0842
+9.07%
5 IBS
₹0.46
₹0.42
+9.07%
10 IBS
₹0.92
₹0.84
+9.07%
50 IBS
₹4.59
₹4.21
+9.07%
100 IBS
₹9.18
₹8.42
+9.07%
500 IBS
₹45.90
₹42.08
+9.07%
1,000 IBS
₹91.80
₹84.17
+9.07%

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