Convert and Swap Beam BEAM to United States Dollar USD
BEAM/USD: 1 Beam equals $0.0138 USD
Beam (BEAM) is not tradable on Coinbase.
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Last update: 8:49 AM, February 2, 2025
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Beam is falling this week.
The current price of Beam is $0.0138 per BEAM. With a circulating supply of 49,466,004,168 BEAM, it means that Beam has a total market cap of $683,004,963.46. The amount of Beam traded has risen by $30,909,835.76 in the last 24 hours, which is a 70.66% increase. Additionally, in the last day, $43,746,347.75 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.
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BEAM to United States Dollar conversion tables
The exchange rate of Beam is decreasing.
The current value of 1 BEAM is $0.01 USD. In other words, to buy 5 Beam, it would cost you $0.07 USD. Inversely, $1.00 USD would allow you to trade for 72.52 BEAM while $50.00 USD would convert to 3,625.81 BEAM, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 20.88%. Meanwhile, in the last 24 hours, the rate has changed by 11.49%, and that the the highest exchange rate of 1 BEAM to United States Dollar was $0.0155 USD and the lowest 24 hour value was 1 BEAM for $0.0132 USD. This time last month, the value of 1 BEAM was $0.03 USD, which is a 52.02% increase from where it is now. Looking back a year, Beam has changed by $0.02 USD. That means that in a single year, the value of Beam has shrank by 24.05%.
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 |
|---|---|---|---|---|---|---|---|
$0.0155 USD | -11.49% | $0.0173 USD | -20.88% | $0.0286 USD | -52.02% | $0.0176 USD | -24.05% |
BEAM to USD
Amount | Today at 8:49 am |
|---|---|
0.5 BEAM | $0.0069 |
1 BEAM | $0.0138 |
5 BEAM | $0.0690 |
10 BEAM | $0.1379 |
50 BEAM | $0.6895 |
100 BEAM | $1.3790 |
500 BEAM | $6.8950 |
1,000 BEAM | $13.7900 |
USD to BEAM
Amount | Today at 8:49 am |
|---|---|
0.5 USD | 36.26 BEAM |
1 USD | 72.52 BEAM |
5 USD | 362.58 BEAM |
10 USD | 725.16 BEAM |
50 USD | 3,625.81 BEAM |
100 USD | 7,251.62 BEAM |
500 USD | 36,258.08 BEAM |
1,000 USD | 72,516.16 BEAM |
Today vs. 24 hours ago
Amount | Today at 8:49 am | 24 hours ago | 24H Change |
|---|---|---|---|
0.5 BEAM | $0.0069 | $0.0077 | -10.77% |
1 BEAM | $0.0138 | $0.0155 | -10.77% |
5 BEAM | $0.0690 | $0.0773 | -10.77% |
10 BEAM | $0.14 | $0.15 | -10.77% |
50 BEAM | $0.69 | $0.77 | -10.77% |
100 BEAM | $1.38 | $1.55 | -10.77% |
500 BEAM | $6.90 | $7.73 | -10.77% |
1,000 BEAM | $13.79 | $15.45 | -10.77% |
Today vs. 1 month ago
Amount | Today at 8:49 am | 1 months ago | 1M Change |
|---|---|---|---|
0.5 BEAM | $0.0069 | $0.0143 | -51.71% |
1 BEAM | $0.0138 | $0.0286 | -51.71% |
5 BEAM | $0.0690 | $0.14 | -51.71% |
10 BEAM | $0.14 | $0.29 | -51.71% |
50 BEAM | $0.69 | $1.43 | -51.71% |
100 BEAM | $1.38 | $2.86 | -51.71% |
500 BEAM | $6.90 | $14.28 | -51.71% |
1,000 BEAM | $13.79 | $28.56 | -51.71% |
Today vs. 1 year ago
Amount | Today at 8:49 am | 1 year ago | 1Y Change |
|---|---|---|---|
0.5 BEAM | $0.0069 | $0.0088 | -21.65% |
1 BEAM | $0.0138 | $0.0176 | -21.65% |
5 BEAM | $0.0690 | $0.0880 | -21.65% |
10 BEAM | $0.14 | $0.18 | -21.65% |
50 BEAM | $0.69 | $0.88 | -21.65% |
100 BEAM | $1.38 | $1.76 | -21.65% |
500 BEAM | $6.90 | $8.80 | -21.65% |
1,000 BEAM | $13.79 | $17.60 | -21.65% |
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