+28.59% growth: How to Buy BitBay (BAY) – A Step by Step Guide
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What is BAY?
According to the project team, BitBay is the world’s first peer-to-peer, decentralized contracting platform.
Since 2014, everything from household items to real estate have been bought and sold using BitBay’s marketplace, all without any third-party involvement.
BitBay also includes a protocol-level value protection feature, called the Dynamic Peg. With this flexible system of liquidity control, BAY serves as both a medium of exchange, and a store of value for investors.
The Dynamic Peg is decentralized, non asset-backed, and most notably, a democratic system. It is meant to reduce volatility, without anchoring the price to any one point.
Currently BAY is being ranked 208 on Coinmarketcap and has recently surged a hefty 28.59% at the time of writing.
BAY has been listed on a number of crypto exchanges, unlike other main cryptocurrencies it cannot be directly purchased with fiats. However, the good news is that it's being listed on Binance and KuCoin, two of the top crypto exchanges and has huge daily trading volumes. You can easily buy this coin with bitcoin purchased from any large exchanges, in this guide article we will walk you through in detail the steps to buy BAY.