Bella Protocol is a protocol that makes DeFi products easily accessible for crypto banking. The project aims to simplify the DeFi ecosystem by providing automated, efficient yield farming tools, a lending platform, a savings account, and customized robo-advisors with elegant design and seamless user experience. In doing so, Bella Protocol believes it will increase the adoption of DeFi.
What is BEL Coin?
BEL coin is the native ERC-20 based token of the Bella Protocol project. One of the main features of Bella Protocol coin is being developed by ARPA. Bella Protocol aims to attract the initial user group from ARPA’s global community, while expecting ARPA holders and supporters to benefit from the rapidly growing Bella ecosystem.
The standout product in Bella Protocol is the 1-Click concept. The Bella 1-Click concept is described as a “smart portal for popular DeFi products”. Thanks to this concept, users can enjoy transaction fee exemptions and easily engage in yield farming.
In addition, the Bella Lending platform allows users to access a highly flexible and decentralized money market. Lending supports liquidity mining, referral bonuses, and liquidity pool tokens. Another service among Bella products is Bella Flex Savings. This service offers optimized arbitrage strategies across protocols for the highest yield and supports multiple cryptocurrencies and traditional currencies.
On the other hand, Bella Protocol states that its automated systems enable users to enhance their investments with just one click. Furthermore, Bella Protocol emphasizes that everyone has the right to access free financial services, and high transaction fees are a barrier to this right, which the platform eliminates.
Additionally, Bella Protocol stands out with its partners. The platform’s partners include notable names such as Arrington Capital, Binance, Alphabit, Koi Ventures, and Ledger Capital.
BEL Coin Review
Actually, BEL coin is considered a highly notable project since it is the first project of the Binance Launchpool. Bella Protocol’s launch on Binance enabled quick transactions with Binance Coin (BNB) and Binance USD (BUSD).
Besides, despite being relatively new in the market, the BEL token has shown a volatile trajectory. While some investors view this as an opportunity for a good return, others consider it a risk.
How to Buy Bella Protocol?
For investors looking to buy BEL, it would be useful to discuss current prices and figures.
According to CoinMarketCap, at the time of writing, the BEL token is trading at 2.46 USD against the dollar and at 0.00023735 BTC against Bitcoin. It is also worth noting that BEL token reached its peak price of 7.93 dollars on September 15, 2020, and its lowest price of 2.32 dollars on September 24, 2020.
In addition, it is announced that the total supply of BEL tokens will be 100,000,000 BEL.
Buy BEL Coin
You can quickly and securely purchase BEL tokens through Binance, the world’s largest exchange by trading volume.
