UnbankedPrice(UNBNK)
Details Unbanked (UNBNK) Price information (USD)
The current real-time price of UNBNK is $0.0{5}6580. In the past 24 hours, UNBNK has traded between $0.0{5}6380 and $0.0{5}8510, showing strong market activity. The all-time high of UNBNK is $9.72, and the all-time low is $0.0{5}4170.
From a short-term perspective, the price change of UNBNK over the past 1 hour is
Unbanked (UNBNK) Market Information
Unbanked (UNBNK) Today's Price
The live price of UNBNK today is $0.0{5}6580, with a current market cap of $0. The 24-hour trading volume is 3.26. The price of UNBNK to USD is updated in real time.
Unbanked (UNBNK) Price History (USD)
What is UNBANKED (UNBNK)?
When is the right time to buy UNBNK? Should I buy or sell UNBNK now?
Before deciding whether to buy or sell UNBNK, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s UNBNK technical analysis can provide you with trading references.
Future price trend of UNBNK
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for UNBNK.
How much will UNBNK be worth tomorrow, next week, or next month in ? What about your UNBNK assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! UNBNK Price Prediction
How to buy UNBANKED (UNBNK)
Convert UNBNK to local currency
UNBNK Resources
To learn more about UNBNK, consider exploring other resources such as the whitepaper, official website, and other published information:
Blockchain explorer
Top 5 addresses | Holding amount | Holding ratio | |
|---|---|---|---|
ethereum | 0xab2c...fa8f53  | 90.111M | 18.05% |
ethereum | 0x77e2...72290d | 88.353M | 17.7% |
ethereum | 0x637a...44b841 | 55.525M | 11.12% |
ethereum | 0xe2fe...1435fb | 47.258M | 9.47% |
ethereum | 0x7081...85c7f0 | 41.744M | 8.36% |
Other | 176.280M | 35.31% |
Hot Events
UNBANKED (UNBNK) FAQ
What was Unbanked (UNBNK) and what problem did it aim to solve?
Unbanked was a financial services provider that sought to bridge decentralized finance (DeFi) with traditional finance (TradFi) in a regulatory-compliant manner. It offered global bank accounts, crypto debit cards, and the ability to buy, sell, and stake crypto. The project aimed to address the challenges of financial exclusion, providing banking access to "unbanked" individuals lacking traditional services through its platform.
What was the UNBNK token's utility?
The UNBNK token served as the native cryptocurrency of the Unbanked platform, available on both Ethereum and Stellar. Its core utility was as the base spendable digital asset for Unbanked debit cards; users converted deposited cryptocurrencies into UNBNK for spending. Additionally, cardholders could stake UNBNK to earn cashback. UNBNK was also utilized within a lending/borrowing protocol, acting as collateral and for interest payments.
What was the supply and tokenomics of UNBNK?
The UNBNK token launched with a maximum supply of 1 billion. This maximum supply fluctuated due to minting and burning operations intended to balance the token across the Ethereum and Stellar networks. At one point, a reported figure was approximately 999,800,849. A self-reported circulating supply was 32,000 UNBNK, though this figure remained unverified by external sources.
How could users acquire and spend UNBNK?
Users could acquire UNBNK by purchasing it on select decentralized exchanges or directly from the Unbanked platform. To spend, users would deposit various cryptocurrencies, which were then converted into UNBNK. This UNBNK balance was held on the Unbanked card, allowing users to spend it via the associated debit card services until the funds were depleted.
What is the current operational status of Unbanked?
As of May 2023, Unbanked has ceased all operations and officially shut down. The company cited significant regulatory challenges within the U.S. and a lack of funding as the primary reasons for its decision to wind down. Customers were advised to withdraw all their funds prior to the shutdown. The project is no longer active.
What were the regulatory challenges faced by Unbanked?
Unbanked explicitly stated that "US regulators are actively trying to stop companies (banks and fintechs) from supporting crypto assets." This regulatory pressure was a critical factor leading to its shutdown. The challenging environment in the United States, which made it difficult for financial technology companies to operate with crypto assets, significantly contributed to the company's decision to cease its services.
