BIDZ CoinPrice

(BIDZ)

BIDZ Coin is the native token of a hybrid Web3 ecosystem designed to bridge traditional commerce with decentralized finance. Its primary utility spans across multiple platforms, including an e-commerce store for physical goods, a decentralized VPN service (BIDZ VPN), and a payment gateway (BIDZ Pay). Unlike purely speculative assets, BIDZ focuses on real-world application, allowing users to leverage blockchain technology for everyday transactions and digital privacy.

Users can purchase a wide range of physical items, such as electronics and clothing, through the official BIDZ E-Store. To facilitate this, the ecosystem utilizes a conversion process where users turn their BIDZ tokens into "BIDZ Credit." This internal credit system allows for a seamless shopping experience, ensuring that the purchasing power remains stable during the checkout process regardless of market movements.

It is essential to distinguish between these two assets within the ecosystem. BIDZ Coin is the tradable asset available on exchanges like LBank, which operates on the BNB Smart Chain. BIDZ Credit, however, is a stable internal currency pegged 1:1 to the USD. While the coin is subject to market dynamics, the credit is used specifically within the BIDZ platform to ensure price stability for goods and services, protecting consumers from volatility during transactions.

The BIDZ Swap is a core tool that bridges the gap between Web3 assets and Web2 commerce. It allows users to lock their BIDZ tokens in exchange for an equivalent USD value in BIDZ Credit. This mechanism "freezes" the value at the moment of the swap, enabling users to spend their credit on the e-store without worrying about external price changes. This ensures that the value of the user's holdings is preserved throughout the shopping and payment journey.

BIDZ has a total supply of 15 billion tokens and operates on the BNB Smart Chain (BEP-20). To ensure long-term ecosystem stability and prevent market dumping, the project has implemented a rigorous lock-up strategy. Over 10.9 billion tokens are currently locked until 2057. These tokens are scheduled for release in tranches every three years, demonstrating a commitment to a controlled supply and long-term project sustainability.

Security is a priority for the BIDZ ecosystem. The project’s smart contracts have undergone formal audits by reputable security firms like Certik to verify their integrity and safety. Additionally, the project provides 24/7 customer support to assist users with wallet issues, swaps, and order tracking. To maintain safety, users are encouraged to always use official channels and the BNB Smart Chain network when interacting with the ecosystem.