Binance-Peg FiroPrice(FIRO)
Details Binance-Peg Firo (FIRO) Price information (USD)
The current real-time price of FIRO is $0.6404. In the past 24 hours, FIRO has traded between $0.6154 and $0.6569, showing strong market activity. The all-time high of FIRO is $9.48, and the all-time low is $0.3184.
From a short-term perspective, the price change of FIRO over the past 1 hour is
Binance-Peg Firo (FIRO) Market Information
Binance-Peg Firo (FIRO) Today's Price
The live price of FIRO today is $0.6404, with a current market cap of $453.095K. The 24-hour trading volume is 561.57. The price of FIRO to USD is updated in real time.
Binance-Peg Firo (FIRO) Price History (USD)
What is BINANCE-PEG FIRO (FIRO)?
When is the right time to buy FIRO? Should I buy or sell FIRO now?
Before deciding whether to buy or sell FIRO, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s FIRO technical analysis can provide you with trading references.
Future price trend of FIRO
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for FIRO.
How much will FIRO be worth tomorrow, next week, or next month in ? What about your FIRO assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! FIRO Price Prediction
How to buy BINANCE-PEG FIRO (FIRO)
Convert FIRO to local currency
FIRO Resources
To learn more about FIRO, consider exploring other resources such as the whitepaper, official website, and other published information:
Top 5 addresses | Holding amount | Holding ratio | |
|---|---|---|---|
binance-smart-chain | 0xa9bb...dd65b6  | 226.023K | 31.95% |
binance-smart-chain | 0x4982...6e89cb | 42,939 | 6.07% |
binance-smart-chain | 0x8894...e2d4e3 | 34,953 | 4.94% |
binance-smart-chain | 0x87d9...35bb74 | 24,908 | 3.52% |
binance-smart-chain | 0xf241...00859a | 20,747 | 2.93% |
Other | 357.872K | 50.59% |
Hot Events
BINANCE-PEG FIRO (FIRO) FAQ
What is Binance-Peg Firo (firo)?
Binance-Peg Firo is a wrapped token representing the native Firo (FIRO) coin on the Binance Smart Chain (BSC). It is issued by the Binance platform, enabling FIRO holders to use their tokens within BSC’s decentralized applications ecosystem. Wrapped Firo maintains a pegged value to the original coin but allows for interoperability and faster transactions on the BSC network. This wrapped version facilitates access to DeFi opportunities without moving the assets to another blockchain.
What is the primary use case of Firo and its wrapped version?
Firo primarily serves as a privacy-focused digital currency aimed at enabling secure, anonymous transactions. It utilizes advanced cryptographic methods such as the Lelantus protocol, which allows users to send untraceable payments through a coin-burning mechanism. The wrapped Binance-Peg Firo inherits these privacy features on the BSC network, enabling private transactions within BSC-based decentralized applications. This makes it a preferred option for users seeking confidential financial operations with decentralized finance utilities.
Where and how can users acquire Binance-Peg Firo (firo)?
Binance-Peg Firo can typically be purchased on decentralized exchanges (DEXs) running on the Binance Smart Chain, such as LBank’s own DEX offerings or equivalent platforms where users swap stablecoins for firo tokens. Since it is not listed on centralized exchanges directly, users will need a Web3-compatible wallet like MetaMask configured for the BSC network. After acquiring BNB for gas fees, users can swap their stablecoins for Binance-Peg Firo through the DEX interface.
What is the Binance-Peg Firo smart contract address on BSC?
The official smart contract address for Binance-Peg Firo on the Binance Smart Chain is 0xd5d0322b6bab6a762c79f8c81a0b674778e13aed. Adding this token to a Web3 wallet such as MetaMask involves selecting the BSC network and importing the token using this contract address. Verifying the address ensures users interact with the legitimate token to avoid scams.
What are the key privacy features of Firo?
Firo employs the Lelantus Spark protocol, allowing users to 'burn' coins and redeem new ones without transaction history, effectively making transactions untraceable. It also integrates the Dandelion++ network protocol to obscure the originating IP address, which enhances user privacy further. These privacy-centric features differentiate Firo by enabling anonymous and confidential digital cash transfers. Wrapped Firo tokens maintain these privacy benefits when used within the Binance Smart Chain ecosystem.
What risks are associated with using Binance-Peg Firo tokens?
A notable risk with Binance-Peg tokens is the custodial nature of the wrapping process. The wrapped token’s value depends on the issuer's solvency and proper backing by native assets. If the issuer platform, such as Binance, faces operational issues or insolvency, users might lose the ability to redeem wrapped tokens for native FIRO. Users must consider this counterparty risk and conduct due diligence on the issuer's reliability before holding wrapped tokens.
