What is Bifrost (BFC)?

Bifrost (BFC) is a cryptocurrency that operates on the Ethereum platform, designed to facilitate interoperability between various blockchain networks.

What are the risks associated with Bifrost?

Digital asset prices can be volatile. Users should verify contract addresses and networks before transfers and handle private keys.

How can I verify Bifrost before acquiring it?

Verify the asset name, network, and contract details before transferring. Ensure you understand the custody method.

Where can I find official resources for Bifrost?

Official resources for Bifrost can be found on its website at https://bifrostnetwork.com, and its technical documentation is available at https://thebifrost.io/static/Bifrost_WP_Eng.pdf.

Bifrost (BFC)

Rank #810

Market snapshot

Price: $0.00894661
Market cap: $12.4M
24h volume: $788,793.40
Circulating supply: 1,386,638,564
Total supply: 2,584,913,482
Max supply: N/A

What is Bifrost?

Bifrost (BFC) is a cryptocurrency designed to operate on the Ethereum platform. It aims to facilitate interoperability between different blockchain networks, enabling seamless interactions and transactions. Bifrost is categorized under DeFi, Ethereum ecosystem, platform, interoperability, and Avalanche ecosystem.

Key information

Symbol: BFC
CMC rank: #810
Network / platforms: Ethereum
Categories: N/A
Date added: Nov 30, 2020

Contract address

Contract addresses are stored from CoinMarketCap metadata and are shown as recorded. CoinLoom does not independently certify them as official.

Ethereum
0x0c7D5ae016f806603CB1782bEa29AC69471CAb9c

Official resources

Risks

Digital asset prices can be volatile and can change materially. Users should verify the contract address and network before transferring assets. Self-custody requires secure private-key and recovery-phrase handling. Centralized platforms can involve operational, custody, and counterparty risk. Availability and regulatory treatment can vary by jurisdiction. Transaction finality and reversibility can differ by network.

Transfer and custody notes

Verify the asset name, network, and any supplied contract details before transferring. Verify destination address and network before sending assets. Review the custody method, including self-custody versus a third-party platform. Understand that transfers may be irreversible and that CoinLoom does not confirm exchange availability.

FAQ

What is Bifrost (BFC)?: Bifrost (BFC) is a cryptocurrency that operates on the Ethereum platform, designed to facilitate interoperability between various blockchain networks.
What are the risks associated with Bifrost?: Digital asset prices can be volatile. Users should verify contract addresses and networks before transfers and handle private keys.
How can I verify Bifrost before acquiring it?: Verify the asset name, network, and contract details before transferring. Ensure you understand the custody method.
Where can I find official resources for Bifrost?: Official resources for Bifrost can be found on its website at https://bifrostnetwork.com, and its technical documentation is available at https://thebifrost.io/static/Bifrost_WP_Eng.pdf.

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