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View ChartABBC Coin is a cryptocurrency designed to facilitate secure payments, originally launched as Alibabacoin before rebranding. It is a digital asset project focused on creating a secure payment ecosystem for e-commerce and everyday transactions.
ABBC Coin evolved from Alibabacoin, aiming to provide secure digital payments and e-commerce solutions. It was initially positioned as a hybrid blockchain combining Proof-of-Work (PoW) and Proof-of-Stake (PoS), and it is currently based on the EOSIO blockchain, which uses delegated proof-of-stake (DPoS). The project focuses on secure payments and e-commerce, with a multi-platform wallet and an online shopping application. ABBC's ecosystem includes a digital wallet, a shopping application, and plans for cross-chain functionality.
On 1 June 2023, the ABBC Foundation announced a burn of 300 million ABBC to reduce supply and support the ecosystem.
| Item | Details |
|---|---|
| Name (Ticker) | ABBC Coin (ABBC) |
| Alternative Names | Formerly known as Alibabacoin |
| Consensus Mechanism | Early positioning as a PoW + PoS hybrid; currently EOSIO-based DPoS |
| Smart Contracts | Not applicable — the network runs on EOSIO-based DPoS |
| Category | Payments, E-commerce |
| Hash Algorithm | Not applicable — the network runs on EOSIO-based DPoS |
| Block Reward | Variable, based on staking and delegation |
| Max Supply | 1,450,000,000 ABBC |
| TPS | Claims up to 5,000 transactions per second |
| Scaling Solution | EOSIO-based DPoS architecture supporting up to 5,000 TPS |
| Blockchain | ABBC currently runs on the EOSIO blockchain, and has also been described as operating on its own chain |
| Contract Address | 0xe83c…02910d (partial, as listed on CoinMarketCap) |
| Explorer | etherscan.io |
ABBC Coin was created in 2017 by a team led by co-founder and CEO Jason Daniel Paul Philip, with Hasan Abbas as co-founder and CTO. ABBC Coin is developed by the ABBC Foundation; company-profile data lists the operating entity as based in Minsk, Belarus. The project was initially conceived by a team aiming to leverage blockchain technology for e-commerce and secure payments. It gained significant attention in its early days under the name "Alibabacoin," which led to a trademark dispute with the Chinese conglomerate Alibaba Group. This event prompted the team to rebrand to ABBC Coin.
ABBC Coin is currently based on the EOSIO blockchain, which is designed to be fast and scalable. The network uses an energy-efficient delegated proof-of-stake (DPoS) consensus mechanism. This allows ABBC holders to either stake their tokens directly to help secure the network and earn rewards or vote for delegates (validators) who process transactions and create new blocks on their behalf. This system aims to balance decentralization with high transaction throughput. Key components of its ecosystem include the ABBC Wallet for storing and transacting tokens and an online shopping application that lets users shop at over 50 online retailers with cryptocurrencies. The team also released the Aladdin Wallet and the Aladdin DAO, aimed at building an integrated cryptocurrency shopping-mall network.
ABBC Coin's value proposition centres on its specific focus areas within the broader crypto market:
The ABBC token has several primary use cases within its ecosystem:
ABBC is listed on several exchanges; check a reputable exchange that lists ABBC/USDT and complete KYC before trading.
Trading involves risk, including the possible loss of principal; leveraged contracts can amplify losses.
Crypto assets are highly volatile and prices can move sharply in either direction. ABBC has fallen substantially from its all-time high, and holding it carries market, liquidity and regulatory risk.
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Thank you for your interest in BTCC. Currently, spot and futures trading services for ABBC are not supported. As a leading digital asset platform, BTCC is committed to providing a secure and stable trading environment. We recommend completing your account registration and identity verification (KYC) to explore other premium assets and exclusive benefits available on BTCC.
As of right now, the live price of ABBC Coin (ABBC) is C$0.004649. Its market price fluctuates in real time based on overall supply and demand, and you can check the updated ABBC to USD rate at the top of BTCC’s price page. In terms of market scope, ABBC Coin records a 24h trading volume of C$58.538043 (reflecting total buying and selling activity over the last 24 hours), with a total market cap of C$4.208731M. Its current circulating supply stands at 905.3M out of a maximum supply cap of 1.23B.
The price volatility of ABBC Coin (ABBC) is essentially driven by market supply and demand dynamics. Key factors behind its price movements include: 1) Global macroeconomic conditions and sentiment, such as Bank of Canada or US Fed interest rate decisions; 2) Tokenomics, including the ratio of circulating supply (905.3M) to max supply (1.23B), as well as token unlocks and burn mechanisms; 3) Fundamental developments, such as ecosystem expansion, on-chain activity, and core protocol upgrades; and 4) Derivatives market dynamics, including leverage battles and liquidation cascades in perpetual contracts.
Looking at its historical price performance, ABBC Coin (ABBC) hit an all-time high (ATH) of C$2.876921 on 2018-10-25 13:00, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at C$0.000995 on 2025-04-23 09:50. Note that historical highs and lows reflect past performance only and do not guarantee future price trends; investment decisions should always align with live market conditions and your personal risk tolerance.
When trading ABBC futures on BTCC, technical chart analysis begins with identifying key support and resistance levels on 1D and 4H charts using historical price pivots. Next, apply MA/EMA indicators to gauge trend directions, alongside RSI (values above 70 indicate overbought conditions, while below 30 suggest oversold levels). Always validate breakout signals with the 24h trading volume (C$58.538043), as price breakouts accompanied by strong volume offer higher reliability.
Unlike spot trading where you can only profit from rising prices, BTCC’s ABBCUSDT perpetual contracts support two-way trading. If you anticipate a price decline for ABBC Coin, simply log into your BTCC account with USDT margin available, navigate to the ABBCUSDT pair, set your desired leverage and Take-Profit/Stop-Loss levels, and click "Sell/Short". Once the price drops to your target, close your position to lock in profit from the price difference.
Yes. BTCC offers flexible, high-tier leverage options for ABBCUSDT perpetual futures, providing up to 500x leverage (maximum leverage limits may vary depending on liquidity). While leverage boosts capital efficiency by allowing you to control larger position sizes with less margin, it also amplifies liquidation risks proportionately. BTCC strongly advises using Stop-Loss orders to strictly manage risk when trading with high leverage.
Beginners and traders testing new strategies can switch to BTCC's "Demo Trading" mode with a single click on the App or Web interface. The demo account comes pre-loaded with risk-free virtual funds (such as 100,000 USDT). Powered by live market prices (current price: C$0.004649), you can practise opening/closing positions, adjusting leverage, and setting TP/SL for ABBCUSDT with zero financial risk.
Trading ABBC Coin (ABBC) on BTCC requires just 4 simple steps: 1) Register a BTCC account and complete basic Identity Verification (KYC); 2) Buy USDT using fiat via credit card/express payment, or deposit USDT/BTC directly from an external wallet; 3) Navigate to the Futures section, search for ABBCUSDT, and review its live price (C$0.004649) and chart; 4) Select your margin mode and leverage, choose "Buy/Long" or "Sell/Short" based on your market outlook, set TP/SL orders, and confirm your trade.
Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. The content expressed on this page is not intended to be and shall not be construed as an endorsement by BTCC regarding the reliability or accuracy of such content. You should carefully consider your investment experience, financial situation, investment objectives, and risk tolerance, and consult an independent financial adviser before making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. BTCC is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning. Please also note that data relating to the above-mentioned cryptocurrency presented here (such as its current live price) are based on third-party sources. They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under BTCC’s control. BTCC is not responsible for the reliability or accuracy of such third-party sites or their contents.
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