Multibit

Multibit PriceMUBI

₹0.018565
-₹0.000427-2.25%

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Multibit Price Today

Current MUBI/INR real-time price is ₹0.018565, with a 24-hour change rate of -2.25% and a 7-day change rate of +6.93%. MUBI currently ranks #2795 globally by market cap, with a total market cap of ₹1.792461Cr, a fully diluted valuation (FDV) of ₹1.886801Cr, and a 24-hour trading volume of ₹0. In terms of supply, MUBI has a maximum supply of 100Cr, a current circulating supply of 95Cr, with 95.00% already in circulation and 5.00% remaining to be unlocked.

About Multibit

What is Multibit (MUBI)?

Multibit (MUBI) is a cryptocurrency project built around the first-ever dual-sided bridge designed to enable easy cross-network transfers between BRC20 and ERC20 tokens. By promoting unmatched liquidity for these tokens, Multibit aims to heighten cross-chain interoperability between the Bitcoin and Ethereum Virtual Machine ecosystems.

The platform operates as a cryptocurrency wallet that enhances the ease of transferring BRC20 tokens between Bitcoin and EVM networks. Its dual functionality serves as a bridge facilitating seamless cross-network transfers, significantly improving liquidity and interoperability between these two major blockchain ecosystems. Multibit operates on the Ethereum platform and launched on Nov. 14, 2023.

The MUBI token has a total supply and max supply of 1,000,000,000 tokens, with a circulating supply of 950,000,000 MUBI, representing 95% of the maximum supply. The project is currently in an active development and trading phase, with MUBI trading across 85 active markets and reaching over 21,000 holders across chains at its community milestone.

Key Specifications & Tokenomics

  • Name: Multibit (MultiBit)
  • Ticker / Symbol: MUBI
  • Blockchain / Platform: Ethereum
  • Category: Bitcoin Ecosystem, DeFi, Interoperability
  • Start Date: Nov. 14, 2023
  • Total Supply: 1,000,000,000 MUBI
  • Max Supply: 1,000,000,000 MUBI
  • Circulating Supply: 950,000,000 MUBI
  • % of Max Mined: 95.0%
  • Explorers: etherscan.io
  • CertiK Rating: 3.7
  • Official Website: https://multibit.exchange/

Who created Multibit?

Multibit was founded by Hannu Putkinen and Reima Flyktman. The founders embarked on a journey to enhance the interoperability and liquidity of blockchain assets, driven by the vision of creating a more interconnected and efficient blockchain ecosystem.

Team and founder information is tracked on TokenInsight, which maintains a dedicated page covering the project's team details. The founders' work focuses on bridging the gap between Bitcoin and EVM networks through secure infrastructure and user-friendly interfaces.

How does Multibit work?

Multibit operates as a dual-sided bridge for cross-network transfers between BRC20 and ERC20 tokens, while also functioning as a cryptocurrency wallet. The platform enables users to move BRC20 tokens between Bitcoin and EVM networks, bridging BRC20 tokens to more than 10 EVM blockchains.

Security is central to the platform's design. Multibit employs multisig cold wallets that require multiple signatures for transactions, significantly reducing the risk of unauthorized access. The asset protection system consolidates funds into secure cold storage wallets, complemented by an approval-based withdrawal process that adds an additional layer of security for users' assets.

Key user-facing features include the ability to display exchange rates, aiding users in making informed decisions about their transactions, and support for the import and export of encrypted keys, enhancing the flexibility and control users have over their digital assets. Multibit is also committed to user education, offering interactive tutorials that guide users through the platform's features and functionalities.

What makes Multibit unique and valuable?

Multibit positions itself as the first-ever dual-sided bridge specifically designed for cross-network transfers between BRC20 and ERC20 tokens. This dual-sided approach distinguishes it from single-direction bridges and addresses a critical need in the market for moving assets between the Bitcoin and Ethereum ecosystems.

The platform's mission is to foster increased liquidity and accessibility for BRC and ERC tokens in a secure and user-friendly manner. By creating a more interconnected and efficient blockchain ecosystem, Multibit plays a crucial role in bridging the gap between Bitcoin and EVM networks. Its ability to bridge BRC20 tokens to more than 10 EVM blockchains further extends its utility and reach.

The combination of multisig cold wallet security, an approval-based withdrawal process, and user education through interactive tutorials provides a comprehensive approach to addressing both the technical and human elements of cross-chain asset management.

What is Multibit used for?

MUBI serves as the native token of the Multibit ecosystem. The primary utility of the platform revolves around facilitating cross-network transfers between BRC20 and ERC20 tokens, allowing users to move assets seamlessly between Bitcoin and EVM networks.

Users seeking to move BRC20 tokens between Bitcoin and EVM networks, as well as those seeking cross-chain interoperability and liquidity for BRC20 and ERC20 tokens, form the core target audience. The platform's wallet functionality enables users to manage their digital assets, display exchange rates, and import and export encrypted keys.

The token is traded across 85 active markets, with spot trading pairs including ETH/MUBI and MUBI/WETH on decentralized exchanges, as well as MUBI/USDT on centralized venues. MUBI reached 21,000 holders across chains, reflecting its role as a utility and governance asset within the Multibit bridging ecosystem.

How Is the Multibit ecosystem developing?

The Multibit ecosystem continues to develop around its core bridging and wallet infrastructure. Since its launch on Nov. 14, 2023, the project has expanded its bridging scope to support BRC20 tokens across more than 10 EVM blockchains, demonstrating ongoing technical development.

Community growth has been a notable aspect of the project's development. MUBI reached 21,000 holders across chains, a milestone announced through the project's official X account. The project maintains an active presence on social media through its official X account, @Multibit_Bridge.

CoinMarketCap hosts community features for Multibit including Multibit community, Multibit Yield, Multibit Holders, and Top Holders sections. ChainBroker maintains a MultiBit page covering project backers, investors, and funding, indicating ongoing interest from the investment community. The project has also attracted media attention, with multiple YouTube analyses covering its price movements and token dynamics.

How to mine Multibit?

Multibit operates on the Ethereum platform as a token rather than a mineable proof-of-work cryptocurrency. There is no traditional mining mechanism for MUBI. Detailed public information regarding staking or other token acquisition mechanisms beyond market trading is currently limited.

Users can acquire MUBI through supported trading venues across 85 active markets. The token is available on decentralized exchanges with ETH/MUBI and MUBI/WETH pairs, as well as on centralized trading platforms with MUBI/USDT pairs.

How to keep your Multibit Coin safe?

Multibit itself employs a multifaceted security approach to protect platform and user assets. The foundation of its security measures includes the use of multisig cold wallets, which require multiple signatures for transactions and significantly reduce the risk of unauthorized access. Funds are consolidated into secure cold storage wallets with an approval-based withdrawal process.

For individual users, the platform supports the import and export of encrypted keys, giving users greater flexibility and control over their digital assets. Multibit also provides interactive tutorials that guide users through the platform's features and functionalities, promoting safer usage practices.

As with any cryptocurrency, users should exercise caution and stay informed about best practices for wallet security and asset management. MUBI prices respond to overall crypto market sentiment, trading volume and liquidity, macroeconomic conditions, regulatory news, and supply dynamics such as issuance schedules. No single factor moves the market on its own, and crypto is highly volatile with prices that can move sharply in either direction.

How to Buy and Use Multibit

Purchase Guide

Buy in just 4 steps (Register → Verify → Deposit/Purchase → Receive Coins)

  1. 1Register AccountUse email or phone number to quickly complete BTCC registration in under 1 minute.
  2. 2Identity VerificationComplete basic KYC verification to protect your account and assets.
  3. 3Quick TradeSupports credit cards, online banking and other quick purchase methods.
  4. 4Receive CoinsMultibit is instantly credited to your BTCC account, ready for trading at any time.

Related Trading

Choose Multibit products that suit your trading style

Thank you for your interest in BTCC. Currently, spot and futures trading services for MUBI 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.

Multibit FAQs

What is the live price, market cap, and 24h volume of Multibit (MUBI)?

As of right now, the live price of Multibit (MUBI) is ₹0.018565. Its market price fluctuates in real time based on overall supply and demand, and you can check the updated MUBI to USD rate at the top of BTCC’s price page. In terms of market scope, Multibit records a 24h trading volume of ₹0 (reflecting total buying and selling activity over the last 24 hours), with a total market cap of ₹1.792461Cr. Its current circulating supply stands at 95Cr out of a maximum supply cap of 100Cr.

Why does the price of Multibit (MUBI) fluctuate, and what drives its volatility?

The price volatility of Multibit (MUBI) is essentially driven by market supply and demand dynamics. Key factors behind its price movements include: 1) Global macroeconomic conditions and sentiment, such as RBI or US Fed interest rate decisions; 2) Tokenomics, including the ratio of circulating supply (95Cr) to max supply (100Cr), 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.

What are the all-time high (ATH) and all-time low (ATL) for Multibit (MUBI)?

Looking at its historical price performance, Multibit (MUBI) hit an all-time high (ATH) of ₹35.427082 on 2023-12-16 06:15, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at ₹0.005376 on 2026-07-27 23:15. 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.

How to read the Multibit (MUBI) price chart for futures trading?

When trading MUBI 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 (₹0), as price breakouts accompanied by strong volume offer higher reliability.

How to profit from Multibit (MUBI) price drops? (Short Selling Guide)

Unlike spot trading where you can only profit from rising prices, BTCC’s MUBIUSDT perpetual contracts support two-way trading. If you anticipate a price decline for Multibit, simply log into your BTCC account with USDT margin available, navigate to the MUBIUSDT 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.

Can I trade Multibit (MUBI) perpetual futures with high leverage on BTCC?

Yes. BTCC offers flexible, high-tier leverage options for MUBIUSDT 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.

How to practice Multibit (MUBI) futures trading with a free demo account?

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: ₹0.018565), you can practice opening/closing positions, adjusting leverage, and setting TP/SL for MUBIUSDT with zero financial risk.

Step-by-step guide: How to buy and trade Multibit (MUBI) on BTCC?

Trading Multibit (MUBI) 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 MUBIUSDT, and review its live price (₹0.018565) 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.