How does Binance Coin Profit Calculator Works?
This Binance Coin Profit Calculator uses a simple mathematical principal to calculate the ROI of Binance Coin. It fetches the historical Binance Coin price from the database and compares with current Binance Coin Price and calculate the profit or loss made on it.
It does this simple calculation get the amount Binance Coin you would have got by investing x$'s on that day ($x/price of Binance Coin). Now it calculates the current price of that amount in USD (current Binance Coin price * amount of Binance Coin purchased in past). Now the return on investment (ROI) is calculated by dividing amount in USD today by amount invested and multiplying it by 100.
Mathmetical logic behind the same:
$invested_USD = USD invested in past date;
$historical_BNB*_price = Price of BNB* in past date;
$quantity_BNB* = Quantity of BNB* in past = $amount invested / $price_on_that_day;
$price_BNB* = Current price of BNB*;
$USD_today = ($price_BNB* * $quantity_BNB*) - $invested_USD;
$ROI = ($USD_today/$invested_USD)*100;
And if you want to check future price of Binance Coin you can check it here: Binance Coin Price Prediction. This predictions are based on various algorithms applied on the historical price of the Binance Coin.
If you have any query regarding the above calculator you can comment it in comment box below.