Bitcoin BSC: The tokenomics of Bitcoin and Bitcoin BSC are intended to be compatible. Similar to Bitcoin, there is a maximum supply of 21 million tokens. Up to 6,125,000 tokens for $0.99 will be distributed during the presale, giving the project a launch market valuation of $6,063,750. There is only one stage for the presale.
BNB Coin
Between June 26 and July 3, 2017, Binance’s initial coin offering (ICO) brought in $15 million. In April 2019, the BNB token—which was once an Ethereum BEP2 token—was switched at a 1:1 quantitative ratio to the Binance Chain.
On the Binance Chain and Binance DEX, BNB is used for several things, including transaction fees. To implement smart contracts for the Binance smart chain, developers must pay BNB.
On the Binance Smart Chain, BNB is also used as a “gas” to fund the implementation of smart contracts—activities related to staking and validating the Binance Smart Chain. In addition to potentially saving money on group action costs, traders will use their BNB tokens. Group action gas fees are awarded to all Binance sensible chain validators.
On Binance CEX, alternate staking and disposal tools and the reward scheme are popular. Users of Binance will utilize BNB to mine new tokens supported by Binance’s launch pad, which has been assisting and guiding blockchain firms since 2020. Because it can be used to pay bills, purchase cellphones, reserve travel and lodging, and make charitable donations via various partner businesses and participating merchants, the BNB coin has become quite popular among its users.
Binance may destroy two-hundredths of its overall exchange earnings every quarter until there are five-hundredths of the exclusive offer, or one hundred million BNB, to shop for back and erase BNB coins. BNB may be a deflationary cryptocurrency. A record-breaking three, 619,888 BNB price of $165,791,000 was permanently removed from circulation after this fall’s BNB burn.
Bitcoin BSC Price Prediction: What is $BTCBSC’s Potential?
Because of its low energy consumption, quick and inexpensive transactions, and staking incentives, Bitcoin BSC is one of the most promising cryptocurrencies in 2023.
Most Bitcoin BSC price projections indicate that the project has a promising future, even if the token presale is still in its early stages. In just the first day of its debut, the project sold more than $30,000 worth of $BTCBSC, which strongly indicates that Bitcoin BSC will likely be the next prominent cryptocurrency.
Although it’s challenging to forecast the value of a brand-new token like $BTCBSC, we can get some direction from existing Bitcoin clones. In the month after the introduction, $BTC20 increased seven times. This coin functions on the Ethereum blockchain rather than the BNB Smart Chain, making it comparable to $BTCBSC because it also provides staking incentives. Therefore, BTC20 has higher transaction fees and processes transactions more slowly.
This leads us to believe that $BTCBSC may do better than $BTC20. After these new coin releases, investors may experience a 10x increase, increasing the market capitalization of $BTCBSC to almost $60 million.
Why Buy Bitcoin BSC During the Presale?
For many cryptocurrency investors, Bitcoin BSC is among the most excellent cryptocurrencies. Here are some main arguments favoring participating in the $BTCBSC presale.
Appreciation Potential: The initial market capitalization of Bitcoin BSC is about a hundred thousand times less than that of Bitcoin. Furthermore, early investors recently saw profits of 7x and 538x for other Bitcoin clones, such as BTC20 and BTC 2.0. After launch, there is a lot of potential for this coin.
The staking benefits make long-term passive income possible for Bitcoin BTC investors. Early investors may quickly amass $BTCBSC tokens to guarantee they always receive a significant share of the token rewards given out every 10 minutes.
Decreased Transaction Costs: Bitcoin BSC has much cheaper transaction processing costs than Bitcoin and even Bitcoin clones like BTC20. This provides it with a competitive edge and promotes broad use for business, which would increase demand for $BTCBSC.
Reduced Energy Use: Future laws targeting Bitcoin mining will unlikely affect Bitcoin BSC. Environmentally friendly and low energy consumption is features of the Bitcoin BSC staking mechanism.
How to swap BTC to BNB?
Converting BTC to BNB is straightforward with ChangeNOW, and there’s no registration required. Suppose you want to exchange one Bitcoin for BNB:
- Select the exchange pair, in this example, Bitcoin vs. Binance Coin (BSC).
- Enter the recipient’s address to complete the Bitcoin-Binance Coin (BSC) transaction.
- Verify the exchange rate to see how much BTC you will get in Binance Coin (BSC).
- When the payment arrives and the deal is completed, one Bitcoin gets converted into Binance Coin (BSC).
BTC to BNB Exchange Rate
There is a 0 BNB conversion rate from 1 Bitcoin to Binance Coin (BSC). ChangeNOW allows you to exchange any number of coins—there are no restrictions on BTC to BNB exchanges!
How To Buy Bitcoin BSC
For the most recent information and access to the appropriate trading pairs to purchase Bitcoin BSC on PancakeSwap as soon as the listing occurs tomorrow at 9:00 UTC, follow the official Twitter and Telegram accounts.
Buyers on Pancakeswap. As in Uniswap, finance only needs to link a cryptocurrency wallet, such as Meta Mask, Trust Wallet, and Bitcoin for BTCBSC.
Note: PancakeSwap presently has a bogus coin named after the project. The finest cryptocurrency ventures often have imitators since anybody can publish a token on a DEX platform. Be cautious and only click on legitimate links. BTCBSC won’t be able to trade until October 4.
What is the point of Bitcoin BSC?
The Bitcoin BSC tackles several problems with Bitcoin and other options. Notably, given that most novice cryptocurrency users are unfamiliar with Bitcoin’s native wallet, the platform delivers a comparatively poor user experience. However, since Bitcoin BSC is based on the Binance Smart Chain, investors may buy and manage their shares using wallets that work with the Ethereum Virtual Machine, such as Trust Wallet and MetaMask.
Because of its vast network and scalability, Binance Smart Chain also includes more. With more than 600 dApps, it offers substantial potential usefulness compared to networks like Ethereum. It only takes a short time to run Bitcoin BSC because Binance Smart Chain works much faster than Ethereum.
Bitcoin BSC Staking
Staking is Bitcoin BSC’s primary asset, giving it an advantage over other Bitcoin clones.
In contrast to the consistent performance exhibited by BTC20, BTC2.0 has recorded a decline in value in recent times. Staking gives confidence, making the cryptocurrency more stable when offered on exchanges. Bitcoin BSC uses a strategy similar to BTC20 to guarantee a steady price rise. Despite their differences, Bitcoin BSC and BTC20 have many characteristics. BTCBSC is a BEP-20 coin on the BNB Smart Chain, while BTC20 adheres to the Ethereum ERC-20 standard.
Stakes have grown in popularity in the DeFi sector, but disappointments in specific ecosystems, including Terra Luna, have tempered excitement. Transparent stakes in well-defined payouts continue to be popular despite this. The $BTCBSC token provides a 120-year yield spread in line with Bitcoin’s block schedule via the use of the BNB Smart Chain. Furthermore, incentives account for around 69% of the total BTCBSC token supply. The quantity of tokens people invest and the length of their commitment dictate how much money they make. This functionality stabilizes the token’s price and yields profits for consumers. Staking for Bitcoin BSC was underway before its listing on PancakeSwap.
The dedicated dashboard for the Bitcoin BSC provides details regarding the number of speakers.
The Future of Bitcoin BSC: The Roadmap
With a roadmap outlining how it intends to compensate early investors, Bitcoin BSC has positioned itself as one of the most significant long-term cryptocurrency investments. Let’s examine the roadmap in more detail.
- The presale begins. The path of Bitcoin BSC starts with an open and equitable presale for all investors. Investors in presale may purchase $BTCBSC for $0.99.
- The stakes are open. Before the presale ends, the Bitcoin BSC team will release an audited smart contract that will allow staking, allowing presale investors to begin receiving passive income from their BTCBSC immediately.
- They are launching the token. After the presale concludes, $BTCBSC will go live on a fully decentralized exchange built on BSC.
- Passive income. Investors in $BTCBSC may generate passive income by staking prizes. Staking rewards will likely last until about 2140.
Conclusion
Bitcoin BSC is designed to be issued for $0.99 during the presale, with a maximum amount of 21 million tokens. In line with the tokenomics of Bitcoin, that is. BNB (formerly a BEP2 Ethereum coin) is used for a variety of purposes on the Binance Chain and Binance DEX, including validation, staking, and transaction fees. Users like Binance CEX’s alternate staking and disposal tools and reward scheme.
The promise of Bitcoin BSC seems bright because of its low energy consumption, quick transactions, and staking incentives. It offers long-term passive income, cheaper transaction costs, and environmental sustainability, and its market size is around 100,000 times less than Bitcoin’s.
Related Articles:
- The Ultimate Guide to Buying Bitcoin: A Fintechzoom Review
- Do You Really Trust these bitcoiners
- Bitcoin Rainbow Chart: Step-by-Step Guide
FAQs
The blockchain system from the cryptocurrency trading site Binance is called Binance Smart Chain, or BSC. BSC aims to provide a high-performance framework for decentralized application development, intelligent contract support, blockchain interoperability, and other DeFi products.
BNB Smart Chain (BSC), formerly known as Binance Smart Chain, is a blockchain network introduced by the cryptocurrency exchange Binance. It is compatible with decentralized apps (DApps) and smart contracts. BNC Chain, formerly known as Binance Chain, operates alongside BSC.
The token on the Binance Chain is called Bitcoin BEP2 (BTCB). With a price fixed to Bitcoin at a ratio of 1 BTCB = 1 BTC, every BTCB is 100% backed by a reserve of BTC.
Bitcoin BSC is one of the most significant cryptocurrencies to invest in now since it features several significant benefits until 2024. This token first facilitates staking. As a passive income stream, investors who bet their $BTCBSC tokens may earn more tokens.