Bitcoin BEP2 is a Bitcoin clone in the Binance ecosystem. Traditional Bitcoins do not allow to use applications on the Binance network, such as the decentralized exchanges or lending services. BTCB is based on the Binance Coin and backed 1:1 by Bitcoin, which allows you to use these applications. The 1:1 backing balances the price between BEP2 Bitcoin and BTC. Binance issues the BEP2 token.
Bitcoin has the major disadvantage that, unlike many other blockchains, there is no large ecosystem of applications, such as NFTs, lending protocols or digital exchanges. BEP2 Bitcoin gives the possibility to hold a 1:1 backed Bitcoin, but still operate directly in the Binance Network. Nevertheless, you should be aware that with BEP2 Bitcoin you do not hold a real Bitcoin, but rely on the Binance crypto exchange.
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Bitcoin BEP2 special?
Bitcoin BEP2 is apowered by,uses to validate transactions,and is.Bitcoin BEP2 also supports.
Interesting facts about Bitcoin BEP2
Here are some facts you may not already know about Bitcoin BEP2. Something surprise you? Go ahead, share it!Any fact missing? Contact us.
BTCB is a Bitcoin clone on the Binance Chain.
Each BEP2 Bitcoin is backed by one Bitcoin. Thus, the rates converge, but do not necessarily have to be the same.
Binance issues BEP2 tokens.
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Bitcoin BEP2 price and insights
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Market capitalization Very small
24 hour trading volume Very small
Market cap % of total Very small
# Discord members -
# Telegram members -
% of total supply circulating Very small
What’s the community like?
Community matters for projects like Bitcoin BEP2, because an active community drives the development of use cases for a blockchain project. The more people are active, the better to have healthy discussions and create something valuable.