- N/T
Bitcoin BEP2Â BTCB
We lack of accurate trading data.
This could be attributed to several reasons, including limited exchange liquidity or delisting. Or might be due unable to provide support for exchanges where this asset is currently tradable.
Market CapÂ
$3.42Â BRank #--FDVÂ
--Rank #--Exchanges
Exchanges type
About BTCB
Bitcoin BEP2 is a token that is pegged to the value of Bitcoin. It is issued by Binance on the BNB Chain using the BEP2 token format. This means that for every Bitcoin BEP2 token in circulation, there is an equivalent amount of Bitcoin held in reserve. The purpose of Bitcoin BEP2 is to enable trading of Bitcoin on the Binance platform and potentially on the Binance DEX as well.
What makes Bitcoin BEP2 unique?
Bitcoin BEP2 is unique compared to other cryptocurrencies because it is a token that is pegged to Bitcoin. This means that for every Bitcoin BEP2 token in circulation, there is an equivalent amount of Bitcoin held in reserve. This allows traders to have exposure to Bitcoin's price movements without actually holding Bitcoin itself. Additionally, Bitcoin BEP2 tokens can be easily traded on Binance and proposed for trading on Binance DEX, providing a higher degree of ease-of-use for traders. The transparency of the crypto-pegged token also allows anyone to audit the reserves publicly, ensuring trust and accountability.