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Binance-Peg Bitcoin (Binance Bridge)

Binance-Peg Bitcoin (Binance Bridge)

BTCB
$78,544.50Down 1.50 percent($1,197.29)

Key Stats

Market Cap$5.13BDown 1.50 percent
Volume (24h)$32.05M
Fully Diluted Value$5.13B
Vol/Mkt Cap (24h)0.62%
Total Supply65.30K BTCB
Max Supply∞
Launch Date2019-06-17
Built OnBNB
Token StandardBEP20
Smart Contract Address0x7130…ad9c
Decimal Places18

Binance-Peg Bitcoin (Binance Bridge) Information

Websites
www.binance.com
Industries
Wrapped Collateral
Parent Asset
BTC

Binance-Peg Bitcoin (Binance Bridge) Price Converter

Binance-Peg Bitcoin (Binance Bridge)BTCB
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Latest Binance-Peg Bitcoin (Binance Bridge) News

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Binance-Peg Bitcoin (Binance Bridge) Markets

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InstrumentExchangeBenchmark DataPrice24h Change
Binance-Peg Bitcoin (Binance Bridge)BTC logo
BTCB-BTC
btcb_btc
yobit logoyobit
-
0.9971BTC
0.00%
Binance-Peg Bitcoin (Binance Bridge)WAVES logo
BTCB-WAVES
btcb_waves
yobit logoyobit
-
20,103,037.00WAVES
0.00%
Binance-Peg Bitcoin (Binance Bridge)ETH logo
BTCB-ETH
btcb_eth
yobit logoyobit
-
35.00ETH
0.00%
Binance-Peg Bitcoin (Binance Bridge)DOGE logo
BTCB-DOGE
btcb_doge
yobit logoyobit
-
711,111.00DOGE
0.00%
Binance-Peg Bitcoin (Binance Bridge)BTC logo
BTCB-BTC
BTCBBTC
hitbtc logohitbtc
E
1.00BTC
0.00%

Binance-Peg Bitcoin (Binance Bridge) Supported Platforms

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Trading AsToken StandardBuilt OnSmart Contract AddressLaunch Date
BTCBBEP20BNB0x7130d2A12B9BCbFAe4f2634d864A1Ee1Ce3Ead9c2020-09-02
BTCBBEP2BNBBTCB-1DE2019-06-17

About Binance-Peg Bitcoin (Binance Bridge)

Binance-Peg Bitcoin (BTCB) is a token issued by Binance on Binance Chain and Binance Smart Chain, pegged 1:1 to Bitcoin (BTC). It enables BTC holders to engage with Binance's decentralized exchanges and DeFi platforms, offering faster transactions and lower fees.

Frequently Asked Questions

Binance-Peg Bitcoin (BTCB) is a token issued on the Binance Smart Chain (BSC) that is pegged to Bitcoin (BTC). Each BTCB token is backed by an equivalent amount of Bitcoin held in reserve by Binance. This pegging mechanism ensures that the value of BTCB remains closely tied to the value of Bitcoin. BTCB allows users to trade and utilise Bitcoin within the Binance Smart Chain ecosystem, offering faster transaction speeds and lower fees compared to Bitcoin's native blockchain.

Binance-Peg Bitcoin (BTCB) is primarily used to facilitate Bitcoin transactions within the Binance Smart Chain ecosystem. It enables users to leverage Bitcoin's value for various DeFi (decentralised finance) applications, such as liquidity provision, staking, lending, and borrowing, without the high fees and slower transaction times associated with the Bitcoin network. BTCB can also be traded on decentralised exchanges (DEXs) that operate on the Binance Smart Chain, providing more flexibility and accessibility for Bitcoin holders.

Binance-Peg Bitcoin (BTCB) was developed by Binance. The initiative aims to enhance interoperability by allowing BTC holders to engage with the Binance Chain and BSC ecosystems.

BTC Reserve Address: 3LYJfcfHPXYJreMsASk2jkn69LWEYKzexb