Introduction to Bitcoin BEP2 (BTCB)
Binance (CRYPTO:BNB), a leading global cryptocurrency exchange, has announced the listing of Bitcoin BEP2 (CRYPTO:BTCB). The platform has opened trading for the BTCB/BTC pair, inviting users to explore this new offering.
Understanding Bitcoin BEP2 (BTCB)
Bitcoin BEP2 (BTCB) is a stablecoin issued by Binance, pegged 1:1 to Bitcoin (BTC). Key features include:
- Full Reserve Backing: Transparently collateralized by BTC reserves.
- Maximum Supply: Capped at 21,000,000 BTCB, mirroring Bitcoin’s scarcity.
- Utility: Enables seamless BTC-pegged transactions on the Binance Chain.
👉 Discover how BTCB enhances your crypto trading experience
Bitcoin’s Fundamentals
Bitcoin (BTC), introduced by Satoshi Nakamoto in 2009, revolutionized decentralized finance with:
- Decentralized P2P Network: Eliminates intermediaries for direct transactions.
- Fixed Supply: Only 21 million BTC will ever exist, ensuring scarcity.
- Security: Cryptographic protocols safeguard ownership and transfers.
Why Binance?
Binance ranks among the top 10 global crypto exchanges, serving 180+ countries with:
- Robust Infrastructure: Multi-tiered security and 1.4M orders/second matching engine.
- High Liquidity: Partnerships ensure deep market liquidity.
- Multi-Platform Access: Web, iOS, Android, and desktop support.
FAQ Section
Q1: What is BTCB?
A1: BTCB is a Binance-issued stablecoin pegged to Bitcoin’s value (1 BTCB = 1 BTC), backed by 100% reserves.
Q2: How does BTCB differ from BTC?
A2: BTCB operates on Binance Chain (BEP2), offering faster transactions while maintaining BTC’s price parity.
Q3: Is BTCB’s supply capped?
A3: Yes, it mirrors Bitcoin’s 21 million maximum supply.
👉 Explore Binance’s latest crypto innovations
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