New cryptocurrency project Bitcoin BSC launches presale of native token BTCBSC

  • 📰 Cointelegraph
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 51%

Coin Coin Headlines News

Coin Coin Latest News,Coin Coin Headlines

Bitcoin BSC, a BEP-20 version of Bitcoin that offers staking rewards for investors, launched its token presale yesterday and raised more than $20,000 within a matter of hours

, a BEP-20 version of Bitcoin that offers staking rewards for investors, launched its token presale yesterday and raised more than $20,000 within a matter of hours.

By comparison, the price of Bitcoin itself is down 11.3% over the past month. Excitement over a potential spot Bitcoin ETF caused the price of BTC to rise to $27,700. However, that price support has waned significantly as the SEC signaled it plans to slow-walk any ETF approval.describes how Bitcoin BSC is fundamentally different to Bitcoin in two ways.

Staked tokens are locked for 7 days. The reward investors receive is proportional to how many tokens they have staked out of the entire staking pool. This makes BTCBSC a potential alternative to the ERC-20 Bitcoin clone BTC20. Whereas investors can transact BTCBSC for an estimated $0.10 on BNB Smart Chain, transactions in BTC20 on the Ethereum blockchain can cost up to $10.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 562. in COİN

Coin Coin Latest News, Coin Coin Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bitcoin BSC (BTCBSC) Token Sale Goes Live Today - Stake-To-Earn Cryptocurrency RewardsA hot new crypto project has just arrived, offering huge staking rewards and a high-potential presale that could return major gains for early buyers.
Source: Crypto_Potato - 🏆 568. / 51 Read more »

Max Keiser Names Obstacle That May Slow Bitcoin Price Down NowProminent Bitcoin OG shares this take on what is creating headwinds for Bitcoin right now
Source: Utoday_en - 🏆 295. / 63 Read more »

There are just six bitcoin billionaires in the world, new crypto super-rich report saysHundreds of millions of people have crypto investments, but only few of them have holdings worth more than $1 million, a new survey shows.
Source: NBCNewYork - 🏆 270. / 63 Read more »