Bitcoin BEP2 (BTCB)
| Market Cap | $996,385,316 |
|---|---|
| Trading Volume | $15,230,674 |
| Volume / Market Cap | 0.0153 |
| Total Supply | 60,501 BTCB |
| Max Supply | – |
Bitcoin BEP2 is currently trading at $18,829.55, after a price change of 5.46% in the last 24 hours.
Ranked as cryptocurrency #206 by capitalization today, BTCB market cap is valued at $996,385,316. BTCB trading volume reached $15,230,674 in the last 24 hours. We track cryptocurrency data live in real-time. Make your own forecast on BTCB coin price prediction page.
What is Bitcoin BEP2?
Bitcoin BEP2 is a cryptocurrency based on the Binance Chain. The digital asset is fully pegged to BTC reserves at a ratio of 1:1. The address of the reserves is openly available to the public. Bitcoin BEP2 is a bitcoin fork with the aim to give users more trading pairs and an increase in trading volumes. Users can store their BTC on Binance and access BTCB in return as a token closely valued to the price of the underlying bitcoin.
BTCB holders are enabled to exchange their coins for other tokens on Binance decentralized exchange. The holders can also swap Bitcoin BEP2 for Bitcoin in the main Binance exchange. Bitcoin BEP2 benefits from the delegated proof-of-stake consensus model and practical Byzantine Fault Tolerance to secure its platform. Although the token is a decentralized asset, it cannot be mined for rewards.
There are currently 105,108.62 circulating BTCB tokens from an uncapped supply of 112,510. Binance Chain was unveiled in April 2019, while Binance Chain Evolution Proposal 2, BEP2, was unveiled in June. Chegpeng Zhao is the founder and CEO of Binance, a cryptocurrency exchange that grew to become the largest by daily trading volumes in under six months.