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.
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