BTCB Price Prediction

Bitcoin BEP2 (BTCB) is a token operating on the BNB chain, where each BTCB is backed by 100% BTC reserves. This currency is permanently linked to the price of Bitcoin and 1 BTCB is equivalent to 10 BTC. The address of the reserve is shared publicly and can be verified upon request.

What is BTCB?

BTCB is a cryptocurrency that is directly indexed to BTC and traded as such. Binance, the cryptocurrency exchange, shares the reserve address with users to ensure transparency of the Bitcoin BEP2 project.
This allows external parties to freely verify the contents of the Bitcoin reserve and compare it to the amount of BTCB tokens available. The project is an important component of the decentralized exchange (DEX), one of the main services supported by BNB Chain, which aims to provide cost-effective trading opportunities for its users.
Since its launch on April 18, 2019, BNB Chain has made impressive achievements in decentralization and compliance in a short period of time. The so-called Binance Chain Evolution Proposal 2 (BEP2) was announced in June 2019. This proposal defines the technical specifications, rules and governance criteria that tokens must comply with in order to operate seamlessly within the BNB Chain ecosystem.

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