Binance will issue a number of crypto-pegged tokens on Binance Chain (BEP2 token format) in the coming days, starting with BTCB, a BEP2 token pegged to Bitcoin.
Pegged tokens such as BTCB, are 100% backed by the native coin in reserve, which is Bitcoin (BTC) in BTCB’s case. The reserve addresses are published for anyone to audit. The blockchain offers a much easier way to audit a crypto reserve than a traditional bank balance tether.
A trading pair will be created on Binance.com between the pegged token and the native coin, e.g., BTCB/BTC.
Market share | 0.00% |
Proof type | — |
Open | $46,976.84 |
Low | $46,897.93 |
High | $49,692.76 |
Price in BTC | 0.77644690741354 BTC |
Current Supply | 0 BTCB |
Total Supply | 9,001 BTCB |
Market cap | $0 |
24h Volume (coin) | 0 BTCB |
24h Volume (currency) | $0 |
Last updated | 2021-04-13 22:59:44 -05:00 CDT |
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