Bitcoin BEP2 (BTCB): Price, Charts, and Market Capitalization

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What Is Bitcoin BEP2 (BTCB)?

Bitcoin BEP2 (BTCB) is a Binance Chain token. Each BTCB is fully backed by a BTC reserve, with its price pegged to Bitcoin at a 1:1 ratio (1 BTCB = 1 BTC). The reserve address is publicly available for real-time verification, ensuring transparency.

Binance released the reserve address to demonstrate Bitcoin BEP2’s transparency and encourage independent audits. This initiative aligns with Binance’s goal to provide affordable trading opportunities for users of its decentralized exchange (DEX), a flagship service powered by Binance Chain.

Launched on April 18, 2019, Binance Chain quickly achieved decentralization and interoperability milestones. The Binance Chain Evolution Proposal 2 (BEP2), introduced in June 2019, outlines technical standards and governance rules for tokens within the Binance Chain ecosystem.

Founders of Bitcoin BEP2

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What Makes Bitcoin BEP2 (BTCB) Unique?

👉 Discover how BTCB enhances DeFi liquidity

Circulating Supply of Bitcoin BEP2 (BTCB)

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How Is the Bitcoin BEP2 Network Secured?

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Where to Buy Bitcoin BEP2 (BTCB)

BTCB is available on:

👉 Trade BTCB with low fees

FAQs

Is BTCB the same as Bitcoin?

No, BTCB is a tokenized representation of Bitcoin on Binance Chain, backed 1:1 by BTC.

How can I verify BTCB’s reserves?

Check the public reserve address.

Can BTCB be used in DeFi?

Yes, it’s compatible with Binance Chain’s DeFi ecosystem.

Related Pages


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1. **Title Simplified**: Removed "| CoinMarketCap" and retained the core topic.  
2. **SEO Keywords**: Integrated "Bitcoin BEP2," "BTCB," "Binance Chain," "DeFi," "reserve address," "tokenized Bitcoin."