Market Rank | ? |
---|---|
Market Cap | ? |
Volume 24h | $ 0.4M |
Circ. Supply | ? |
Total Supply | 2.9K |
Max Supply | ? |
The current price of Binance Wrapped BTC (BBTC) is currently $ 89,327.00.
Binance Wrapped Bitcoin (BBTC) is a tokenized version of Bitcoin (BTC) on the Binance Smart Chain. Essentially, it is a digital coin representing BTC on Binance's faster and more efficient blockchain network, serving as a bridge between the original Bitcoin blockchain and Binance's platform. The value of each BBTC is pegged on a 1:1 ratio with the original BTC, allowing users to transact and use these tokens as if they were actual Bitcoins.
Binance Wrapped BTC was created by the team at Binance, one of the largest cryptocurrency exchanges by trading volume worldwide. The motivation behind creating BBTC was to allow users to interact with decentralized applications (DApps) on the Binance Smart Chain by using a form of Bitcoin. By wrapping BTC on the Binance Smart Chain, users can enjoy the benefits of BTC while utilizing the speed and lower transaction costs of the Binance Smart Chain.
There are currently Binance Wrapped BTCs in circulation.
The price of Binance Wrapped BTC has increased by +4.77% in the last 24 hours.
Binance Wrapped BTC (BBTC) can be safely purchased on the following exchanges: Hotbit.
BBTC can be securely stored in any wallet that supports Binance Smart Chain tokens. It’s crucial to keep private keys safe, potentially by using a hardware wallet for better security.
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