sincerem
VIP Contributor
Bitcoin Bep-20 (BTCB) is a binance owned coin, that is initiated under its blockchain network (BSC). The coin is created to serve as an alternative to BTC high gas fee. Cos, it has a low gas fee compared to the original BTC high gas fee during transaction processing.
The coin is the same in the price of BTC, which is peaked at $36,860.23, with daily price increase of +4.93%. While the marketcap is peaked at a very high value, which is $2.00 billion, and a 24 hour trading volume of $89.85 million (2447.10 BTCB). The circulating supply is valued 54,598 BTCB. The coin is currently ranked 50th in the coin market table.
Bitcoin Bep-20 main purpose of creation by binance core team, is to reduce the congested transaction in the BTC blockchain, that caused its transactions to command higher gas fee, which made it unbearable for small investors.
Now BTCB is here, running in the Binance smart chain network to reduce the high gas fee of BTC, and accelerate transactions quicker with low gas fee to be initiated.
The coin is the same in the price of BTC, which is peaked at $36,860.23, with daily price increase of +4.93%. While the marketcap is peaked at a very high value, which is $2.00 billion, and a 24 hour trading volume of $89.85 million (2447.10 BTCB). The circulating supply is valued 54,598 BTCB. The coin is currently ranked 50th in the coin market table.
Bitcoin Bep-20 main purpose of creation by binance core team, is to reduce the congested transaction in the BTC blockchain, that caused its transactions to command higher gas fee, which made it unbearable for small investors.
Now BTCB is here, running in the Binance smart chain network to reduce the high gas fee of BTC, and accelerate transactions quicker with low gas fee to be initiated.
