Bitcoin BSC ($BTCBSC) is a green cryptocurrency that acts as an eco-friendly alternative to Bitcoin based on the sustainable BNB smart chain, with staking rewards to incentivize holders and users.
Priced at just $0.99 on presale, $BTCBSC has already raised more than $200K in a few days since launching its presale. Let’s discuss more about this new cryptocurrency in the sections below.
‘Next Bitcoin’ Rival
Bitcoin, the first peer-to-peer cryptocurrency with a market cap of more than $500 billion, is the inspiration behind the Bitcoin BSC ($BTCBSC) cryptocurrency project.
However, Bitcoin BSC differentiates itself from Bitcoin by offering the guarantee of passive income rewards through its stake-to-earn system. The project aims to improve Bitcoin’s network by adopting a low-cost and eco-friendly strategy that can help benefit all token holders.
$BTCBSC, the native token of Bitcoin BSC, is currently available to purchase on presale for under $1. This project was developed on the Binance BNB smart chain, a more sustainable network than Bitcoin.
For starters, the BNB smart chain uses the same Ethereum-based fundamental technology, ensuring strong security and effective smart contract execution. However, transitions on the Ethereum chain can lead to high gas fees and offer low throughput. BNB offers far cheaper and quicker transactions, making it a great alternative to Ethereum.
Finally, BEP-20 tokens, such as $BTCBSC can be easily accessed. The token is compatible with DApps (Decentralized Applications) such as MetaMask, making buying and selling tokens straightforward.
Bitcoin BSC’s grand aims of being a ‘next Bitcoin’ candidate have caught the attention of many major crypto media outlets, such as Cointelegraph, CryptoPotato, Cryptonomist, U.today and others.
Earn 2000% Staking APY with $BTCBSC
Bitcoin BSC has a total supply of 21 million, similar to Bitcoin. The cryptocurrency will follow Bitcoin’s block schedule of releasing new tokens when a block is formed every 10 minutes. However, the project separates itself from Bitcoin by adopting the Proof-of-Stake (PoS) consensus.
Bitcoin’s blockchain releases new tokens after they are minted on the network. Bitcoin BSC uses a stake-to-earn feature, which acts as a greener version of the Proof-of-Work (PoW) algorithm used by Bitcoin. Following Bitcoin’s token release schedule of approximately 120 years and the block confirmations since April 2011, $BTCBSC Tokens will be made available on the same schedule.
Community members who have staked $BTCBSC on the ecosystem will get access to the new tokens released through the staking mechanism. Staking incentives are correlated with the amount a member stakes in the staking pool. This will also determine your annual percentage yield (APY) and the passive income generated on the ecosystem.
At the time of writing, Bitcoin BSC is offering an approximately 2000% APY on staking $BTCBSC. More than 115,000 tokens have already been staked on the mechanism. The APY will decrease as more community members stake tokens. The account balance will rise due to the interest compounding with each block confirmation that results in the staking rewards.
Community members will ensure they can earn on the Bitcoin BSC ecosystem long term by staking the tokens.
Bitcoin BSC Presale Raises $200K in a Few Days
If you are interested in earning passive income from this new cryptocurrency, $BTCBSC is priced at just $0.99 during the ongoing presale. From the 21 million token supply, 6.125 million have been allocated for the presale. This represents 29% of the total supply.
For the initial presale phase, 4 million tokens have been allocated. Once these tokens sell out, Bitcoin BSC will run a secondary phase and offer an additional 2.125 million tokens. The project aims to have an initial market cap of more than $6 million by the time the presale ends.
If there are any unsold tokens during the presale, they will be added to the immutable staking contract. The mechanism will follow the Bitcoin release schedule of 120 years. This can help make $BTCBSC a valuable investment since the reduced circulating supply can push up the price when the demand rises. At press time, Bitcoin BSC has raised over $200K in just a few days since the presale went live.
Interested investors can visit the Bitcoin BSC website and get started with a minimum investment of just $10. The $BTCBSC tokens can be purchased after connecting with a compatible crypto wallet such as MetaMask or Wallet Connect.
Stay updated with this cryptocurrency project by joining the Bitcoin BSC Telegram channel.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.