What is Bitcoin BEP2 ? | All about Bitcoin BEP2 in Short | Crypto Currency Bitcoin BEP2

What is Bitcoin BEP2?

Bitcoin BEP2 is a Bitcoin pegged token issued on Binance Chain by the crypto exchange Binance. Pegged tokens such as BTCB, are 100% backed by the native coin in reserve, which is Bitcoin (BTC) in BTCB's case.

When was Bitcoin BEP2 invented ?

A trading pair will be created on Binance.com between the pegged token and the native coin, e.g., BTCB/BTC. Large buy orders will be maintained on the trading pair on Binance.com, with a price spread of around 0.1%.

Importance of Bitcoin BEP2?

BTCB is a BEP2 token that is 100% backed by Bitcoin (BTC). The reserve addresses are published for anyone to audit. A trading pair will be created on Binance.com between the pegged token and the native coin, e.g., BTCB/BTC.

Future of Bitcoin BEP2?

There's a real divided picture when respondents are asked how much a Bitcoin will be worth in 2030. Just 4.8% believed that it had the potential to be worth more than $500,000, while 5.5% set a range of between $100,000 and $50,000.