Bitcoin News
By James Thorp
1 / 11
Bitcoin BEP2 (BTCB) and DeFi
2 / 11
BEP2 is a token management process with a set of rules and pre-defined criteria which is implemented to launch on-chain assets on the Binance Chain.
3 / 11
For clarity, 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.
4 / 11
There are some exchanges like Coinbase who do not support the Bitcoin BEP2. For clarity, BTCB is a BEP2/BEP20 asset wrapped on Binance Chain and Binance Smart Chain with a 1:1…
5 / 11
It is important to note that BTCB is not a substitute for BNB. However, BTCB has played a greater role in making possible a greater selection of trading options, higher trading…
6 / 11
BTCB can be used with DeFi Apps and this token is a strategic creation of Binance to penetrate in to the DeFi market which is already dominated by Ethereum-only applications.
7 / 11
BEPSwap, decentralized finance application provides for cross-chain liquidity network, THOR Chain, making decentralized trading possible for all the BEP2 tokens.
8 / 11
When compared to Uniswap on Ethereum, BEPSwap provides for seamless and secure conversion of digital assets.
9 / 11
The major advantage of BEPSwap is instant asset swapping, BNB and BEP2 token staking in liquidity pools to earn trading fees, pool price monitoring via API or interface to earn…
10 / 11
It has been established that Binance Chain’s low transaction fees and fast confirmations has made BEPSwap to be able to provide for superior decentralized trading…
11 / 11
A wide variety of BEP2 assets not limited to just the Binance Coin (BNB) can be swapped like the Binance USD (BUSD), Binance Coin (BNB), Travala.
The Currency Analytics
Want the full story?