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. Large buy orders will be maintained on the trading pair on Binance.com, with a price spread of around 0.1%.
This provides a way for anyone to convert from the pegged token back into the native coin on Binance.com. If this buy order is filled, a new order will be placed while an equal amount of funds will be deposited from the reserve address into Binance.com.
The sum of the buy order and the funds on the published reserve address will be bigger than the total supply of the pegged token, which would theoretically ensure 100% backing.
* Forex Rating accepts no liability for any errors in the Bitcoin BEP2 Price or BTCB Information. For the most recent information please visit the Bitcoin BEP2 official site.
# | Cryptocurrency | 7 days | |
1 | Bitcoin | 5.84% | |
---|---|---|---|
2 | Ethereum | 5.16% | |
3 | Tether USDt | -0.02% | |
4 | BNB | 13.81% | |
5 | Solana | 19.09% | |
6 | USDC | -0.02% | |
7 | XRP | 12.72% | |
8 | Dogecoin | 5.17% | |
9 | Toncoin | -6% | |
10 | Cardano | 12.25% | |
11 | Shiba Inu | 21.92% | |
12 | Avalanche | 13.89% | |
13 | Polkadot | 11.96% | |
14 | Wrapped Bitcoin | 6.02% | |
15 | Lido stETH | -3.32% | |
16 | Bitcoin Cash | 6.78% | |
17 | TRON | 2.48% | |
18 | Wrapped TRON | 2.25% | |
19 | Chainlink | 15.26% | |
20 | NEAR Protocol | 32.06% |
# | Broker | Cryptos | |
1 | HFM | ||
---|---|---|---|
2 | Octa | ||
3 | FXCC | ||
4 | FxPro | ||
5 | Vantage | ||
6 | MultiBank Group | ||
7 | Errante | ||
8 | Efixxen | ||
9 | Exness | ||
10 | Just2Trade | ||
11 | FXTM | ||
12 | Dukascopy | ||
13 | easyMarkets | ||
14 | eToro | ||
15 | Forex4you |
Buying on dips remains the dominant tactic in the crypto market. Capitalisation rose 1.8% in seven days to $1.65 trillion. Previously, the 'what doesn't rise, falls' formula was often applied to cryptocurrencies, however, recent attempts to sell off after a period of stabilisation have been met with increased buying.
5 Feb 2024
Crypto market capitalization at around $1.62 trillion is less than 1% higher than it was seven days ago, thanks to a growth spurt on Friday. Bitcoin has added 3% in the same period and continues to be the driving force behind crypto volatility.
29 Jan 2024
Volatility in the cryptocurrency market remains subdued, keeping the capitalisation near $1.56 trillion for the third day. Meanwhile, Bitcoin remains around $40K, and Ethereum looks pegged to $2200...
26 Jan 2024
The crypto market saw lower volatility in the last 24 hours, with capitalisation at $1.56 trillion and the price of Bitcoin hovering around $40K. Major altcoins have also avoided strong moves...
25 Jan 2024
Bitcoin reversed to the upside on Tuesday afternoon. The price drop to $38.5K attracted buyers on the background of another update of all-time highs by leading US indices, which supported risk appetite...
24 Jan 2024
The crypto market lost over 5% in 24 hours, to $1.52 trillion. Bitcoin has remained under pressure since the start of the week after pausing in the sell-off on Saturday and Sunday...
23 Jan 2024
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