How to Buy BTC20 Tokens in 2023 – Complete Guide
BTC20 is a green ERC-20 version of Bitcoin built on the Ethereum blockchain. The token takes inspiration from the early days of Bitcoin, aiming to provide investors with an opportunity to relive the coin’s historical upward trajectory. The project aims to recreate the defining moments of Bitcoin within a new context. With this, the creators intended a token with semblance to Bitcoin’s historical development while also taking advantage of Ethereum’s smart contract features, particularly staking. In this complete guide, we will explore the step-by-step process of how to buy BTC20 tokens in 2023.
How to Buy BTC20 Tokens – Simple Steps
This guide will walk you through the simple steps of acquiring these tokens. By following the instructions below, you can become a part of the BTC20 project and explore the potential it holds.
For a more detailed BTC20 buying guide, please scroll further through the page.
- Step 1: Connect crypto wallet to presale: To buy BTC20 tokens, you will need to connect a crypto wallet, funded with ETH, to the presale event. Compatible wallets include MetaMask, Ledger and Zerion.
- Step 2: Swap cryptos for BTC20 token: After successfully connecting your wallet to the presale, swap ETH (or USDT) for BTC20 tokens.
- Step 3: Claim tokens after the presale: It will be possible to claim BTC20 tokens after the presale has ended. Follow the project on social media to stay informed about the progress of the presale.
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What is BTC20?
BTC20 is an advanced version Bitcoin that used Ethereum blockchain technology. The token is founded on the principles of Bitcoin and draws its inspiration from the initial stages of the coin, where it was sold for only a dollar. However, BTC20 stands out as a Proof-of-Stake (PoS) crypto token built on the Ethereum blockchain and uses the ERC-20 technology. Thus, the token offers investors the same benefits as Bitcoin but on a more advanced level.
The versatility and smart contract functionality of Ethereum make BTC20 a lot easier to use and provide numerous advantages, including accessibility, less energy consumption, advanced security, increased value for holders, and many mouth-watering rewards.
One of the significant reasons BTC20 was introduced is to serve as a solution to the excessively high energy consumption challenge faced by Bitcoin. Hence, the token offers advanced blockchain technology for seamless Bitcoin-related transactions.
Additionally, as stated earlier, one of the primary goals behind the introduction of BTC20 is to allow investors to buy the asset for $1 per BTC20 token and capitalize on the passive income staking mechanisms. By this, crypto enthusiasts have a legitimate and more sustainable alternative to Bitcoin.
With its numerous outstanding features and roadmap, the BTC20 team is working tirelessly to bring the project to fulfillment.
The BTC20 token economy encompasses different features, such as a staking rewards scheme, utility within decentralized applications, strategic collaborations, and governance rights within the BTC20 ecosystem. The purpose of these use cases is to give token holders greater value and usefulness, thereby enhancing the token’s stability and potential as a long term crypto.
The staking rewards contract will follow the original Bitcoin rewards schedule. The contract is 120 years long and will distribute rewards to holders at the same time as the original BTC block release. Staking BTC20 allows holders to earn passive income.
The total supply of BTC20 is 21 million tokens, which will be released in stages. The first stage is the presale, where 6.05 million BTC20 tokens will be sold, as was done in April 2011 for Bitcoin. Thus, selling for $1 per BTC20 token, 3 million tokens will be available for sale, and after that, another 3.05 million tokens will be up for sale.
At the end of the presale, all unsold tokens (about 14.95 million) will remain in a secured and immutable staking contract. This immutable contract serves as the foundation of the token economy, allowing users to actively stake their BTC20 tokens and profit from the distribution of staking rewards.
The BTC20 token staking comes hand-in-hand with the official launch under phase 2 of the BTC20 roadmap, which many expect to kick-start in Q4. This is where users will get BTC20 tokens in line with the rewards schedule, and BTC20 token holders will receive the locked-up unsold tokens as rewards, depending on how well they can work for it.
The staking mechanism creates a fair distribution of rewards based on the percentage of tokens staked. Therefore, the more tokens staked, the higher the share of rewards received. This will encourage investors to increase their stake which will drive demand for the tokens over time and ensure that the project remains bullish.
BTC20 is one of the best green cryptos to buy right now. The token is built on the sustainable ethereum blockchain and aims to offer an eco-friendly alternative to traditional Bitcoin.
The project also supports long term investing through the staking program, which encourages investors to hold their tokens over time. What’s more, the fixed total supply of 21 million tokens ensures scarcity and avoids the excessive inflation of the tokens. This approach allows for promoting the long-term value and stability of the token.
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BTC20 Project Key Features
As an advanced version of Bitcoin, the BTC20 project has numerous outstanding features that appeal to investors. We have taken the time to delve into the key features of the project to understand exactly what BTC20 brings to the table.
✔️ Buy the next Bitcoin for $1
BTC20 offers crypto enthusiasts an opportunity to buy the next Bitcoin for the lowest price they can imagine. The asset will be sold on presale for $1 per BTC20 token. This will provide investors who missed the opportunity to buy BTC for $1 and new chance to profit from potential returns.
✔️ BTC20 is more sustainable than Bitcoin due to no mining
Unlike Bitcoin mining, which requires high energy consumption to earn rewards, BTC20 offers a much more sustainable alternative. With BTC20, users merely have to stake their tokens and earn passive rewards without lifting a finger. This sustainability aspect makes BTC20 a better choice for environmentally conscious investors.
✔️ 120-year vesting contract
With a unique 120-year vesting contract, BTC20 allows tokens to be issued progressively over time. This sustained commitment guarantees stability and managed distribution, minimizing unexpected market effects. By putting this prolonged vesting time into place, BTC20 seeks to create a stable and long-lasting token ecosystem, building investor confidence and enticing them to invest in the long run.
✔️ Single-stage presale
This is Phase 1 of the BTC20 roadmap, where 6.05 million tokens will be available for sale at $1 per token to generate funds for marketing and expanding the BTC20 project. At the beginning of the presale, 3 million tokens will be up for grabs. Once it’s sold out, another 3.05 million tokens will be up for sale.
Unlike other crypto presales, BTC20 will have just 1 phase. This is due to the fact that the value of BTC20 tokens will remain the same throughout the presale event.
At the end of the presale, unsold tokens will be held in a staking contract until the tokens go live on exchanges at a price later determined. The purpose of holding the tokens in a staking contract is to ensure that a maximum of 21 million BTC20 tokens are supplied. It will also allow users to participate in the staking schemes and enjoy the rewards actively.
✔️ 100% of tokens available to the public
BTC20 ensures fairness and inclusivity by making 100% of tokens available to the public. This will prevent a pump and dump and also ensure that supporters are rewarded fairly.
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How to Buy BTC20 Tokens – Presale Event Explained
To buy BTC20 tokens in July 2023, you will need to take part in the token presale event. The presale is one of the best upcoming ICOs through which investors can buy BTC20 for just $1. The presale is set to end by the last day of July. The best time to get involved in the project is now. This section will walk you through the step-by-step process of acquiring BTC20 tokens, ensuring a smooth and successful buying experience.
Step 1: Buy ETH from eToro
BTC20 is an erc-20 token which means that it can be swapped for ETH or USDT. For the purpose of this guide, we will be using ETH.
Purchase Ethereum (ETH) from a reputable exchange such as eToro. To do this, open an account on the eToro platform and complete the necessary verification process. Once your account is set up, you can deposit funds into your eToro account using your preferred payment method.
With your funds available, navigate to the eToro trading dashboard and search for Ethereum (ETH). Review the current market conditions, including price and liquidity, and execute your purchase. It is crucial to carefully review transaction details and fees before finalizing the purchase to ensure transparency and avoid surprises.
Step 2: Move ETH to the eToro Money wallet
After purchasing ETH on eToro, the next step is to transfer your Ethereum to your eToro Money wallet. eToro Money is a separate app that can be used to send cryptos to external crypto wallets.
To initiate the transfer, log in to your eToro account and navigate to the Money section. Locate your Ethereum balance and select the “Withdraw” option.
Specify the amount of ETH you wish to transfer and select eToro Money as the recipient. The ETH will then be moved into your eToro wallet from your trading account.
Step 3: Transfer ETH to MetaMask
To participate in the BTC20 presale, you must transfer the ETH from your eToro Money wallet to MetaMask (or any wallet that is compatible with the presale).
Begin by opening your MetaMask wallet extension or app and accessing the wallet interface. Click on the “Receive” button to reveal your MetaMask wallet address. Copy this address to your clipboard.
Return to the eToro Money app, find your ETH balance and select the “Send” option for Ethereum. Paste your MetaMask wallet address as the recipient of the ETH and specify the amount you wish to transfer. Before confirming the transaction, carefully review the details to ensure accuracy. Once confirmed, the ETH will be sent to your MetaMask wallet.
Step 4: Connect MetaMask to BTC20 presale
The next step is to connect your wallet to the BTC20 presale platform. Start by visiting the official BTC20 website and locating the section or page dedicated to the presale event. Look for the option to connect your wallet or “Connect MetaMask.” Click on this option, and MetaMask will prompt you to authorize the connection.
Review the details MetaMask displays, ensuring you connect to the correct website. Once you have verified the information, confirm the connection. Your MetaMask wallet is now successfully connected to the BTC20 presale platform, allowing you to proceed with the token purchase process.
Step 5: Swap ETH for BTC20
Now that you are connected to the BTC20 presale platform, you can swap your ETH for BTC20 tokens. On the presale platform, locate the section for token swaps or exchanges. Select the option to swap ETH for BTC20 tokens, and the platform will present you with the necessary details.
Review the exchange rate and any associated fees before proceeding. If you are satisfied, confirm the swap transaction. The platform will execute the swap on the Ethereum blockchain, deducting the appropriate amount of ETH from your MetaMask wallet and providing you with the corresponding amount of BTC20 tokens.
Step 6: Claim tokens after presale
You will be able to claim BTC20 tokens after the presale has ended. Visit the BTC20 presale platform and navigate to the token claiming section. You will likely find a form or input field where you can enter your wallet address. Enter your MetaMask wallet address associated with the token purchase and submit the claim.
The platform will verify your eligibility and distribute the purchased BTC20 tokens to your wallet. Once the claiming process is complete, you will see the BTC20 tokens reflected in your MetaMask wallet, indicating that you now officially own them.
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BTC20 Project Roadmap
BTC20 follows a carefully planned roadmap inspired by the historic journey of Bitcoin, driven forward by the innovative concept of staking for passive income. The roadmap outlines vital phases and milestones BTC20 aims to achieve in the coming years.
Phase 1: Presale & Token Distribution (2023 Q3-Q4)
The roadmap begins with the presale phase, where 3 million BTC20 tokens will be available at $1 each. This initial offering sets the stage for the project’s fundraising and establishes a solid foundation for strategic partnerships, more development and marketing
To reflect Bitcoin’s market cap in 2011, the platform will put an additional 3.05 million tokens for sale as soon as the 3 million tokens soft cap target is reached.
Phase 2: Launch & Staking Activation (2023 Q4-2024 Q1)
After the presale, BTC20 will deploy an immutable and secure staking contract. With this agreement, all the unsold tokens (at least 14.95 million) will be locked, and this is the bedrock of the staking mechanism of the token. Apart from staking BTC20 tokens, users can also distribute staking rewards. Staking provides a passive income opportunity for token holders, further incentivizing their engagement with the project.
Phase 3: Development & Expansion (2024 Q1-Q4)
In this phase, the BTC2 ecosystem will concentrate on improving the credibility of the project. The team will focus on enhancing the efficiency and security of the staking contract, exploring potential strategic partnerships with players in the crypto space, and expanding BTC20’s utility within decentralized apps. This phase aims to establish BTC20 as a prominent player in the crypto ecosystem, fostering growth and adoption.
Phase 4: Long-Term Sustainability (2025 onwards)
BTC20’s ultimate goal is to attain sustainable development over the long-term. The staking contract will keep allowing stakers to get BTC20 tokens in accordance with the Bitcoin release schedule, which spans about 120 years. This gradual release of token allows a measured and fair distribution of rewards, thereby providing enough incentives for sustained community engagement. By fostering sustainability, BTC20 aims to create a lasting impact and deliver value to its community members for years.
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Pros and Cons of Buying BTC20 Tokens in 2023
Investing in BTC20 tokens in 2023 presents potential benefits and opportunities for investors. However, it is crucial to carefully consider the pros and cons before making any investment decisions. Here, we explore the advantages and disadvantages of buying BTC20 tokens to provide a well-rounded perspective on the project’s potential.
- BTC20 is a new cryptocurrency project with a lot of potential.
- The BTC20 token has a capped supply of 21 million tokens, which could make it more valuable in the long run.
- A strong team of developers backs the BTC20 project.
- The presale is a limited-time event, meaning that the price of BTC20 tokens could go up after the presale.
- The project is still in its early stages, so some risk is involved in investing in it.
- The BTC20 token is not yet listed on any major exchanges, so it can be challenging to buy and sell BTC20 tokens.
- The project is competing with several other new cryptocurrency projects.
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BTC20 Token Price Prediction
Investing in BTC20 tokens raises questions about the potential price trajectory of this cryptocurrency. While it is impossible to predict future prices with certainty, analyzing various factors can provide insights into possible price trends. Here, we present a speculative price prediction for BTC20 tokens, considering different timeframes.
2023 Price Prediction
Given that BTC20 is in its early stages, it isn't easy to make precise predictions for its price in 2023. However, if the project gains traction and attracts significant attention, we could expect the price to experience growth.
Factors such as successful presale results, partnerships, and market sentiment may contribute to a positive price trajectory. Some experts believe that the price of BTC20 tokens could reach $3 by the end of 2023.
2025 Price Prediction
Looking ahead to 2025, assuming the BTC20 project achieves milestones outlined in its roadmap, including development advancements and expanding utility within the crypto ecosystem, the price could potentially experience significant growth.
Increased adoption, wider recognition, and a maturing market could contribute to a positive price outlook. However, market dynamics and competition should also be considered when assessing price potential. Crypto experts, however, expect the coin to hit $10 by the end of 2025.
2030 Price Prediction
Long-term price predictions for cryptocurrencies come with even more significant uncertainty. By 2030, BTC20 could have established a more substantial presence in the market and evolved alongside industry trends. If the project achieves long-term sustainability and continues to offer unique features and benefits, it could capture a larger market share. This, combined with growing adoption and increased utility, may contribute to a positive price outlook.
In 2030, there is speculation among some experts that the price of BTC20 tokens could reach $100. This prediction is more on the bullish side, reflecting optimism regarding the potential success of the BTC20 project and the overall growth of the cryptocurrency market.
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Where to Buy BTC20 after the Presale?
After the presale phase, BTC20 tokens are likely to become available for trading on decentralized exchanges (DEXs). DEXs are platforms that facilitate peer-to-peer cryptocurrency trading without the need for intermediaries. These platforms control users' funds and prioritize security and privacy. Examples of popular DEXs include Uniswap, SushiSwap, and PancakeSwap.
Additionally, as the project gains traction and market demand increases, BTC20 tokens may also be listed on centralized exchanges (CEXs). CEXs are traditional cryptocurrency exchanges that act as intermediaries, matching buyers and sellers and providing liquidity. Well-known CEXs include Binance, Coinbase, and Kraken.
When buying BTC20 tokens after the presale, keeping an eye on official announcements from the BTC20 project regarding exchange listings is recommended. They will provide information about the specific exchanges where BTC20 tokens will be available for trading.
How To Buy BTC20 Tokens 2023- Conclusion
BTC20 represents an opportunity for investors to be part of a cryptocurrency project that combines historical inspiration with cutting-edge technology and sustainability. With its focus on eco-friendly solutions and the potential for passive income through staking, BTC20 offers a unique investment opportunity for those interested in sustainability and financial growth.
With its comprehensive plan for the future, dedicated community backing, and focus on sustainability, BTC20 is primed to make a lasting impact on cryptocurrencies and drive positive transformation. BTC20 offers a unique investment proposition that may attract seasoned investors and those looking to participate in the crypto space.
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