How To Buy Bitcoin BSC (BTCBSC) in May 2024

Bitcoin BSC: The new “Bitcoin on Binance” with stake-to-earn benefits

Buy Bitcoin BSC

The best way to maximize profits from a new crypto project is to invest during the early stages of development. In this article, we will discuss how to buy Bitcoin BSC (BTCBSC) – a promising new project that has recently been launched on exchanges.

Bitcoin BSC is the latest bitcoin-inspired crypto to make waves in the crypto space and investors should be quick to buy before the price of the token increases.

BTCBSC is currently available to buy through the official website, which involves swapping BNB tokens for BTCBSC via a crypto wallet. Our in-depth buying guide will cover each step of the process so that you can invest with confidence.

Your Money is at Risk. 

How To Buy Bitcoin BSC on Presale – Simple Steps

The following is a brief overview of how to buy BTCBSC through the official website. Read our full Bitcoin BSC buying guide below for more detailed instructions.

• Step 1 – Download crypto wallet: Buying BTCBSC requires you to hold a crytpo wallet such as MetaMask or Trust Wallet.
• Step 2 – Fund Wallet: To buy BTCBSC, you will need BNB, ETH, or USDT in your wallet. We recommend using BNB because it offers low network fees and fast transactions.
• Step 3 – Connect wallet to BTCBSC website: Navigate to the official Bitcoin BSC website and click the ‘Connect Wallet’ button.
• Step 4 – Invest in BTCBSC: Enter the amount of BTCBSC that you would like to buy and confirm that transaction.
• Step 5 – Stake BTCBSC: Once you have purchased BTCBSC tokens, you can lock them in the staking pool to earn passive rewards. To do this, visit the official BTCBSC website.

Your Money is at Risk. 

What Is Bitcoin BSC?

Bitcoin BSC is a BEP-20 version of Bitcoin that is based on the Binance Smart Chain. The project allows crypto investors to purchase a bitcoin-based token at the price of $0.99 – the same price that the original BTC was launched at in 2011. In this sense, it is a new cryptocurrency that offers you the opportunity to invest in a crypto asset that has the potential to be as successful as Bitcoin. In spite of the similarities between Bitcoin and Bitcoin BSC, the two are unrelated. The original Bitcoin crypto is a Proof-of-Work cryptocurrency, whereas the new Bitcoin BSC is a Proof-of-Stake cryptocurrency.

When Bitcoin’s price reached $0.99 in 2011, it was still considered a niche investment, drawing only a small number of enthusiasts. Bitcoin reigns supreme among cryptocurrencies, with a price that has skyrocketed. The price of 1 BTC at the time of writing is $25,735. Early Bitcoin investors have made millions since 2011, when the price was $0.99. Bitcoin BSC holders have the same chance now: the price is forecast to soar before long.

BTCBSC tokenomics

Tokenomics plays a pivotal role in any reputable presale. Here’s an overview of the BTCBSC tokenomics that set it apart from other investment opportunities.

The Bitcoin BSC presale consisted of two phases, with the first being the soft cap. The soft cap represents the minimum amount the team must raise to successfully complete the project under favorable conditions. With a token price of $0.99, this soft cap had a total fundraising target of $3.96 million.

Once the soft cap was reached, an additional 2.125 million tokens were made available during the hard cap phase. Any unsold tokens from this phase will be incorporated into the Bitcoin BSC staking contract. In total, there will be 21 million tokens available.

The remaining 14.875 million tokens were added to the staking contract when the hard cap was reached. To establish a sufficient liquidity reserve, 2% of the presale token supply will be pre-mined.

Bitcoin BSC Staking

To outperform other Bitcoin clones, Bitcoin BSC relies on staking as a key feature.

BTC2.0’s recent performance, which should not be confused with BTC20’s, hasn’t been encouraging, while BTC20 shows consistent stability. One of the biggest reasons that BTC20 has remained stable is the project’s staking mechanism, which ensures that investors hold tokens long term instead of selling them after the presale. 

To ensure stable price growth, Bitcoin BSC follows a similar strategy as BTC20. The project will support token staking and will offer a high APY to the earliest adopters. The APY % will decrease as more people stake their BTCBSC tokens for passive rewards.

Bitcoin BSC and BTC20 have many similarities but also several differences. BTCBSC is a BEP-20 token on the BNB Smart Chain, while BTC20 adheres to the Ethereum ERC-20 standard.

Crypto staking has grown in popularity in the DeFi space, but setbacks in certain ecosystems, such as Terra Luna, have dampened enthusiasm. Despite this, transparent stakes with clearly defined yields continue to be popular.

The $BTCBSC token provides a 120-year yield spread in alignment with Bitcoin’s block schedule, using the BNB Smart Chain. In addition, 69% of BTCBSC tokens are reserved for rewards.

Holders earn profits according to how many tokens they stake and how long they commit to holding them. This feature stabilizes the token’s price and generates returns for users.

It is already possible to stake Bitcoin BSC before it is listed on exchanges. A dedicated dashboard on the Bitcoin BSC website provides information regarding stakers.

BNB smart chain technology

By its name, Bitcoin BSC is a cryptocurrency based on the Binance Smart Chain (BSC) Blockchain. Bitcoin BSC is the first bitcoin clone to be built on this network. Keep in mind that Bitcoin derivatives are cryptocurrencies that mimic the behavior of Bitcoin in some way. $BTCBSC’s developers wanted to give the same tokenomics as BTC with the advantages of PoS.

The Binance Smart Chain technology adds another advantage to this project because the Binance Chain offers low fees and fast transaction speeds. It is also compatible with ERC-20 standard applications such as MetaMask.

What Tokens can be Swapped for Bitcoin BSC?

It is possible to buy BTCBSC with BNB, ETH and USDT. Choose crypto that provides the lowest fees to maximize your returns. To cover the gas fees, you should ensure that you have sufficient cryptocurrency in your wallet. It is impossible to purchase Bitcoin BSC for 0.7 ETH, for example, if your wallet contains only 0.7 ETH.

It is recommended that you budget an additional 0.015 ETH for transaction fees. To complete the transaction, click ‘Buy Now’ if the purchase information meets your requirements. Whether you use USDT or BNB, the process is essentially the same.

Your Money is at Risk. 

Pros and Cons of Buying Bitcoin BSC in 2024

During the initial research phase, it is good to understand the advantages and disadvantages of an upcoming ICO. Before investing in Bitcoin BSC this year, here are some pros and cons.

How To Buy Bitcoin BSC in May 2024 – Complete Guide

Although Bitcoin is no longer available at a price of less than $1, BTCBSC offers investors an alternative similar to Bitcoin but offers several distinct advantages.

Follow the steps below to buy BTCBSC through the official Bitcoin BSC website:

Step 1: Buy ETH or USDT from eToro

You can buy Ethereum or BNB on eToro. Trading on the crypto trading platform is seamless, and fees are low.  You can register for eToro via the website or mobile app if you haven’t already. eToro’s registration process is remarkably simple.

You can use the eToro app or your eToro account to purchase ETH. Search for Ethereum on the website using the search box.

ETH can be purchased by choosing a payment method and entering the amount. There is also an option to accept other altcoins, bank transfers, and credit and debit cards. ETH will appear in your eToro account within a few minutes.

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.

Step 2: Move crypto tokens from eToro to MetaMask

The next step is to transfer the etheruem from your trading account to the eToro Money Wallet. The eToro money crypto wallet can send coins to external wallets, including etheruem wallets such as MetaMask.

The portfolio page on eToro allows you to transfer ETH to your money wallet. The transfer to eToro Money Wallet will be approved within minutes after you click “Transfer to eToro Money Wallet.”

Step 3: Connect MetaMask wallet to Bitcoin BSC website

Transfer Ethereum from eToro Money to MetaMask. You can do this by sending the tokens to your wallet address. Investors can also scan a QR code to enter an address in the MetaMask wallet app automatically. When you have entered the address and entered the SMS verification code, click the “Send” button.

The cryptocurrency will be sent to you within minutes or hours once eToro confirms the transaction.

The next step is to connect your MetaMask wallet to the BTCBSC website so that you can buy tokens.

Step 4: Swap ERC20 tokens for $BTCBSC

Enter the amount of BTCBSC you wish to purchase. There is a minimum purchase amount of $10 or 10 BTCBSC. Upon entering the amount and gas allowance (which should not exceed $3), you can select ‘Buy Now’ or ‘Buy and Stake.’

Tokens won’t be added to the staking pool immediately if you choose the first option; instead, they will be held in your wallet, when they can be staked, claimed, and sold.

Step 5: Stake BTCBSC tokens

If you wish to stake your tokens, you can do so through the Bitcoin BSC website.

Add tokens to your account balance from your wallet. Then, enter the amount that you wish to stake.

Your staking rewards will be shown in your account dashboard and you can withdraw these at any point.

Your Money is at Risk. 

Bitcoin BSC vs Other Bitcoin-inspired Tokens

There is a growing interest in Bitcoin derivatives that provide investors with the opportunity to invest in bitcoin at a low price. You can see this by looking at the success of Bitcoin Cash, Bitcoin SV, and especially BTC20, which provided investors with five times their investment. Bitcoin BSC is the newest member of this family. BTC20 investors will surely flock to Bitcoin BSC if they missed the opportunity to buy BTC20. The next Bitcoin clone could skyrocket to the moon, so there’s a good chance it will succeed.

Bitcoin BSC’s offering is very similar to BTC20. Therefore, the chances are good that it will achieve similar success, if not even greater. However, their most significant difference is the chain on which they are allocated. As $BTCBSC is established on the BNB Smart Chain, Bitcoin BSC is faster on BTC20, which uses Ethereum.

Bitcoin Cash and Bitcoin SV are two other Bitcoin-inspired tokens that have gained popularity in the crypto market. Among the Bitcoin clones, Bitcoin Cash is by far the most popular, and many websites now accept it as a payment method. The Bitcoin BSC, however, stands out because it offers a greater opportunity for staking and earning rewards than Bitcoin Cash or even Bitcoin SV.

Many tokens have followed the path set by Bitcoin, and investors now realize that Bitcoin clones are in high demand. The success of Bitcoin BSC may occur even more rapidly as the word spreads than the success of other Bitcoin derivatives.

Is Bitcoin BSC a Good Investment Right Now?

Numerous imitations of Bitcoin have already been created. What makes this one special? Here are some compelling reasons to invest in Bitcoin BSC in May 2024.

✔️ Bitcoin BSC passive income opportunity

Bitcoin BSC is based on staking. You can stake your $BTCBSC tokens immediately after purchasing them. You must lock your tokens for at least 7 days to earn rewards. Staking pools comprise the vast majority of tokens. Investors who stake their tokens will receive rewards every ten minutes. Basically, you can earn a substantial income while staying at home if you lock enough tokens in the pool.

✔️ Interest in Bitcoin tokens could rise due to upcoming halving event

It costs $ 0.99 to purchase Bitcoin BSC today, the same price it cost back in 2011. Purchasing Bitcoin at today’s prices will cost you $25,7000.

Considering Bitcoin BSC’s relatively low price, contributors may be sitting on considerable upside potential during the Bitcoin halving bull run.

Historically, this event has resulted in mind-melting bull runs on the original Bitcoin network every four years.

In particular, the price of quality Bitcoin derivatives such as $BTCBSC will benefit from this halving. Bitcoin BSC has a total token supply of 21 million, the same as Bitcoin. A total of 6125,000 tokens will be sold through the presale, giving BTCBSC a market capitalization of $6,063,750.

Conclusion

Buying Bitcoin BSC in May 2024 could yield a return of five to ten times your investment. Cryptocurrencies like this one are currently the best derivatives of Bitcoin because of their characteristics. It offers faster, cheaper, and more environmentally friendly transactions than its competitors.

In this guide, we have covered exactly how to buy Bitcoin BSC and how to stake the tokens for passive income. It will be possible to buy BTCBSC on the Binance DEX in the near future, investors who wait until the launch to purchase will miss out on the low price. Therefore, the best time to invest in Bitcoin BSC is now.

Your Money is at Risk. 

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