How To Buy Green Bitcoin (GBTC) in November 2024
Bitcoin is one of the most anticipated cryptocurrencies in November 2024 thanks to the upcoming halving that is set to take place in April 204. As a result, Bitcoin derivatives are predicted to perform well over the next few months as investors rush to diversify their Bitcoin portfolios with different BTC instruments. One Bitcoin derivative that has recently started its presale is Green Bitcoin (GBTC) – a green version of Bitcoin that will use a gamified staking model to reward investors.
Green Bitcoin allows investors to reap the rewards of Bitcoin without investing an the energy-intensive original coin. The project is positioned to do very well alongside other Bitcoin derivatives. In this guide, we will take a look at how to buy Green Bitcoin for a discount during the ongoing presale event.
How To Buy Green Bitcoin (GBTC) Overview
- Green Bitcoin is a sustainable version of Bitcoin that uses a gamified-staking model to reward investors.
- The token is currently available to buy at a discount during the ongoing crypto presale. Here, it is possible to invest on Green Bitcoin before the price increases.
- The price of GBTC will increase at each stage of the presale which means that early investors will see the highest returns.
- Green Bitcoin is an ERC20 token which means that investors can buy with ETH or USDT.
- To buy GBTC from the presale, you will need to connect your crypto wallet to the official Green Bitcoin website and swap ETH or USDT for GBTC.
The price or value of cryptocurrencies can rapidly increase or decrease at any time. You must be satisfied that this crypto offering is suitable for you in light of your financial circumstances and attitude towards risk.
What Is Green Bitcoin (BTC)
Green Bitcoin is a Bitcoin derivative built on the Ethereum blockchain that will allow investors to benefit from Bitcoin gains while investing in a sustainable crypto project.
Green Bitcoin employs an innovative gamified staking model that will reward investors with passive returns for locking up their tokens. The crypto staking model will ensure that all investors can receive returns on their initial investment, which will encourage long-term holding.
Investors who lock up their tokens will be able to participate in weekly challenges to increase their rewards. The challenges will be held live which adds a layer of excitement to the project and will foster a thriving community for investors.
The aim of Green Bitcoin is to provide investors with a sustainable alternative to Bitcoin that will reap similar returns to the largest cryptocurrency. Bitcoin derivatives are predicted to perform well alongside the upcoming Bitcoin halving which makes Green Bitcoin a promising project to consider.
Green version of Bitcoin
One of the key USPs of Green Bitcoin is that it provides investors with a sustainable alternative to traditional Bitcoin investing. GBTC is built on the Ethereum blockchain network which is less energy-intensive than the Bitcoin blockchain network.
This is because Ethereum employs a proof-of-stake consensus mechanism rather than proof-of-work. Furthermore, the staking process will reward investors with extra returns for correctly predicting the outcomes of live crypto games. If an investor’s prediction lands in the ‘green’ zone, they will be rewarded lucratively.
Gamified staking
The Green Bitcoin projects aims to encourage long-term participation through gamified staking. This model will reward stakers with extra returns by participating in live weekly games. These games provide participants with a chance to boost their staking rewards.
Staking rewards will be based on the quantity of tokens staked as well as the duration of staking.
- Daily stakers: Investors who stake tokens daily will receive a straightforward portion of rewards.
- Weekly stakers: Weekly stakers can receive a 5% reward bonus.
- Monthly stakers: Investors who stake their tokens monthly can receive a 10% reward bonus.
- 6 month stakers: Stakers who stake their tokens every six months will be entitled to a 15% reward bonus.
Green Bitcoin Roadmap
Green Bitcoin has a strong roadmap that will support long term project participation and facilitate growth and expansion over time.
The ‘Green Map’ has four stages. The first stage of the roadmap sees the launch of the Green Bitcoin presale through which GBTC tokens can be bought for a discounted price. The presale will build a strong foundation for the future of the project.
In the second stage of the roadmap, the Bitcoin price guessing game will be launched. Investors will be able to stake their GBTC tokens are participate in the game to increase their rewards.
In stage 3, GBTC will be launched on DEX. Some of the total token supply will be locked at this stage of maintain liquidity and keep trading smooth.
Stage 4 will focus on building the community and encouraging staking participation. Investors will be able to take part in weekly games to earn passive rewards and maximize their returns.
The price or value of cryptocurrencies can rapidly increase or decrease at any time. You must be satisfied that this crypto offering is suitable for you in light of your financial circumstances and attitude towards risk.
GBTC Tokenomics
GBTC is an ERC20 token that is built on the Ethereum blockchain network. The total supply of tokens is 21 million and the supply will be distributed over the presale, staking rewards, marketing, exchange listings and community rewards.
Here is an overview of the token distribution:
- Presale – 40%
- Staking rewards – 27.5%
- Marketing – 17.5%
- Exchange listings – 10%
- Community rewards – 5%
Green Bitcoin presale
The Green Bitcoin token presale provides investors with a chance to buy GBTC for a discounted price. The aim of the presale is to build a solid foundation for the project and maximize returns for early investors.
The price of GBTC tokens will go up at each stage of the presale. This means that the earlier you invest, the higher your potential returns will be.
It is possible to start staking GBTC during the presale to make the most of the generous APY. This is a good way to take advantage of the low token price and start earning passive returns.
Why Is Green Bitcoin a Good Invest in 2024?
So, why buy Green Bitcoin in 2024? In the following section, we will take a look at the key reasons to consider Green Bitcoin as well as the current Green Bitcoin price prediction.
Bitcoin derivatives will pump during the upcoming halving
One of the main reasons that Green Bitcoin is a good investment right now is that Bitcoin derivatives are predicted to do well during the upcoming Bitcoin halving. In April 2024, the total supply of BTC will be half, which will increase reduce the number of tokens in circulation and send the price upwards.
Bitcoin derivatives are likely to benefit from this trend as investors diversify their portfolios with different types of Bitcoin assets. Green Bitcoin is one of the newest derivatives that has attracted the attention of sustainable investors.
The first gamified staking model
Green Bitcoin is the first Ethereum-based project to introduce a gamified staking model. This is likely to spark interest among investors and encourage long-term project participation. The game element of the model will make the staking process exciting and provide investors with a chance to increase their rewards.
Discounted entry price
Green Bitcoin is currently available to buy at an undervalued price through the presale event. Many investors believe that the value of GBTC will pump after the presale which means that now is the best time to invest if you want to buy GBTC for cheap.
Furthermore, the price of Green Bitcoin is set to increase at each stage of the presale. This means that early investors will receive guaranteed returns by the end of the upcoming ICO.
How To Buy Green Bitcoin (GBTC) in November 2024
If Green Bitcoin sounds like it would be a good addition to your crypto portfolio, we will cover how to buy GBTC from the presale in the next section of our guide.
Before investing in new cryptocurrencies, make sure to conduct your own research into the project. It is also important to understand the risks involved with investing in presales, which are discussed further down in this guide. Although Green Bitcoin has attracted positive price predictions, there is no guarantee that the crypto will old its value after the presale. Only invest money that you can afford to lose.
Step 1: Fund your crypto wallet with ETH
If you don’t already have one, you will need to set up an Ethereum crypto wallet to be able to participate in the Green Bitcoin presale event.
Once you have created a wallet, the first step of buying GBTC is to fund your wallet with ETH. Some wallet providers allow you to buy crypto directly through the wallet. if not, you can buy Ethereum from our recommended exchange Coinbase, and transfer the tokens to your wallet in minutes.
Make sure to buy enough ETH to cover the cost of purchasing GBTC as well as the transaction fees that are involved. The minimum amount of ETH that you can buy from Coinbase is $1.
Step 2: Connect your wallet to the Green Bitcoin presale
Connect your crypto wallet to the Green Bitcoin presale by clicking ‘connect wallet’ and then choosing the correct wallet provider. You will then be asked to confirm the connection by typing your wallet password.
Step 3: Swap ETH for GBTC
Once you have connected your wallet to the presale, you will be able to swap the ETH from your wallet for GBTC.
Use the order form on the dashboard to select how much ETH you would like to swap for Green Bitcoin. Remember to leave enough ETH in your wallet to cover transaction fees.
You can also buy GBTC with USDT, BNB or debit card. These options may be suitable for investors who already own tokens and want to skip step 1 of the buying process.
The price or value of cryptocurrencies can rapidly increase or decrease at any time. You must be satisfied that this crypto offering is suitable for you in light of your financial circumstances and attitude towards risk.
Step 4: Stake GBTC
It is possible to start staking Green Bitcoin tokens before the presale ends. This is the best way to maximize your returns and start earning passive rewards immediately.
To stake your tokens, head to the staking dashboard and select ‘stake’. You will then be able to select how much GBTC you would like to lock up in the staking pool. You can withdraw your tokens from the pool at any time through the same dashboard.
Step 5: Claim tokens after presale
You will be able to claim your GBTC tokens after the presale has ended. To claim tokens, go to the official Green Bitcoin website, connect your wallet, and select ‘claim’. You must use the same crypto wallet that you bought the tokens with to claim them.
Once you have claimed your tokens, you will be able to trade then on exchanges or continue staking to receive passive rewards.
The price or value of cryptocurrencies can rapidly increase or decrease at any time. You must be satisfied that this crypto offering is suitable for you in light of your financial circumstances and attitude towards risk.
What Are The Risks of Buying Green Bitcoin at Presale?
Cryptocurrency presales provide investors with an opportunity to participate in new projects at a low price. However, investing in presale tokens can be risky. Here is an overview of the main risks that come with buying Green Bitcoin at presale.
There is no guarantee that investors will hold long-term
One of the main risks that comes with investing in presales is that there is no way of knowing whether other participants will continue to hold their tokens long-term. In a lot of cases, presale investors sell their tokens as soon as the presale ends to bag their profits.
If this happens, the price of the token can suddenly drop which could catch out investors who are unable to sell their investment in time.
The team behind Green Bitcoin has developed a strong roadmap that aims to encourage long-term participation. Investors will be able to use their tokens to participate in live games and be rewarded with bonus staking rewards. For this reason, some investors believe that Green Bitcoin has long-term potential. However, it is advisable to be wary and watch out for a change in investor sentiment towards the end of the presale event.
The upcoming Bitcoin halving could cause volatility in Bitcoin derivatives
Although the upcoming halving event has the potential to increase the value of Bitcoin derivatives, it could also cause major volatility in the market. Volatility increases the risk of investing in Green Bitcoin because it is difficult to predict potential price movement in a volatile market.
Therefore, investors must stay up to date with market news and conduct careful analysis before making any investment decisions.
Green Bitcoin is not the first Bitcoin derivative
Green Bitcoin is not the only Bitcoin derivative available to investors. This means that there is strong market competition. Other tokens such as Bitcoin Minetrix and Bitcoin ETF have already managed to attract investors and dominate the market.
However, Green Bitcoin is the first derivative to offer gamified staking which sets it apart from other projects and incentivizes long-term participation.
How To Buy Green Bitcoin Safely
- Diversify your portfolio: You can reduce your exposure to risk by spreading your investments across a basket of different cryptocurrencies. When investing in crypto presales, it is also a good idea to invest in more established tokens such as cryptos in the top 10 market cap.
- Don’t invest more than you can afford to lose: Never invest more than you can afford to lose in a crypto presale. There is no guarantee that the value of your investment will go up and there is always a chance that you will lose money.
- Use a private internet connection: Crypto presales often attract hackers who may attempt to uncover your payment details through the presale event. For this reason, you should always use a private and secure internet connection when buying tokens from a presale. It is also a good idea to double-check the validity of the presale website before proceeding with your purchase.
- Stay up-to-date with market news: As a crypto investor, you should stay up-to-date with the latest market news so that you can be prepared for changes in sentiment or events that may cause volatility. The Green Bitcoin project has a Telegram and X channel through which the team will share updates and project news. It is a good idea to follow both of the channels.
The Verdict
Green Bitcoin is the latest Bitcoin derivative that will reward investors through a lucrative staking model. The tokens are currently available to buy for a low price through the ongoing presale event which will be held in stages until all tokens are sold out. The price of GBTC will increase at each stage of the presale which means that the earlier you invest, the higher your returns could be.
In this guide, we have covered how to buy Green Bitcoin from the presale using ETH. It is also possible to invest with USDT, BNB, or debit card. To buy Green Bitcoin, connect your crypto wallet to the presale event and swap ETH for GBTC. Investors can stake their tokens as soon as they buy them to take advantage of staking rewards.
The next Bitcoin halving event is set to take place in April 2024 which could cause a bull run for Bitcoin derivatives. However, investing in crypto presales is risky and investors should always take the necessary steps to minimize their risk exposure before putting any capital at risk.
The price or value of cryptocurrencies can rapidly increase or decrease at any time. You must be satisfied that this crypto offering is suitable for you in light of your financial circumstances and attitude towards risk.
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