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The Cryptonews.com YouTube channel reviewed the BTC20 presale, a background of the new crypto project and how to buy BTC20 token.
BTC20, the rapidly expanding ‘new Bitcoin’ project, has successfully reached its soft cap, securing its promising future. Within a mere two-week period, BTC20 managed to raise over $5.2 million, and the growing hype around the project shows no signs of slowing down.
BTC20 presale demand surges, and strong FOMO sentiment is predicted
The BTC20 presale successfully raised $1 million in just 24 hours following the drop in Bitcoin’s value below $30,000, attracting eager investors anticipating a cryptocurrency rebound.
The high demand signifies a strong FOMO sentiment for BTC20, indicating a potential quick sellout. Fundraising has already surpassed the $3 million soft cap, and the remaining presale allocation is rapidly being sold to reach the $6 million hard maximum.
According to experts, the novel stake-to-earn system that is a component of the BTC20 token and built on the Ethereum blockchain will be what drives BTC20’s scarcity and subsequent price appreciation. This approach aims to recreate the historical significance of April 2011, when a single Bitcoin was priced at $1 with 6.05 million in circulation.
To mark this occasion, BTC20 is offering a remarkable 6.05 million $BTC20 tokens for just $1. This provides early adopters with an opportunity to invest in an improved version of Bitcoin at an affordable price.
Like Bitcoin, $BTC20 will have a total supply of 21 million tokens. The remaining tokens will be locked in the stake-to-earn contract, providing incentives for the next 120 years. Get ahead in the crypto market with our guide, featuring the best ICOs for potential investment opportunities.
How do $BTC20’s staking rewards fuel community growth?
$BTC20 tokens are allocated based on the original Bitcoin block reward schedule, following the validated staking mechanism of the BTC20 staking contract. Engaging in staking within this user-friendly proof-of-staking environment grants participants a share of the benefits.
Higher staking amounts result in larger payouts. Staker accounts receive $BTC20 tokens upon confirmation of new blocks on the original Bitcoin blockchain. After the presale, the entire $BTC20 supply will be reserved for the community.
This signifies a substantial commitment, as the team will lock in at least $14.95 billion in the staking contract. The stake-to-earn ecosystem serves as the driving force behind a community-oriented project, where all stakeholders’ contributions lead to its success.
Investors staking their $BTC20 tokens not only benefit from staking profits but also from the token’s increasing value. The staking contract mandates that users stake their tokens for incentives, removing them from circulation and prohibiting their sale.
As a result of limited availability following the presale, there is expected to be a scarcity of $BTC20 in the market, posing difficulties for newcomers trying to obtain it. Traders may also encounter challenges acquiring tokens at the initial $1 presale price.
Consequently, experts anticipate that the price of $BTC20 will experience a remarkable surge, surpassing 20x its initial value. Therefore, the user-friendly staking ecosystem encourages people to participate in the project. This fosters a sense of commitment and loyalty within the community.
The seamless staking process encourages long-term token holders, contributing to the project’s stability and growth over time. This sustained engagement strengthens the bond between stakeholders and the initiative. It creates a supportive and thriving community around $BTC20.
Last chance to secure $BTC20 tokens as presale approaches hard cap
At present, the BTC20 presale is underway and has achieved significant success, surpassing $5.2 million in funds raised while maintaining a stable token price of $1. During the $BTC20 presale, the first soft cap of $3 million was reached.
🚀 $5M Raised💰
We’ve hit an incredible milestone! Thanks to the unwavering support of our amazing community, the $BTC20 presale has now raised over $5 million! 🎊🙌
We are getting closer to the end of the presale, so don’t miss out on this incredible journey.
Join the $BTC20… pic.twitter.com/G1P8xhicu0
— BTC20 (@BTC20Token) July 29, 2023
Additionally, there are still 3.05 million more $BTC20 tokens available for purchase, allowing the total amount that can be raised to reach the hard cap of $6.05 million. Prospective purchasers still have the opportunity to take part in the presale.
They can obtain the tokens they desire as long as the predetermined maximum amount has not yet been reached. As Bitcoin investors look into other investment opportunities, the much-anticipated launch of a new cryptocurrency will likely take place within the next few weeks.
The funds raised will play a vital role in ecosystem expansion, advertising, and forming partnerships. Given the enticing stake-to-earn prospects presented to investors, it’s not surprising that the BTC20 presale was such an astounding success.
Investors are encouraged to act quickly to acquire $BTC20 at the presale price of $1 before the supply runs out, as there is likely to be a substantial price increase once $BTC20 is listed on exchanges. Don’t miss out on this chance to get in early and benefit from potential future gains.
How to buy BTC20 ($BTC20)
Despite others passing on the opportunity to get Bitcoin for a dollar, you can still buy $BTC20 tokens at the same initial price. Let’s simplify the buying process by breaking it down into these easy-to-follow steps.
Step 1: Create a crypto wallet
MetaMask, Ledger, and Trust Wallet are among the digital wallets compatible with the BTC20 presale site. Apart from its mobile app, MetaMask provides a browser plugin as well.
The presale site features a convenient widget named “WalletConnect,” which facilitates connections with both Trust Wallet and Ledger. For mobile users, the Binance-affiliated Trust Wallet is available for download on the Google Play Store and Apple App Store.
Moreover, accessing the BTC20 website is possible using your email address and the “Web3Auth” service.
Step 2: Pay with a card or cryptocurrency
For purchases on the BTC20 presale website, users will need ETH, USDT, or BNB. These are available through a cryptocurrency exchange. Once the desired cryptocurrency is acquired, it can be sent to your wallet or used for direct purchases.
Additionally, an external service provider allows card payments to be processed. For this transaction, the address of your cryptocurrency wallet will be required.
Step 3: Link a wallet to the account
Before purchasing BTC20 on the presale platform, you must have a digital wallet connected. To convert your desired cryptocurrency to BTC20, simply go to “connect wallet,” select your preferred cryptocurrency wallet, and click on the “convert” option.
Step 4: Purchasing $BTC20
To exchange a specific amount of cryptocurrency into BTC20, establish a wallet connection and input the desired conversion amount. Click “Buy $BTC20 Tokens” and follow the on-screen instructions to complete the purchase, considering the gas cost involved.
Step 5: Claiming $BTC20
Withdrawal of $BTC20 tokens purchased before the presale ends is not permitted. To claim the tokens, visit the BTC20 presale website, select ‘Claim,’ and complete the payment to receive them.
For updates on launch and claim dates, refer to the portal. Stay informed about claim time, date, and future listings by following BTC20’s Twitter account. Take part in the $BTC20 presale at btc20.com.
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