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Is the recent $25,000 drop in Bitcoin (BTC) a potential sign to evaluate investment opportunities in the thriving Bitcoin BSC (BTCBSC) alternative?
Priced at $0.99, this new crypto project has already raised $274k since its launch. Bitcoin BSC is a fusion of Bitcoin’s value and BNB Chain’s technology, offering an intriguing crypto opportunity reminiscent of Bitcoin’s early rapid growth. This makes it a notable choice, especially given Bitcoin’s recent challenges.
BTCBSC presale started, can this new coin match Bitcoin’s (BTC) potential?
The recently launched crypto project, Bitcoin BSC, has entered the scene with a modest market capitalization of just $6.063 million. This project introduces an eco-friendly staking system designed to encourage long-term holding and active community involvement.
Bitcoin BSC combines the enduring value of Bitcoin with the efficiency of the Binance Smart Chain (BSC), aiming to reshape the perception and utilization of token-based rewards. Bitcoin BSC operates as a BEP-20 token on the Binance Smart Chain, prioritizing staking as an alternative to traditional mining.
Holders of BTCBSC have the opportunity to generate passive income through staking, with rewards intricately tied to the number of tokens staked, a mechanism reminiscent of Bitcoin’s original block reward system.
The presale for Bitcoin BSC started on September 5th and raised over $270k, offering tokens at the current price of $0.99, equivalent to Bitcoin’s price back in April 2011.
🚀 Another great milestone for #BitcoinBSC!
Raising over 200K!
Thanks to everyone who has shown their support!
Join the #Presale now and be a part of the #Stake2Earn revolution!🌟
https://t.co/oM0YP8IlbV pic.twitter.com/G2FdmFtznn— Bitcoinbsc (@Bitcoinbsctoken) September 8, 2023
The presale has attracted significant attention within the crypto community, with some analysts speculating on the potential for substantial profits, possibly reaching 200x the initial investment.
During the presale, the team is making an initial 4 million tokens available, with an additional 2.125 million tokens held in reserve in case of a rapid sell-out. If all tokens are sold, the project’s hard cap will reach $6.125 million.
Any unsold tokens will be seamlessly added to the staking pool, enhancing the project’s sustainability and reward potential. For low-cap cryptocurrency investments, visit our guide on the top choices to buy.
Earning passive income with Bitcoin BSC
One of the most attractive features of Bitcoin BSC is its staking mechanism, which offers token holders an excellent opportunity to earn passive income. Unlike some cryptocurrencies that often experience significant price volatility and rapid dumps shortly after launch, staking plays a pivotal role in stabilizing prices.
This stability, in turn, creates a favourable environment for long-term holding and contributes to the sustained growth of the project. Bitcoin BSC provides investors with the opportunity to stake their tokens and reap rewards in return.
The staking rewards are directly proportional to the number of tokens staked and are distributed at ten-minute intervals. Notably, a substantial 69% of the total BTCBSC token supply has been allocated for staking rewards, ensuring an abundant supply of tokens for rewarding investors for an impressive 120 years.
The staking pool is already operational, offering 0.25 BSC per block in rewards. Currently, with 1616,062 Bitcoin BSC tokens actively staked, the estimated annual percentage yield (APY) stands at an impressive 1632%. This substantial yield reflects the project’s dedication to rewarding and incentivizing its loyal community of investors and stakers.
What lies ahead for Bitcoin BSC – Roadmap and tokenomics
BTCBSC’s goal is to enhance this concept by introducing a steadfast commitment to passive income rewards through a reliable stake-to-earn mechanism. Bitcoin BSC seeks to reshape the perception of Bitcoin by emphasizing proven methods while adopting a cost-effective and environmentally conscious approach for the benefit of all holders.
Bitcoin BSC is a project defined by its token structure and a roadmap that unfolds in several stages:
Stage 1: Presale starts
The initial phase aims to provide early supporters with the opportunity to purchase Bitcoin BSC at a low price, with 29% of the total tokens available during this stage.
Stage 2: Staking opens
Staking plays a central role in the Bitcoin BSC project. An audited and authenticated smart contract is set to be deployed and activated as part of the presale phase, incentivizing early participation in the staking process.
Stage 3: Token launch
The launch of Bitcoin BSC on a BNB Smart Chain DEX, with 2% of the supply locked in liquidity pools, ensures that the project becomes fully decentralized and community-owned.
Stage 4: Passive income
Bitcoin BSC is a proof-of-stake cryptocurrency that enables holders to earn rewards by staking their tokens. Rewards are distributed every 10 minutes, and the maximum supply will be reached in approximately 120 years.
Bitcoin BSC’s tokenomics are designed to be deflationary, mirroring Bitcoin’s model, with a total supply of 21 million tokens. During the presale, 6.125 million tokens will be available for purchase at $0.99 each, the same price as Bitcoin in April 2011.
Once the presale concludes, 14.875 million tokens will be locked in a staking contract, and any unsold tokens will also be added to this staking contract. Consequently, the majority of the circulating supply will be inaccessible, potentially leading to an increase in the price of the remaining tokens.
This setup means that early adopters who stake their tokens will enjoy the benefits of high returns, while newcomers who acquire tokens after the presale will likely face a premium price. This dynamic creates a strong incentive for early adoption and long-term holding, factors vital to the success of any cryptocurrency project.
How to purchase and claim BTCBSC
BTCBSC can be acquired through the official website, bitcoinbsc.io, which offers multiple payment options. These options include ETH or USDT (ERC-20), BNB or USDT (BEP-20), or card payments via Wert. The presale process involves two distinct contracts: one for ETH and another for BNB.
Once the presale phase concludes, all purchases made through the ETH contract will be seamlessly transferred to the BNB presale contract. Token claims will be processed using the BSC network. It’s important to note that if a user chooses to purchase with ETH, BNB will still be required to cover gas fees during the claiming process.
If you’re looking for alternative investment options, explore our concise guide to the top altcoins for 2023.
Conclusion
Bitcoin BSC (BTCBSC) emerges as an attractive alternative for those who missed the opportunity to acquire Bitcoin in its earlier stages. BTCBSC distinguishes itself from other Bitcoin forks by presenting a unique expansion strategy and competitive features.
Experts in the field are starting to recognize its potential, making it a project worth monitoring as 2023 comes to a close. To participate in the presale, please visit bitcoinbsc.io.
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