Details about Binance Bitcoin cryptocurrency
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Binance Bitcoin price charts
btcb exchanges
Binance Bitcoin, the crypto
Binance Bitcoin (BTCB) is a wrapped version of Bitcoin (BTC) issued on the Binance Smart Chain (BSC) blockchain. BTCB can be used to participate in decentralized finance (DeFi) applications on the BSC ecosystem while still providing holders with exposure to Bitcoin's price movements.
The point
The main point of Binance Bitcoin (BTCB) is to provide a fast and low-cost way for users to access Bitcoin (BTC) on the Binance Smart Chain (BSC) blockchain. This allows users to participate in DeFi applications that are built on the BSC ecosystem using Bitcoin without having to deal with the slower and more expensive transaction fees of the Bitcoin blockchain.
The problem
Binance Bitcoin (BTCB) tries to solve the problem of slow and expensive transaction fees on the Bitcoin (BTC) blockchain by providing a way for users to access Bitcoin on the faster and more affordable Binance Smart Chain (BSC) blockchain. This opens up Bitcoin to the world of DeFi applications and allows users to participate in the ecosystem without the limitations of the Bitcoin blockchain.
Compare BTCB and BTC performance
| Timeframe | BTCB | BTC |
|---|---|---|
| 1h change | -0.454433 % | -0.579702 % |
| 24h change | -0.26 % | -1.11434 % |
| 7 day change | 4.82 % | 4.67647 % |
| 14 day change | -1.76 % | -2.83858 % |
| 30 day change | 2.37 % | 1.48606 % |
| 200 day change | 135.64 % | 133.998 % |
| Year change | 150.86 % | 146.97 % |