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Bitcoin BSC, an alternative to Bitcoin and one of the fastest-growing cryptocurrency projects, has successfully reached its soft cap. While several major coins are struggling, the new $BTCBSC token has managed to raise over $4.6 million in its presale in just a little over two weeks.
As a Bitcoin alternative on the Binance Smart Chain (BNB), the $BTCBSC presale shows no signs of slowing down. It’s swiftly approaching its $6.06 million hard cap, generating significant interest in the crypto trading communities.
Bitcoin, the world’s largest cryptocurrency, currently faces a significant challenge as it seems to be resisting the bullish trend. As of now, Bitcoin’s price is $26,568, marking a 61.38% decline from its all-time high two years ago.
Consequently, investors are increasingly evaluating the potential for more favorable returns by considering new cryptocurrencies with lower market capitalizations.
BTCBSC Presale Surpasses $4.6 Million Milestone
Bitcoin BSC introduces a novel project offering a replication of Bitcoin as it existed in April 2011, when BTC was priced at less than $1 and the circulating supply amounted to a mere 6 million tokens.
Out of the 21 million token supply, 6.125 million $BTCBSC tokens have been assigned for the presale, making up 29% of the total supply. During the presale, $BTCBSC tokens are available at a fixed price of $0.99, with the objective of achieving an initial market capitalization exceeding $6 million by the conclusion of the presale.
Any unsold tokens from the presale will be incorporated into the staking contract, potentially enhancing the value of $BTCBSC. This reduced circulating supply can contribute to price appreciation as demand increases.
$BTCBSC can be acquired using BNB, ETH, or USDT, with a minimum investment of $10, and tokens obtained during the presale can be staked with a mandatory seven-day minimum locking period.
Watch the full Bitcoin BSC presale update in the video above, and subscribe to his YouTube channel for additional crypto-related content. Jacob Crypto Bury also runs a Discord channel with 17,000 members, offering trading tips and insights into upcoming crypto presales.
A Greener Alternative with Staking Rewards and Improved Consensus
Bitcoin BSC not only provides a second opportunity for buyers to invest in BTC before its price surge but also addresses Bitcoin’s significant drawback – its Proof-of-Work (PoW) consensus mechanism. Bitcoin’s PoW has faced criticism in the crypto community for its high cost, inefficiency, and environmental impact.
Bitcoin BSC adopts a stake-to-earn feature, offering a greener alternative to Bitcoin’s PoW algorithm. As a Proof-of-Stake (PoS) token on the Binance Smart Chain, $BTCBSC delivers enhanced scalability and faster, more cost-effective transactions compared to Bitcoin, while also enabling users to earn staking rewards.
Following a token release schedule similar to Bitcoin’s, with a distribution span of approximately 120 years and block confirmations since April 2011, $BTCBSC Tokens will be released accordingly.
🚀 Experience the mission of #BTCBSC! 🔑
Once accessible only to tech insiders, now available to everyday #Crypto enthusiasts.
Powered by BNB Smart Chain, it offers speed, security, and efficiency.
Check out our whitepaper for details!💎📑 pic.twitter.com/gswjUb6Gce
— Bitcoinbsc (@Bitcoinbsctoken) September 23, 2023
Community members who stake $BTCBSC within the ecosystem will gain access to newly released tokens through the staking mechanism. Staking incentives are proportional to the amount staked, determining the annual percentage yield (APY) and passive income generated within the ecosystem.
Currently, Bitcoin BSC offers an estimated 112% APY on staking $BTCBSC, with over 2 million tokens already staked. As more community members participate in staking, the APY will gradually decrease.
The account balance grows due to the compounded interest with each block confirmation, resulting in staking rewards. By staking their tokens, community members secure long-term earnings within the Bitcoin BSC ecosystem. Take part in the $BTCBSC presale at bitcoinbsc.io.
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