New Cryptocurrency Bitcoin BSC Launches Presale, Raises $1 Million Week One
The cryptocurrency market remains in a slump, with Bitcoin unable to break out of the $25K – $26K price range. Experts believe that BTC will fall below the crucial 500 Billion market capitalization, especially with the delays in a spot BTC approval and the worsening global economy.
Investors are now preparing for more Bitcoin bearishness and pivoting to alternate investment avenues, with the new Bitcoin BSC token establishing itself as a strong contender.
The token has had a blazing start to its ICO, having already raised over $1 million in just six days. This presale tally will only continue to surge as dissatisfied BTC investors switch to Bitcoin BSC for its high staking rewards and powerful BEP-20 design, all at a cheap price of $0.99.
Grab Bitcoin BSC For $0.99 Before 10x Bull Rally
At its today’s price of $25,800, Bitcoin simply does not have the same growth potential as it did in its early days when it was trading below the $1 mark. A $100 investment in BTC in April 2011 would be worth over $2.6 Million today and close to $7 Million at its all-time high.
The Bitcoin BSC project wants to turn back the clock and offer another chance for investors to earn generational wealth. Thus, $BTCBSC is priced at just $0.99 in its ICO with a presale supply of 6.125 Million tokens, mirroring the state of the Bitcoin blockchain in early 2011.
The token will have a starting market cap of $6.063 Million at its launch, but expert traders have predicted that it could soon show a 10x growth in its value. After all, other clones like Bitcoin Cash and BTC20 have outperformed the struggling Bitcoin price in recent months.
Furthermore, the upcoming halving event will also pump fresh capital into the Bitcoin ecosystem, with tokens like Bitcoin BSC gaining the most from it.
Take Advantage of Faster, Cheaper Transactions With Bitcoin BSC
Bitcoin BSC isn’t just another clone – the project has paid attention to the various criticisms towards BTC and is offering substantial improvements through its novel design.
The BTCBSC token is built on the BNB Smart Chain, a network that is much more scalable than both Bitcoin and Ethereum. As a result, its transactions can be completed within 5 seconds and cost no more than 10 cents in additional fees. On the other hand, Bitcoin transactions can take up to 10 minutes to reach finality, while costing $5 – $10 in fees.
The token’s BEP-20 design also means that it is compatible with well-known dApps like MetaMask and Trust Wallet, which boosts its adoption amongst beginner traders.
The Bitcoin BSC project uses the proof-of-stake consensus mechanism, which means that investors can enjoy the brand value of BTC without polluting the environment. Bitcoin’s proof-of-work is extremely energy-inefficient, consuming more electricity than some countries like Hungary and Finland.
Stake to Earn 400% APY
Bitcoin BSC’s on-chain staking mechanism is its most attractive feature, separating it from other no-utility shitcoins. In just six days, over 530K $BTCBSC tokens have already been staked in, with token holders currently earning over 400% APY.
Investors will earn their rewards every 10 minutes, in line with Bitcoin’s block creation schedule. This strategy incentivises them to stake their coins for longer periods of time, thus preventing any pump-and-dump price action after launch.
While the individual reward will depend upon a holder’s share in the staking pool, it is clear that this feature is the perfect avenue for investors to generate passive income, regardless of the prevailing sentiment in the broader crypto market.
Interested buyers need to purchase the token using BNB or BEP-20 USDT to take advantage of the staking utility in the presale itself – however, there is a minimum locking period of 7 days. Those using ETH or ERC-20 USDT will be able to avail of the feature after the completion of the presale.
Bitcoin BSC Prioritizes Secure Asset Management
The developer team behind the project is aware of the scams and rug-pull tokens that are all too common in the crypto market. Therefore, it has taken strong steps right from the very start to quell any such fears.
The project has allocated 61% of the entire token supply to distribute staking rewards amongst holders. However, these tokens will be unlocked over a 120-year period, in line with Bitcoin’s mining schedule, which highlights the team’s long-term commitment towards the Bitcoin BSC project.
Furthermore, the token smart contract has been designed to eliminate any vulnerabilities or centralization risk, and passed an audit carried out by Coinsult.
Bitcoin BSC has been featured in a wide range of crypto news media, including Cointelegraph, CoinMarketCap and more.
Disclaimer
In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.
About The Author
Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.
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Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.
