Bitcoin BEP2

Bitcoin BEP2 PriceBTCB

$64,043.97
$256.17+0.40%

Last updated--

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Bitcoin BEP2 Price Today

Current BTCB/USD real-time price is $64,043.97, with a 24-hour change rate of +0.40% and a 7-day change rate of -2.41%. BTCB currently ranks #7914 globally by market cap, with a total market cap of $4.17B, a fully diluted valuation (FDV) of $4.18B, and a 24-hour trading volume of $54.42M. In terms of supply, BTCB has a maximum supply of ∞, a current circulating supply of 65.22K, with 99.87% already in circulation and 0.13% remaining to be unlocked.

About Bitcoin BEP2

Bitcoin BEP2 (BTCB) is a tokenized version of Bitcoin that operates on the BNB Beacon Chain, providing a bridge between the world's largest cryptocurrency and the Binance ecosystem.

Key takeaways

  • BTCB is a BEP2 token fully backed 1:1 by Bitcoin (BTC) held in reserve by Binance.
  • It enables Bitcoin holders to access the speed and low-cost transactions of the BNB Chain.
  • BTCB can be used within the BNB Chain ecosystem for trading, DeFi applications, and payments.
  • Its value is pegged to Bitcoin, offering a familiar asset with enhanced utility on a different blockchain.
  • Users can redeem BTCB for native Bitcoin through Binance's official channels.

What is Bitcoin BEP2? Key Specifications & Tokenomics

Bitcoin BEP2 (BTCB) is a wrapped token that represents Bitcoin on the BNB Beacon Chain, created and managed by Binance to bring BTC's liquidity into its native blockchain ecosystem.


ItemDetails
Name (Ticker)Bitcoin BEP2 (BTCB)
Alternative NamesWrapped Bitcoin (BEP2)
Consensus MechanismBNB Chain Delegated Proof-of-Stake (DPoS)
Smart ContractsSupported (BNB Beacon Chain native asset)
CategoryWrapped Asset / Bridge Token
Hash AlgorithmSHA-256 (for the underlying Bitcoin)
Block RewardN/A
Max SupplyVariable (minted and burned based on demand and reserve holdings)
TPSInherits BNB Chain's high throughput
Scaling SolutionNative to BNB Chain
BlockchainBNB Beacon Chain

Who created Bitcoin BEP2 (BTCB)?


Binance, the world's leading cryptocurrency exchange, created and issued the BTCB token. The project was launched to solve a key challenge: bringing Bitcoin's massive liquidity and recognition to the then-Binance Chain (now BNB Beacon Chain) to fuel its growing ecosystem. Binance acts as the custodian, holding an equivalent amount of real Bitcoin in its reserves for every BTCB token in circulation. This model ensures the token's value is fully backed and redeemable, establishing trust and stability for users who want to utilize Bitcoin within the BNB Chain's faster and cheaper environment.


How does Bitcoin BEP2 (BTCB) work?

BTCB operates on a simple custodial model managed by Binance. The process involves two main actions: minting and burning.

  • Minting: When a user wants to create BTCB, they deposit native Bitcoin (BTC) into a designated Binance custody address. After verifying the deposit, Binance mints an equivalent amount of BTCB tokens on the BNB Beacon Chain and sends them to the user's BNB Chain address.
  • Usage: The user can now use these BTCB tokens across the BNB Chain ecosystem. They can trade them on decentralized exchanges (DEXs) like PancakeSwap's predecessor, use them as collateral in DeFi protocols, or send them with BNB Chain's low fees and fast confirmation times.
  • Burning/Redeeming: To convert BTCB back to native Bitcoin, a user sends their BTCB tokens to a specific burn address on the BNB Chain. Binance monitors this address, and upon confirming the burn, releases the corresponding amount of native BTC from its reserves to the user's Bitcoin wallet.

This mechanism ensures a 1:1 peg between BTCB and BTC, with Binance's publicly verifiable proof-of-reserves providing transparency.


What makes Bitcoin BEP2 (BTCB) unique and valuable?

BTCB's primary value proposition is its role as a trusted bridge between two major blockchain ecosystems.

  • Trusted Peg: As a product of Binance, one of the most recognizable names in crypto, BTCB benefits from a high degree of trust regarding its 1:1 backing. Binance regularly publishes proof-of-reserve reports.
  • Enhanced Utility for Bitcoin: It unlocks new use cases for Bitcoin that are not natively possible on its own blockchain, such as participating in fast, low-cost decentralized finance (DeFi) on the BNB Chain.
  • Ecosystem Access: It was a crucial early liquidity solution for the BNB Beacon Chain, allowing developers to build applications that could tap into Bitcoin's market cap without requiring complex cross-chain bridges.
  • Simplicity and Reliability: The custodial model, while centralized, offers a straightforward and reliable method for users compared to some more complex decentralized bridging solutions.

What is Bitcoin BEP2 (BTCB) used for?

BTCB serves several key functions within the crypto economy, primarily focused on the BNB Chain ecosystem:

  • Trading and Liquidity: It is a major trading pair on BNB Chain-based decentralized exchanges, providing deep liquidity for swapping between crypto assets.
  • DeFi Collateral: Users can lock up BTCB as collateral to borrow other assets, earn yield in liquidity pools, or participate in yield farming strategies within BNB Chain DeFi protocols.
  • Cross-Chain Value Transfer: It acts as a medium for transferring Bitcoin's value onto the BNB Chain for use in applications, effectively "wrapping" BTC for use in a different environment.
  • Payments and Settlements: Merchants or services built on BNB Chain can accept BTCB as a payment method, leveraging Bitcoin's brand recognition with BNB Chain's transaction efficiency.

How Is the Bitcoin BEP2 (BTCB) ecosystem developing?

The BTCB ecosystem is intrinsically linked to the health and growth of the BNB Chain. Its development is stable but has been somewhat superseded by more recent, cross-chain solutions.

  • Established Role: BTCB remains a foundational wrapped Bitcoin asset on the BNB Beacon Chain, with consistent usage in legacy DeFi applications and trading pairs.
  • Evolution of Bridges: With the rise of the BNB Smart Chain (BSC) and more sophisticated cross-chain bridges (like the Binance Bridge), users now have more options to bring Bitcoin onto the ecosystem, such as BTCB on BSC (a BEP-20 token) or other cross-chain BTC representations.
  • Continued Backing: Binance continues to maintain the reserves and redemption function for BTCB, ensuring its ongoing viability for users who prefer the original BEP2 standard or operate specifically on the Beacon Chain.

How to mine Bitcoin BEP2 (BTCB)?

BTCB cannot be mined. It is a minted token, not a mineable cryptocurrency like Bitcoin. New BTCB tokens are only created through the official minting process managed by Binance, which requires depositing an equivalent amount of native Bitcoin into their custody. There is no proof-of-work or proof-of-stake mechanism for generating new BTCB; its supply is directly tied to user demand and Binance's reserve management.


How to keep your BTCB Coin safe?

Securing your BTCB involves securing your BNB Chain wallet, as BTCB is a BEP2 token.

  • Use a Secure Wallet: Store your BTCB in a reputable, non-custodial wallet that supports BEP2 tokens on the BNB Beacon Chain. Hardware wallets like Ledger or Trezor (with appropriate BNB Chain integration) offer the highest security.
  • Guard Your Private Keys: Never share your wallet's private keys or seed phrase with anyone. This information gives full control over your assets.
  • Verify Transactions: Always double-check the recipient address and network (BNB Beacon Chain) before sending BTCB.
  • Beware of Scams: Be cautious of phishing websites, fake support agents, and unsolicited offers that ask for your private information or seed phrase.
  • Consider Exchange Custody: For active traders, keeping funds on a secure, reputable exchange like BTCC can be practical, but understand you are trusting the platform's security instead of controlling your own private keys.

How to buy BTCB?

BTCB is a specialized token available on several platforms. For a seamless trading experience with high liquidity, consider using a major exchange like BTCC.

  1. Register a BTCC Account: Sign up using your email or mobile number and complete the KYC verification to unlock more features and benefits of the platform.
  2. Deposit Funds: Deposit fiat currency (via bank transfer, card, or third-party payment) or transfer USDT from an external wallet into your BTCC account. You can follow this guide.
  3. Start Trading: Go to the trading page and search for the spot trading pair BTCB/USDT or the perpetual contract BTCB/USDT.
  4. Place an Order: Enter the amount of BTCB you wish to purchase and submit the order. For contract trading, you can also choose to go short (sell) and adjust the leverage multiplier according to your strategy and risk tolerance.
  5. Confirm Your Purchase: For spot purchases, check your personal account to see if the coins have arrived. For contract trades, check the trading page to see if your order was filled successfully.

 

How to Buy and Use Bitcoin BEP2

Purchase Guide

Buy in just 4 steps (Register → Verify → Deposit/Purchase → Receive Coins)

  1. 1Register AccountUse email or phone number to quickly complete BTCC registration in under 1 minute.
  2. 2Identity VerificationComplete basic KYC verification to protect your account and assets.
  3. 3Quick TradeSupports credit cards, online banking and other quick purchase methods.
  4. 4Receive CoinsBitcoin BEP2 is instantly credited to your BTCC account, ready for trading at any time.

Related Trading

Choose Bitcoin BEP2 products that suit your trading style

Thank you for your interest in BTCC. Currently, spot and futures trading services for BTCB are not supported. As a leading digital asset platform, BTCC is committed to providing a secure and stable trading environment. We recommend completing your account registration and identity verification (KYC) to explore other premium assets and exclusive benefits available on BTCC.

Bitcoin BEP2 FAQs

What is the live price, market cap, and 24h volume of Bitcoin BEP2 (BTCB)?

As of right now, the live price of Bitcoin BEP2 (BTCB) is $64,043.97. Its market price fluctuates in real time based on overall supply and demand, and you can check the updated BTCB to USD rate at the top of BTCC’s price page. In terms of market scope, Bitcoin BEP2 records a 24h trading volume of $54.42M (reflecting total buying and selling activity over the last 24 hours), with a total market cap of $4.17B. Its current circulating supply stands at 65.22K out of a maximum supply cap of ∞.

Why does the price of Bitcoin BEP2 (BTCB) fluctuate, and what drives its volatility?

The price volatility of Bitcoin BEP2 (BTCB) is essentially driven by market supply and demand dynamics. Key factors behind its price movements include: 1) Global macroeconomic conditions and sentiment, such as Fed interest rate decisions; 2) Tokenomics, including the ratio of circulating supply (65.22K) to max supply (∞), as well as token unlocks and burn mechanisms; 3) Fundamental developments, such as ecosystem expansion, on-chain activity, and core protocol upgrades; and 4) Derivatives market dynamics, including leverage battles and liquidation cascades in perpetual contracts.

What are the all-time high (ATH) and all-time low (ATL) for Bitcoin BEP2 (BTCB)?

Looking at its historical price performance, Bitcoin BEP2 (BTCB) hit an all-time high (ATH) of $126,009.9 on 2025-10-06 19:00, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at $0.08 on 2021-06-23 14:25. Note that historical highs and lows reflect past performance only and do not guarantee future price trends; investment decisions should always align with live market conditions and your personal risk tolerance.

How to read the Bitcoin BEP2 (BTCB) price chart for futures trading?

When trading BTCB futures on BTCC, technical chart analysis begins with identifying key support and resistance levels on 1D and 4H charts using historical price pivots. Next, apply MA/EMA indicators to gauge trend directions, alongside RSI (values above 70 indicate overbought conditions, while below 30 suggest oversold levels). Always validate breakout signals with the 24h trading volume ($54.42M), as price breakouts accompanied by strong volume offer higher reliability.

How to profit from Bitcoin BEP2 (BTCB) price drops? (Short Selling Guide)

Unlike spot trading where you can only profit from rising prices, BTCC’s BTCBUSDT perpetual contracts support two-way trading. If you anticipate a price decline for Bitcoin BEP2, simply log into your BTCC account with USDT margin available, navigate to the BTCBUSDT pair, set your desired leverage and Take-Profit/Stop-Loss levels, and click "Sell/Short". Once the price drops to your target, close your position to lock in profit from the price difference.

Can I trade Bitcoin BEP2 (BTCB) perpetual futures with high leverage on BTCC?

Yes. BTCC offers flexible, high-tier leverage options for BTCBUSDT perpetual futures, providing up to 500x leverage (maximum leverage limits may vary depending on liquidity). While leverage boosts capital efficiency by allowing you to control larger position sizes with less margin, it also amplifies liquidation risks proportionately. BTCC strongly advises using Stop-Loss orders to strictly manage risk when trading with high leverage.

How to practice Bitcoin BEP2 (BTCB) futures trading with a free demo account?

Beginners and traders testing new strategies can switch to BTCC's "Demo Trading" mode with a single click on the App or Web interface. The demo account comes pre-loaded with risk-free virtual funds (such as 100,000 USDT). Powered by live market prices (current price: $64,043.97), you can practice opening/closing positions, adjusting leverage, and setting TP/SL for BTCBUSDT with zero financial risk.

Step-by-step guide: How to buy and trade Bitcoin BEP2 (BTCB) on BTCC?

Trading Bitcoin BEP2 (BTCB) on BTCC requires just 4 simple steps: 1) Register a BTCC account and complete basic Identity Verification (KYC); 2) Buy USDT using fiat via credit card/express payment, or deposit USDT/BTC directly from an external wallet; 3) Navigate to the Futures section, search for BTCBUSDT, and review its live price ($64,043.97) and chart; 4) Select your margin mode and leverage, choose "Buy/Long" or "Sell/Short" based on your market outlook, set TP/SL orders, and confirm your trade.

Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. The content expressed on this page is not intended to be and shall not be construed as an endorsement by BTCC regarding the reliability or accuracy of such content. You should carefully consider your investment experience, financial situation, investment objectives, and risk tolerance, and consult an independent financial adviser before making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. BTCC is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning. Please also note that data relating to the above-mentioned cryptocurrency presented here (such as its current live price) are based on third-party sources. They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under BTCC’s control. BTCC is not responsible for the reliability or accuracy of such third-party sites or their contents.