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View ChartBitcoin 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. It is a BEP2 token fully backed 1:1 by Bitcoin (BTC) held in reserve by Binance, enabling Bitcoin holders to access the trading and DeFi participation avenues within the BNB Chain ecosystem. BTCB can be used within the BNB Chain ecosystem for trading and DeFi applications. Its value is pegged to Bitcoin, offering a familiar asset with enhanced utility on a different blockchain. Users can swap BTCB back to native BTC through trading pairs such as BTCB/BTC at a price differential of roughly 0.1%.
| Item | Details |
|---|---|
| Name (Ticker) | Bitcoin BEP2 (BTCB) |
| Alternative Names | Wrapped Bitcoin (BEP2) |
| Consensus Mechanism | BNB Chain uses Tendermint BFT and Delegated Proof-of-Stake (DPoS) consensus; per Dzengi, BTCB is secured through a Proof-of-Authority (PoA) consensus method |
| Smart Contracts | Supported (BNB Beacon Chain native asset) |
| Category | Wrapped Asset / Bridge Token |
| Hash Algorithm | SHA-256 (for the underlying Bitcoin) |
| Block Reward | N/A |
| Max Supply | Variable (minted and burned based on demand and reserve holdings) |
| TPS | Inherits BNB Chain's high throughput |
| Scaling Solution | Native to BNB Chain |
| Blockchain | BNB Beacon Chain |
Binance, one of the world's largest crypto exchanges by daily traded volume, 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. According to third-party verification based on a point-in-time snapshot, BTCB reserves (116,601 BTC, approximately $4.959 billion) exceed its market capitalisation (approximately $4.447 billion), indicating sufficient backing; this data is a specific point-in-time snapshot, and users can independently verify it through the publicly available reserve address. This model is highly centralised, as Binance effectively retains ownership of users' Bitcoin in a reserve.
BTCB operates on a custodial model managed by Binance. BTCB is issued by Binance, with each BTCB backed by 1 BTC in reserve, and the reserve address is publicly available for verification. The user can use these BTCB tokens across the BNB Chain ecosystem, trading them on decentralized exchanges (DEXs), using them as collateral in DeFi protocols, or sending them within the BNB Chain ecosystem. To convert BTCB back to native Bitcoin, users can swap BTCB back to native BTC through trading pairs such as BTCB/BTC at a price differential of roughly 0.1%. This mechanism ensures a 1:1 peg between BTCB and BTC, with Binance's publicly verifiable proof-of-assets providing transparency.
BTCB's primary value proposition is its role as a trusted bridge between two major blockchain ecosystems. 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 makes the reserve address publicly available, and users can verify the current supply of all locked and issued assets on the public blockchain through the Proof of Assets webpage. BTCB unlocks new use cases for Bitcoin that are not natively possible on its own blockchain, such as participating in decentralized finance (DeFi) on the BNB Chain, as Bitcoin itself is limited in DeFi capabilities. BTCB enables BTC holders to access the vast array of trading opportunities provided by the Binance platform, increasing trading volume and liquidity in the ecosystem. The custodial model, while centralized, offers a straightforward and reliable method for users compared to some more complex decentralized bridging solutions.
BTCB serves several key functions within the crypto economy, primarily focused on the BNB Chain ecosystem. It is a major trading pair on BNB Chain-based decentralized exchanges, providing deep liquidity for swapping between crypto assets. 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. 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.
The BTCB ecosystem is intrinsically linked to the health and growth of the BNB Chain. With the rise of the BNB Smart Chain (BSC) and more sophisticated cross-chain bridges, 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. BTCB remains a foundational wrapped Bitcoin asset on the BNB Beacon Chain, with consistent usage in legacy DeFi applications and trading pairs. 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.
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.
Securing your BTCB involves securing your BNB Chain wallet, as BTCB is a BEP2 token. Store your BTCB in a reputable, non-custodial wallet that supports BEP2 tokens on the BNB Beacon Chain. Using non-custodial wallets that support BEP2 tokens, including hardware wallets, can enhance private key security. Never share your wallet's private keys or seed phrase with anyone, as this information gives full control over your assets. Always double-check the recipient address and network (BNB Beacon Chain) before sending BTCB. Be cautious of phishing websites, fake support agents, and unsolicited offers that ask for your private information or seed phrase. For active traders, keeping funds on a secure, reputable exchange can be practical, but understand you are trusting the platform's security instead of controlling your own private keys.
BTCB is available on markets that support trading pairs such as BTCB/USDT and BTCB/USDC, and may also be swapped via Onchain, Crypto.com's official decentralised product. Prices may reflect recent trades, available liquidity, order book activity, and market demand across supported pairs.
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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.
As of right now, the live price of Bitcoin BEP2 (BTCB) is ₹76,93,238.19. 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 ₹743.66Cr (reflecting total buying and selling activity over the last 24 hours), with a total market cap of ₹50.22KCr. Its current circulating supply stands at 65.22K out of a maximum supply cap of ∞.
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 RBI or US 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.
Looking at its historical price performance, Bitcoin BEP2 (BTCB) hit an all-time high (ATH) of ₹1,19,40,949.84 on 2025-10-06 19:00, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at ₹7.28 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.
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 (₹743.66Cr), as price breakouts accompanied by strong volume offer higher reliability.
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.
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.
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: ₹76,93,238.19), you can practice opening/closing positions, adjusting leverage, and setting TP/SL for BTCBUSDT with zero financial risk.
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 (₹76,93,238.19) 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.
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