Binance BitcoinPrice(BTCB)
Details Binance Bitcoin (BTCB) Price information (USD)
The current real-time price of BTCB is $66,865. In the past 24 hours, BTCB has traded between $65,800 and $67,227, showing strong market activity. The all-time high of BTCB is $127.045K, and the all-time low is $15,543.42.
From a short-term perspective, the price change of BTCB over the past 1 hour is
Binance Bitcoin (BTCB) Market Information
Binance Bitcoin (BTCB) Today's Price
The live price of BTCB today is $66,865, with a current market cap of $0. The 24-hour trading volume is 40M. The price of BTCB to USD is updated in real time.
Binance Bitcoin (BTCB) Price History (USD)
What is BINANCE BITCOIN (BTCB)?
When is the right time to buy BTCB? Should I buy or sell BTCB now?
Before deciding whether to buy or sell BTCB, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s BTCB technical analysis can provide you with trading references.
Future price trend of BTCB
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for BTCB.
How much will BTCB be worth tomorrow, next week, or next month in ? What about your BTCB assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! BTCB Price Prediction
How to buy BINANCE BITCOIN (BTCB)
Convert BTCB to local currency
BTCB Resources
To learn more about BTCB, consider exploring other resources such as the whitepaper, official website, and other published information:
Blockchain explorer
Top 5 addresses | Holding amount | Holding ratio | |
|---|---|---|---|
binance-smart-chain | 0x5a52...70efcb  | 22,981 | 35.2% |
binance-smart-chain | 0xf977...41acec | 13,384 | 20.5% |
binance-smart-chain | 0x882c...e7847b | 5,123 | 7.85% |
binance-smart-chain | 0x8894...e2d4e3 | 2,923.000 | 4.48% |
binance-smart-chain | 0xd3a2...04c4a1 | 1,670 | 2.56% |
Other | 19,212.98 | 29.43% |
Hot Events
BINANCE BITCOIN (BTCB) FAQ
What exactly is BTCB and how does it work?
BTCB is a pegged token fully backed 1:1 by real Bitcoin (BTC) held in reserve by Binance. Its mechanism involves Binance locking native BTC in a public address and minting an equivalent amount of BTCB on the BNB Chain. It serves as a vital bridge, enabling Bitcoin's value and liquidity to be utilized within the BNB Chain's decentralized finance (DeFi) ecosystem for activities such as trading, lending, and yield farming, expanding Bitcoin's utility beyond its native network.
Is BTCB safe and can I trust it?
BTCB's safety is a frequent concern due to its centralized nature. Unlike native Bitcoin, which operates without a central authority, BTCB relies on Binance as its custodian. This means its 1:1 peg could be jeopardized if Binance faced a catastrophic failure or loss of reserve keys. To address this, Binance provides monthly Proof of Reserves (PoR) reports, demonstrating that Bitcoin holdings typically exceed the amount of BTCB in circulation, often showing over-collateralization to ensure full backing.
How do I convert BTCB back to "Real" Bitcoin?
Converting BTCB back to native Bitcoin is straightforward. The simplest method is to deposit your BTCB (BEP20) into your LBank account, and then initiate a withdrawal using the native Bitcoin (BTC) network. Alternatively, you can utilize third-party cross-chain bridges like Symbiosis, ChangeNOW, or Stargate, which allow direct swaps from BTCB to native BTC across different blockchains. It's important to note that withdrawing native BTC typically incurs higher network fees due to Bitcoin miner costs, compared to the very low fees on the BNB Chain.
What can I do with BTCB in Web3?
BTCB is primarily used in Web3 to generate yield on Bitcoin holdings within the BNB Chain ecosystem. Popular applications include participating in lending and borrowing protocols, such as Venus Protocol, where you can supply BTCB as collateral to borrow other digital assets like stablecoins. It's also widely used for providing liquidity to decentralized exchange pools on platforms like PancakeSwap, allowing users to earn trading fees. Furthermore, BTCB can be utilized in yield farming strategies with auto-compounders like Beefy Finance to earn passive interest.
Can I use BTCB if I don't have a Binance account?
Yes, you can absolutely use BTCB without an account on Binance. BTCB functions as a standard BEP20 token on the BNB Chain, making it accessible through any Web3 wallet that supports the network, such as MetaMask or Trust Wallet. You can acquire BTCB directly on decentralized exchanges (DEXs) like PancakeSwap by swapping other BNB Chain tokens. An LBank account is only necessary if you intend to use LBank's specific conversion or withdrawal services to easily bridge between BTCB and native Bitcoin via a centralized exchange.
What is the difference between BTCB and WBTC?
BTCB and WBTC are both wrapped versions of Bitcoin, but they differ in their issuer and native blockchain. BTCB is issued by Binance and primarily operates on the BNB Chain. In contrast, WBTC (Wrapped Bitcoin) is managed by a consortium including entities like BitGo, Kyber, and Ren, and it predominantly exists on the Ethereum network. The choice between them typically depends on your preferred blockchain ecosystem. BTCB offers advantages like lower transaction fees and faster speeds, whereas WBTC provides access to the deeper liquidity and extensive DeFi protocols prevalent on Ethereum, such as Aave or Uniswap.
Important BINANCE BITCOIN (BTCB) industry updates
Time (UTC+8) | Type | News |
|---|---|---|
01-15 17:20:15 | Market Information | Binance Bitcoin (BTCB) has recently demonstrated strong performance, experiencing a 3.61% price increase in 24 hours and 7.14% over seven days, reaching approximately $97,489. This upward trend aligns with broader bullish sentiment around Bitcoin, underscoring BTCB's direct correlation and 1:1 peg to BTC. As a BEP2/BEP20 token fully backed by Bitcoin reserves, BTCB continues to be a vital component of the Binance ecosystem, facilitating Bitcoin's utility for trading and liquidity. Its consistent mention in market reports confirms its ongoing relevance as a key Bitcoin-pegged asset. |
