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Tokens on the Binance Network include Bitcoin BEP2 (BTCB). In order to ensure that each BTCB is fully backed by a BTC deposit, the price is tied to BTC at a 1:1 ratio.

 

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What Is Bitcoin BEP2 [BTCB]?

Decentralization and interoperability have improved dramatically since Binance Chain launched on April 18th, 2019.

 

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A Step-by-Step Guide to Purchasing Bitcoin BEP2 (BTCB) Quickly

Step 1: Create An Account

To buy BTCB coins, you have to choose an exchange that is trustworthy and reliable. Then create an account on that exchange. We would recommend Binance or Coinbase crypto exchange platforms on which you can exchange your favorite cryptocurrencies. On the signup page, fill in all your personal information and secure your account with a password. 

 

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Step 2. Deposit Money

After creating an account, you have to fund it. You can choose any payment method such as credit/debit card, Paypal, bank transfer, etc. We would prefer that you start with a little initial investment. 

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Step 3: Purchase BTCB

When you successfully fund your account with money, you have to buy Bitcoin with fiat money. Then you can convert your BTC to BTCB cryptocurrency. Then, purchase a wallet and store your BTCB coins in your wallet to secure them and trade them whenever you need them. 

 

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How To Purchase Bitcoin BEP2 (BTCB) Using A Variety Of Methods? 

Purchasing Bitcoin BEP2 is fairly simple these days. You may pay with cash, a credit card, or even PayPal if you choose. However, you must still take a few stBTCB to complete it - which is why we created this simple guide for you! It is divided into sections; simply follow the one that corresponds to your mode of purchasing.

 

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How to Buy Bitcoin BEP2 [BTCB] Using a Credit Card or Debit Card?

Your initial step will always be to purchase Bitcoins or Ethereum using a credit card. After that, they can be converted to Bitcoin BEP2.

Take the following stBTCB:

  • Purchase Bitcoin or Ethereum from a reputable exchange.
  • Transfer Bitcoin or Ethereum to a cryptocurrency exchange that accepts Bitcoin BEP2.
  • Finally, convert your Bitcoin or Ethereum into Bitcoin BEP2.

How To Buy Bitcoin BEP2 [BTCB] Using PayPal?

You can also choose Paypal Method to purchase BTCB coins. Millions of people trade cryptocurrencies and altcoins with Paypal. But, there is no method to buy BTCB directly with fiat money. You have to make a purchase of Bitcoin or Ethereum from any exchange of your choice. Then, you can transfer your BTC coins to BTCB. 

How To Buy Bitcoin BEP2 [BTCB] Using eWallets (Skrill, Neteller)

Just like any other method, you can choose eWallets method (Skrill, Neteller) to acquire altcoin such as BTCB. Skrill is a worldwide payment system that allows users to immediately deposit or transfer payments. Skrill serves over 200 nations around the world and allows users to transfer money in over 40 currencies, making it one of the simplest methods to purchase bitcoin (BTC) globally.

How To Buy Bitcoin BEP2 [BTCB] Using a Bank Wire

The cheapest way to purchase BTCB is through a bank transfer method. Millions of people feel comfortable buying cryptocurrencies using the bank transfer method. The transaction fee is very low that everyone can afford. however, it might be time-consuming. If we compare the bank transfer method with other methods, then we would come to know that buying with a credit/debit card is the quickest option but it will be an expensive method. 

 

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How to Buy Bitcoin BEP2 [BTCB] Using Payoneer? 

On your Payoneer account, select Buy Bitcoin from the drop-down option to purchase Bitcoin BEP2. Choose Payoneer as your payment method, enter the number of bitcoins you want to buy, choose your desired currency, and then click Find offers. Examine the many Bitcoin providers and select the one that offers you the best price. After that, you may exchange your Bitcoins BTC for  BTCB.

 

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FAQs

What are the security precautions taken up by the system?

Based on Binance Chain, Bitcoin BEP2 employs DPoS and Byzantine Fault Tolerance in a way that is both practical and democratic (pBFT).

What is the average number of circulation of Bitcoin BEP2 [BTCB]?

There are 73 096 BTCB in circulation as of July 2021, while the total supply is 80 501.

 

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