On Dec. 13, 2020, Binance Smart Network (BSC) announced the Bitcoin Standards Hashrate Tokens (BTCST).
What Is Bitcoin Standard Hashrate Token [BTCST]?
The purpose of BTCST is to provide liquidity in the Bitcoin mining industry. This will allow customers of any size to have a taste of mining earnings and hash power at a reasonable cost.
A Step-by-Step Guide to Purchasing Bitcoin Standard Hashrate Token (BTCST) Quickly
Step 1: Create An Account
To buy BTCST 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.
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.
Step 3: Purchase BTCST
When you successfully fund your account with money, you have to buy Bitcoin with fiat money. Then you can convert your BTC to BTCST cryptocurrency. Then, purchase a wallet and store your BTCST coins in your wallet to secure them and trade them whenever you need them.
How To Purchase Bitcoin Standard Hashrate Token (BTCST) Using A Variety Of Methods?
Purchasing Bitcoin Standard Hashrate Token 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 stBTCST 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.
How to Buy Bitcoin Standard Hashrate Token [BTCST] 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 Standard Hashrate Token.
Take the following stBTCST:
- Purchase Bitcoin or Ethereum from a reputable exchange.
- Transfer Bitcoin or Ethereum to a cryptocurrency exchange that accepts Bitcoin Standard Hashrate Token.
- Finally, convert your Bitcoin or Ethereum into Bitcoin Standard Hashrate Token.
How To Buy Bitcoin Standard Hashrate Token [BTCST] Using PayPal?
You can also choose Paypal Method to purchase BTCST coins. Millions of people trade cryptocurrencies and altcoins with Paypal. But, there is no method to buy BTCST 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 BTCST.
How To Buy Bitcoin Standard Hashrate Token [BTCST] Using eWallets (Skrill, Neteller)
Just like any other method, you can choose eWallets method (Skrill, Neteller) to acquire altcoin such as BTCST. 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 Standard Hashrate Token [BTCST] Using a Bank Wire
The cheapest way to purchase BTCST 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.
How to Buy Bitcoin Standard Hashrate Token [BTCST] Using Payoneer?
On your Payoneer account, select Buy Bitcoin from the drop-down option to purchase Bitcoin Standard Hashrate Token. 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 BTCST.
What are the security precautions taken up by the system?
The Binance Pool serves as an auditor for BTCST, ensuring its authenticity and openness to all parties involved in transactions.
What is the average number of circulation of Bitcoin Standard Hashrate Token [BTCST]?
One million BTCST will be available in March 2021, with a current supply of 589,388.