What does Bitcoin BEP2 do?
Bitcoin BEP2 (CRYPTO:BTCB), is a wrapped Bitcoin token on the Binance Smart Chain (BSC). It is pegged to Bitcoin on a 1:1 basis and can be redeemed for Bitcoin at any time. BTCB can be used in any DeFi application that supports BSC tokens.
BTCB offers a number of benefits to users, including Cross-chain compatibility, Increased liquidity, and New DeFi opportunities.
BTCB is a relatively new project, but it has quickly gained popularity among DeFi users. It is currently available on a number of popular decentralized exchanges, including Binance, PancakeSwap, and SushiSwap.
