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Binance BitcoinBTCB
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Binance BitcoinBTCB

Tokenized cryptoasset

Overview

What is Binance Bitcoin?
Binance Bitcoin (BTCB) is a BEP-20 token on BNB Smart Chain backed 1:1 by Bitcoin held in reserve by Binance.
How does Binance Bitcoin work?
Binance holds Bitcoin in reserve and issues BTCB on BNB Smart Chain at a 1:1 ratio, so users can hold and use Bitcoin value in BNB Chain applications.
Who governs Binance Bitcoin?
Binance issues and manages BTCB, a Bitcoin-backed token for BNB Smart Chain.
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The values in this graphic are examples and do not reflect actual values. Treat them as approximations.