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.

Binance Bitcoin (BTCB) is a BEP-20 token on BNB Smart Chain backed 1:1 by Bitcoin held in reserve by Binance.

Binance issues and manages BTCB, a Bitcoin-backed token for BNB Smart Chain.

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Tokenized cryptoasset

Binance Bitcoin

# Price Methodology

## Overview

Price measures the current USD value of a project's governance or native token. It is sourced from CoinGecko and reflects the latest available market price across centralized and decentralized exchanges.

Current USD value of a project's governance or native token.

Binance BitcoinBTCB

Price

Price

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