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

# Token trading volume Methodology

## Overview

Token trading volume measures the trading activity for a project’s native token on centralized and decentralized spot exchanges. The absolute value indicates how liquid the token is, while the historical trend reflects the demand to buy and sell the token over time.

Total trading volume of the project's native token across spot venues.

Binance BitcoinBTCB

Token trading volume

Token trading volume

Competitive landscape