Finance Feeds logo

Bitcoin BSC Crypto ICO Reaches 50% Of Soft Cap After Raising Almost $2 Million in 10 Days

chainwire

Emerging project Bitcoin BSC (BTCBSC) is proud to announce that it has raised over $1,700,000 surpassing 50% of the presale stage, leading up to its soft cap goal.

The project has gained traction for combining Bitcoin’s branding with staking rewards and the speed of the Binance Smart Chain.

Bitcoin BSC Promises New Era of Crypto with High-Yield Staking

Bitcoin BSC has become one of the most talked-about new crypto projects in recent weeks, aiming to blend the nostalgia of Bitcoin with passive income opportunities.

As noted in Bitcoin BSC’s whitepaper, the token includes a high-yield staking setup, with staking rewards of up to 320% per year.

At the time of writing, over 821,000 BTCBSC tokens have been staked, a noteworthy figure considering the project is still in its presale phase.

Early investors can purchase BTCBSC tokens for $0.99 during the presale stage, which is divided into two phases, with the initial phase already exceeding 50% of its $3.96 million soft cap.

The project is backed by a stringent audit from Coinsult, and recently got featured by YouTube influencer Jacob Bury, who described it as a “new 10x potential crypto presale”, since then the Bitcoin BSC’s official Telegram channel has been growing steadily.

Bitcoin Clones & BTCBSC’s Unique Path to Success

In the past few months, so-called “Bitcoin clones” that draw inspiration from Bitcoin’s name and ethos have started to appear in he market.

With two notable ones being BTC20 (BTC20), a stake-to-earn cryptocurrency hosted on the Ethereum blockchain, and memecoin HarryPotterObamaSonic10Inu (BITCOIN), currently ranked eighth in CoinMarketCap’s list of the biggest meme coins in the world (as measured by market cap).

The Bitcoin BSC team believes a combination of strong branding with their proprietary staking rewards coupled with a comprehensive roadmap will help the project grow and achieve traction from the crypto community.

There’s no guarantee that Bitcoin BSC will follow in the footsteps of these projects. The Bitcoin BSC’s future will depend on whether the development team can execute the roadmap and capture community momentum and interest.

About Bitcoin BSC

Bitcoin BSC is a Proof of Staked-based, greener version of Bitcoin which was created on the BNB chain infrastructure.

To learn more, visit the Bitcoin BSC Presale

Subscribe

Read this next

Industry News

“Unconscionable conduct”: ASIC fines National Australia Bank $2.1m for overcharging customers

NAB faces a $2.1 million penalty for unconscionable conduct, as the Federal Court rules the bank knowingly overcharged customers, and took over two years to rectify the situation.

National Australia Bank
Industry News

SEC charges $15 million Ponzi scheme targeting Mexican-American community

Armando Gutierrez Rosas purportedly intended to invest these funds in U.S. real estate and mining operations in Mexico, assuring investors of monthly returns as high as 10 percent. Instead, Gutierrez operated a Ponzi scheme, diverting investor funds to cover his personal expenses, which notably included the acquisition of a $2.5 million mansion in Texas.

Digital Assets

Chainlink launches cross-chain interoperability protocol on Arbitrum One

Chainlink and Arbitrum join forces to bring the Chainlink Cross-Chain Interoperability Protocol (CCIP) to Arbitrum One, offering Web3 developers a powerful tool to build secure and interconnected applications across blockchains.

Executive Moves

STT appoints Brian Saldeen as Senior Risk & Margin Product Manager

Sterling Trading Tech welcomes Brian Saldeen to spearhead the development of their Risk & Margin offering, bolstering their cutting-edge solutions in the capital markets.

Industry News

Altruist eliminates brokerage account fees for advisors who choose their custody

Altruist, the modern custodian for independent RIAs, takes a bold step by eliminating portfolio accounting software expenses for all Altruist brokerage accounts, potentially saving advisors tens of thousands annually.

Retail FX

Exploring India’s Forex Market Timings With Insights From Experts

Traders Union experts identify the most profitable Forex trading windows for Indians as between 6.00-12.00 GMT and 18.00-0.00 GMT, emphasizing the importance of timing and market conditions in a rapidly evolving Indian financial landscape.

Retail FX

Capital.com UK doubles revenues, profit in 2022

The UK business of multi-licensed online brokerage group Capital.com has reported its financials for its new fiscal year ending December 31, 2022. The group managed to best most of last year’s performance metrics, having grown its net income, and FY 2022 turned into the best revenue since it was founded.

Digital Assets

Alchemy goes legit in US with Money Transmitter License

Cryptocurrency payment gateway Alchemy Pay has marked a pivotal moment in its global expansion strategy by securing a crucial payment license in the United States. The company has obtained a Money Transmitter License in the state of Arkansas, joining the ranks of crypto giants like Coinbase and Jack Dorsey’s Block.

Digital Assets

eToro crypto business gets CySEC license

eToro has received approval from CySEC to operate as a crypto asset services provider, providing a regulatory stamp for the company’s digital assets and cryptocurrencies business in Cyprus and Europe.

<
✖