Equity Overview
Price & Market Data
Price: $67,808
Daily Change: -$803.1 / 1.18%
Daily Range: $67,443 - $68,777
Market Cap: $4,427,913,676
Daily Volume: 325,713
Details
Binance will issue a number of crypto-pegged tokens on Binance Chain (BEP2 token format) in the coming days, starting with BTCB, a BEP2 token pegged to Bitcoin.Pegged tokens such as BTCB, are 100% backed by the native coin in reserve, which is Bitcoin (BTC) in BTCB’s case. The reserve addresses are published for anyone to audit. The blockchain offers a much easier way to audit a crypto reserve than a traditional bank balance tether.A trading pair will be created on Binance.com between the pegged token and the native coin, e.g., BTCB/BTC.