Aiming to offer a Bitcoin alternative to investors during the bear market, Bitcoin BSC token is off to an explosive start in its presale, having already raised close to $50,000 in just 24 hours.
Investors have been dissatisfied with Bitcoin’s performance in recent weeks as the largest cryptocurrency is down 11% over the past month. On the other hand, Bitcoin clones like BTC20 and BTC 2.0 have outperformed the bearish crypto market and have shown remarkable bullish strength.
Bitcoin BSC is another such token that is generating tremendous enthusiasm amongst investors, thanks to its stake-to-earn feature and flexible architecture.
More importantly, it is giving a second chance to those investors who missed out on Bitcoin’s 2,570,000% bull rally. As a result, it is priced at just $0.99 in its ICO, denoting a point of time in early 2011 when BTC was trading below the $1 price mark.
Maximise Your Returns With The Ground-Breaking Stake-To-Earn Feature
New projects often run the risk of pump-and-dump price action after launch, making it hard for investors to trust them in the long term. However, Bitcoin BSC’s on-chain staking mechanism solves this issue.
69% of the entire $BTCBSC supply has been reserved to pay out staking rewards, which will be spread out over a lengthy 120-year period. As a result, the Bitcoin BSC staking rewards will run out around the same time when the last Bitcoin will be mined in 2140.
Furthermore, the staking pool will follow Bitcoin’s block creation schedule and pay staking rewards to investors every 10 minutes. This ensures the token’s price stability after launch, while also generating attractive passive income for retail investors.
Indeed, the Bitcoin BSC staking pool is currently offering over 14,000% APY. While this percentage will continue to decrease as more investors stake their tokens, the rewards will still be significantly higher than the industry standard of 3% – 5% APY.
Investors can already start to stake their tokens to reap maximum returns – however, there is a minimum 7-day locking period.
This stake-to-earn utility is the cornerstone of the Bitcoin BSC project – after all, similar tokens like BTC20 that offer the same utility have seen explosive bull rallies after launch.
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