BTCB Binance Bitcoin

Über Binance Bitcoin

Bitcoin BEP2 (BTCB) is a stable digital currency issued by Binance that anchors the value of BTC (1 BTCB = 1 BTC). Public and transparent issuance in accordance with the 100% margin system. Project Benefits Freedom of payment Any amount of funds can be paid and received instantly anytime and anywhere. No bank holidays, no borders, and no restrictions imposed. Bitcoin allows its users to fully control their funds. Choose your own handling fee Currently, there are no commissions or very small commissions for the processing of bitcoin payments. Users can include the handling fee in the transaction to encourage faster transaction confirmation and faster receipt of transaction confirmation sent by the network. In addition, there are merchant processors that assist merchants in processing transactions, converting bitcoins into legal tender every day and depositing funds directly into merchants’ bank accounts. Because these services are based on Bitcoin, they can provide fees that are much lower than PayPal or credit card networks. Reduce business risk Bitcoin transactions are secure, irrevocable, and do not contain sensitive or personal information of customers. This avoids losses to merchants due to fraud or fraudulent chargebacks, and there is no need to comply with PCI standards. Merchants can also easily expand into new markets where credit cards are unusable or fraud rates are unacceptably high. The end result is lower handling fees, a larger market, and fewer administrative costs. Security and control Bitcoin users are in complete control of their transactions; merchants cannot forcefully charge fees that may occur in other payment methods that should not be or are not easily discovered. Paying with Bitcoin eliminates the need to bind personal information in the transaction, which provides great protection against identity theft. Bitcoin users can also protect their funds through backup and encryption. Transparency and neutrality All information about Bitcoin's funding supply itself is stored in the blockchain, and anyone can check and use it in real time. No individual or organization can control or manipulate the Bitcoin protocol, because its protocol is cryptographically secure. So we can trust that Bitcoin is completely neutral, transparent and predictable.