After hitting its presale hard cap earlier than expected due to high demand, new coin Bitcoin BSC is now heading into its first exchange listings.
The Bitcoin BSC team on Twitter (@Bitcoinbsctoken) has announced that its initial DEX offering (IDO) will be on leading decentralized exchange Pancakeswap, at 09:00 UTC on Wednesday, October 4th.
What Is Bitcoin BSC? Price Predictions
Bitcoin BSC (BTCBSC) is a BEP-20 token built on the Binance Smart Chain. It aims to improve upon Bitcoin by offering staking – currently at 75% APY – with rewards paid out every ten minutes, mimicking the block rewards of early Bitcoin.
Its BTCBSC token price also pays homage to the early days of Bitcoin, when it was priced under $1 in 2011. $BTCBSC was available to buy at $0.99 during the presale and has been tipped for explosive growth following its IDO due to the widespread interest in the project.
Widely followed crypto analyst Joe Parys named the project as one of the top five Bitcoin alternatives under $100, that are set to explode in the next bull market. Watch his video review here.
The Bitcoin BSC website describes its goals as the following:
‘The Bitcoin BSC mission is to allow everyday crypto enthusiasts the chance to buy a new version of Bitcoin at a price that was only available to tech geeks and insiders. Leveraging BNB Smart Chain’s smart contract functionality, BTCBSC promises to deliver on speed, security, and efficiency.’
Bitcoin BSC Token Claim – New Coin On Pancakeswap
Presale buyers will be able to claim their purchased tokens on the bitcoinbsc.io website by connecting the crypto wallet they used to make the purchase, at 9am UTC on October 4th.
Optionally, investors may choose to stake their tokens if they wish to do so prior to claiming.
Interested buyers that missed the presale will be able to buy Bitcoin BSC directly on Pancakeswap following its Wednesday listing at the same time as the token claim opens.
For a guide on how to buy new coins on Pancakeswap, see the tutorial below.
Fake BTCBSC Tokens
The Bitcoin BSC team also posted a warning of fake, scam version of BTCBSC that are imitating the project due to its popularity.
Since its launch on September 5th, when Coingape first reviewed the token, BTCBSC has been featured on many leading news sites including Cointelegraph and CryptoSlate. Some of the largest crypto influencers have also highlighted the project, including the aforementioned Joe Parys and Michael Wrubel.
That has led to a large number of scams, copycats and clones. One new coin on Pancakeswap impersonating the project has even been listed on CoinMarketCap, however it is not the legitimate BTCBSC – having been listed prior to October 4th and at the wrong listing price, well below $0.99.
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