What is BTCST Coin Crypto Check out all the information

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The current Bitcoin Standard Hashrate Token 24-hour trading volume is $46,566,820 USD at a price of $10,85 USD. We update our BTCST to USD price in real-time. In the last 24 hours, the Bitcoin Standard Hashrate Token has fallen 7.17 percent.

CoinMarketCap's current rating is #55, with an instant market cap of $132,372,775 USD. It has a circulating supply of 12,201,404 BTCST coins and a maximum supply of 15,000,000 BTCST coins.

Currently, Binance, Gate.io, Hotcoin Global, Pionex, and Hotbit are the best cryptocurrency exchanges to trade Bitcoin Standard Token Hashrate shares at the current price. On our crypto exchange website you will find another list.

What are Btcst Coin Crypto Tokens

The Bitcoin Standard Hashrate Token (BTCST) was introduced on Binance Smart Chain (BSC) on December 13, 2020. It is protected by the Bitcoin (BTC) hashrate, with each token representing 0.1 TH/s of Bitcoin mining power with an efficiency of 60 W/TH.

What are Btcst Coin Crypto Tokens

As a result, in exchange for newly created BTCST tokens, miners offer their computing power to the network. BTCST's goal is to provide liquidity to the Bitcoin mining sector.

Users will be able to earn any amount of mining rewards and hash power at a reasonable cost using this approach. The main objective of this application is to increase the liquidity and efficiency of the mining power market.

BTCST holders are the same as those with only the most basic mining skills. BTCST on-chain staking allows staking users to earn mining rewards in Bitcoins.

Users help the platform meet its mining needs by trading their mining power for newly issued BTCST.

Who Founded Btcst Coin Crypto Token

Standard Hashrate Group, which is behind the BTCST token, has the support of Bitcoin miners from around the world, which is 13% of global hashrate as of February 2021.

What's so special about Btcst Coin Crypto

BTCST token holders can expect to earn a daily bitcoin contribution equal to the amount of mining power they stake in the token. In effect, BTCST provides customers with the ability to mine Bitcoins from within a DeFi environment.

What's so special about Btcst Coin Crypto

BTCST tokens can be awarded to qualified miners who decide to standardize and mark Bitcoin hashrate. This is why the project has no private or public sale events. The total supply is limited by the total amount of BTCST tokens staking in the app.

BTCST is based on the BEP-20 standard. A snapshot of user balances and the entire pool balance is taken hourly to determine user incentives. Tokens can only be staked in one pool at a time, and the APY and total balance of each pool are updated in real time.

Users have the option to change their bet at any time and join one of the other pools open to them. BTCST is a cloud mining platform used on Binance Smart Chain. It provides daily payments managed by a decentralized application (DApp) (DApp).

How Many Coins Are Circulating?

On December 13, 2020, BTCST went live with a supply of 1,000,000 tokens. As of March 2021, there are 589,388 BTCST in circulation and a maximum of 1,500,000 BTCST. The security of this network is provided through the standard Bitcoin hashrate token.

Binance Pool works as an auditor for BTCST and ensures legality and transparency. Thanks to the BTCST protocol, Bitcoin hashrate assets are now available in DeFi. The BTCST protocol is also the foundation for a trading, lending, and other lending system in DeFi.

A decentralized autonomous entity governing BTCST (DAO). Token holders, miners, and the larger community of tokens collaboratively determine the important things related to the project. Votes and proposals are recorded and published on the blockchain.

How To Get Btcst Coin Crypto

Bitcoin Standard Hashrate Token (BTCST) can be purchased on the following exchanges:

Binance will launch the trading pairs BTCST/BTC, BTCST/BUSD, and BTCST/USDT on January 13th at 2021:01 PM (VN time), and BTCST will be displayed in the innovation zone. This is for informational purposes only.

BTCST Offer Price Information

The 24-hour trading volume of the Bitcoin Standard Hashrate Token is IDR 695,510,753,918 at a price of IDR 161,683. Our BTCST-to-IDR conversion is updated in real time. The Bitcoin Standard Token Hashrate is down 8.46 in the last 24 hours.

BTCST Offer Price Information

CoinMarketCap's current rating is #55, with a market capitalization of IDR 1,972,754,373,908. There is a circulating supply of 12,201,404 BTCST coins and a maximum supply of 15,000,000 BTCST coins.

Currently, Binance, Gate.io, Hotcoin Global, Pionex and others are the leading exchanges to trade the Bitcoin Standard Token Hashrate. What are blockchain sweatcoins and how to make money

Features of BTCST Coin Crypto

The Bitcoin Standard Hashrate Token (BTCST) has several distinguishing features.

Tokens with Leverage (Token Leverage)

Token Leverage is the use of tokens as a tool. Guaranteed double income for BTCST investors when the market is trending up. BTCST is a speculative Bitcoin token because of its high leverage.

Real-world Bitcoin mining power supporting BTCST has been shown to have a positive relationship with how well digital gold performs, so when the Bitcoin market goes through the roof, so does the price of BTCST.

Moreover, the author of BTCST claims the benefits of Bitcoin mining on a daily basis. If a user starts Bitcoin mining using WhatsMiner M21s (a traditional Bitcoin mining hardware model) on October 10, then at the time of issuance, the value of the Bitcoins mined will grow by 200 percent. While the cost of mining equipment rose 400 percent.

Consequently, the leveraged BTCST token can safely be referred to as Bitcoin.

Works Like Grayscale in the Mining Industry

Grayscale and BTCST have a chance to properly tell the Bitcoin mining industry narrative in 2020 if they work together. The institutional liquidity offered by Grayscale has fueled the bull market, and BTCST will help free up liquidity for the mining sector and facilitate liquidity balancing in the secondary market.

By Trading BTCST Investors can:

The ability to join and leave Bitcoin mining at any scale, at any time, and for a low fee.

Even miners who do not own BTCST encrypted mining equipment can take advantage of the volatile token price by spreading their stakes.

  1. Cloud mining
    Cloud mining is an unsatisfactory answer to a liquidity and reputation problem mired in many scams. Legitimate suppliers also lack sufficient transparency.
    BTCST is a cloud mining platform used on Binance Smart Chain, with daily payments issued by the dApp and all data trackable. Binance Pool, the 2nd largest Bitcoin mining pool in the world, features a BTCST audit function and ensures legitimacy and transparency.
  2. Future Def
    With DeFi, there is no need to worry about BTCST going away. By staking BTCST, users are guaranteed to get back the same amount of BTCST plus the total Bitcoin mining profit they put into the token.
    98/100 in security audit achieved by BTCST after being subjected to inspection by CertiK, one of the most reputable blockchain security companies in the world.

The Future of the Bitcoin Standard Token Hashrate

The BTCST community project will be geared towards Bitcoin traders, investors and enthusiasts worldwide.

Initially, the focus was on getting new users to stake their BTCST on dApp projects on the Binance Smart Chain.

Current development strategy:

  1. Build a global user base through a mix of community management, public relations (PR), special events (eg, AMA), and other methods.
  2. This site has videos and articles to help you learn more about bitcoin mining.
  3. Bring leveraged Bitcoin tokens with Bitcoin traders to show why these tokens are valuable in the market.
  4. Increase the number of users and the variety of hash power by working with mining pools and individual miners.
  5. BTCST differs from other DeFi projects in that users who stake project tokens with Bitcoins get something in return.

Future development plans

The Future of the Bitcoin Standard Token Hashrate

  1. Expand the community into a variety of additional markets, including Korea, Japan, and Southeast Asia.
  2. Expand the list of mining pool partners.
  3. Become more visible on all social media platforms. Build an ideal add-on community for Bitcoin, DeFi and cloud mining.

Conclusion

Bitcoin Standard Hashrate Token (BTCST) Btcst Coin Crypto was introduced on Binance Smart Chain on December 13, 2020. It is protected by Bitcoin (BTC) hashrate, with each token representing 0.1 TH/s of Bitcoin mining power with an efficiency of 60 W/TH.

Btcst Coin Crypto is a cloud mining platform used on Binance Smart Chain. It provides daily payments managed by a decentralized application (DApp). Network security is provided through the standard Bitcoin hashrate token, with a maximum supply of 1,500,000 BTCST.

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