Last updated on January 22nd, 2022
While you are interacting with the crypto world, you may have noticed that
there are 2 versions of Bitcoin: BTC and BTCB.
What exactly is the difference between them, and how can you convert among these 2? Here’s what you need to know:
Is BTCB the same as BTC?
BTCB is the
Binance-pegged version of BTC on the Binance Smart Chain (BEP20) or Binance Chain (BEP2). This is because Bitcoin has its own blockchain network, and
BTCB is the bridged version of BTC on either the BEP20 or BEP2 blockchains. In theory, 1 BTCB is equal to 1 BTC and the value of both cryptocurrencies should be the same. If you search for BTC on Trust Wallet, you will notice that
BTCB and BTC are 2 separate tokens:
This is because BTCB is a token on the Binance Smart Chain, while...