The official token presale for BNB-Chain’s new version of Bitcoin (BTC) has launched. The name of the cryptocurrency is “Bitnance” and it has a token symbol of $BTN.
Recently launched, the presale has 176 days left. However, the initial coin offering could sell out long before the dated deadline.
In the last 7 days alone, over US$16,500 in tokens has been sold to crypto investors. The fast upward sales movement indicates trades are acutely aware of the project; With 1 Bonk Inu whale already trading in his memecoins to invest $12,1000.
In this first round of the presale, $BTN tokens are being sold for US$0.357 each. The ICO is close to having its first 50,000 tokens sold.
The Bitnance presale will offer investors the chance to purchase 56% of the total token supply. This is a total of 5.6-million tokens of 10-million to be minted.
The reason investors are finding interest in the Bitnance project is the ‘new era’ of crypto traders, choosing to remain faithful to one blockchain.
BNB-chain is for the BEP-20 and (the phasing out) BEP-2 ecosystems and many of its users are tired of the extremely high transaction fees related to trading for Bitcoin ($BTC). The solution to this demand for the store-of-value coin for Binance blockchain users is now in its presale stage — Bitnance Token.
The average fee for a Bitcoin-blockchain transaction as of today, in 2024 is around US$32. The BNB-chain on the other hand has an average transaction fee of $0.14 [cents].
The stark difference in buy, sell, swap transaction fees is why the 1.4-million users of Binance crypto exchange and the BNB-Chain will likely begin migrating to the Bitnance (BTN) token. A dollar saved is a dollar earned to smart money and transaction fees are