BTCB is a BEP2/BEP20 asset wrapped (pegged) on Binance Chain/Binance Smart Chain with a 1:1 peg to BTC locked on the Bitcoin blockchain . BTCB is operated on a centralized and trust-based model. The 1:1 peg means that the amount of wrapped BTCB is equal to the amount of BTC locked in a public address.19 Kas 2020