What is Binance-peg Busd?

Binance creates BUSD (BEP-20) by holding BUSD in an Ethereum blockchain address and minting peg BUSD tokens, each of which corresponds to a BUSD token held in reserve by Binance . BUSD (ERC-20) and BUSD (BEP-20) holders can swap their tokens between the blockchains depending on their needs.

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What is Binance-peg BTCB token?

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

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Is BTC same as BTCB?

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.

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How do you get Busd on a polygon?

To exchange Binance USD to Polygon, move to the exchange widget on the LetsExchange.io homepage. Select the coin you want to exchange and provide the amount. Pick the coin to buy. Our platform will instantly find the best BUSD to MATIC exchange rate offered by the world’s top exchange platforms.

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