How to Buy Bitcoin20 Crypto (BTC20)

What is Bitcoin20 BTC20?

According to Coingecko, Bitcoin20 is : What is the project about? BTC20 is a Proof-of-Stake (PoS) ERC-20 version of Bitcoin built on the Ethereum blockchain, recreating the state of the Bitcoin blockchain and token supply from 2011, when there were only 6.05 million BTC in circulation and the price was $1. With every original Bitcoin block confirmation, a number of $BTC20 tokens will be released and distributed to stakers via a verified staking contract in line with the Bitcoin release schedule. After the presale, $BTC20 holders can stake their tokens to receive a share of the staking rewards. The more $BTC20 tokens a person stakes, the higher the rewards they are going to receive. What makes your project unique? Building upon the foundations of the Bitcoin release mechanism, which is Proof-of-Work (PoW), BTC20 introduces the less energy intensive Proof-of-Stake (PoS) model that rewards participants in proportion to their staked tokens. Through this mechanism, BTC20 presents a unique opportunity for individuals to earn a substantial share of the rewards released through the Ethereum-based staking contract. The more individuals stake their BTC20, the greater their share of the released rewards. This design fosters a community-driven ecosystem, where collective action drives the prosperity of all participants. History of your project. BTC20 presale started on the 17th of July and ended on the 29th of July, raising $6,050,000 and reaching its presale goal in only 12 days. Staking of BTC20 tokens started on the 9th of August and over 40% of the supply, $2.5 million have been staked in the first 18 hours since the launch. What’s next for your project? After the presale, 14,950,000 BTC20 remain tokens were locked in the staking contract to reward staking pool participants. With every Bitcoin block confirmation, 50 BTC20 tokens are released and distributed to all participants in the staking pool. Rewards accrue in real time every 10 minutes. Similar to Bitcoin, the project will have 4-year halvings. BTC20 is programmed to reduce its simulated block rewards by 50% every four years, starting at 50 BTC20 every 10 minutes. The first BTC20 halving will be in 2025 when the rewards will be reduced to 25 BTC20 per block. The second BTC20 Halving will be in 2029 and the rewards will reduced to 12.5 BTC20 per block. The third BTC20 Halving will be 2033 when the rewards will be reduced to 6.25 BTC20 per block. What can your token be used for? The project is a great opportunity for buyers to receive staking rewards and earn some passive income. The percentage of rewards users earn is directly proportional to the overall number of tokens staked. Since BTC20 is a proof-of-stake token, buyers who decide to stake their tokens have the opportunity to contribute to the network's security as well.

Where can I buy BTC20 Crypto?

You can buy Bitcoin20 on Uniswap.

Why should you buy Bitcoin20?

Bitcoin20 is really one of a kind project. The roadmap is incredibly promising and if the dev team can keep up with the with it, it's only a matter of time for the market to catch up. It's a very risky play but one that can yield amazing profits. Do you own diligence and research the project further so you can make your own decision.

How to Buy Bitcoin20 Crypto?

Step 1 - Setting up a Metamask Wallet

Metamask is by far the most used walled in the world of Ethereum. Whenever you want to buy and sell cryptocurrencies or even use blockchain apps that run on the Ethereum Network, Metamask will be your best friend. Setting up the wallet is also very simple and easy.

Head over to metamask.io and click Download. You'll need to use Google Chrome, Brave Browser, Firefox, or Microsoft Edge for this to work. So make sure you are using one of these four browsers. Now at the end of the page, click on the browser you're using and install the extension.

You are now the Welcome Page of Metamask. Click on 'Get Started.' Now click on 'Create a Wallet.' Choose a strong password for your Metamask wallet and continue.

Very Important Part! Keeping your backup phrase safe is the difference between having millions in your account or be that guy on the landfill looking for his old hard drive.

Click on reveal your backup phrase and write every word down on paper. Make sure you don't save your backup phrase on anything digital. This is for your security. After you wrote down your backup phrase, you'll be asked to confirm it. Click on every word in the correct order, and you should be done.

Step 2 - Buy Ethereum on Simpleswap

Simpleswap is the easiest way to buy crypto today. Free from registrations, KYC and third-party custody. With Simpleswap we can buy ETH and receive it directly on our on-chain Metamask wallet, skipping most of the steps we'd have to take through a traditional exchange.

Click here to access Simpleswap

Just click the Buy/Sell Crypto tab, insert the USD amount you want to trade for ETH, and click "Exchange", just like this:

Now all you have to do is click the Metamask fox logo to directly copy and paste your Metamask Ethereum address. It should add it automatically.

You can now choose between Google Pay or card to complete the payment:

Once you complete the payment, all you gotta do is wait a few minutes for the payment confirmation, and for the on-chain transaction to complete. Once all that is completed you should see your updated balance in Metamask.

Step 3 - Buy Bitcoin20 on Uniswap with ETH

Buy BTC20 on Uniswap with ETH

Uniswap is currently the number one Decentralized Exchanged in the world, and it's simply the best place to buy cryptocurrencies that aren't available on sites like Coinbase or Binance.

Before we head over to Uniswap, we need to prepare your Metamask Wallet to receive Bitcoin20. Open Metamask, scroll all the way down, and click here:

Select Custom Token and paste this token contract address there:

0xe86df1970055e9caee93dae9b7d5fd71595d0e18

The rest should autofill, and you need to click next and then add tokens. Your account is now ready to receive Bitcoin20 (BTC20).

You can check the price and confirm the correct token address of Bitcoin20 on Coingecko.

Let's buy some Bitcoin20!

Go to Uniswap. On the upper right corner, click on Connect Wallet and select Metamask. A confirmation popup should open on Metamask (click on the "little fox logo" if you don't see it). Now you need to accept, connect, and your wallet should be connected to Uniswap.

Select a token and paste the Token contract address: 0xe86df1970055e9caee93dae9b7d5fd71595d0e18

Click Import and accept the terms.

Now you have to select the amount of ETH you want to trade for BTC20. After you confirm it, another popup will appear from the Metamask extension and you should approve the transaction.

Wait a few minutes, and your BTC20 should appear on your Metamask Wallet.

Congratulations! You are now a proud Investor of Bitcoin20!

In case your transactions keep on failing, adjust your slippage tolerance. To do that, click on Uniswap's gear icon, and put 5% here:

Adjust slippage on uniswap