Portal to Bitcoin is set to launch its $PTB token on Binance. This initiative signifies a new step in Bitcoin utilization.
What is Portal to Bitcoin?
Portal to Bitcoin is a custody-less protocol for Bitcoin that enables users to effectively utilize their assets through a peer-to-peer network and cross-chain bridges. The platform offers solutions like Portal OS for PoS network validators and Liquidity Router for atomic swaps, allowing transactions without third-party involvement.
Latest Updates and Achievements
The Portal to Bitcoin team has made significant progress, successfully conducting over 16 million atomic swaps in the testnet. The platform ensures high security, having completed an audit of smart contracts and resolved all issues. Additionally, Portal has established new partnerships, including with Babylon Genesis for tracking Bitcoin staking.
Launch of $PTB Tokens
$PTB token will be launched on September 3rd on Binance Alpha and Futures. As part of this event, updates to the tokenomics have increased community share to 10.7%. It is expected that the token price will rise due to buyback-and-burn mechanisms.
The launch of the $PTB token marks an important milestone in the development of Portal to Bitcoin, opening new opportunities for users in the BTCFi ecosystem.
