BTSE: The Crypto Oasis with 150+ Coins!
BTSE is a crypto exchange with 150+ assets listed. It uses BTSE tokens, part of the Liquid Network, and has a market cap of $274M. It offers multiple rewards and staking program benefits. Founded by pros with experience in Wall Street, it is focused on innovation and usability.
BTSE is one of the top crypto exchanges, where users can trade 150+ crypto assets on the spot and futures markets. On March 5, 2020, the exchange announced the commencement of a public sale round for the BTSE token.
Since then, the coin has become a public asset and the first exchange token launched on the Liquid Network. Currently, the Liquid Network is widely regarded as one of the most prominent Bitcoin sidechains.
The BTSE token acts as fuel for triggering and utilizing a range of financial services designed and implemented on the BTSE exchange.
BTSE Token Value & Utility
With the massive adoption of BTSE tokens, the developers made efforts to reduce trading fees, provide additional discounts for premium services, and expand the limits for ecosystem participants. Besides, the BTSE token includes access to exclusive programs and other services within the BTSE environment.
According to Coinmarketcap, BTSE token key indicators as of June 12, 2023 are as follows:
- Token name: BTSE
- BTSE price: $1.37
- Technology: ERC20
- Fully diluted market cap: $274,040,000
- Market Cap: $5,966,825
- Volume (24h): $3,968
- Total supply: 165,904,711 BTSE
- Circulating supply: 4,354,711 BTSE
The BTSE exchange notes a gradual boost in trading volume within the platform, which positively affects the utility side of the BTSE token and its acceptance among the general public of crypto fans.
BTSE Origins
Jonathan Leong is the founder and Chairman of the Board of BTSE, a project that saw the world in 2018. BTSE was developed by a world-class team of traders and programmers who showed their agility on Wall Street. BTSE's thorough comprehension of trading exchange dynamics and the essential tools required by crypto traders enabled it to firmly establish itself in a fiercely competitive landscape. The platform has earned a reputation for reliability by offering lucrative derivatives options that have contributed to its success.
Throughout the project's life cycle, the architects focused on implementing technological innovations and developing high-quality retail products. Gradually, the team increased the number of digital assets by adding trading options with the hottest stablecoins.
In order to bring BTSE mainstream adoption, the product team has been improving the platform to make it equally user-friendly for beginners and progressive users. As a result, the BTSE token has taken on the ultimate utility load to enhance the user experience by offering unique features and extra rewards for passive income traders.
BTSE Funding
The BTSE project raised $22 million over two investment rounds, with the last Series A round on December 1, 2020. Meanwhile, BTSE has managed to finance and back several promising projects, including Orderly Network and Finblox.
BTSE Roadmap
BTSE is focused on further expansion into global markets. Today, the company seeks licenses and permits in various jurisdictions to offer its services legally.
Here's what the SE Roadmap 2021–2023 looks like:
- 2019: $50M Token Raise on Blockstream's Ethereum Rival Liquid
- 2022: Web3 Wallet Support | Low Fees for Futures Trading
- 2023: Apply for Hong Kong Digital Asset Licenses | Gain Virtual Asset Services Registration
Notably, the BTSE token utility features set is expanding to add new benefits to coin holders.
BTSE Tokenomics Details
Official figures show that the BTSE issued 165 million coins. In the meantime, BTSE will be vested over 5.5 years after the initial private token sale. The initial private sale round offered 50 million BTSE tokens, while the remainder of the unsold tokens will be burned to balance the required price level.
