Gate.io
Poloniex
XT.COM
Purcow
LATOKEN
Hotbit
Hotbit
Binance
Binance
PancakeSwap (v2)
Nominex
Nominex
Nominex
PancakeSwap (v2)
PancakeSwap (v2)
PancakeSwap (v1)
PancakeSwap (v2)
Binance
VCC Exchange
VCC Exchange
Bitcoin Standard Hashrate Token aims to bring exchange-grade liquidity to Bitcoin mining and solve the current problem of a limited number of exit options while participating in the mining process.
Each BTCST is collateralized by 0.1 terahash per second of Bitcoin mining power. Users are able to stake their BTCSTs and by doing so they can receive daily Bitcoin distributions corresponding to the amount of mining power staked. No upper limit and no KYC required.
Each BTCST is a token collateralized by a standardized unit of actual Bitcoin mining power. Holding the token is legally and functionally equivalent to owning the underlying mining power; staking the token on-chain will entitle the staking holder to receive mining rewards in Bitcoin; and listing of BTCST on major exchanges will bring meaningful liquidity to tokenized Bitcoin mining power. BTCST creates an efficient market among Bitcoin miners and those interested in becoming one. By trading BTCST, market participants can freely enter and exit Bitcoin mining exposure in any size, at any time, and with low costs. Even miners without mining power tokenized by BTCST can make use of the token to capture the profits in or hedge against the risks of mining machine price fluctuation. BTCST also connects miners with traders in general. Because the market price of BTCST will perform as a leveraged Bitcoin token, BTCST will meet a variety of trading needs of proprietary and algorithmic traders in ways that are previously unattainable.
