BTC Proxy Is Live on BNB Chain and Interoperable With WBTC and BTCB
Bitcoin, WBTC ERC20 and Polygon as well as BTCB BEP20. This is a major leap forward for the Bitcoin DeFi ecosystem as it opens up the protocol to 19.2M Bitcoins in circulation as well as 52,979 BTCb on Binance as well as 176,097 WBTC in circulation on Ethereum and Polygon.Proxy is suitable for full custody investment funds and holders that need the assurance of a qualified custodian.
Qualified custodians reduce counterparty risk as the holdings are insured and regulated and required to segregate client funds and are not permitted to trade or leverage their holdings. This is a hot topic since the collapse of major centralized platforms like FTX and Celsius have eroded consumer trust in cryptocurrencies.Proxy is integrated with leading custodians such as Binance Custody, Fireblocks and Gemini Trust.
Users using BTCpx can now freely move it seamlessly from one network to another and redeem it for real
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