SafeBitcoin (SafeBTC) is a friction-less, border-less, yield generating, community-owned token on the Binance Smart Chain soon to be launched on the Ethereum (ETH) network as well. Its official website is SafeBitcoin.io and its official Telegram channel can be reached here
SafeBitcoin (SafeBTC) Key Facts
Each SafeBTC selling transaction has a 4% penalty: 2% is locked in liquidity forever and 2% is distributed back to token holders.
Almost 60% of its total supply has been burned and ownership has been renounced, making it a deflationary, community-owned token.
Its contract and code have been audited and declared safe and fully inaccessible. SafeBTC is often referred to as a Store Of Value such as Bitcoin (BTC) with the additional benefit of yield-generating typical of Defi.
History of SafeBitcoin (SafeBTC)
SafeBTC was launched in late March 2021. The original developer renounced ownership and burned 58% of the supply. Since then, SafeBTC has seen its Telegram (software) community grow past 7000 members in a few days and its listing on popular cryptocurrencies aggregators such as Coinmarketcap and Coingecko.
The SafeBTC team is planning a major re-branding and re-launch including the new website SafeBitcoin.io ( ), new Whitepaper, and updated Roadmap.
SafeBitcoin (SafeBTC) Token Metrics
SafeBTC has a total supply of 1,000,000,000,000 tokens. A total of 589,106,103,934,802 tokens have been burned forever making the current Circulating Supply 410,897,015,655,234. The circulating supply keeps being burned. As of April the 5th, 2021 SafeBTC counts over 200,000 token holders.
Total burned supply to date accounts for 58% of the total. Liquidity accounts for 2% and the remaining 40% are community-owned.
SafeBitcoin (SafeBTC) Future Developments
SafeBTC will be releasing its multi-platform wallet in the upcoming months. They are planning to partner with the industry leaders in the Fintech and DeFi space to be able to allow border-less, friction-less, and gas-free transactions, instantly.
The SafeBitcoin ecosystem will give birth to the following services: SafeAudit, SafeCommerce, SafeFarm, and SafeLending.
How do I buy SafeBitcoin (SafeBTC) Token?
While some cryptocurrencies, including bitcoin, are available for purchase with U.S. dollars, others require that you pay with bitcoins or another cryptocurrency.
To buy cryptocurrencies, you’ll need a “wallet,” an online app that can hold your currency. Generally, you create an account on an exchange, and then you can transfer real money to buy cryptocurrencies such as bitcoin or Ethereum. Here’s more on how to invest in bitcoin.
Coinbase is one popular cryptocurrency trading exchange where you can create both a wallet and buy and sell bitcoin and other cryptocurrencies. Also, a growing number of online brokers offer cryptocurrencies, such as eToro, Webull, and Sofi Active Investing. Robinhood offers free cryptocurrency trades (Crypto.com is available in most, but not all, U.S. states).