xBTC - the new face of investing in digital assets
Domination in the market today bitcoin stands in question. Based on the growth of other digital assets tokens xBTC offers users a number of benefits while supporting community development centered around Social Capital.
xBTC and dominance of the Bitcoin market
The xBTC token, issued by Social Capital, is a token that tracks Bitcoin's predominance of market capitalization as a target price. As other digital assets grow and new tokens enter the market, this capitalization will gradually decline in importance.
According to the plan, xBTC is based on the combined growth of outstanding digital assets, competing with each other for market capitalization. The digital market is attracting more and more investors, which is conducive to its development, and at the same time poses a threat to the dominance of Bitcoin.
New participants see a number of benefits of solutions and tools included in the Fintech team.
What exactly is xBTC?
Token xBTC tworzy fundusz indeksowy wszystkich alcoinów poza Bitcoinem, śledzący względną kapitalizację rynkową.
This is the first so-called Dominance Hedge against Bitcoin.
It is estimated that nearly $ 200 billion has been invested in Bitcoin. For a wide group of investors, it is very important to reduce the risk associated with the Bitcoin market position.
Meanwhile, xBTC, instead of restricting its prices, restricts itself against the dominance of capitalization. In other words, the concept of xBTC is based on market capitalization movements. xBTC, this is a rebas token associated with the dominance of BTC.
In addition, as the value of altcoins increases, investors receive more tokens - xBTC monitors the market capitalization of every single altcoin.
Community rewards
XBTC token holders can count on rewards, both for their storage and community development contributions. Their price is determined by demand - it rises in line with increasing demand. Then the holders of the tokens receive more of them, and the value of the rate for them also increases.
benefits
The price of xBTC is related to BMCD and can be considered relatively stable compared to other properties. A token therefore focuses on many benefits.
Based on modern technology, xBTC provides simple and fast access to digital resources, meeting the needs of both beginners and experienced investors.
Its users get convenience and functionality, as well as a guarantee of a quick response to unfavorable market conditions. Both individuals and institutions can benefit from these benefits, and long-term users will be rewarded. In line with the vision of Social Capital, the new concept of finance will be created with the whole community, whose development will be supported by the xBTC token.
