BitCNY (All you need to know about BitCNY)

BitCNY (All you need to know about BitCNY)

BitCNY (All you need to know about BitCNY)

Read all about BitCNY.

Ever since the bitcoin boom and its continuous success, there have been several other cryptocurrencies that have been launched looking to be the “next bitcoin”.

These days, there are so many airdrops of new cryptos that are coming out, some of them are just pure scam, so it pays to be careful before you waste your time and money on them.

BitCNY is a pegged cryptocurrency asset. It is tethered to the Chinese YUAN, and it was created to offer a stable trading asset to investors.

It is one of the many pegged asset available for trading at the Bitshares exchange and it represents the number of bitshares needed to equal one government issued Chinese YUAN.

In this blogpost, I am going to be writing about all you will need to know about BitCNY, including “BitCNY airdrop”, “is bitcny legit?”, “Bitcny wallet” and more.

Remember to leave us a comment after you finish reading and also share with your friends on social media.

Let’s get into it then…

Read my Stakexchain review

What is BitCNY?

BitCNY is a pegged cryptocurrency asset. It is tethered to the Chinese YUAN, and it was created to offer a stable trading asset to investors.

It is one of the many pegged asset available for trading at the Bitshares exchange and it represents the number of bitshares needed to equal one government issued Chinese YUAN.

BitCNY has become quite popular, because it’s one of the few stable coins that is tied to something other than the US dollar.

BitCNY airdrop

BitCNY is airdropping 10,000 BitCNY coins worth $1,500 to all participants who join the BitCNY airdrop. Also, there will be 20 BitCNY worth $3 as a referral bonus, participants are required to complete simple tasks on their telegram bot and submit their wallet address.

They will receive the airdrop amount automatically when the distribution begins. Click https://t.me/BitCryBot?start=r09124611830

How to get started

  1. Visit the BitCNY telegram bot https://t.me/BitCryBot?start=r09124611830 and follow the instructions.
  2. Follow them on twitter, retweet and liked the pinned tweet.
  3. Join the chat community and news channel.
  4. Submit your wallet address (ERC20 compatible), an ethereum wallet address from metamask or trustwallet can serve.
  5. Submit your twitter username.
  6. You will get 10000 bitcny worth $1,500 on your balance.
  7. Also get 20 BitCNY worth $3 for each referral.
  8. You are required to refer a minimum of 5 members and wait till the 15th of January 2021 when your token will be distributed automatically to your wallet.

Is BitCNY legit?

BitCNY seems legit and also the fact that they are giving out tokens for free, means that you basically have nothing to lose. It has been listed on coinmarketcap and is available for trading on the Bitshares exchange.

BitCNY current price

BitCNY has a current supply of 29,167,200 and the last known price is $0.142057. You can check the current price of BitCNY here https://coinmarketcap.com/currencies/bitcny

Conclusion

If you are looking for a good place to put some money where it will not swing wildly around in price, then this might be a better option.

Thank you for reading my blogpost. If you have any question or comments, you can leave it below in the comment section.

Remember to subscribe to this blog for more cryptocurrency information and also share with your friends on social media.

Thank you once again for reading.

 

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