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Green Bitcoin (GBTC): A Sustainable Approach to Crypto Investing

Green Bitcoin (GBTC): A Sustainable Approach to Crypto Investing

Beginner
2024-04-26 | 5m

What is Green Bitcoin (GBTC)?

Green Bitcoin (GBTC) is the first gamified green staking platform that embraces environmentally conscious philosophy and introduces an innovative staking model. Unlike the original Bitcoin blockchain, which relies on the energy-intensive Proof of Work (PoW) mechanism, Green Bitcoin is built on a more sustainable Proof of Stake (PoS) consensus mechanism of Ethereum. This reduces the computational power required for Green Bitcoin, making it 10,000 times more eco-friendly than Bitcoin.

How Green Bitcoin (GBTC) Works

Green Bitcoin introduces a revolutionary staking system known as Gamified Green Staking. Stakers participate in predicting the price direction of Bitcoin for the next day, earning rewards when their predictions land in the selected green zone. This gamified approach not only encourages community engagement but also provides additional earnings for participants.

To incentivize commitment and long-term participation, Green Bitcoin offers additional rewards for extended staking durations. Daily, weekly, monthly, and six-month stakers receive scaled bonuses, which reflects their level of commitment to the GBTC ecosystem. This structure not only rewards participants but also promotes stability and growth within the network.

Whether you're a cautious investor or an adventurous trader, Green Bitcoin caters to all types of participants. Its user-friendly platform and simple staking process make it accessible to a wide range of users, promoting inclusivity and sustainable growth within the crypto community.

GBTC Goes Live on Bitget

Green Bitcoin offers a sustainable and innovative approach to earning rewards in DeFi. With its emphasis on eco-friendly practices, gamified staking, and community engagement, Green Bitcoin will surely carve out a niche in the ever-evolving world of digital assets.

GBTC on Bitget PoolX

GBTC will be a part of Bitget PoolX, a platform for users to earn new tokens for free on an hourly basis. Join now to get the best out of it!

From April 26, 8:00 – May 6, 8:00 (UTC), you can grab a share of 75,000 GBTC through:

BTC Pool:

○ Users can stake up to 2 BTC in Bitget PoolX to earn from a 75,000 GBTC pool.

To use Bitget PoolX, follow these simple steps:

Step 1 - Coin Staking: Begin by selecting a staking pool from the available options. Choose the cryptocurrency you want to stake and the duration of your staking period. Once selected, confirm your staking amount to join the pool.

Step 2 - Coin Distribution: After staking your coins, you'll automatically grab a share of the prize pool based on the proportion of your staking amount compared to the total staking pool amount. Rewards are distributed hourly, so you can expect to see your earnings accumulate over time.

Step 3 - Results Display: Keep track of your rewards by checking the Participation History. Here, you can view the distribution of rewards and monitor your staking progress.

For more specific information on how to get GBTC tokens on Bitget PoolX, check out the announcement here.

Stake BTC to Get GBTC now!

How to Trade GBTC on Bitget

Listing time: April 26, 2024

Step 1: Go to GBTCUSDT spot trading page

Step 2: Enter the amount and the type of order, then click Buy/Sell

Trade GBTC on Bitget now!

Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.

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