Skip to content

DappsAtlas index · 14,224 dApps

DappsAtlas
Binance Bitcoin logo

Anchor Btc · Review

Binance Bitcoin Review 2026: BTC-Pegged Token

Binance Bitcoin is described as a BTC-pegged token associated with Binance Bridge. Key details about its backing, redemption and use are not published.

By the DappsAtlas editorial team · Updated

DappsAtlas score

—/10

Not rated

Our verdict on Binance Bitcoin

Binance Bitcoin may be relevant to users looking for a Bitcoin-pegged token associated with Binance Bridge. The main point in its favor is a clearly stated connection to BTC; the central caveat is that the token’s backing, custody, redemption process and supported uses are not explained. No audits are listed, and fees are not published. Verify the exact asset and its current terms before using it, and do not assume it can be redeemed one-for-one for Bitcoin.

Score breakdown

How Binance Bitcoin scores

Security
n/a
Ease of use
n/a
Fees
n/a
Features
n/a

Scores run from 0 to 10 and are based only on facts we could verify. Where information was missing we mark the score n/a rather than guess.

What is Binance Bitcoin?

Binance Bitcoin is described as a BTC-pegged token associated with Binance Bridge. It is intended to represent Bitcoin, but details about its backing, redemption process and supported uses are not published. Confirm the exact asset and its terms before treating it as equivalent to BTC.

How Binance Bitcoin works

Binance Bitcoin is described as a BTC-pegged token associated with Binance Bridge. A pegged token is intended to represent the value of an underlying asset—in this case, Bitcoin—but the mechanism and reserves supporting this token are not explained.

Public sources do not specify how users obtain or redeem it, which wallets or applications support it, or what happens if the peg is disrupted. Verify the exact asset and its current terms before treating it as interchangeable with BTC.

2 features

Key features

01

BTC peg

The token is described as pegged to Bitcoin, but the method used to maintain the peg is not explained.

02

Bridge association

Binance Bitcoin is described as a token from Binance Bridge. Its supported uses are not specified.

Pros and cons

What we like

  • The token is explicitly described as BTC-pegged.
  • It is associated with Binance Bridge.
  • The listed chain is Bitcoin.

Watch out for

  • The token’s backing, custody arrangements and redemption process are not explained.
  • No audits are listed.
  • Fees and supported uses are not published.

Binance Bitcoin fees

Fees are not published. Check the applicable transaction and redemption costs with Binance before using the token; the terms may depend on the transaction and network.

Is Binance Bitcoin safe?

No audits are listed. Public sources do not explain the token’s reserves, custody arrangements or redemption process, so users cannot assess from those details how the peg is supported. These are material counterparty and peg risks. Binance’s regulatory terms for this token are not specified.

4 steps

How to get started with Binance Bitcoin

  1. 1

    Find the exact Binance Bitcoin asset and confirm its contract or asset identifier before interacting with it.

  2. 2

    Check which network and wallet support the specific token you intend to use.

  3. 3

    Read Binance’s current terms for backing, custody and redemption; these details are not published in the description of the token.

  4. 4

    Review transaction and redemption costs before sending funds.

Who Binance Bitcoin is for

This token may interest people researching Binance Bridge’s BTC-pegged asset. It is a poor fit for anyone who needs clear, published information about reserves, redemption, fees or audits before taking on token or counterparty risk.

Binance Bitcoin FAQs

What is Binance Bitcoin?

It is described as a BTC-pegged token associated with Binance Bridge. The details of its backing and redemption process are not published.

Is Binance Bitcoin audited and redeemable?

No audit is listed, and details about custody and redemption are not published. Treat those as unresolved risks before relying on the token as a substitute for BTC.

Compare

Binance Bitcoin alternatives

All alternatives
Vishwa logo

Vishwa

Anchor Btc

Score 7.0 out of 10

Vishwa is non-custodial infrastructure that enforces policy on AI agents' capital and compute spending before execution, tracked on Bitcoin and Sui.

TVL $50.3M−3.9%Bitcoin · Sui
Function FBTC logo

Function FBTC

Anchor Btc

Score 7.2 out of 10

Function issues FBTC, a Bitcoin-backed token for lending, staking and vaults across chains, with about $666M TVL on DefiLlama.

TVL $628M−3.1%Bitcoin
Bedrock uniBTC logo

Bedrock uniBTC

Anchor Btc

Score 6.4 out of 10

Bedrock uniBTC is a multichain Bitcoin-linked token that stakes BTC into Babylon, for holders seeking Bitcoin yield.

TVL $326M−2.2%Bitcoin · Ethereum · Merlin +15
Lorenzo enzoBTC logo

Lorenzo enzoBTC

Anchor Btc

Score 6.3 out of 10

enzoBTC is Lorenzo Protocol's wrapped Bitcoin token, aimed at BTC holders who want on-chain use and can accept wrapped-asset custody risk.

TVL $455M−3.8%Bitcoin
exSat Staking BTC logoScore 6.5 out of 10

exSat Staking BTC is a 1:1 EVM-compatible wrapped Bitcoin token for BTC staked in exSat, tied to a sales-gated digital bank for yield, custody and payments.

TVL $176M−6.0%Bitcoin
Circle Bitcoin logo

Circle Bitcoin

Anchor Btc

Score 6.8 out of 10

Circle Bitcoin (cirBTC) is Circle's 1:1 BTC-backed wrapped token on Ethereum, aimed at DeFi users and institutions needing BTC liquidity.

TVL $19.7M−48.3%Bitcoin · Ethereum

Same category

More Anchor Btc dApps

Anchor Btc rankings
Solv Others logo

Solv Others

Anchor Btc

Score 7.0 out of 10

Solv Protocol issues SolvBTC, a 1:1 tokenized Bitcoin, plus yield-bearing versions for BTC holders; this listing tracks its Merlin deployment.

TVL $576K+7.5%Merlin
Tzbtc logo

Tzbtc

Anchor Btc

Score 6.5 out of 10

tzBTC is a Bitcoin-backed token for Tezos users, with KYC-gated minting and redemption through Gatekeepers.

Tezos
BitFi BTC logo

BitFi BTC

Anchor Btc

Score 6.4 out of 10

BitFi BTC is a CeDeFi platform offering bfBTC, a yield-bearing Bitcoin liquid staking token, and bfUSD, a yield stablecoin, for BTC and USD holders.

TVL $85.7M−3.9%AILayer
Hermetica hBTC logo

Hermetica hBTC

Anchor Btc

Score 6.4 out of 10

hBTC is Hermetica's self-custodial Bitcoin yield product on Stacks, paying daily BTC yield for holders who want to earn on their Bitcoin.

TVL $3.51M−4.8%Stacks
YBTC.B logo

YBTC.B

Anchor Btc

Score 6.2 out of 10

YBTC.B is Bitlayer's wrapped native BTC token for moving Bitcoin liquidity across EVM and non-EVM chains, aimed at BTC holders using DeFi.

TVL $144K−4.0%Bitlayer
SatLayer logo

SatLayer

Anchor Btc

Score 5.5 out of 10

SatLayer is a Bitcoin restaking protocol where BTC secures services called BVSs, aimed at BTC holders, operators and developers.

TVL $137K−21.4%Ethereum · BNB Chain · Sui +6

Same chain

More on Bitcoin

Bitcoin rankings
OKX logo

OKX

Centralized Exchanges

Score 8.0 out of 10

OKX is a major centralized crypto exchange for spot and derivatives trading, earn products and a Web3 wallet, with its own OKB token.

TVL $28.4B−0.7%Ethereum · Bitcoin · X Layer +21
Bitvavo logo

Bitvavo

Centralized Exchanges

Score 7.9 out of 10

Bitvavo is an Amsterdam-based, MiCA-authorized crypto exchange offering 400+ assets, euro deposits, staking and leverage trading for European users.

TVL $358M+16.7%Ethereum · Bitcoin · Solana +9
Robinhood logo

Robinhood

Centralized Exchanges

Score 7.8 out of 10

Robinhood is a US brokerage app offering commission-free stocks, options, futures and custodial crypto trading for retail investors.

TVL $13.7B−3.0%Bitcoin · Ethereum · Polygon +1
Deribit logo

Deribit

Centralized Exchanges

Score 7.8 out of 10

Deribit is a centralized crypto derivatives exchange known for Bitcoin and Ethereum options, plus futures, perpetuals and spot, aimed at active and institutiona

TVL $3.61B−4.4%Bitcoin · Ethereum · Solana +2
Lombard LBTC logo

Lombard LBTC

Restaked Btc

Score 7.8 out of 10

Lombard issues LBTC, a yield-bearing Bitcoin token backed 1:1 by BTC, for holders and institutions who want to use Bitcoin in DeFi.

TVL $519M−5.4%Bitcoin · Ethereum
Gate logo

Gate

Centralized Exchanges

Score 7.7 out of 10

Gate is a centralized crypto exchange founded in 2013 offering spot, futures, stocks and earn products for traders who want one multi-asset account.

TVL $5.84B−4.6%Ethereum · Bitcoin · BNB Chain +129

How we checked

Sources

  1. 1.defillama.com/protocol/binance-bitcoin

Last updated . Spotted an error? Tell us and we will correct it.