Investor’s Guide to Bitcoin Rhodium
On January 22, 2019, Bitcoin Rhodium was officially listed on the P2PB2B.io exchange, which recently ranked among top 20 exchanges on CoinMarketCap.com by Adjusted Volume. As other exchange listings are imminent, Bitcoin Rhodium’s adoption is likely to grow among crypto investors and miners. In this context, we would like to provide a comprehensive overview of things you need to know when forging your investment strategy.
What is Bitcoin Rhodium?
Bitcoin Rhodium (also known as BTR, available on exchanges under XRC ticker) is a store-of-value cryptocurrency with a strong appeal for investors looking for a long-term investment in crypto securities. BTR is hard to come by. Its total supply is limited to 2.1 million units only, with initial supply distributed exclusively through an airdrop, with around 830,000 currently in circulation. BTR is not a Bitcoin fork. It is a unique blockchain that utilizes the X13 PoW algorithm with a block size of 4 MB. The source code will be released publicly very soon.
What is Bitcoin Rhodium’s use case?
Besides the scarce supply, that already makes it a go-to coin for some investors, BTR has several distinguishing features.
The most prominent one is the Strong Hands programme that was launched already on January 1st, 2019. It will reward proactive holders and stimulate new investment, making it possible to earn between 0,5% and 30% in return on one’s holdings every year.
BTR also embraces a strong philosophy of the Crypto Trinity, based on the natural convergence between BTR, Bitcoin and Litecoin. The three coins form an efficient, pyramid-shaped ecosystem that can facilitate the whole spectrum of investors with different investment preferences.
Furthermore, BTR is looking to expand its use case and support crypto acceptability through implementation of a decentralised P2P market place for crypto and precious metals investors.
Where to trade Bitcoin Rhodium?
After the mainnet launch in October 2018, an organic OTC market formed, organized mainly in the lively BTR Discord chat room. In early December 2018, BTR was listed on Bisq, a decentralised P2P trading platform. Since then, BTR price has grown 10 times within a month, reaching 0,007 BTC per BTR lately, at the peak trading as #2 coin on the platform. And finally, on January 22 this year, BTR was listed on its second traditional exchange, P2PB2B.io. With the previous listing at Sistemkoin and listing at CoinMarketCap.com, together with other exchanges, coming in the near future, BTR is gaining a lot of traction.