What Is PumpBTC (PUMP)?
PumpBTC is a liquid staking solution for Babylon, a decentralized finance (DeFi) protocol. It enables Bitcoin holders to stake their assets without the need to lock them up for extended periods. This allows users to participate in the DeFi ecosystem while still maintaining liquidity, as they can earn rewards without losing access to their staked Bitcoin. The PumpBTC protocol aims to offer more flexibility and efficiency in staking, targeting those who want to benefit from Bitcoin staking without the typical limitations of traditional methods.
How PumpBTC Works
PumpBTC operates by allowing users to stake their Bitcoin through the Babylon protocol. In return, they receive liquidity tokens, which represent the staked Bitcoin. These tokens can be used across other decentralized finance platforms, enabling users to access liquidity while still earning rewards. The process is backed by custodians such as Cobo and Coincover to ensure that every Bitcoin staked is secured on a 1:1 basis. The system also integrates a point-based mechanism, where users earn points through staking and participating in other activities within the PumpBTC ecosystem, which can be used for additional rewards.
Who Are the Founders of PumpBTC?
The specific identities of the founders of PumpBTC are not publicly disclosed.
How Many PumpBTC (PUMP) Tokens Are in Circulation?
PUMP, the native token of the PumpBTC ecosystem, is available on various exchanges. It has a total supply of 21 million tokens.
How to Buy PumpBTC (PUMP) on Bitget?
Consider investing in PumpBTC (PUMP)? Follow these steps:
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Verify your identity.
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Deposit funds.
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Check out the available PumpBTC trading pairs on Bitget.
Spot Trading
Is PumpBTC a Good Investment?
Investing in PumpBTC carries potential risks, like any cryptocurrency or DeFi project, due to market volatility and the evolving nature of the space. It's important for investors to carefully research the project, assess the risks, and consider their own financial goals before making any decisions.
Simple 3-step guide to buying PUMP today in Greece
Create your free Bitget account
Select a funding method
Complete your PumpBTC purchase
Step 1: Create a free account on the Bitget website or the app
Step 2: Place an order for PumpBTC using a payment method of your choice:
Buy PumpBTC with a debit/credit card
For Visa or Mastercard, select Credit/Debit card, then click Add New Card under the "Buy" tab
Credit/Debit in the Buy Crypto tab of the Bitget app
Credit/Debit in the Buy Crypto tab of the Bitget websiteSelect your preferred fiat currency, enter the amount you wish to spend, link your credit card, and then complete your payment with zero fees.
Add a new card to complete your payment on the Bitget app
Enter your bank card details to complete your payment on the Bitget websiteFor Diners Club/Discover card, click Buy Crypto > [Third Party] in the top navigation bar to place your PumpBTC order.
How to buy crypto with credit/debit cardBuy PumpBTC with Google Pay or Apple Pay
Converting your Google Pay and Apple Pay balance into PumpBTC is easy and secure on Bitget. Simply click Buy Crypto > [Third Party] in the top navigation bar to place your PumpBTC order.How to buy crypto via third-party gatewayBuy with bank transfer
We accept various payment methods, including iDeal and SEPA for EUR, PIX for BRL, PayID for AUD, UPI for INR, QRIS, DANA, and OVO for IDR, SPEI for MXN, and GCash for PHP. These services are facilitated by Alchemy Pay, Banxa, Mercuryo, and Simplex payment gateways. Simply select Buy Crypto > [Third Party] in the top navigation bar and select a fiat currency to place your PumpBTC order.Buy PumpBTC with the fiat balance in your Bitget account
You can Deposit fiat funds using SEPA to top up your Bitget fiat balance. Then click Buy Crypto > [Cash conversion] in the top navigation bar to place your PumpBTC order.P2P trading
With Bitget P2P, you can buy crypto using over 100 payment methods, including bank transfers, cash, and e-wallets like Payeer, Zelle, Perfect Money, Advcash, and Wise. Simply place an order, pay the seller, and receive your crypto. Enjoy secure transactions with escrow protection.How to buy crypto on Bitget P2P
Step 3: Monitor PumpBTC in your Bitget spot wallet
Bitget—where the world trades PumpBTC
How to buy PumpBTC for free
- Learn how to earn PumpBTC for free through the Learn2Earn promotion
- Earn free PumpBTC by inviting friends to join Bitget's Assist2Earn promotion
- Receive free PumpBTC airdrops by joining On-going challenges and promotions
Buy other cryptos
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FAQ
Can I buy $1 worth of PumpBTC?
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Should I buy PumpBTC right now?
Greece is officially the Hellenic Republic, located in Southeast Europe, with a population of 10,432,481. Athens is the capital and largest city of Greece. The official currency of Greece is the Euro (EUR). It only takes a few minutes to buy cryptocurrencies on Bitget by EUR, including Crypto Deposits, P2P Trading, and Third-Party Payments (using Credit cards, Apple Pay, or Google Pay.)
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