## What Is BTSE Token (BTSE)?

BTSE Token (BTSE) was launched on March 5, 2020, as an exchange utility token intended to enhance the user experience within the BTSE ecosystem. It stands out as the first exchange token running on Liquid, a Bitcoin sidechain-based settlement network designed for traders and exchanges. This network integrates features like Confidential Transactions and Confidential Assets, aiming to elevate on-chain privacy levels.


### Who Are the Founders of BTSE?

The BTSE Token is an initiative by [BTSE] (https://coinmarketcap.com/exchanges/btse/), a prominent digital asset exchange founded in 2018 by Jonathan Leong and Brian Wong. Leong, with over 15 years in the tech space, has a history of crafting high-end, mission-essential systems. Wong, on the other hand, boasts a significant tenure in financial institutions like Goldman Sachs and has experience developing efficient high-speed trading products tailored for the Asian financial markets.

At present, the leadership at BTSE comprises CEO Henry Liu and COO Jeff Mei. Liu, with a merchant banking background, ventured into the blockchain sphere in 2016. Mei spearheads global expansion and strategic operations, leveraging his extensive knowledge from both the blockchain and traditional finance domains. Their collective vision underscores BTSE's dedication to furnishing a secure, intuitive trading interface, bridging traditional financial models with contemporary digital asset solutions.


### What Makes BTSE Token (BTSE) Unique?

The distinctiveness of BTSE Token lies in its functionalities and benefits within the BTSE ecosystem:

* **Fee Discounts**: Users can stake BTSE Tokens to enjoy maker fee discounts on the platform.
* **VIP Status**: Holding BTSE Tokens in a spot wallet qualifies users to achieve VIP status, unlocking a slew of exclusive benefits.
* **Passive Earnings**: Staking BTSE Tokens via the platform's Earn program offers a passive income stream to its users.
* **Exclusive Events**: The token grants access to unique events, encompassing token airdrops and NFT lotteries on the platform.


### How Many BTSE Tokens (BTSE) Are There in Circulation?

As of August 2023, the circulating supply of BTSE Tokens stands at 165,302,731 out of a maximum of 200,000,000 BTSE.


### How Is the BTSE Network Secured?

Security remains paramount at BTSE. The platform implements top-tier security measures, including:

* Cold storage for funds, ensuring that assets are out of reach from online vulnerabilities.
* A robust cold storage system necessitating multiple access keys for retrieval.
* Data redundancy across multiple sites.
* A fortified firewall.
* Enhanced two-factor authentication and encryption through HTTPS/SSL protocols.


### Where Can You Buy BTSE Tokens (BTSE)?

BTSE Tokens are available for trading on several platforms:

* [BTSE] (https://coinmarketcap.com/exchanges/btse/)
* [Bitfinex] (https://coinmarketcap.com/exchanges/bitfinex/)


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