#MarketTurbulence

Bitlayer currency, known as BTR, is a digital currency related to the Bitlayer platform, which is a Layer 2 solution built on BitVM technology to achieve security similar to Bitcoin. Bitlayer aims to expand Bitcoin's computational capabilities while maintaining the security of Bitcoin's first layer.

*Details about BTR currency:*

- *Currency price*: $0.2

- *Amount available for sale*: 20,000,000

- *Locks*: 100% of the assets will be released at TGE

- *Funding*: Bitlayer raised $6 million, with $4 million from ICO

*News about Bitlayer:*

- Binance Wallet will launch a pre-sale event for Bitlayer currency (BTR) on August 13¹ ²

*What is Bitlayer?*

Bitlayer is a Layer 2 platform aimed at achieving security similar to Bitcoin, built on BitVM. It supports an environment where Bitcoin's computational capabilities can be expanded and offers a framework for assets called BitRC-20 to enhance diversity and security in the Bitcoin network.