#CryptoIntegration Bitlayer is a new project built on Bitcoin that brings smart contracts and faster transactions to the Bitcoin network. It’s part of a growing trend called BTC-Fi, which means using Bitcoin in decentralized finance (DeFi). Binance has partnered with Bitlayer to help it grow and reach more users.

Binance supported Bitlayer through a special campaign called the Bitlayer Booster Program. In this program, Binance Wallet users could complete tasks and earn Bitlayer’s token, BTR. Binance gave out 30 million BTR tokens as rewards, which is 3% of the total supply. To join, users needed to have at least 61 Alpha Points in their Binance Wallet. The tokens were locked for a while and could only be traded once Bitlayer allowed it.