5 Reasons Why Beginners Should Try Rootstock (RSK) for Bitcoin-Based DeFi
Rootstock or RSK is a smart contract network that uses Bitcoin security. If you are a beginner in the DeFi world, this could be the ideal starting gate!
1. Bitcoin Security, Ethereum Flexibility
Rootstock inherits security from the Bitcoin network, but also supports smart contracts like Ethereum. So it's secure, but still flexible for dApps.
2. Fast & Cheap Transactions
Transaction fees on Rootstock are much cheaper than Ethereum. Suitable for those who are just starting out and don't have much capital.
3. Native Token rBTC=BTC in the DeFi World
rBTC is a "wrapped" version of Bitcoin that can be used in the DeFi world. You can swap, stake, farm, and more using BTC!
4. Fast-Growing Ecosystem
From LayerBank, SushiSwap to Uniswap, all have started to enter Rootstock. The ecosystem is really buzzing.
5. Support from Binance & Community
with Binance's educational programs like airdrops, Learn & Earn, and you can earn while you learn.
If you still hesitant to start DeFi because t is complicated and expensive, Rootstock can be a solution. Cheap, Safe, and supported by a strong community. Let's explore!