How To Buy Green Bitcoin (GBTC) in 2024

Bitcoin’s price might be too high for entry-level crypto enthusiasts and investors. Green Bitcoin (GBTC) is an alternative with a lower price. The first step to gain from this new project is to buy Green Bitcoin, while the rest comes from staking.

The “green” in the name doesn’t wholly refer to sustainable energy. However, it points to the sustainable earning nature that comes from predictions and staking. You’ll have a less energy-consuming coin without relying on the market to determine its price.

Most cryptos rely wholly on the market for their prices, while others use in-built value to maintain relevance. We’ll assess $GBTC’s approach and show you how to buy a green Bitcoin token in 2024. Even so, you’ll see why we think this token might be a good investment for the year.

The price or value of cryptocurrencies can rapidly increase or decrease at any time. You must be satisfied that this crypto offering is suitable for you in light of your financial circumstances and attitude towards risk.

What Is Green Bitcoin?

Green signifies renewability and sustainability, at least from an energy perspective. Bitcoin mining will not go on forever. Hence, it is unsustainable.

Green Bitcoin is an eco-friendlier token than Bitcoin. Its gamification also provides more continuous rewards than just buying and selling on an exchange.

This project is among the current crypto presales, with a gradual price increase after every presale round. Those who stake during presales will also qualify for the annual percentage yield.

While rolling with Bitcoin’s legacy, $GBTC is an ERC-20 token. Ethereum is the preferred option because of the following benefits:

• The blockchain’s use of the proof-of-stake consensus mechanism aligns with GBTC’s vision for environmentally friendly and sustainable token transactions
• Ethereum boasts top-notch security and efficient smart contract execution
• There are many decentralized applications in the Ethereum ecosystem to enhance ERC-token accessibility
• Ethereum’s network boasts long-standing stability and reliability

Staking is the primary earning mechanism in this project. However, you can earn more through predictions during the staking period.

Green Version of Bitcoin

Bitcoin mining consumes a lot of power. Some reports show that the annual power consumption for Bitcoin mining is 91 terawatt-hours. Green Bitcoin offers a less-power-hungry alternative with a proof-of-stake consensus mechanism (PoS).

The project team believes $GBTC consumes only 34 Wh. While that is commendable, that is not the only positive aspect of this token.

Gamified Staking

You can stake your tokens during the presales for an annual percentage yield. Besides that, the project allows several staking periods. The gamified staking module allows for up to 100% token bonuses.

The extra bonuses come from weekly tasks, which we’ll discuss soon. In the meantime, here’s a table to show how the staking works:

This staking system favors adventurous traders and cautious investors. You can still trade on DeFi apps when the tokens become available to the public.

Daily staking rewards are available through Bitcoin price prediction. Predict whether the price will rise or fall by the next day. When done, the $GBTC reward accumulates every 10 minutes.

Here’s how the price prediction works:

• Predict the Green Bitcoin price
• Stake and submit your price call in the next round
• You will receive a proportionate share of the daily reward staking pool if your predictions are accurate
• Claim your aggregated reward every 24 hours

This approach encourages engagement among beginners and professional investors on the platform. It is one way to keep the token fresh in the community. Ultimately, growth and stability will be achieved on the $GBTC network.

Green Bitcoin Roadmap

Advancing blockchain’s green revolution is a primary focus of this project. Hence, it hopes to partner with industry leaders and green tech companies to further its goals. These partnerships will lend credence while promoting technological integration and shared campaigns for sustainable crypto practices.

The Green Bitcoin project has four steps in its roadmap. You can buy Green Bitcoin during its presale or public launch. With that in mind, here are the steps on the roadmap:

Step 1: Presale launch

The project hopes to use the presales to raise money for the technology and marketing campaigns. Early investors can buy Green Bitcoin tokens at affordable prices. Once it gathers enough cash, the project will move on to the next phase.

Step 2: Token launch

You’ll take delivery of your tokens at this stage. Most importantly, the $GBTC tokens will be available on leading centralized and decentralized exchanges. That makes it available to the public.

While trading will officially kick off at this stage, some tokens will stay locked. This supply luck is to keep the trading fair and stable. Also, rug pulls and price manipulations will be challenging for anyone to accomplish.

Step 3: The launch of staking rewards and predictions

You can bring your market expertise for some rewards at this stage. The project will officially launch the staking rewards and predictions system. Nonetheless, those who staked their tokens during the presales still qualify for the annual percentage yield.

Log into the platform and stake your tokens. Then, predict Bitcoin’s price for the next round. Get your predictions right, and you’ll receive the aggregated rewards after the round.

We expect community building during this stage as you and many others engage in the price predictions. You won’t lose your staked tokens if the predictions don’t turn out to be true. However, you’ll miss out on the daily rewards for accurate predictions.

Step 4: Rollout of Predict to Earn 2.0

The price prediction bonus will become central to $GBTC’s community efforts. However, the project team hopes to improve upon the prediction system. That means adding more gamification features to enhance the fun.

As of this writing, $GBTC’s roadmap does not explicitly state the new gamification features. We can only hope that Predict to Earn 2.0 will improve over the previous version. The Green Bitcoin faces competition from other recently launched projects, like Smog Coin and Frog Wif Hat.

The price or value of cryptocurrencies can rapidly increase or decrease at any time. You must be satisfied that this crypto offering is suitable for you in light of your financial circumstances and attitude towards risk.

GBTC Tokenomics

$GBTC has a fixed supply. However, the supply is distributed in several ways, with 50% going to the presale.

As of this writing, the project already has 2,506,880 staked tokens. Here’s how the Green Bitcoin crypto tokenomics work throughout the project’s lifespan:

• Presale: 50%
• Staking rewards: 20%
• Marketing: 12.5%
• Liquidity: 7.50%
• Community rewards: 10%

5.8 million $GBTC tokens will be available in the reward pool, representing 27.5% of the total supply. These tokens will be available as rewards for two years until December 31, 2025.

Regarding liquidity, 7.50% of the total token supply will go to centralized and decentralized exchanges. The project team intends to split them evenly across the two divides. That will ensure a robust market presence for trading.

Marketing is still vital, even for a green Bitcoin project. This token is not applied to any specific ecosystem or metaverse. Instead, it uses its appeal as an eco-friendly alternative to Bitcoin.

10% of the token supply will be for marketing efforts across social media and other channels. The goal is to craft impactful campaigns that enhance the token’s global visibility. Then, efforts will go toward keeping the token relevant in the crypto industry.

Why Buy Green Bitcoin?

Learning how to invest in Green Bitcoin is easy. However, the token faces off against more established crypto projects and the current meme coin launches.

$GBTC already demonstrates its power efficiency over Bitcoin, Bitcoin Cash, and BTC SV. It is also more affordable, with a presale price of $0.5362 (as of this writing). Even so, the project may have some help from prominent crypto events.

Here are a few reasons why you should buy Green Bitcoin:

Bitcoin derivatives will pump during the upcoming halving

Historical reports show that cryptocurrencies (tend to) perform well in the lead-up to a Bitcoin halving event. The first halving in 2012 took Bitcoin from $13 to $1,000 by the year’s end.

Going by history, Bitcoin derivatives will have a price pump as the halving event draws close. Green Bitcoin will likely benefit from the price pump as well and gain 10x during public launch. Hence, early investors will have wider profit margins.

The halving event reduces BTC’s total supply by half. That will rake up demand with less supply, leaving prices to increase.

Investors hoping to diversify their portfolios will look to Bitcoin derivatives, meme coins, and other affordable alternatives. Green Bitcoin has all it takes to be among these alternatives. Hence, we might see a demand surge, especially after the CEX and DEX launches.

The first gamified staking model

$GBTC has an advantage with its gamified staking model. While staking is well-known in the crypto industry, GBTC’s approach is unique. It adds more rewards than just locking your tokens for a specified period.

This unique approach will likely generate interest and excitement among crypto enthusiasts. Besides initial interest, the gamified staking model can sustain participation for the long term. The Predict to Earn 2.0 model might hype the market even more.

Staking also slows down unnecessary selloffs. Holders will be encouraged to keep their tokens. Moreover, they will still earn rewards from staking and making predictions for extra bonuses.

Discounted entry price

As of this writing, 1 $GBTC was at $0.5362. The project plans a price increase in the next presale phase until it generates its target amount. That already sets early investors up for profit when the token becomes available on DEXs and CEXs.

The entry price is discounted for early investors. If you hope to add this token to your portfolio, now is the best time to purchase it.

Your staking rewards will still be available, even with the discounted price. That means you can benefit from the price increase while gearing up for the annual percentage yield. The Green Bitcoin token comes with alternative ways to earn rewards without the traditional buying and selling.

Interest in the token will likely increase with continuous marketing and the rollout of new features. The earlier your purchase, the wider the profit margin will likely be.

The price or value of cryptocurrencies can rapidly increase or decrease at any time. You must be satisfied that this crypto offering is suitable for you in light of your financial circumstances and attitude towards risk.

Is Green Bitcoin a Good Investment in 2024?

Some investors would hold on until this token gains traction in the public crypto community. You can do that, but you might also miss out on prime time to buy Green Bitcoin tokens.

With that in mind, here are a few reasons why buying Green Bitcoin is a worthwhile investment in 2024:

Upcoming Crypto Bull Market

Most forecasters predict a crypto bull market in 2025. While the Bitcoin halving event might play a vital role, other factors are inclusive. Owning tokens this year is the best way to maximize the upcoming bull market.

Green Bitcoin might have its lowest price in 2024. With increased demand comes increased price. Hence, adding it to your portfolio in 2024 is the best investment move.

A Good Alternative for Portfolio Diversification

Bitcoin might be too expensive to enter the market now. Nonetheless, you can turn to cheaper alternatives. Bitcoin derivatives are viable, but so is Green Bitcoin.

The low energy requirement makes $GBTC an eco-friendly alternative to Bitcoin. It also has other positives, like the upcoming Predict to Earn 2.0 model. You don’t need to buy and sell it to make a profit.

Sustainability

$GBTC is unlike meme tokens that rely on marketing hype and FOMO to maintain value. While marketing campaigns are still vital, the token has enough to draw attention. Its gamified staking model is one-of-a-kind in the Ethereum ecosystem.

This project was set up to encourage active participation. Moreover, you can buy the tokens anytime and stake them for some rewards before selling them. This pattern will continue, provided the developers maintain the staking structure and add more fun features.

The price prediction system is transparent. It appeals to beginners and expert investors. Most importantly, the risks are minimal.

What Are the Risks of Buying Green Bitcoin in 2024?

We must always weigh the risks before making any investment. You can call it the risk-to-reward ratio. Moreover, $GBTC’s entry price is relatively higher than other recent meme coin launches.

Consider the following risks when buying this token in 2024:

New Regulations

As of this writing, most governments have realized the need to regulate the crypto or digital asset space. Binance has had a recent tussle with the SEC, with the CEO paying a fine. Cases like this can erode trader confidence and make trading more challenging.

New regulations might facilitate crypto trading or discourage it. Either way, you must be prepared for such an occurrence.

There might be new regulations to clamp down on crypto power consumption. While Green Bitcoin is less power-hungry, it is still at risk. Moreover, the project team might have fewer resources to improve its power efficiency.

A Volatile Crypto Market

Volatility is typical of the crypto market. You should be ready to face it when you purchase the $GBTC token in 2024.

The Bitcoin halving event might trigger volatility with rapid and daily price swings. Day trading might be more challenging if that’s your goal with the tokens. Long-term investments might have little to worry about.

No Guarantee of Long-term Investor Interest

The gamified staking model sounds like a viable idea for long-term interest. However, there is no guarantee that investors will continue with the model when something better appears.

Most presale investors sell their tokens when the presale is over. With Green Bitcoin rooting in staking, that responsibility will fall on future investors. Also, the massive sales after presales might cause a price drop.

The market is likely to view large selloffs as unworthy or risky investments. Hence, fewer people may be willing to buy and continue the project. While the project may continue with fewer holders, its progress will be slow, making short-term gains dispensable.

Market Competition

Green Bitcoin is launching at a time when the crypto industry is alive with many projects. These range from utility tokens to meme coins like Smog Coin, Frog Wif Hat, and MYRO. The competition is fierce.

The market will likely gravitate towards projects with more promising value. Also, some investors will be looking to make quick gains. Remember that rug pulls are ongoing, and some projects will be pumps and dumps.

Diversification is the best approach to protecting your investments. Even so, you can set up price alerts to monitor the market.

How To Buy Green Bitcoin in 2024 – Complete Guide

We’ve seen a credit card option on where to buy Green Bitcoin. However, we could not use the option during our review. The alternatives include buying with ETH, USDT, or BNB.

Buying with BNB excludes you from the 229% annual returns from staking. Hence, you should use ETH.

Here are the steps to buy Green Bitcoin in 2024:

Step 1: Fund your crypto wallet with ETH

You can input the number of $GBTC tokens on the official website to see the equivalent ETH tokens. Then, purchase that amount or higher from a reputable exchange or P2P trading platform. Double-check your wallet to ensure the ETH tokens are available.

Green Bitcoin swaps are supported on Metamask, Wallet Connect, and Coinbase Wallet.

Step 2: Connect your wallet to the Green Bitcoin presale

Go to the official Green Bitcoin website. Click on “Connect Wallet” to open the pop-up window. Then, click on the appropriate option to start the connection.

MetaMask should open an automatic connection. You might need to scan the displayed QR codes for Wallet Connect and the Coinbase Wallet. Open your app to scan the QR codes.

Step 3: Swap ETH for GBTC

Once connected, you can swap ETH for GBTC. Enter the number of tokens to swap. Also, leave enough ETH tokens to cover transaction fees.

The $GBTC tokens are available during the presale.

Step 4: Stake GBTC

After the purchase, you can hold the tokens in your wallet or stake them on the Green Bitcoin platform. Click “Staking” on the top menu. Then, enter the number of tokens to stake.

You’ll find the total rewards as the days pass by. Then, you can claim them or allow them to accumulate.

Step 5: Claim tokens after presale

Go to the official site and connect your wallet to claim your purchased tokens. Ensure you use the same crypto wallet as the one you used for the purchase.

Green Bitcoin Price Prediction 2024 – 2030

This crypto project has made a trending start. Its price has exceeded $0.5, and we expect it to continue above $1 by the end of 2024.

An expected bull run might take the price up in 2025. Hence, we expect $GBTC to rise above $2 by the year’s end.

Green Bitcoin has a viable trajectory to maintain a price increase. Barring unexpected events, the token might reach $5 by 2030.

The Verdict

You can buy Green Bitcoin now to participate in the annual percentage yield. That comes from the special staking package available to early investors during the presale. Nonetheless, investors can continue to make a profit from the gamified staking and price prediction modules.

Green Bitcoin has enough value to convince investors in the long term. While it is a viable option to buy in 2024, you must be mindful of the risks, as previously explained.

The price or value of cryptocurrencies can rapidly increase or decrease at any time. You must be satisfied that this crypto offering is suitable for you in light of your financial circumstances and attitude towards risk.

References

• • https://www.cnet.com/personal-finance/crypto/bitcoin-mining-how-much-electricity-it-takes-and-why-people-are-worried/
  • https://africa.businessinsider.com/tech-insider/bitcoin-mining-consumes-05-of-all-electricity-used-globally-and-7-times-googles-total/ks6362t
  • https://www.cnbc.com/2023/04/12/bitcoin-halving-is-one-year-away-that-could-suggest-another-bull-run.html
  • https://www.weforum.org/agenda/2022/03/where-is-cryptocurrency-regulation-heading/
  • https://www.reuters.com/legal/binance-kicks-off-oral-arguments-push-end-sec-lawsuit-2024- 01-22/

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