The four most famous international exchanges:

Binance INTL	OKX INTL	Gate.io INTL	Huobi INTL
China Line　APP DL	China Line　APP DL	China Line　APP DL	China Line　APP DL

Note: The above exchange logo is the official website registration link, and the text is the APP download link.

Coin Circle Analysis: What is a Bitcoin sidechain? What is a Bitcoin sidechain? A Bitcoin sidechain refers to a technology that can be used to verify some data on Bitcoin on the blockchain. If it can be run effectively, it can reflect the current sales volume of Bitcoin and its future growth rate, and even allow investors to reserve a certain amount of currency. This is a Bitcoin sidechain.

In fact, there are still many benefits of Bitcoin sidechains. If you can fully understand it from the above introduction alone, it is completely impossible. Therefore, it can only be clear through the introduction of the editor of Beecha.

A sidechain is a blockchain that verifies data from other blockchains. If it can be run effectively, this solution can effectively make Bitcoin a reserve currency for the Internet.

Pegged Sidechains will enable the transfer of Bitcoin and other digital assets between multiple blockchains, which means that users can access new cryptocurrency systems while using their existing assets. Simply put, sidechains are like bridges that connect the Bitcoin blockchain and other blockchains to each other, thereby achieving the expansion of Bitcoin.

In a sidechain ecosystem, new tokens can only be created when the corresponding Bitcoin is frozen. In other words, if you want to issue new coins on a sidechain, you must deactivate some of your bitcoins.

For example, on a sidechain, you can freeze 10 bitcoins and then create 40 litecoins. Those litecoins will trade at 0.25
BTC, not at their original exchange rate. Bitcoins are still bitcoins when they circulate in the sidechain. The exchange rate between the sidechain bitcoins and the mainchain bitcoins is usually 1:1, or there may be a predetermined exchange rate. This is similar to a fixed exchange rate, similar to the traditional exchange rules for gold and fiat currencies.

Sidechains may be peer-to-peer and non-peer. Peer sidechains exist independently and can also become the mainchain. The main side is mutual, and if there is enough demand, Bitcoin can also become a sidechain of Litecoin. Non-peer sidechains rely on the mainchain to exist.

Finally, we also remind everyone that any investment is risky, and investors should not act blindly. They should master skills and choose the Bitcoin sidechain correctly.