Obtaining BIT10.BTC Tokens
You can visit testnet.bit10.app/faucet to request BIT10.BTC tokens. Users need to enter their email and the Principal ID of their wallet.
What is BIT10.BTC token?
BIT10.BTC is a test token with the same value as testnet BTC. We use BIT10.BTC instead of testnet BTC tokens for the following reasons:
- Transaction Costs: Requesting testnet BTC from a testnet BTC faucet results in receiving approximately 0.00011421 BTC or 7.68 USD. The average transaction cost on Bitcoin is between $16 - $20, meaning users need more test tokens and face high transaction fees. BIT10.BTC has lower transaction fees and faster transaction speeds.
- User Insights: Using BIT10.BTC allows us to identify users on our platform and reach out for feedback, helping us improve our services.