BITLAYER ($BTR) Listing On Coinone Exchange

About Bitlayer ($BTR)

BitLayer is a Layer 2 network that maintains Bitcoin's security while providing scalability and smart contract functionality. Utilizing the BitVM paradigm, we developed the "Recursive Settlement Protocol," which enables continuous and verifiable settlement of L2 states on the Bitcoin main chain. This protocol goes beyond simple data recording and provides security directly based on Bitcoin's Proof of Work (PoW). Ultimately, our goal is to provide the underlying infrastructure for DeFi and decentralized applications within the Bitcoin ecosystem.

Bitlayer Listing: Now Live on Coinone

Bitlayer is now listed on Coinone Exchange! This is big news for people who follow Cryptocurrency. In this article, we explain in very simple words what Bitlayer is, why it is important, its special features, roadmap, whitepaper, token details, team, fundraising, how to join, and a safe note to always do your own research.

What is Bitlayer?

Bitlayer is a new technology built on Bitcoin. Bitcoin is the most famous digital money, but it is slow and cannot do many things. Bitlayer changes that. It makes Bitcoin smarter and faster.

• It lets people use apps and smart contracts on Bitcoin.

• It uses something called a BitVM Bridge to connect Bitcoin safely.

• It has a Layer 2 rollup system, which means people can do many actions like trading or using apps quickly and at a low cost.

Think of it like giving superpowers to Bitcoin so it can do much more than before.

Why Bitlayer is Good for Crypto

1. Strong Safety: It uses Bitcoin’s strong security to keep people’s money safe while they use apps.

2. Fast and Cheap: It can process many transactions per second with very low fees because of special technology called EVM and rollups.

3. More Apps on Bitcoin: Developers can easily build smart contracts and apps, which means more tools and fun things for users.

4. Better Money Flow: It can move Bitcoin into apps safely using a token called YBTC, which is 1:1 backed by real Bitcoin.

Special Features of Bitlayer

• BitVM Bridge: A safe way to bring Bitcoin into DeFi apps without middlemen.

• Bitcoin Rollup Layer: A Layer 2 Blockchain system that keeps data safe and makes things fast.

• High-speed EVM Engine: It supports Ethereum Blockchain style apps and can process many transactions quickly.

• YBTC Token: A token that works like Bitcoin (1:1) but can be used in DeFi on Bitlayer.

Bitlayer Roadmap (Plan)

Stage 1 (done): Launched a Proof-of-Stake system that is EVM-compatible (April 2024).

Stage 2 (now): Building the BitVM Bridge and rollup system (Q1–Q2 2025).

Stage 3 (coming): Aiming for super-fast rollups – up to 20,000 transactions per second and 3-second confirmations (Q4 2025).

At Summer 2025 Launch, Bitlayer opened the mainnet beta for the bridge, released a V2 whitepaper, and previewed V3 plans for even faster systems.

Bitlayer Whitepaper

The Bitlayer Network 2.0 whitepaper explains how it solves Bitcoin’s limits:

• Uses a new proof system to keep Layer 2 safe on Bitcoin.

• Has a modular, flexible engine to run complex apps.

• Combines bridge + rollup into one strong system.

This means fast speed, smart contracts, and Bitcoin-grade security all in one place.

Bitlayer Tokenomics (Token Details)

• Token Name: BTR

• Total Supply: 1 billion tokens

CoinList Token Sale (July 31–August 7, 2025):

• Public buyers (non-US) could buy up to $2 million worth, unlocking at TGE.

• US accredited investors had 1-year lock.

Funds Raised:

• Public sale raised $4 million.

• Total funds raised so far: ~$29 million (Seed + Series A + Extended Series A).

• Estimated value: $200M – $300M fully diluted.

Bitlayer Team

• Charlie Yechuan Hu: Worked with Polkadot, Polygon, and Tezos.

• Kevin Changbin He: Ex-Huobi Global head of blockchain; launched many EVM chains and rollups.

Bitlayer Fundraising Story

• Seed Round: $5 million from Framework Ventures, OKX Ventures, Alliance DAO, and more.

• Series A (July 2024): $11 million from Franklin Templeton, GSR, Flow Traders, etc.

• Extended Series A (Oct 2024): $9 million added.

• Public Token Sale (July–Aug 2025): $4 million.

Total raised so far: ~$29 million.

Bitlayer Listing Details

• Exchange: Coinone (South Korea)

• Trading Pair: BTR/KRW

• Listing Date: August 28, 2025, at 2:00 a.m. UTC

Before this, the token sale happened on CoinList. Now people can trade freely on Coinone.

Rates and Currency:

• On CoinList: 1 BTR ? $0.20

• On Coinone: Trade using Korean Won (KRW)

How to Buy Bitlayer (BTR)

1. Sign up and complete KYC on Coinone.

2. Deposit KRW into your account.

3. When trading opens, search for BTR/KRW and buy.

Important Tip: Always start small and never invest more than you can lose.