Wrapped Bitcoin WBTC
$57,393.01 5.71%
Latest Updates
Updated at 14:03$8,917,998,876.3
#203
$448,108,428.45 118.93%
-$3,279.3 5.71%
-$7,586.44 13.22%
What about Wrapped Bitcoin?
Wrapped Bitcoin (wBTC) is a crypto token that mirrors the value of Bitcoin (BTC) and may be used with Ethereum-based decentralized apps. Applications and smart contracts on the Ethereum blockchain can communicate with cryptocurrencies backed by actual Bitcoin reserves thanks to Wrapped Bitcoin. By "wrapping," you essentially make Bitcoin or any other cryptocurrency interoperable with ERC-20 tokens on the Ethereum blockchain network. The original Bitcoin is kept safe in a virtual vault when users trade BTC for wBTC, and the freshly created wBTC is then given to the user.
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Trending
+$0.01919 34.11%
+$0.85112 25.01%
+$0.00039 14.64%
+$0.02189 14.21%
+$0.02532 13.62%
+$0.27742 10.76%
+$0.79671 9.44%
+$0.000001269 8.65%
+$0.09298 8.34%
+$0.00073 7.78%
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