Details about pBTC35A cryptocurrency
€291,277 ( -4.04422%)
€1,463
214,602
214,602
16.224
Unknown
https://mars.poolin.fi/#/
@MarsProject2020
3975750x
€5407020
pBTC35A price charts
PBTC35A exchanges
pBTC35A, the crypto
pBTC35A (PBTC35A) is a cryptocurrency token that is pegged to the value of Bitcoin (BTC) at a 1:1 ratio. It is based on the Ethereum blockchain and can be stored in any Ethereum wallet.
The point
The main point of pBTC35A (PBTC35A) is to allow users to hold and trade Bitcoin on the Ethereum blockchain without having to actually own Bitcoin. This enables users to access the DeFi ecosystem and various Ethereum-based applications without having to convert their Bitcoin to Ethereum or other tokens.
The problem
pBTC35A (PBTC35A) tries to solve the problem of Bitcoin's limited interoperability with the Ethereum ecosystem. By creating a token that represents the value of Bitcoin, users can participate in DeFi and other Ethereum-based applications without having to sell their Bitcoin holdings. Additionally, it provides more liquidity for the Ethereum ecosystem, as Bitcoin is the most widely held cryptocurrency in the world.
Compare PBTC35A and BTC performance
Timeframe | PBTC35A | BTC |
---|---|---|
1h change | -0.74454 % | 0.111083 % |
24h change | -4.02 % | -1.53086 % |
7 day change | -8 % | -1.98102 % |
14 day change | -3.85 % | -6.97525 % |
30 day change | -12.54 % | -8.47656 % |
200 day change | -24.85 % | 125.519 % |
Year change | -27.29 % | 124.215 % |