Wrapped Bitcoin (WBTC)What's Wrapped Bitcoin price? How much potential does it have? How to buy Wrapped Bitcoin? And where can you buy it? Find answers to all of those as well as to many others questions related to it and discover cryptos in the same category. And see how WBTC compares to Bitcoin based on its performance!
Data last updated less than 1 second agoWBTC All Time Low/High: €2801.21 (+782%) / €61044 (-60%)
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Compare WBTC and BTC performance
How popular is Wrapped Bitcoin cryptocurrency?Wrapped Bitcoin ranks 19th among all cryptocurrencies. It has a market cap of €2147483647. The total trading volume within the last 24 hours was €138051000.
How much potential does it have?How much can Wrapped Bitcoin grow? It's hard to say how much potential this cryptocurrency has exactly, but based on its circulating supply (156,448), it can theoretically grow at least 124x before it would become more popular than Bitcoin. This means that based on WBTC maximum potential it could reach €3050190 before it would have to overtake Bitcoin.
How to buy Wrapped Bitcoin?The easiest way to buy WBTC is to use a cryptocurrency exchange. There are a lot of exchanges out there these days - both centralized and decentralized. And you can find this cryptocurrency in a number of exchanges these days. Currently there should be the very minimum of 45 Wrapped Bitcoin exchanges available.
Where can you buy it?WBTC should be listed in these exchanges:
Where can I find more information about Wrapped Bitcoin?You can find more information about it through the crypto homepage and social media pages brought out on top of this page. And we always recommend you to do further research about the crypto yourself as well.
What is Wrapped Bitcoin?
Wrapped Bitcoin (WBTC) is a tokenized version of Bitcoin that runs on the Ethereum blockchain. WBTC is created through a process in which Bitcoin is locked in a smart contract, and a corresponding amount of WBTC is minted on the Ethereum blockchain. Each WBTC token represents one Bitcoin, and is fully backed by the Bitcoin held in custody.
What's the main point of Wrapped Bitcoin (WBTC)?
The main point of Wrapped Bitcoin (WBTC) is to bring the liquidity and stability of Bitcoin to the Ethereum ecosystem, which is home to a variety of decentralized finance (DeFi) applications. By creating a tokenized version of Bitcoin that can be used on the Ethereum platform, WBTC enables new use cases for Bitcoin in the DeFi space, such as trading, lending, and borrowing, while still maintaining the underlying value and security of Bitcoin.
What problem does Wrapped Bitcoin (WBTC) try to solve?
One problem that Wrapped Bitcoin (WBTC) tries to solve is the lack of interoperability between different blockchain networks. Bitcoin and Ethereum are two of the most popular blockchain networks, but they operate on different protocols and are not natively compatible. By creating a tokenized version of Bitcoin that runs on the Ethereum network, WBTC enables Bitcoin to be used in Ethereum-based applications and smart contracts, without requiring users to move their Bitcoin between different blockchains.
|Market Cap: €2147483647||Rank: #19||Volume: €138051000|
Wrapped Bitcoin (WBTC) live price chart
10 other cryptos in Wrapped Tokens category based on volume
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