wBTC

wBTC (WBTC)

$ 28,862.9900000

Market Cap Volume Last Trade

wBTC Details

Built On Launch Date Proof Type Max Supply Circulating Supply Website
ETH 2018-11-27 N/A -1 0 NO
Platform Block Reward Block Time Block Number Net Hashes Per Sec wBTC
token 0 0 0 0 Trade

wBTC (WBTC) price today is $28,862.9900000 USD. Trading volume was $273,851.15 USD in the last 24 hours. Current market cap of wBTC is $7,943,182,591 USD. wBTC has a circulating supply of 0 WBTC coins out of a maximum supply of -1 WBTC coins.

What is Wrapped Bitcoin (wBTC)?

Wrapped Bitcoin is a tokenized version of Bitcoin (BTC) that runs on the Ethereum (ETH) blockchain.

wBTC is not real Bitcoin but has bitcoin as an underlying asset. It is backed by Bitcoin at a 1:1 ratio, meaning that its price is always pegged. This allows users to transfer liquidity between the BTC and the ETH networks, decentralized and autonomous.

This means that instead of just buying BTC and holding it, investors can now buy wBTC and use it to earn passive income in several ways. wBTC holders can take out loans on decentralized lending platforms like MakerDAO or Aave and effectively borrow against the assets they wish to hold, which can be very useful in a bull market!

Wrapped Bitcoin was first announced on October 26, 2018, and launched on January 31, 2019. The idea was first conceived by the Wrapped Tokens Project, a joint effort between Ren, Kyber Network, and the institutional asset custodian, BitGo.

How to buy wBTC

wBTC (wBTC) is a top 20 crypto and is available on virtually all cryptocurrency exchanges. The best places to buy wBTC (wBTC) for low fees and best prices are

Binance
etoro
Coinbase
Huobi

Where to buy wBTC (wBTC)

You can buy wBTC (wBTC) with GBP in the UK using Crypto.com, Coinbase, and Luno. In France and the rest of the EU, you can also buy wBTC (wBTC) with EURO on these same exchanges. In places where buying Crypto is difficult e.g. Nigeria, you can buy bitcoin with the local currency (naira) by using Binance P2P and swapping with wBTC (wBTC)

You can find other places to buy wBTC on our long list of the best cryptocurrency exchanges.

wBTC (wBTC) Wallets

The best wallets for wBTC (wBTC) are Ledger, Trezor, Math Wallet, and Trust Wallet

Find more wBTC (wBTC) news by visiting the wBTC Website and the wBTC Reddit

Rank Exchange Country Coin Types Fees Trade
1 Cayman Islands 378 Currencies including WBTC 0,10% More infos
2 Cyprus 34 Currencies including WBTC 0,10% > 1% More infos
3 US 107 Currencies including WBTC 1,49% > 3,99% More infos
4 British Virgin Islands 150 Currencies including WBTC 0,10% > 0,20% More infos

eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFD assets.

Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

Cryptoassets are volatile instruments which can fluctuate widely in a very short timeframe and therefore are not appropriate for all investors. Other than via CFDs, trading cryptoassets is unregulated and therefore is not supervised by any EU regulatory framework.

How to Compare Bitcoin Wallets and Choose the Best One for You

How to Compare Bitcoin Wallets and Choose the Best One for You

You will need a wallet if you want to buy or mine cryptocurrency. However, there are so many different options available right now, and choosing the best one for you isn’t an easy decision.

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