WBTC
Wrapped Bitcoin Rank 380
Website
890 WBTC
Buy / Sell
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Wrapped Bitcoin
Wrapped Bitcoin Price $4,558.76
$4,558.76
Wrapped Bitcoin 24h Vol
$1,128,634
$1,128,634
Wrapped Bitcoin Market Cap $4,055,777
$4,055,777
24h Vol
253 BTC1 H
-5.01 %
24 H
-41.7 %
7 d
-49.86 %
Today Wrapped Bitcoin price in US dollars is currently
4,558.76
USD, and if converted to Bitcoin is
1.02
BTC. A total of 911 coin's are currently circulating in the Market. Wrapped Bitcoin prices are currently experiencing a change of -41.7 %, check all cryptocurrency. Over the past 24 hours 0.011 M US dollars Wrapped Bitcoin has been traded on Crypto Exchanges. Get Wrapped Bitcoin's progress by adding it to your favourites and creating a free portfolio if you wish.
Full Name
Wrapped Bitcoin
Symbol
WBTC
Algorithm
ETH Token
BTC Price
1.02 BTC
BTC Market
911 BTC
BTC 24h Vol
253 BTC
Total Coins Mined
890 WBTC
1h
-5.01 %
24h
-41.7 %
7d
-49.86 %
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Description
Description
Wrapped Bitcoin (WBTC) is the first ERC20 token backed 1:1 with Bitcoin. WBTC standardizes Bitcoin to the ERC20 format, creating smart contracts for Bitcoin. This makes it easier to write smart contracts that integrate Bitcoin transfers.
To receive WBTC, a user requests tokens from a merchant. The merchant then performs the required KYC / AML procedures and verifies the user’s identity. Once this is completed, the user and merchant execute their swap, with Bitcoin from the user transferring to the merchant, and WBTC from the merchant transferring to the user.
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