Price for today
107,107,7 USD -0,21%
1,00145000 BTC -0,21%
Name: Wrapped Bitcoin
Symbol: WBTC
Circulating supply: 0 $
Max supply: 0 $
Price: 107 107,7 $
Volume 24h: 2979481 $
Market Cap: 14.025 B $
Percent change 24h: -0,21 %
Wrapped Bitcoin (WBTC) is the representation of Bitcoins on the Ethereum platform locked on their main network. Sometimes such assets are called Bitcoin candy wrappers. The developers also claim that every WBTC circulating on the Ethereum network is backed by an equal number of Bitcoins locked on its main network:
Wrapped Bitcoin allows users to block BTC in exchange for WBTC which is an ERC-20 token, tied to Bitcoin, and with its help to get access to the multifarious ecosystem of decentralized financing (DeFi) on the basis of Ethereum, using it as insurance.
as presented to the public in January 2019. Wrapped Bitcoin was conceived primarily as a collaborative project between the major protocols in the DeFi ecosystem.
WBTC founders explained that the main goal of this platform was to increase the liquidity of the cryptocurrency ecosystem.
WBTC is a token representing BTC on the Ethereum blockchain. This is a regular ERC-20 token. Each WBTC is fully supported by BTC in a 1: 1 ratio. The main purpose of WBTC is to transfer the stability and liquidity of BTC to the Ethereum network. "Wrapped tokens" are digital assets that are backed by other assets. They run on the Ethereum blockchain. The correspondence of their value to the underlying assets is ensured with the help of smart contracts. The price is tracked in real-time.
Check the graph beneath for the present cost rate of one certain WBTC to the US dollar
Below there is a graph that demonstrates all the transformations in the cost of the coin from the moment it penetrates the emporium till at the present time. get moving through the graph you may behold what the cost is Wrapped Bitcoin and what it was on a definite day.
The amount of WBTC coins that nowadays are in return on the emporium as well as the total margin amount of coins that will be able on the emporium in the times to come, may be tracked on the graph. The amount of coins that will be released into gyre is unrestricted.
Moreover to Wrapped Bitcoin mining there are another approaches to have coins. You may quick and comfortably trade any coin to WBTC to Godex.io. It's authorless and reliably.
If you want to take any cryptocurrency with USD or other fiat money, you need to take Bitcoin on any cryptocurrency swaper where the function of buying BTC from a card is available. To do this, you need to go through the registration process.
In order to get at what composes, draws up, makes up, puts together the significance of the WBTC , it is weighty to get at what is WBTC and permanently follow the Wrapped Bitcoin news.
Key indicators additionally to cost of Wrapped Bitcoin :
It allows you to track the dynamics of the trade rate.
The capitalization of all coins is the total cost of all coins at the moment. The capitalization of the WBTC at the moment is 14024925369 USD. And it ranks Wrapped Bitcoin in the ranking of all coins in terms of market cap.
Go to the exchange page on Godex.io.
If you want to exchange WBTC to another cryptocurrency, then:
You can also exchange any crypto coin for the Wrapped Bitcoin . But you can not to have WBTC for USD or exchange Wrapped Bitcoin to USD.
Godex ensures the lowest possible swap fees to provide that your bargains are not only fast, secure, and anonymous, but also as profitable as feasible.
The easiest and fastest approach to trade a coin is to make an exchange on the platform Godex.io. You shouldn’t to register and confirm your personality. You may simply go to the site and trade the Wrapped Bitcoin for one of the 300+ other coins.
