$112,276.00
-1.03% (24H)
Loading Data
Please wait, we are loading chart data
Date | Price | Volume | MarketCap |
---|
Wrapped Bitcoin current price is $112,276.00 with a marketcap of $14.26 B. Its price is -1.03% down in last 24 hours.
h What is Wrapped Bitcoin h p Wrapped Bitcoin WBTC is a cryptocurrency token that represents Bitcoin on the Ethereum blockchain Each WBTC is backed by Bitcoin allowing users to leverage the value of Bitcoin while participating in the Ethereum ecosystem The core purpose of the Wrapped Bitcoin token is to facilitate decentralized finance DeFi applications enabling users to engage in activities like lending borrowing and trading without losing exposure to Bitcoin By bridging the gap between Bitcoin and Ethereum WBTC enhances liquidity and interoperability within the blockchain project landscape p h When and how did Wrapped Bitcoin start h p Wrapped Bitcoin WBTC was launched in as a collaboration between the Ethereum-based DeFi platform BitGo the decentralized exchange Kyber Network and the blockchain infrastructure company Republic Protocol WBTC was developed to bring Bitcoin's liquidity to the Ethereum network allowing users to utilize Bitcoin in decentralized applications and smart contracts... Read More