Wrapped Bitcoin (CRYPTO: WBTC)
Wrapped Bitcoin Return vs. S&P
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Wrapped Bitcoin Company Info
Wrapped Bitcoin (WBTC) is an ERC-20 token representing Bitcoin on Ethereum. It enhances liquidity and enables Bitcoin's use in DeFi. Managed by the WBTC DAO, it integrates with wallets, dapps, and smart contracts. WBTC is utilized for lending, borrowing, swapping, yield farming, and liquidity pools in Aave, Balancer, Compound, Kyber Network, MakerDAO, and Uniswap. WBTC was collaboratively launched in January 2019 by BitGo, Ren, Dharma, Kyber, Compound, MakerDAO, and Set Protocol. Merchants and custodians facilitate token minting and burning, with custodians storing BTC and performing transactions on Ethereum.
News & Analysis
How Much Are Cryptocurrency Transaction Fees?
There are transaction fees to consider every time you buy or sell a cryptocurrency.
What is ERC20?
What is ERC20?
Is Wrapped Bitcoin a Riskier Investment Than Bitcoin?
The Wrapped Bitcoin token combines key features from the two largest cryptocurrencies in a single package. Most people don't need to own it.
Is Wrapped Bitcoin a Screaming Buy Right Now?
One chart shows a significant price difference between this advanced cryptocurrency and its underlying Bitcoin tokens. Right?
What Are Wrapped Tokens?
There's a new way for Bitcoin investors to earn a nice amount of interest on the money they hold in the cryptocurrency.
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