Wrapped Bitcoin (WBTC) - Latest Market Data

Track the most recent price, market cap, volume, and performance data for Wrapped Bitcoin (WBTC).

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Equity Overview

Price & Market Data

Price: $117,355

Daily Change: -$774.5 / 0.66%

Daily Range: $116,796 - $119,483

Market Cap: $14,908,495,886

Daily Volume: 93,628,641

Details

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.GitHubWhitepaper

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