Live Wrapped Bitcoin (WBTC) Price
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Wrapped Bitcoin Live Price
$38,903.20 USDMarch 15, 2022, 2:11 am UTC Add to Watchlist Create Price Alert
What is Wrapped Bitcoin?
Wrapped Bitcoin (WBTC) is an Ethereum token that is intended to represent Bitcoin (BTC) on the Ethereum blockchain. It is not Bitcoin, but rather a separate ERC-20 token that was engineered to track Bitcoin's value. WBTC was created to allow Bitcoin holders to participate in decentralized finance ("DeFi") apps that are popular on Ethereum. Through a WBTC partner, 1 Bitcoin can be exchanged for 1 Wrapped Bitcoin, and vice-versa. The BTC that backs WBTC will always be verifiable through the use of a "proof of reserve" system that verifies the 1:1 backing between minted WBTC tokens and Bitcoin stored by custodians. WBTC is maintained by a group called the WBTC DAO that consists of over 30 members. It was originally started by the cryptocurrencies: BitGo, Ren, and Kyber.
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Setup WBTC Price AlertsHow much is Wrapped Bitcoin worth?
Wrapped Bitcoin (WBTC) is worth 38,903.20 USD as of March 15, 2022, 2:11 am UTC time. View the interactive graph to see how much Wrapped Bitcoin has changed in the last hour or historically.
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