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DO MORE WITH YOUR BITCOIN


WRAPPED BITCOIN DELIVERS THE POWER OF BITCOIN
WITH THE FLEXIBILITY OF AN ERC20 TOKEN

Wrapped Bitcoin (WBTC) is the first ERC20 token backed 1:1 with Bitcoin.
Completely transparent. 100% verifiable. Community led.

Claim WBTC Rewards
WBTC Logo Background



JOIN THE COMMUNITY




WHY DO WE NEED WBTC?

WBTC brings greater liquidity to the Ethereum ecosystem including decentralized
exchanges (DEXs) and financial applications. Today, the majority of trading
volume takes place on centralized exchanges with Bitcoin. WBTC changes that,
bringing Bitcoin’s liquidity to DEXs and making it possible to use Bitcoin for
token trades.

WBTC standardizes Bitcoin to the ERC20 format, creating smart contracts for
Bitcoin. This makes iteasier to write smart contracts that integrate Bitcoin
transfers.

Maintaining various nodes and managing transaction types in order to support
multiple currencies can be onerous. Now exchanges, wallets, and payment apps
only need to handle an Ethereum node.


HOW IT WORKS

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.



Wrapped Bitcoin (WBTC) is the first ERC20 token backed 1:1 with Bitcoin


JOIN THE WBTC NETWORK

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