Wrapped Bitcoin (WBTC) Price Today

Wrapped Bitcoin, or WBTC, was launched on January 31, 2019. It is an ERC-20 token on the Ethereum network, pegged to Bitcoin.

The price of WBTC mirrors Bitcoin’s – they’re exchanged at a 1:1 ratio. It allows BTC holders get full access to the ETH ecosystem, with its rich functionality and transaction speeds much higher than that on BTC blockchain (just compare their average block time: approximately 15 seconds in the former and about 10 minutes in the latter).

Not only wrapped coins could be transacted much faster than actual bitcoin tokens: being ERC-20 compliant means the technology of smart contracts is implemented, which in its turn means that WBTC holders may take advantage of a variety of instruments offered by decentralized finance.

Brief info on WBTC: real time price, market cap, and more

  • The wrapped bitcoin live price is $48,037.69

  • During the last 24 hours, wrapped bitcoin price went up by 4.74%.

  • The trading volume of WBTC equals $251,887,830 for the last 24 hours.

  • Wrapped BTC currently ranks #17 by market cap (its market capitalization is $12,438,879,381)

  • The number of WBTC coins in circulation is 258,940; the data on the maximum supply are unavailable.

Make the most of handy tools and helpful info

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In addition, to keep you abreast with up-to-the-minute prices, including that of wrapped bitcoin, price graphs are available for each listed cryptocurrency. Latest news and tutorials may spark your interest, even if you are an expert.

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