IDEX Launches Wrapped Bitcoin (WBTC) & Maker Dai Base Pairs

Forrest Whaling
IDEX
Published in
2 min readJan 31, 2019

We are excited to announce that IDEX has just launched support for two new base pair assets—Wrapped Bitcoin (WBTC) and the Maker Dai stablecoin. These additions will not only provide our users with access to the Bitcoin trading ecosystem, but it will also increase our stablecoin options for users looking to mitigate price volatility while trading on IDEX.

Wrapped Bitcoin (WBTC)

WBTC Launch Partners

IDEX is among several prominent launch members to support WBTC— the first ERC20 token backed 1:1 with Bitcoin. WBTC uses a transparent, 100% verifiable custodial, issuance and governance system to bring Bitcoin liquidity to the broader Ethereum-based decentralized ecosystem. IDEX will be launching WBTC trading on all existing token markets:

Maker’s Dai Stablecoin

Pegged to the US Dollar (USD), Dai is an over-collateralized stablecoin that provides detailed financial and operational transparency. Upon launch, Dai will trade against ETH and WBTC:

Stay tuned for more!

~Team IDEX (Aurora)

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Forrest Whaling
IDEX
Writer for

Building liquid cryptocurrency markets at Liquid Malta. Former Head of Marketing at IDEX.