Wrapped Bitcoin (WBTC) is now available on the Blockchain.com Exchange
We’re continuing our efforts to give you access to more crypto assets in Blockchain.com products. Starting today, you can now deposit, trade, and withdraw Wrapped Bitcoin (WBTC) on the Blockchain.com Exchange.
Wrapped Bitcoin (WBTC) is designed to represent Bitcoin on the Ethereum blockchain. It allows users to transfer the value of Bitcoin more quickly on the Ethereum blockchain and opens up the possibility for Bitcoin to be used in Ethereum’s ecosystem of decentralized applications.
Upon launch, trading pairs will include WBTC-USD, WBTC-USDT, WBTC-USDC.
If you’re new to the exchange and just want to test the waters, be sure to try out Simple Trade, our easy to use feature that makes crypto trading, well, simple.
Log into the Exchange, add funds, and start trading today!
About Wrapped Bitcoin (WBTC)
Wrapped Bitcoin is the first ERC20 token backed 1:1 with Bitcoin. Wrapped Bitcoin (WBTC) is a project by Bitgo, Kyber Network and Republic Protocol to build an ERC20 token that enables new application use cases for Bitcoin on Ethereum. WBTC is an attempt to standardize bitcoins according to ERC20 which allows Ethereum smart contract developers, decentralized exchange orders, and other parts of the Ethereum ecosystem direct exposure to Bitcoin’s liquidity by serving as a 1:1 pegged coin. (Messari)
Digital asset markets are unregulated and not currently governed by any specific UK, European or US regulatory framework. Digital currencies are not bank deposits, are not legal tender, and are not backed by the government. Blockchain Access UK Ltd’s products and services are not within the jurisdiction of the UK Financial Ombudsman Scheme, nor are they subject to the UK Financial Services Compensation Scheme, the US Federal Deposit Insurance Corporation or Securities Investor Protection Corporation, or any other non-UK or non-US governmental or government-backed protections.
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