WBTC Market Overview
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Key WBTC Statistics
- Current Price: $83,408.22
- 24h Change: -0.37%
- Circulating Supply: 4,101 WBTC
- Market Cap: $342.06 million
👉 Track WBTC's real-time price action
Why Invest in Wrapped BTC (WBTC)?
WBTC represents Bitcoin on Ethereum’s blockchain, combining BTC’s value with Ethereum’s smart contract functionality. Key advantages:
- Decentralization: Operates independently of traditional financial systems.
- Liquidity: Enables BTC holders to participate in DeFi protocols.
- Transparency: 1:1 Bitcoin-backed, auditable reserves.
Note: Cryptocurrency investments carry volatility. Always assess risks before trading.
How to Buy & Store WBTC
Purchase Options
- Exchanges: Acquire WBTC on major platforms.
- Peer-to-Peer: Direct trades via marketplaces.
Storage Solutions
- Hot Wallets: Convenient for frequent trading (e.g., MetaMask).
- Cold Wallets: Offline security for long-term holdings (e.g., Ledger).
WBTC Price Performance Analysis
WBTC’s price fluctuates due to:
- Market Demand: DeFi adoption impacts usage.
- Bitcoin Correlation: Often mirrors BTC’s price movements.
- Network Activity: Ethereum gas fees can influence trading volume.
👉 Compare WBTC’s performance across exchanges
WBTC FAQ
What’s WBTC’s current price?
$83,408.22, updated in real-time.
Is WBTC available on OKX?
Currently unlisted. Follow OKX for updates on new additions.
Why does WBTC’s price change?
Factors include supply-demand shifts, Bitcoin’s price, and Ethereum network conditions.
How is WBTC different from Bitcoin?
WBTC is an ERC-20 token pegged 1:1 to BTC, enabling Ethereum-based applications.
When was WBTC launched?
2019, as part of Ethereum’s DeFi expansion.
Monitoring Crypto Prices
Stay informed with exchange tools and real-time charts.
Disclaimer: OKX does not endorse third-party content. Cryptocurrency trading involves risk—invest responsibly.