WBTC is basically Bitcoin on the Ethereum blockchain. It is an ERC20 token that is created (wrapped) or destroyed (unwrapped) at a 1:1 ratio with actual Bitcoins that are locked or unlocked with custodians members of the WBTC DAO. Locking 1 BTC on the Bitcoin blockchain gets you 1 WBTC on Ethereum, and vice versa. The interest? Being able to use the no.1 cryptocurrency in the vast DeFi ecosystem that thrives on Ethereum. With WBTC, you can use Bitcoin with decentralized exchange, borrowing and lending platforms such as Uniswap, Aave and many more.
Buy WBTC Sell WBTC What is Bitcoin?With Mt Pelerin, you can buy and sell Wrapped Bitcoin directly on the following networks:
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