cbBTC-JPY price

The cbBTC is a token on the Base and Ethereum blockchains that is backed at a 1:1 ratio by actual bitcoins held and managed by the American exchange platform Coinbase. The cbBTC allows users to trade and get exposed to the price of Bitcoin while enjoying the features of the Base and Ethereum ecosystems.

Right now, 1 cbBTC is worth ¥.

Right now, 1 Japanese yen is equal to cbBTC.

You can convert and exchange cbBTC with actual Bitcoin using our swap service, with any of your self-custodial wallets.

Each cbBTC token is backed by an actual Bitcoin held by the centralized trading platform Coinbase, which publishes a proof of collateral on this page. This transparency makes it quite safe, but being centralized cbBTC will never be as safe as Bitcoin, which is truly decentralized.

You never store cbBTC in itself. Instead, you store the private key giving you access and control over a cbBTC address. That key is stored in a wallet, which provides an interface to use it. To learn more, read our in-depth guide on storing crypto assets.

To send cbBTC, you use a crypto wallet like Bridge Wallet where you will choose the amount to send and the destination address. Confirm and send, that's it!

You can buy cbBTC with us here from Japan by sending us bank transfers in JPY, avoiding that way unnecessary currency exchange fees. For more information, have a look at our step-by-step tutorial on how to buy cbBTC.

You can swap cbBTC here against one of the cryptocurrencies that we support, using any self-custodial Coinbase Wrapped BTC wallet. For more information, have a look at our step-by-step tutorial on how to swap cbBTC.

To cash out cbBTC with us, you simply need to transfer your crypto to our address. We'll convert your cbBTC in JPY, then transfer the funds to your bank account in Japan. For more information, have a look at our step-by-step tutorial on how to sell cbBTC.