Wrapped Bitcoin (WBTC) Gets Listed on KuCoin!
01/08/2021, 14:48:33
Dear KuCoin Users,
KuCoin is extremely proud to announce yet another great project coming to our trading platform. Wrapped Bitcoin (WBTC) is now available on KuCoin. Supported trading pairs are WBTC/BTC and WBTC/ETH.
Please take note of the following schedule:
- Deposits Effective Immediately
- Trading: 9:00 on January 8, 2021 (UTC)
- Withdrawal: 14:00 on January 9, 2021 (UTC)
Project Summary:
WBTC brings greater liquidity to the Ethereum ecosystem including decentralized exchanges (DEXs) and financial applications. Today, the majority of trading volume takes place on centralized exchanges with Bitcoin. WBTC changes that, bringing Bitcoin’s liquidity to DEXs and making it possible to use Bitcoin for token trades. WBTC standardizes Bitcoin to the ERC20 format, creating smart contracts for Bitcoin. This makes it easier to write smart contracts that integrate Bitcoin transfers.
Official Website: https://wbtc.network/
Whitepaper: https://wbtc.network/assets/wrapped-tokens-whitepaper.pdf
Risk Warning: Investing in cryptocurrency is akin to being a venture capital investor. The cryptocurrency market is available worldwide 24 x 7 for trading with no market close or open times. Please do your own risk assessment when deciding how to invest in cryptocurrency and blockchain technology. KuCoin attempts to screen all tokens before they come to market, however, even with the best due diligence, there are still risks when investing. KuCoin is not liable for investment gains or losses.
Regards,
The KuCoin Team